Duckwall-ALCO Stores Reports $5.6 Million Improvement in Net Earnings for First Half of Fiscal 2010 Sep 11, 2009
Duckwall-ALCO Stores, Inc. and Subsidiaries Consolidated Balance Sheets (dollars in thousands, except share amounts) (Unaudited) August 2, August 3, 2009 2008 -------- -------- Assets Current assets: Cash and cash equivalents $ 5,446 $ 4,653 Receivables 5,656 3,743 Prepaid income taxes 423 2,423 Inventories 148,499 145,658 Prepaid expenses 4,067 4,106 Deferred income taxes 5,345 6,835 Assets held for sale 1,539 -- -------- -------- Total current assets 170,975 167,418 -------- -------- Property... (Primezone Releases)
BELLUS Health reports results for first half of fiscal 2009 Aug 12, 2009
Expenses for the current three-month period are presented net of an amount of $1,245,000 in relation to amortization of the deferred gain on sale of property ($1,580,000 for the six-month period) compared to $334,000 for the corresponding period the previous year ($669,000 for the six-month period) ... Accordingly, the Deferred gain on sale of property and the Deferred rent liability, recorded in 2005 at the time of the sale-leaseback transaction on the Company's premises, will be amortized on a... (PR Newswire)
TOP Ships Reports Second Quarter and First Half 2009 Financial Results Aug 11, 2009
TOP SHIPS INC. CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) (Expressed in thousands of U.S. Dollars - except for share and per share data) Three Months Ended Six Months Ended June 30, June 30, --------- --------- 2008 2009 2008 2009 ---- ---- ---- ---- (Unaudited) (Unaudited) (Unaudited) (Unaudited) REVENUES: Revenues $76,687 $28,636 $149,324 $58,429 EXPENSES: Voyage expenses 13,293 1,435 23,617 2,585 Charter hire expense 15,854 5,019 33,842 10,806 Amortization of deferred gain on... (PR Newswire)
Strategic Hotels & Resorts Reports Second Quarter 2009 Results Aug 6, 2009
04 ====== ===== ====== ===== Weighted average common shares outstanding 75,381 75,048 75,166 74,991 ====== ====== ====== ====== Strategic Hotels & Resorts, Inc. and Subsidiaries (SHR) Consolidated Balance Sheets (in thousands, except share data) June 30, December 31, 2009 2008 ---- ---- Assets Investment in hotel properties, net $2,369,540 $2,383,860 Goodwill 80,081 120,329 Intangible assets, net of accumulated amortization of $4,003 and $3,096 35,254 32,277 Investment in joint ventures 81,938... (PR Newswire)
Amistar Reports Unaudited Financial Results for First Quarter 2009 May 16, 2009
Net income was lower in the first quarter of 2009, compared to the same period in 2008, due primarily to a one-time recognition of deferred gain on sale of property recorded in the first quarter of 2008. As announced in its press release on February 5, 2008, the Company committed to a plan of restructuring that involved a sale of substantially all its operating assets and the execution of an agreement to sell its remaining inventory through a distributor. (Primezone Releases)
Tree Island Announces First Quarter 2009 Results May 16, 2009
Results from Operations --------------------------------------------------------------------------- '000's except for tonnage and per unit amounts Three Months Ended March 31 --------------------------------------------------------------------------- Income 2009 2008 --------------------------------------------------------------------------- Sales Volumes -- Tons 42,369 67,308 --------------------------------------------------------------------------- Revenue 52,955 76,421 Cost of Goods Sold... (CCNMatthews Press Releases)
Rainmaker Reports Results for the Three Months Ended March 31, 2009 May 15, 2009
All amounts are in 000's of dollars, except per share/unit figures Three months ending March 31, March 31, 2009 2008 ---------- ----------- Note 1 Revenue Rainmaker Entertainment - Animation 3,929 7,240 EP Canada - Payroll processing (Note 1) - 1,104 Canada Film Capital - Tax credit services (Note 1) - 511 -------------------------------------------------------------------------- 3,929 8,855 -------------------------------------------------------------------------- Expenses Operating 4,960 7,464... (CCNMatthews Press Releases)
Brookdale Announces First Quarter 2009 Results; CFFO of $0.49 per Share May 7, 2009
