OneTime Messenger, "simpler secure messaging" is the newest project to come out of
OneTime.World PLC, a smart startup with a team of technical and business minds.
Leading European washed and ready to eat salad company Vitacress Group has consolidated electronic trading onto the
OneTime platform, providing a common and intelligent interface between the group's customers and different ERP systems.
The reality is that such charges reflect the normal and expected: expansion and contraction of activities, acquisitions and dispositions of assets and recurring modifications classified under the label "restructuring." Several companies have begun referring to such costs as "recurring, non-recurring charges." For pro forma measures to be useful and complement GAAP-based numbers, they must meaningfully reflect only
onetime charges.
For the 52 weeks ended February 2 net profits, excluding
onetime charges, rose to $1.22 billion, up from $1.13 billion in the 53-week fiscal 2000.
Kroger incurred
onetime items totaling $13 million pretax ($8.4 million after taxes), consisting of $10.5 million in mergerrelated costs and $2.5 million related to utility contracts.
A closer look at the
onetime items in the recently completed quarter shows $2.3 million in merger-related fees, $2.8 million in merchandise charges tied to inventory reevaluations and $11.1 million in operating, general and merchandise (OG&A) charges, primarily from store conversions or closures.
Fiscal 2001's bottom line was hit by $284.5 million ($174.4 million after taxes) in
onetime charges.
Factoring in $26 million ($17 million after-tax) in
onetime charges and merger-related costs from the retailer's union with American Stores Co., Albertson's posted net income of $194 million in the fiscal 2000 span.
During the quarter ended November 10 earnings before
onetime items climbed 11.8% to $258.6 million from $231.4 million a year ago, when results included a $1.6 million charge related to debt extinguishment.
CINCINNATI -- Despite a solid increase in earnings before
onetime items, Kroger Co.
CINCINNATI -- Even though fourth quarter results were weighed down by
onetime merger-related items, Kroger Co.
After-tax income, exclusive of
onetime items, reached $1.13 billion over the 53 weeks ended February 3, up from $939.6 million for the 52-week fiscal 1999.
Indicative of the impact of
onetime items, 10 of the 13 companies ringing up profit gains above 30% were positively influenced to some extent by the presence of
onetime entries in the 1999 and/or 1998 periods.
generated an almost 15% increase in earnings before
onetime items during the quarter ended November 4.
(1.)Allergan Inc.'s earnings for the 1998 period reflected $26.7 million in
onetime pretax charges.
