Consolidated Results of Operations Sample Clauses

Consolidated Results of Operations. Operating revenues decreased by $47.6 million to $276.3 million in 2000 from $323.9 million in 1999. This decrease results primarily from decreased Flagler realty sales of $61.9 million, offset by increased Flagler rental revenues, telecommunication revenues and trucking revenues. During the prior year, Xxxxxxx sold three industrial parks accounting for $62.5 million of 1999 revenues. Flagler’s rental revenues increased $6.0 million in 2000 as lease-up occurred on properties completed in 1999 and 2000. EPIK’s telecommunications revenues increased $3.2 million in 2000 as collocation and capacity products were made available on the southeast network. Trucking revenues increased $2.6 million as the new management team focused freight service offerings in the Southeast jointly with FECR’s freight services. Results for 2000 compared to 1999 Discussions are based on segment information – see Note 9 included in Item 8 of this Report.
Sample 1
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Consolidated Results of Operations. The following table and discussion is a summary of our consolidated results of operations: 2015 2014 2013 2015 vs. 2014 2014 vs. 2013 ($ in millions, except operating statistics and price amounts) Revenues Sales of commodities $ 5,465.4 $ 7,595.2 5,728.0 $ (2,129.8 ) 28 % $ 1,867.2 33 % Fees from midstream services 1,193.2 1,021.3 586.7 171.9 17 % 434.6 74 % Total revenues 6,658.6 8,616.5 6,314.7 (1,957.9 ) 23 % 2,301.8 36 % Product purchases 4,837.6 6,992.7 5,098.7 (2,155.1 ) 31 % 1,894.0 37 % Gross margin (1) 1,821.0 1,623.8 1,216.0 197.2 12 % 407.8 34 % Operating expenses 540.0 487.3 414.8 52.7 11 % 72.5 17 % Operating margin (2) 1,281.0 1,136.5 801.2 144.5 13 % 335.3 42 % Depreciation and amortization expenses 677.1 351.0 271.9 326.1 93 % 79.1 29 % General and administrative expenses 161.7 148.0 151.5 13.7 9 % (3.5 ) 2 % Provisional goodwill impairment 290.0 — — 290.0 NM — NM Other operating (income) expenses (7.1 ) (3.0 ) 9.6 (4.1 ) 137 % (12.6 ) 131 % Income from operations 159.3 640.5 368.2 (481.2 ) 75 % 272.3 74 % Interest expense, net (231.9 ) (147.1 ) (134.1 ) (84.8 ) 58 % (13.0 ) 10 % Equity earnings (2.5 ) 18.0 14.8 (20.5 ) 114 % 3.2 22 % Loss from financing activities (10.1 ) (12.4 ) (14.7 ) 2.3 19 % 2.3 16 % Other income (expense) (26.6 ) (8.0 ) 15.3 (18.6 ) 233 % (23.3 ) 152 % Income tax (expense) benefit (39.6 ) (68.0 ) (48.2 ) 28.4 42 % (19.8 ) 41 % Net income (loss) (151.4 ) 423.0 201.3 (574.4 ) 136 % 221.7 110 % Less: Net income (loss) attributable to noncontrolling interests (209.7 ) 320.7 136.2 (530.4 ) 165 % 184.5 135 % Net income (loss) available to common shareholders $ 58.3 $ 102.3 65.1 $ (44.0 ) 43 % $ 37.2 57 % Operating statistics: Plant natural gas inlet, MMcf/d (3) (4) (5) 3,241.3 2,109.5 2,110.2 1,131.8 54 % (0.7 ) 0 % Gross NGL production, MBbl/d (5) 265.5 153.0 136.8 112.5 74 % 16.2 12 % Export volumes, MBbl/d (6) 183.0 176.9 66.6 6.1 3 % 110.3 166 % Natural gas sales, BBtu/d (4) (5) 1,770.7 902.3 928.2 868.4 96 % (25.9 ) 3 % NGL sales, MBbl/d (5) 517.0 419.5 294.8 97.5 23 % 124.7 42 % Condensate sales, MBbl/d (5) 9.3 4.4 3.5 4.9 111 % 0.9 26 %
Sample 1
Consolidated Results of Operations. Year Ended December 31, 2022 2021 (Dollars in thousands) Amount % of Revenue Amount % of Revenue Revenue Xxxxxx(1) $ 324,783 28.2 % $ — — % TestEquity 392,358 34.1 % 264,161 50.8 % Gexpro Services 385,326 33.5 % 256,129 49.2 % All Other(2) 48,955 4.3 % — — % Total Revenue 1,151,422 100.0 % 520,290 100.0 % Cost of goods sold Xxxxxx(1) 154,030 13.4 % — — % TestEquity 302,980 26.3 % 206,971 39.8 % Gexpro Services 272,462 23.7 % 183,041 35.2 % All Other(2) 31,052 2.7 % — — % Total Cost of goods sold 760,524 66.1 % 390,012 75.0 % Gross profit 390,898 33.9 % 130,278 25.0 % Selling, general and administrative expenses Xxxxxx(1) 164,217 14.3 % — — % TestEquity 78,003 6.8 % 56,861 10.9 % Gexpro Services 91,573 8.0 % 61,996 11.9 % All Other(2) 15,319 1.3 % — — % Total Selling, general and administrative expenses 349,112 30.3 % 118,857 22.8 % Operating income (loss) 41,786 3.6 % 11,421 2.2 % Interest expense (24,301) (2.1)% (16,737) (3.2)% Loss on extinguishment of debt (3,395) (0.3)% — — % Change in fair value of earnout liabilities (483) — % — — % Other income (expense), net (670) (0.1)% 577 0.1 % Income (loss) before income taxes 12,937 1.1 % (4,739) (0.9)% Income tax expense (benefit) 5,531 0.5 % 313 0.1 % Net income (loss) $ 7,406 0.6 % $ (5,052) (1.0)%
Sample 1

