The Motley Fool

MARCH 6, 2025

Please also remember, we are lapping the approximately $20 million benefit from the net impact of legal settlements in the third quarter of last year. Rebasing last year's SG&A to exclude the net legal settlements impact would imply us making considerable progress in getting closer to our long-term EPS algo this year.

Leveraging 130

Leveraging Taxes Legal Shareholders 130

The Motley Fool

MARCH 8, 2024

We have a five-year capital plan that addresses replacing key aged and fully depreciated assets in our manufacturing facilities. million, compared to a depreciation and amortization expense of 8.9 That depreciation and amortization expense represents 57% of capital invested. Year to date, we've made capital investments of 15.5

Depreciation 130

Depreciation Amortization Assets Capital 130

The Motley Fool

APRIL 11, 2024

External title data shows that our market share initially accelerated relative to our performance across the second half of 2022, but then came under pressure during multiple periods of steep depreciation. The other thing that we saw during the year, we saw two very steep depreciation cycles.

Depreciation 130

Depreciation Financing Finance Leveraging 130

The Motley Fool

JANUARY 21, 2025

Earlier in the year, we spun off our healthcare business group as Solventum, and we settled two significant legal matters. Adjusted capex of approximately $1 billion will be in line with depreciation and amortization. The legal teams are driving this pretty hard. 2024 was a pivotal year for 3M. It's early days right now in '25.

Capital 130

Capital Depreciation Shareholders Leveraging 130

The Motley Fool

NOVEMBER 7, 2024

G&A costs declined 3% year over year and remained at 12% of total revenue as legal and professional fees declined by $6 million year over year. Depreciation was up $8 million year over year to $25 million, $5 million of which was related to the write-off of capitalized software due to Hakuna and live streaming services shutdowns.

Shareholders 130

Shareholders Portfolios Legal Investors 130

The Motley Fool

MARCH 13, 2025

million in combined expenses for bad debt and loan liabilities; and 0.5 million in legal fees during the quarter to address regulatory inquiries and accruals for various potential franchise legal settlements, with partial offsetting cost savings related to no longer operating company-owned studios. million for severance.

Liabilities 130

Liabilities Taxes Legal Capital 130

The Motley Fool

FEBRUARY 22, 2024

Cash used for capex in operating activities, which excludes loss on supplier deposits, stock-based compensation, depreciation, and impact of working capital averaged $85 million per quarter in the second half of 2023 compared to $130 million in the first half of 2023. As Brian alluded to, we reserved a $68 million warranty liability at all.

Legal 130

Legal Depreciation Assets Banks 130

The Motley Fool

MAY 30, 2024

In addition to continued gains across our international markets, we anticipate Germany's legalization of cannabis will drive a significant increase in the size of the country's medical market as more doctors become comfortable prescribing cannabis and more patients explore its medical benefits. The Motley Fool has a disclosure policy.

Debt 130

Debt Legal Assets Depreciation 130

The Motley Fool

OCTOBER 4, 2023

We drove strong wholesale GPU despite experiencing steep depreciation, and we stabilized CAF's net interest margins while we maintained penetration. We achieved this despite experiencing steep depreciation that was concentrated primarily in June and July. Wholesale gross profit per unit was $963, up from $881 a year ago.

Depreciation 130

Depreciation Financing Finance Banks 130

The Motley Fool

AUGUST 31, 2023

We have received legal merger clearance in Australia, Brazil, Canada, the European Union, Israel, South Africa, Taiwan, and the United Kingdom and foreign investment control clearance in all necessary jurisdictions. the Hart-Scott-Rodino pre-merger waiting periods have expired, and there is no legal impediment to closing under U.S.

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Banks Legal 246

The Motley Fool

APRIL 25, 2024

The largest single factor in the year-on-year decline in G&A expenses was lower charges related to legal matters. And I made this point in opening comments that we are very cognizant of the increasing headwind we have from higher depreciation and expenses associated with the higher capex, and so these efforts are ongoing.

Bidding 240

Bidding Assets Depreciation Capital 240

The Motley Fool

MAY 16, 2024

Currently, new ERNIE agents are created on our platform every day, and together, they are distributed millions of times per day, serving a wide range of verticals including education, legal, B2B, travel, and more. In 2023, we made a large purchase which has arrived at different times and the different depreciation start dates.

Depreciation 130

Depreciation Leveraging Education Shareholders 130

The Motley Fool

FEBRUARY 13, 2024

According to internal models, cross-referenced with figures from BDSA, Organigram is the largest legal hash producer in the world and commands over 20% of the hash market in Canada as of the end of Q1. These are partially offset by lower depreciation, resulting from impairment charges recorded in fiscal year 2023. Thank you.

