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 ?
5 million before nonrecurring charges in the third quarter, compared with $71.
SHAW SALES, EARNINGS DOWN IN THIRD QUARTER
Shaw also recorded a nonrecurring charge totaling $26.
WHAT A DIFFERENCE A QUARTER MAKES; MOHAWK'S BROADER LINE BOOSTS SALES; SHAW PAYS FOR TIES TO FLOORING AMERICA
1 million, as the bulk of the nonrecurring charges some $49.
Onetime charges hurt Cardinal bottom line
9 million nonrecurring charge covers the full cost of the settlement of Babbitt v.
Nonrecurring charge hits Albertson's profits
The company expects to record nonrecurring charges for severance, facility shutdowns and related costs during the fiscal year that began July 1, 1998, amounting to approximately $7.
RIVAL TO RESTRUCTURE IN WAKE OF LOSS
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.
Sweden : Sandvik implements initial phase of supply chain optimization
Results included $900,000, or 2 cents per share, in nonrecurring charges, net of tax.
Results are mixed at Tuesday Morning
Net income for the quarter was $13 million including nonrecurring charges.
PPG sees six percent growth in q1 revenue on strong U.S. coatings sales
COLUMBUS, Ohio -- Earnings before special items and nonrecurring charges at Cardinal Health Inc.
Cardinal cuts full-year guidance as quarterly profits fall

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