Related to Consolidated Results of Operations

  • Statement of Operations d. Statement of Changes in Net Assets.

  • Hours of Operation 4.1 CONTRACTOR shall provide services during hours that are responsive to the needs of the population(s) to be served as determined by ADMINISTRATOR. At a minimum, CONTRACTOR shall provide services Monday through Friday, from 8:00 a.m. to 5:00 p.m., except COUNTY holidays as established by the Orange County Board of Supervisors. However, CONTRACTOR is encouraged to provide the contracted services on holidays, whenever possible.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.

  • Continuity of Operations (1) Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Financial Position The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders’ equity and cash flows as of and for (a) the fiscal years ended December 31, 2014 and 2013 reported on by Ernst & Young LLP, independent public accountants and (b) the six months ended June 30, 2015. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated subsidiaries as of such dates and for such periods in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (b) above.

  • Maintenance of Operations The Company shall maintain operations at the Project for a minimum of ten (10) years beginning on the date the Project is Placed in Service. In addition to any other rights the Department may have under the terms of this Agreement, in the event that the Company discontinues of operations at the Project, such discontinuation may subject the Company to certain statutory provisions, including:

  • Financial Statements; Non-GAAP Financial Measures The financial statements included or incorporated by reference in the Registration Statement and the Prospectus, together with the related schedules and notes, present fairly in all material respects the consolidated financial position of the Company and the respective entities to which such financial statements relate (the “Covered Entities”) at the dates indicated and the consolidated statements of operations, stockholders’ equity (deficit) and cash flows of the Covered Entities for the periods specified; said financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) applied on a consistent basis throughout the periods involved. The supporting schedules, if any, present fairly in all material respects in accordance with GAAP the information required to be stated therein. The selected financial data and the summary financial information included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein and have been compiled on a basis consistent with that of the audited financial statements included therein. Any pro forma financial statements and the related notes thereto included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein, have been prepared in accordance with the Commission’s rules and guidelines with respect to pro forma financial statements and have been properly compiled on the bases described therein, and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the transactions and circumstances referred to therein. Except as included therein, no historical or pro forma financial statements or supporting schedules are required to be included or incorporated by reference in the Registration Statement or the Prospectus under the Securities Act. All disclosures contained in the Registration Statement or the Prospectus, or incorporated by reference, regarding “non-GAAP financial measures” (as such term is defined by the rules and regulations of the Commission) comply in all material respects with Regulation G of the Exchange Act and Item 10 of Regulation S-K of the Securities Act, to the extent applicable. The interactive data in Inline eXtensible Business Reporting Language incorporated by reference in the Registration Statement and the Prospectus, if any, fairly present the information called for in all material respects and has been prepared in accordance with the Commission’s rules and guidelines applicable thereto.

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