Home BancShares took a one-time charge of $36.9 million, while Simmons took a one-time noncash charge
of $11.5 million.
Any impairment would result in a noncash charge
to earnings in the first quarter of fiscal 2019.
A nonrecurring, noncash charge
of $9.5 million, or $0.31 per diluted share, was recorded as tax expense in the fourth quarter of 2017, stemming from the late December 2017 enactment of the "Tax Cuts and Jobs Act."
The plan will come with a substantial initial cost, with the company planning to take an accounting hit of $16 billion in its first fiscal quarter this year, most of which will be a noncash charge
. Moreover, the company will pay about $6 billion in taxes on earnings it brings back from overseas.
These gains were reduced by a onetime, noncash charge
of $38.1 million arising from the writedown of intangible assets at the company's terminal in Buenos Aires, Argentina.Miguel R.
Reported earnings for the 2013 quarter and year reflect a huge noncash charge
to completely write down goodwill in Cardinal's nuclear pharmacy services division.
Diluted earnings per share available to common stockholders for the quarter ended March 31, 2013, was USD0.30 compared to USD0.32 for the same quarter a year ago due primarily to the reversal for credit losses in 2012, increases in salaries and employee benefits, increases in costs associated with debt redemption, and the USD1.3m noncash charge
associated with the redemption of preferred shares issued to the US Treasury offset by increases in gains on sale of securities and in commissions from wealth management.
The price of the deal was not disclosed, but the French group said it would take a mostly noncash charge
of EUR 220 M.
The company estimated a pretax noncash charge
of at least $790 million in the third quarter for the impairment of goodwill and other assets within its European retail and catalog businesses.
says it will record a $39 billion net noncash charge
for the third quarter because of negative changes in its historical three-year cumulative loss.
posts $114 million third-quarter profit excluding noncash charge
. American Airlines parent AMR Corp.