Net Operating Profit After Taxes definition

Net Operating Profit After Taxes or “NOPAT” means the product of EBIT multiplied by the sum of 1 minus the Tax Rate.
Net Operating Profit After Taxes or “NOPAT” means Net Income (Loss) plus (or minus) the product of (i) Net Interest Expense (Income) and (ii) 100% minus the effective income tax rate for the applicable year. The effective income tax rate will be determined by dividing the annual income tax provision (or benefit) by Income Before Income Taxes. All components of NOPAT shall be obtained directly from the audited financial statements of the Company for the applicable calendar year.
Net Operating Profit After Taxes is defined as the Company’s operating income multiplied by 1 minus the Company’s effective tax rate, each as reported in the Company’s consolidated financial statements for each fiscal year during the Performance Period, adjusted to eliminate (i) the after-tax effect of additional depreciation and amortization expense resulting from fair value adjustments to assets acquired as part of the Company’s acquisitions of Nalco Holding Company (the “Nalco acquisition”) and Permian Mud Service, Inc., the parent company of Champion Technologies, Inc. and Corsicana Technologies, Inc. (the “Champion acquisition”) and the after-tax effect of special gains and charges related to the Nalco acquisition and the Champion acquisition of the types described in materials presented to the Committee on the Date of Grant; (ii) the after-tax effects of any acquisition occurring during the Performance Period that was approved by the Board; and (iii) (A) the cumulative effects of accounting or tax changes, (B) gains and losses from discontinued operations, (C) the cumulative effect of events occurring during the Performance Period that are unusual in nature or occur infrequently or both, and (D) charges for restructurings, each as defined by generally accepted accounting principles and as identified in the Company’s financial statements (including accompanying notes), management’s discussion and analysis or other filings with the Securities and Exchange Commission by the Company.

Examples of Net Operating Profit After Taxes in a sentence

  • Capital Employed x Cost of Capital, where NOPAT is Net Operating Profit After Taxes.

  • NOPAT is the Net Operating Profit After Taxes excluding financial results; NOA is the Net Operating Assets and WACC is the Weighted Average Costs of Capital of the company financed by equity and outside capital (N.N. 2006b; N.N. 2006k).

  • As currently written, this requirement necessarily implies the ability to affix information onto a document.

  • Unlevered Free Cash Flow is defined as Net Operating Profit After Taxes for each applicable period, (i) plus Depreciation and Amortization ($23, $19, $22, $22 and $27 in each of the applicable periods), (ii) less capital expenditures ($20, $22, $24, $27 and $29 in each of the applicable periods) and (iii) less increase in net working capital ($13, $12, $13, $12 and $12 in each of the applicable periods).

  • Considering that the NOPAT (Net Operating Profit After Taxes) is a cash flow.

  • The Economic Value Added (EVA) is a model created by Stern Stewart & Co and is exactly the same of the Net Operating Profit After Taxes (NOPAT).EVA is computed through the difference between the Return on Invested Capital (ROIC) and the cost of this investment that corresponds to WACC, this difference is multiplied by the amount of invested capital.

  • Non-GAAP Net Operating Profit After Taxes is defined as the product of Non-GAAP operating income multiplied by the applicable period’s tax rate.

  • Any other pairs of sets of candidates are considered incomparable.

  • Contractor must demonstrate the full capabilities of the provided systems and prove performance meets contractual specifications.

  • In 2013, given our challenges, we did not meet the Net Sales threshold goal and achieved 59.5% of our Annual Net Operating Profit After Taxes, Less a Capital Charge target, resulting in an earnout of 44.6% for the 2013 annual financial performance measures, and a 96.1% average earnout over the three-year performance cycle.


