nonrecurring charge

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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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References in periodicals archive ?
These actions are expected to yield an annual saving of 500 million SEK and will entail nonrecurring charges of about 400 million SEK in the fourth quarter.
Results included $900,000, or 2 cents per share, in nonrecurring charges, net of tax.
Net income for the quarter was $13 million including nonrecurring charges.
COLUMBUS, Ohio -- Earnings before special items and nonrecurring charges at Cardinal Health Inc.
3 million which included nonrecurring charges of approximately $45.
showed a $5 million operating loss combined with a $175 write-off of "impaired" assets and other nonrecurring charges.
9 million, or 54 cents a share, including nonrecurring charges, compared with a profit of 15 cents a share from the same period a year ago.
These results include the effect of certain nonrecurring charges recorded in connection with a previously announced reorganization.
Before nonrecurring charges, the company reported net income for the fourth quarter of $10.
of Fayetteville posted a fourth-quarter net loss, from continuing operations, excluding restructuring and other nonrecurring charges, of $1.
The nonrecurring charges associated with these initiatives are expected to impact earnings by just under 100 million SEK in the fourth quarter 2012 and by 200 million SEK in 2013.
6 million) for the first half of fiscal 2011, as nonrecurring charges hammered the bottom line.