Depreciation 130

Depreciation Taxes Capital Leveraging 130

The Motley Fool

FEBRUARY 22, 2024

Additionally, as our long-term tax receivable agreement, or TRA, and the related liability is tied to the usage of our deferred tax assets created via the FC structure. We have also removed that liability from our GAAP-based financial statement. Adjusted fully diluted EPS, a non-GAAP measure was $0.01

Taxes 130

Taxes Liabilities Banks Assets 130

Hedgestone

JULY 10, 2023

It’s a crucial step in the buying and selling of businesses, and it’s also necessary for tax purposes, financial reporting, and legal matters. The Asset Approach: This approach looks at the company’s assets and liabilities to determine its value. Each of these approaches has its strengths and weaknesses.

Liabilities 52

Liabilities Due Diligence Assets Amortization 52

The Motley Fool

AUGUST 6, 2024

[Operator instructions] At this time, I would like to turn the call over to Tryn Stimart, AbCellera's chief legal and compliance officer. Tryn Stimart -- Chief Legal and Compliance Officer Thank you. I'm Tryn Stimart, AbCellera's chief legal and compliance officer. You may proceed. The Motley Fool has a disclosure policy.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Legal Funds Assets 130

The Motley Fool

NOVEMBER 8, 2024

federal legalization. In Germany, our medical cannabis revenue surged by 47% from the first to second quarter, demonstrating the rapidly rising demand in Germany's medical market since legalization and Canopy's positioning as one of the long-term players within that market. In Poland, our revenues grew 200% year over year.

Legal 130

Legal Capital Leveraging Portfolios 130

The Motley Fool

JUNE 5, 2024

Adjusted SG&A increased primarily from temporary labor for Dollar Tree's multi-price rollout, higher depreciation and amortization and sales deleverage. million reversal of a legal accrual. Q1 last year excluded a $30 million legal accrual. Adjusted Q1 SG&A this year excludes $17.5 That was around $0.17.

Depreciation 130

Depreciation Legal Portfolios Banks 130

The Motley Fool

JUNE 29, 2023

This quarter, we reduced SG&A independent of the legal settlement. or $59 million related to a legal settlement. Excluding the benefit from the legal settlement, SG&A was down 6% from the prior year's quarter, as we continue to see the benefits of our cost management efforts. We delivered strong retail GPU. a year ago.

Financing 130

Financing Finance Leveraging Bidding 130

The Motley Fool

OCTOBER 11, 2024

Despite the increase in our domestic cost of goods sold per ton of 6% compared to fiscal 2023, which was driven by higher labor, depreciation and freight costs that were only partially offset by lower natural gas and packaging costs, our improved pricing and profitable product mix helped achieve this record gross profit. I think it's over.

Legal 130

Legal Taxes Capital Amortization 130

The Motley Fool

NOVEMBER 7, 2024

The increase in SG&A was primarily associated with increased restructuring costs in the period from settling the leases from company-owned transition studios and increased legal fees to address regulatory inquiries. Depreciation and amortization expense was $4.2 We have entered into settlement agreements on approximately $19.3

Legal 130

Legal Amortization Capital Taxes 130

Hedgestone

JULY 11, 2023

Understanding Tax Liabilities If you owe taxes, it means that you have not paid the full amount of taxes owed to the government. Regardless of the reason, the government will pursue collection of unpaid taxes, which can include levies, liens, and even legal action.

Taxes 40

Taxes Liabilities Amortization Depreciation 40

The Motley Fool

AUGUST 2, 2024

The decrease in SG&A was primarily associated with a net lower cost from operating company-owned transition studios where we have ceased operations, offset by restructuring costs from settling the leases from the company-owned transition studios, and increased legal fees to address regulatory issues. Marketing fund expenses were $7.8

Capital 246

Capital Taxes Debt Liabilities 246

The Motley Fool

OCTOBER 17, 2024

As a reminder, given recent and ongoing capital investments, we expect a significant increase in depreciation expense in 2025 as we bring online additional facilities. Third-quarter pro forma operating expenses increased 13% compared with last year, driven by higher head count, increased legal expenses, and higher customer-facing activities.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Depreciation Taxes Capital 130

Hedgestone

JULY 10, 2023

Asset Approach The asset approach to business valuation looks at the value of the assets a business owns, minus its liabilities. Here are some steps you can take to value your business: Calculate your earnings before interest, taxes, depreciation, and amortization (EBITDA). Determine your industry multiple. Prepare your financials.