More Definitions of Net Operating Profit After Taxes

Net Operating Profit After Taxes. For any period, the net earnings (or loss) after taxes of Borrower and its Subsidiaries on a consolidated basis for such period taken as a single accounting period and determined in conformity with generally accepted accounting principals; provided that there shall be excluded (i) the income (or loss) of any entity accrued prior to the date it becomes a Subsidiary of Borrower or is merged into or consolidated with Borrower and (ii) any extraordinary gains or losses for such period determined in accordance with generally accepted accounting principles.
Net Operating Profit After Taxes or “NOPAT”, means “Earnings before Interest and Taxes,” less taxes computed at the Company’s marginal tax rate, subject to certain discretionary adjustments as approved by the Administrator.
Net Operating Profit After Taxes. , or “NOPAT”, means “Earnings before Interest and Taxes,” less taxes computed at the Company’s marginal tax rate, subject to certain discretionary adjustments as approved by the Administrator.
Net Operating Profit After Taxes is defined as the Company’s operating income multiplied by 1 minus the Company’s effective tax rate, each as reported in the Company’s consolidated financial statements for each fiscal year during the Performance Period, adjusted to eliminate the after-tax effects of any acquisition during the Performance Period that was approved by the Board as well as (a) the cumulative effects of accounting or tax changes, (b) gains and losses from discontinued operations, (c) extraordinary gains or losses, and (d) charges for restructurings, each as defined by generally accepted accounting principles and as identified in the Company’s financial statements (including accompanying notes), management’s discussion and analysis or other filings with the Securities and Exchange Commission by the Company. “Invested Capital” is defined as the Company’s (a) total assets less cash and cash equivalents, minus (b) total liabilities less short-term and long-term debt, each as reported by the Company as of the end of the fiscal quarters described above and adjusted to eliminate the impact of the same factors identified in the previous sentence.
Net Operating Profit After Taxes means our income from operations as reported in our financial statements, including the effect of income taxes, but excluding (i) interest expense and (ii) any one-time discrete tax expense related to our Belgian Excess Profit Ruling during the performance period. It may be subject to further adjustment by our Compensation Committee if necessary to avoid any unintended consequence of any unusual or unexpected event, subject to certain limitations included in the applicable award agreement.
Net Operating Profit After Taxes or "NOPAT" means the product of EBIT multiplied by the sum of 1 minus the Tax Rate.

Related to Net Operating Profit After Taxes

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • net non-operating income means the difference between:

  • Gross Profits means the gross profits calculated under section 4;

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Net After-Tax Benefit means the Present Value of a Payment net of all federal state and local income, employment and excise taxes imposed on Executive with respect thereto, determined by applying the highest marginal rate(s) applicable to an individual for Executive’s taxable year in which the Change in Control occurs.

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Net operating loss means a loss incurred by a person in the operation of a trade or business. "Net operating loss" does not include unutilized losses resulting from basis limitations, at-risk limitations, or passive activity loss limitations.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of Foamex, the net income of Foamex and its Subsidiaries after provision for income taxes for such fiscal period, as determined in accordance with GAAP on a consolidated basis (excluding the Joint Ventures and the China Joint Venture) and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain (or loss) arising from any write-up (or write-down) in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by Foamex or any of its Subsidiaries in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person (other than Foamex Canada and the Mexican Subsidiaries and their respective Subsidiaries) in which Foamex or any of its Subsidiaries has an ownership interest unless (and only to the extent) such earnings shall actually have been received by Foamex or any of its Domestic Subsidiaries in the form of cash distributions; (e) earnings of any Person to which assets of Foamex or any of its Subsidiaries shall have been sold, transferred or disposed of, or into which Foamex or any of its Subsidiaries shall have been merged, or which has been a party with Foamex or any of its Subsidiaries to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain or loss arising from the acquisition of debt or equity securities of Foamex or any of its Subsidiaries or from cancellation or forgiveness of Debt; and (g) gain or loss arising from extraordinary items, as determined in accordance with GAAP.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Cash from Operations means the net cash realized by the Company from any source other than a Capital Transaction, after payment of all cash expenditures of the Company, including, but not limited to, all operating expenses including all fees payable to the Manager or Affiliates, all payments of principal and interest on indebtedness, expenses for repairs and maintenance, capital improvements and replacements, and such reserves and retentions as the Manager reasonably determines to be necessary and desirable in connection with Company operations with its then existing assets and any anticipated acquisitions.

  • Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.