Brookdale's management utilizes Adjusted EBITDA and Cash From Facility Operations to evaluate the Company's performance and liquidity because these metrics exclude non-cash expenses such as depreciation and amortization, non-cash stock-based compensation expense and straight-line lease expense, net of deferred gain amortization ... The loss for the quarter includes non-cash items for depreciation and amortization, non-cash stock-based compensation expense and straight-line lease expense, net of... (PR Newswire)
Cousins Properties Q1 profit rises May 6, 2009
Cousins Properties Inc. got a big boost from a deferred gain in the first quarter of 2009 ... During the first quarter, Cousins (NYSE: CUZ) had a $167 million deferred gain related to a distribution from a venture to partners from the June 2006 Avenue Fund transaction with Prudential. (Atlanta Business Chronicle, GA)
Avcorp announces 2008 Annual Results Apr 1, 2009
Consolidated Balance Sheets as at December 31, 2008 and December 31, 2007 (in thousands of Canadian dollars) ------------------------------------------------------------------------- For the year ended December 31 2008 2007 -------------------------- Assets Current assets Accounts receivable $ 12,609 $ 12,224 Inventories 19,206 17,801 Prepayments 1,761 2,401 Other assets 746 138 -------------------------- 34,322 32,564 Prepaid rent - 481 Development costs 3,299 1,545 Property, plant and... (PR Newswire)
Crocotta Announces 2008 Financial and Operating Results Mar 26, 2009
Crocotta Energy Inc. Balance Sheets As at December 31, 2008 2007 ---------------------------------------------------------------------------- ($000s) ---------------------------------------------------------------------------- Assets Current assets: Cash and cash equivalents - 3,003 Accounts receivable 5,982 8,414 Prepaid expenses and deposits 1,452 1,366 ---------------------------------------------------------------------------- 7,434 12,783 Oil and natural gas properties and equipment (note... (CCNMatthews Press Releases)
Manhattan Bridge Capital, Inc. Reports Fiscal Year 2008 Consolidated Financial Statements Mar 19, 2009
MANHATTAN BRIDGE CAPITAL, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2008 and 2007 2008 2007 ---- ---- Assets Current assets: Cash and cash equivalents $ 884,296 $ 621,724 Investment in marketable securities 499,207 802,811 Short term investment - insurance annuity contract - at fair value -- 931,555 --------------------------- Total cash and cash equivalents, marketable securities and short term investment 1,383,503 2,356,090 Short term loans 5,362,060 4,313,211 Interest... (Primezone Releases)
Alon USA Reports 2008 Results Mar 6, 2009
Declares Quarterly Cash Dividend. Company schedules conference call for March 6, 2009 at 10:00 A.M. Eastern. (PR Newswire)
What Happens When You Sell An Exchange Property At A Loss? Mar 5, 2009
Your basis on the New Property is still $125,000, your deferred gain is $65,000, and you paid tax on the other $10,000 ... Assume, for example, that you paid $225,000 for the New Property; its basis would be $125,000 plus the buy-up of $25,000 for a new basis of $150,000, and your deferred gain remains unchanged at $75,000 ... This is how the IRS views it, although you arrive at exactly the same basis amount if you take the purchase price of $225,000 and back off the deferred gain of $75,000. (RealtyTimes)
The Data Group Income Fund announces full year and fourth quarter results for 2008 Mar 5, 2009
The future income tax expense in 2007 was due to a change in estimates of future reversals of temporary differences, the impact of the deferred gain on the sale leaseback of the Data Group's Brockville, Ontario printing facility and changes to substantially enacted income tax rates. Future income tax liabilities and assets are assessed each quarter and any changes will be recognized in the Fund's consolidated statement of income and comprehensive income. (Canada Newswire)
Billions wipeout for nation's top two networks Feb 26, 2009
3 billion worth of its assets in the first half, which was offset by a deferred gain of $1. 4 billion from the sell-down to KKR. Net income dropped 13 per cent to $77 million, with the largest part of earnings coming from interest on its $1. (The Age, Australia -- Business)
