nonrecurring charge

(redirected from Non-Recurring Charges)

Nonrecurring charge

A one-time expense or credit shown in a company's financial statement.

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.

nonrecurring charge

An expense that is not expected to be encountered again in the foreseeable future.
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FFO, after adjustment for straight-lining of rents and non-recurring charges, for the quarter ended Sept.
But Fieldcrest's operating earnings were down for first quarter, due to non-recurring charges that included the acquisition of Sure Fit furniture coverings business from UTC Holdings for $27 million.
Among financial highlights were that funds from operations (FFO) after adjustment for straight-lining of rents and non-recurring charges, for the quarter ended June 30, 2001 amounted to $66.
On a pro forma basis, excluding restructuring and related non-recurring charges, 2000 fourth quarter and year-end diluted net income per share was $0.
56,262 49,806 203,344 82,594 Operating income before restructuring and non-recurring charges 12,697 12,577 48,332 62,123 Restructuring and non-recurring charges(a) 2,241 209 8,919 3,338 Operating income 10,456 12,368 39,413 58,785 Other (income) expense Interest expense, net 7,216 2,805 20,695 15,353 Other, net (3,182) (496) (6,442) (1,765) Income before income taxes 6,422 10,059 25,160 45,197 Income taxes 1,145 834 4,096 6,888 Net income (dlrs) 5,277 9,225 21,064 38,309 Net income per common share - dilutive: Net income before restructuring and non-recurring charges 0.
05, which excludes the impact of amortization of acquisition-related intangibles and other non-recurring charges and gains.
After net non-recurring charges of US Dlrs 43 million, reported net income for the year was US Dlrs 334 million, or US Dlrs 2.
Jude Medical's anticipated future product launches, regulatory approvals, revenues, earnings, market shares, non-recurring charges, and potential clinical success are forward-looking statements which are subject to risks and uncertainties, such as those described in the Financial Section of the Company's Annual Report to Shareholders for the fiscal year ended December 31, 2003 (see pages 11-16).
Included in the net income during the three months ended January 31, 2004 were non-recurring charges of approximately $145,000, or $0.
Non-recurring charges for the fourth quarter of 1999 include an extraordinary item of $(40,612) related to deregulation of Conectiv's energy supply business.