nonrecurring charge

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Nonrecurring charge

A one-time expense or credit shown in a company's financial statement.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Nonrecurring Charge

A charge, usually triggered by an extraordinary event, that appears on a company's financial statement only once. A nonrecurring charge is listed as an expense for the company and reduces its earnings for the time period covered in the financial statement. Most statements make it clear that a nonrecurring charge is a one-time event and does not reflect the company's broader financial health.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

nonrecurring charge

An expense that is not expected to be encountered again in the foreseeable future.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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It is expected to be dilutive to Moody's EPS on a GAAP basis in full-year 2019 by up to 20c per share, mainly due to certain non-recurring charges associated with the transaction, which will be finalized at closing.
Hargreaves added that it could incur a further GBP3.0 million in non-recurring charges related to redundancy and other employment costs.
Drug company ICON plc (NASDAQ:ICLR) stated on Wednesday its net income before non-recurring charges of USD337.4m for the full year ended 31 December 2018.
Excluding the impact of non-recurring charges, one-time gain, foreign exchange gains and mark-to-market charges, Globe's core net income grew P18.6 billion in 2018, up 37 percent from P13.5 billion in 2017.
Net income, which includes non-recurring charges, foreign exchange and mark-to-market charges, amounted to P15.2 billion against P13 billion last year.
Likewise, Globe's core net income, which excludes the impact of non-recurring charges, and foreign exchange and mark-to-market charges, stood at P4.8 billion.
The company reported operating cash flow before changes in working capital from all operations at USD24.6m, with net income from continuing operations of USD10.3m and adjusted net income from continuing operations of USD10.6m or USD0.03 per share after adjusting for certain non-cash and non-recurring charges.
Adjusted EBIT and adjusted EBITDA exclude USUSD 66.0 million in net non-recurring charges in 4Q17, mostly related to impairments in the Executive Jets and Defense & Security segments.
Net income included non-recurring charges of $189 million resulting from actions taken by the company in connection with the Tax Cuts and Jobs Act ("Tax Act").
Insulet said it expects the transaction to improve its gross margins on an annual basis by low-to-mid single digits and to be accretive to earnings, excluding non-recurring charges and transition costs related to the sale of the business.
Redwood expects non-recurring charges of approximately USD2.0 million related to these announcements, with approximately half included in the fourth quarter of 2015 and half in the first quarter of 2016.