Revenue
The net sales of the corporation plus any other revenues associated with the main operations of the business (or those labeled as operating revenues). It does not include dividends, interest income or non-operating income.
Cost of Sales
Also called the Cost of Revenue, this is the cost of all raw materials plus the work in process and the cost of producing the finished goods. For utilities, this includes purchased power and fuel purchased for resale.
Gross Profit
This is found by subtracting cost of sales from total revenue. For utility firms, this is equal to revenue minus cost of sales, minus fuel expense, minus operations and maintenance. For banks, gross operating profit equals total interest income minus loan loss provision plus non-interest income, plus non-interest expense.
Selling, General & Administrative
Expenses including Salaries, indirect production, marketing and general corporation expenses. Typical Accounts: Advertising; All provisions for doubtful accounts/losses; Commissions; Contribution to pension plans; Corporate expenses; Delivery; Distribution; Dry holes (oil and gas companies) -- if specified; Employee benefits; Employee profit sharing; Marketing Maintenance, except for utilities and railroads; Payroll; Rent; Research and Development Research and engineering; Selling, general, administrati ve; Storage and delivery.
Operating Profit Before Depreciation & Amortization
Known as EBITDA, the Operating Profit Before Depreciation is the operating revenue less cost of sales, operating expenses, and SG&A expenses. For banks, this is equal to Interest income minus loan loss provision, plus non-interest income, plus non-interest expense.
Depreciation & Amortization
This reflects the depreciation and amortization for all capital goods.
Operating Income after D & A
This is the firm's total operating income. For banks, this is equal to Interest Income minus Loan Loss Provision plus non-interest income plus non-interest expense.
Other Income (net)
A residual category into which miscellaneous non-operating revenues and expenses are netted. Typical Accounts: Other income; Other expenses; Royalty income, except for royalty companies; Interest income; Dividend income; Gain or loss from joint venture; Idle plan expenses; Equity in earnings of unconsolidated subsidiaries; Foreign exchange adjustments; Allowance for funds used during construction; Miscellaneous income or expense; Liquidation, vacancy and store closing costs; Allowance for borrowed funds used instead of netting out interest; Settlement of contracts; Gain or loss on sale of properties where such transactions are a normal part of doing business.
Interest Expense
This is the Total Operating and Non-Operating Interest Expense.
Pre-Tax Income (EBT)
Annual Income before tax, or operating revenue less all expenses except income taxes.
Net Income from Continuing Operations
This is income taken by subtracting discontinued operations from net income.
Net Income from Discontinued Operations
The income from operations sold or discontinued during the accounting period. This does not include extraordinary gains/losses.
Net Income from Total Operations
The net income before extraordinary items minus discontinued operations.
Normalized Income
Net Income from Total Operations minus Special Income/Charges.
Income from Extraordinary Gains/Losses
Income incurred from extraordinary items and transactions that are both infrequent and unusual. Typical Accounts: Extraordinary Items; Extraordinary Credit.
Total Net Income
Income of the company that includes all the operations (continuing and discontinued) and all the other income or charges (extraordinary, accounting changes, tax loss carryforward, and other gains and losses).
Preferred Stock Dividends
The total dollar amount of the current dividend requirement on issued preferred stock of the parent company. Preferred dividends are the amounts required for the current year only, and not for any amount required in past years.
Net Income available for Common Shareholders
Net Income available for Common Stockholders equals the net income minus the preferred dividends paid. It represents the income available to common stockholders.
Basic EPS from Continuing Operations
This is defined as total net income minus discontinued operations, divided by the primary weighted average number of shares.
Basic EPS from Discontinued Operations
This is defined as total discontinued operations divided by the primary weighted average shares.
Basic EPS from Total Operations
This is the basic primary earnings per share excluding extraordinary items.
Basic EPS from Total Net Income
The bottom line income after all expenses divided by the common shares outstanding adjusted for the assumed conversion of all potentially dilutive securities. Securities having a dilutive effect may include convertible debentures, warrants, options, conve rtible preferred stock, etc. This excludes income from extraordinary gains/losses. This is a reported figure and is based on the Financial Accounting Standards Board (FASB) Statement 128 issued in 1997.
Basic Normalized Net Income/Share
Net Income from Total Operations minus total special items, divided by the diluted shares outstanding.
Diluted EPS from Continuing Operations
This is the total net income minus discontinued operations divided by the diluted weighted average shares.
Diluted EPS from Total Operations
Diluted earnings per share excluding extraordinary items.
Diluted EPS from Total Net Income
Diluted earnings per share including extraordinary items.
Diluted Normalized Net Income/Share
Net Income from Total Operations minus total special items, divided by the diluted shares outstanding.
Dividends Paid/Share
The fiscal year-to-date cumulative dividends paid per share.
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