The apportionment, in the first instance, and the progressive extinguishment
afterward, would be alike productive of ill-humor and animosity.
Grant,” cried Richard, who had been directing the extinguishment
of the fires and other little necessary duties, and who approached in time to hear the close of the divine’s speech.
A) Income (Loss) Before Income Taxes and Extraordinary Loss on Early Extinguishment
of Debt includes a non-recurring charge of $4,970,000 related to advertising incurred in the first quarter of 1995.
If the new credit facility is completed, the Company expects to record a non-cash pre-tax charge of approximately $11 million for a loss on early extinguishment
of debt for the write-off of unamortized debt issuance costs which would directly reduce its full year earnings estimate.
Operations for the fiscal year ended April 30, 1995 resulted in a net loss before net loss from disposition of real estate and gain from extinguishment
of debt of $1,152,000, or $.
The forecast results do not include a loss on early extinguishment
of debt of up to $0.
CHICAGO, March 17 /PRNewswire/ -- The Chicago Dock and Canal Trust (Nasdaq: DOCKS), a publicly held real estate investment trust, today reported net income before net loss from disposition of real estate and gain from extinguishment
of debt for its third quarter ended Jan.
References to "EBITDA" in this news release this are to net income (loss) before some or all of the following: cumulative effect of a change in accounting principle net of income tax benefit, income tax expense (recovery), other income (expense), loss on extinguishment
of debt, loss on termination of interest rate swaps, gain on sale of capital assets or net (gain) loss on sale of capital and landfill assets, write-off of deferred financing costs, interest expense or interest on long-term debt, amortization or depreciation, depletion and amortization.
24 in 1993, a 48 percent increase (excluding the effects of an extraordinary loss on the early extinguishment
of debt recorded during the fourth quarter of 1994 in connection with the acquisition of Auto Haulaway, and the cumulative effect of an accounting change recorded during the first quarter of 1993).
Since that time, the Company has been engaged in an orderly wind-down of its affairs, including the liquidation of inventories and fixed assets, sale and license of various intellectual property, and extinguishment
Net income for the first quarter of 1995 was affected by the recording of a loss of $138,000 on the extinguishment
of debt in connection with the company's initial public offering.
140, "Accounting for Transfers and Servicing of Financial Assets and Extinguishment
of Liabilities," UIL has determined that during the period in which the 1999 Series Bonds were held by UI as an investment (December 2002 through February 2003), it should have presented the transaction as an extinguishment
of debt, because UI is the primary obligor of the bonds.