Pretax Income means the Company’s or a business unit’s income before taxes, determined in accordance with generally accepted accounting principles.
Pretax Income means for each Fiscal Year the net income of the Company before federal and state taxes determined in accordance with generally accepted accounting principles consistently applied and as approved by the independent public accountants who have examined the financial accounts and records of the Company for such Fiscal Year; provided, however, that such Pretax Income determination shall be adjusted to include the effect of the amount of any Bonus paid or to be paid to a Participant pursuant to the Plan.
Pretax Income with respect to Liggxxx, xxans for a specified year, the "Income before Income Taxes" as determined in accordance with generally accepted accounting principles ("GAAP") of Liggxxx xxx its most recent fiscal year, as report in filings to the United States Securities and Exchange Commission or, if there is no such filing, as reported by Liggxxx'x xxxependent outside auditors. If GAAP changes in any material respect during the term of this Agreement so that the benefits anticipated by the parties (in light of GAAP applicable on the date of this Agreement), an appropriate adjustment shall be made to the formulas and calculations hereunder to achieve the parties' expectations as of the date hereof.
Examples of Pretax Income in a sentence
Represents taxes on Adjusted Pretax Income, considering both current and deferred income tax effects for the current ownership structure.
See "Reconciliation of Adjusted Net Income, Adjusted Pre-tax Income, and Adjusted Operating Income to GAAP Net Income" table below for more details.
This adjustment adds back to GAAP Pretax Income amounts for the amortization of intangible assets that are associated with Blackstone’s IPO, the acquisition of PJT Capital LP on October 1, 2015 and the acquisition of CamberView on October 1, 2018.
This adjustment adds back to GAAP Pretax Income the amount the Company has agreed to pay Blackstone related to the net realized cash benefit from certain compensation-related tax deductions.
Represents taxes on Adjusted Pretax Income, assuming all Partnership Units (excluding the unvested partnership units that have yet to satisfy market conditions) were exchanged for shares of the Company’s Class A common stock, resulting in all of the Company’s income becoming subject to corporate-level tax, considering both current and deferred income tax effects.
More Definitions of Pretax Income
Pretax Income means, on any date of determination, Consolidated Net Income, plus federal, state or other income taxes provisions recorded by the Company and its Subsidiaries, during the four fiscal quarters then preceding, taken on a consolidated basis.
Pretax Income means earnings of the Corporation before tax and after Bonuses for Corporate and Business Unit performance, unless otherwise defined.
Pretax Income means, for any Fiscal Year, the income of the Company and its consolidated subsidiaries from continuing operations determined in accordance with generally accepted accounting principles from time to time in effect ("GAAP") before provisions for income taxes and Employee's Bonus pursuant to this Section 3.2. Pretax Income shall be adjusted to exclude gains or losses from the sale or distribution of assets not in the Company's ordinary course of business and gains or losses from transactions accounted for as extraordinary events in accordance with GAAP.
Pretax Income shall be the net income shown on Badger's books determined in accordance with generally accepted accounting principles and practices utilized by Badger's independent public accountant or, such other firm of independent public accountants as may be determined from time to time. Pretax income shall be calculated before payment of federal and state income taxes and before allowance for the bonus payment calculated pursuant to this Agreement.
Pretax Income with respect to a specified Settling Defendant other than Xxxxxxx for a specified year, means the operating income (or equivalent designation) from Domestic Tobacco Operations of the Settling Defendant and its affiliates, on a consolidated basis, as determined in accordance with generally accepted accounting principles ("GAAP") for the Settling Defendant's most recent fiscal year, as reported in filings to the United States Securities and Exchange Commission or, if there is no such filing, as reported by the Settling Defendant's independent outside auditors. For purposes of the consolidation intended hereby, interest expenses on parent company debt and parent company corporate and other expenses, less amortization of parent company acquisition goodwill, shall be allocated pro rata to all operating units according to operating income. If GAAP changes in any material respect during the term of this Agreement so that the benefits anticipated by the parties (in light of GAAP applicable on the date of this Agreement), an appropriate adjustment shall be made to the formulas and calculations hereunder to achieve the parties' expectations as of the date hereof.
Pretax Income means, for any Fiscal Year, the income (positive or negative) of the Company and its consolidated subsidiaries (or, if required by the context, of an entity acquired by the Company) from continuing operations determined in accordance with generally accepted accounting principles from time to time in effect ("GAAP") before provisions for income taxes and Executive's Bonus pursuant to this Section 3.3. Pretax Income shall be adjusted to exclude gains or losses from the sale or distribution of assets not in the Company's ordinary course of business and gains or losses from transactions accounted for as extraordinary events in accordance with GAAP. For any Fiscal Year, "Pretax Income" shall be adjusted in accordance with the provisions of Sections 3.3.3, 3.3.4, 3.3.5 and 3.3.6
Pretax Income means with respect to Liggxxx, xxr a specified year, the "Income before Income Taxes" as determined in accordance with generally accepted accounting principles ("GAAP") of Liggxxx xxx its most recent fiscal year, as reported in filings