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The company reported $39 million in operating income before depreciation and amortization, the company's preferred profit metric, compared with $56 million for the entire company.
At a multiple of eight times its earnings before interest, taxes, depreciation and amortization, the analysts valued the education business at $3.4 billion.
But it will involve no cash outlay and will not change the company's earnings before interest, taxes, depreciation and amortization, the financial measure most watched for media companies.
Not counting one-time amortization, the company said it earned 25 cents a share, beating a prediction of 22 cents a share from analysts surveyed by Thomson Financial.
For the year ended Dec. 26, 1999, these properties generated about $135 million in revenue and approximately $50 million in earnings before interest, taxes, depreciation, and amortization, the company said.
The company's "adjusted operating income before depreciation and amortization"— the method Time Warner uses to present year-over-year performance excluding one-time items — increased to $2.655 billion in the quarter, from $2.489 billion.
Similar(48)
The result is the amortization of the patent.
Then you deduct the amortization from the monthly checks to arrive at the taxable amount.
The proposed methodology helps decision makers see all the possible risks that impact the amortization of the system.
The amortization schedulein the Alta Genetics Annuall Report shows some fairly standard amortization practices: Buildings are amortized 5-10% per year, furniture 20-30%, and company cars 30%.
In addition, Healtheon doesn't record the amortization of the prepaid content and services in "depreciation and amortization," but in "marketing expense".
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CEO of Professional Science Editing for Scientists @ prosciediting.com