Mergers and Acquisitions 52

Mergers and Acquisitions Legal Amortization Assets 52

The Motley Fool

MARCH 13, 2025

After conducting a nationwide search, I'm pleased to announce that Rene Casares, previously chief legal officer from Academy Sports, will be joining our team next month as chief legal officer. We expect depreciation for the year will be between $290 million and $300 million. The Motley Fool has a disclosure policy.

Financing 130

Financing Finance Depreciation Leveraging 130

The Motley Fool

APRIL 30, 2024

Our guidance assumes, among other things, that we don't conclude any additional business acquisitions, restructurings or legal settlements. So, I would expect that it will increase depreciation, definitely in that segment. And now I'll turn the call over to Andy. On the -- well, we're talking about capex.

Leveraging 245

Leveraging Capital Banks New York Stock Exchange 245

The Motley Fool

AUGUST 24, 2023

SG&A expenses expanded primarily from wage investments, incentive compensation, general liability claims, and repairs and maintenance costs from improving store conditions. Notably, the impact of general liability claims was $0.07 legal reserve we took in the first quarter. for the quarter. to $6.08, including the $0.12

Leveraging 130

Leveraging Liabilities Taxes Capital 130

The Motley Fool

AUGUST 9, 2024

NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. We recorded net fair value appreciation in our lower middle market portfolio, our other portfolio, our middle market portfolio, and in our external investment manager, partially offset by net fair value depreciation in our private loan portfolio.

Capital 130

Capital Asset Management Securities and Exchange Commission (SEC) Debt 130

The Motley Fool

AUGUST 9, 2024

Backed by surging demand post legalization, stores and vehicle posted revenue growth of over 100% in Germany within the quarter, which offset a decline in Australia due to the implementation of a regulatory change. Canada gross margin in Q1 was 32%, and cash gross margin, adding back noncash depreciation costs and costs, was 45%.

Public Companies 130

Public Companies Assets Debt Capital 130

The Motley Fool

NOVEMBER 9, 2023

These advancements are complimented by this week's news that Ohio has voted to legalize cannabis for adult use. Canada adjusted gross margin in Q2 was 34% and cash gross margin, adding back noncash depreciation cost of goods sold was 47%. Included in that is depreciation expenses, which is obviously non-cash.

Debt 100

Debt Depreciation Legal Assets 100

The Motley Fool

APRIL 11, 2024

These increases were partially offset by benefits from the craft beer divestiture and lower legal fees. Other commentators are calling out different drinking patterns among younger legal drinking age consumers. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Leveraging 130

Leveraging Capital Depreciation Shareholders 130

The Motley Fool

DECEMBER 5, 2023

SG&A expenses expanded primarily from ongoing labor investments in our stores, IT costs, depreciation, and facility costs. SG&A expenses increased primarily from store labor investments, minimum wage increases, facility costs, costs related to the OTC recall, and depreciation. legal reserve we took in the first quarter.

Taxes 130

Taxes Depreciation Leveraging Liabilities 130

The Motley Fool

AUGUST 13, 2024

One, it allows us to establish our first foothold in Europe through Germany, which, as of April 1st, paved the way to becoming the world's largest federally legal adult-use cannabis jurisdiction. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Capital 130

Capital Leveraging Legal Debt 130

The Motley Fool

JUNE 5, 2024

For us, SG&A means selling, general, and administrative expenses, including payroll and other compensation, marketing and advertising expense, depreciation and amortization expense, and other selling and administrative expenses. The nonrecurring legal expense added approximately 20 basis points to SG&A as a percentage of sales.

Capital 130

Capital Legal Taxes Liabilities 130

The Motley Fool

OCTOBER 29, 2024

The adjusted results exclude special items, which include a legal accrual in the third quarter. In addition, the plan to cease operations at our Los Angeles refinery resulted in the acceleration of depreciation. One is the accelerated depreciation, that $25 million in the quarter. Slide 7 covers key financial metrics.

Assets 130

Assets Debt Capital Shareholders 130

The Motley Fool

AUGUST 9, 2024

Sarah is a lawyer by training and has more than two decades of legal, human resources, and operational experience. Depreciation contributed negative $0.02, and interest expense contributed a negative penny, excluding the impacts of our Empire bond securitization. The Motley Fool has no position in any of the stocks mentioned.

Debt 130

Debt Capital Assets Shareholders 130