Estimates

Reported Net Business Profits represents the net business profits, after credit related costs for trust accounts and provision for general allowance for credit losses. This is most commonly reported by banks.

Reported Net Income After Tax represents the company’s as reported net income after tax within their financial report.

Reported Net Premiums Written represents the company’s as reported value for Net Premiums Written within their financial report. This is most commonly reported by insurance companies.

Reported Operating Profit represents revenue less costs of goods sold and related operating expenses applying to the normal business activities of the entity.

Reported Operating Profit Margin represents the company’s as reported value for Operating Profit Margin within their financial report. It is a measurement of management’s efficiency and is obtained using Operating Income divided by Total Revenue.

Reported Operating Revenue represents the value generated by a company from its own operations. It excludes revenues from other activities, like investments.

Reported Ordinary Profit represents earnings attributable to the nominal and recurring business operations of the entity. This value reflects the profits earned after taking into consideration the income and expenses from operating and non-operating section attributable to the recurring business operations.

Reported Recurring Revenue represents the portion of a company’s revenue that is highly likely to continue in the future. This is most commonly reported by banking and insurance companies.

Reported Return on Assets represents a measure of the company’s management effectiveness in using its assets to generate earnings. It represents the company’s as reported value within their financial report.

Reported Return on Equity represents a measure of the company’s management effectiveness in using its equity to generate earnings. It is generally obtained using Net Income, divided by Shareholder’s equity. It represents the company’s as reported value within their financial report.

Reported Shareholders’ Equity represents the company’s as reported Shareholders’ equity value within their financial report. This represents the sum of:
Common Stock
Capital Surplus
Retained Earnings
Treasury Stock

Reported Total Assets represents the company’s as reported total assets value within their financial report.

Reported Total Cost of Revenue represents all costs that can be directly attributable to the revenues produced. This includes Industrial, Bank, Insurance and Utility companies.

Reported Total Liabilities represents the company’s as reported liabilities value within their financial report.

Reported Total Revenue represents revenue from the sale of goods and services, depending on a specific company’s industry. This includes Industrial, Bank, Insurance and Utility companies.

Reported Total Sales, General & Administrative Expense represents all of the costs of operating a business other than the costs of readying a product for sale. It reflects the company’s as reported value within their financial report.

Repurchase Agreements represents short-term liabilities on securities sold under repurchase agreements. A liability is an area of potential financial exposure or loss. Insurance companies usually receive premiums on taking policies, and actively invest the proceeds, where earnings from the investment are used for claims and loss expenses.

Repurchase/Retirement of Common represents cash outflow on the repurchase of common stock (increase in treasury stock) or the reduction of capital.

Repurchase/Retirement of Common/Preferred represents cash outflow on the repurchase or retirement of common and preferred stock.

Repurchase/Retirement of Preferred represents cash outflow from the repurchase or retirement of preferred stock.

Research & Development represents expenses for research and development of new products and services by a company in order to obtain a competitive advantage.

Research & Development Expense, Supplemental represents expenses for research and development of new products and services by a company in order to obtain a competitive advantage.

Reserves represents an estimate of liabilities that have a good probability of arising.

Restaurants represents the Restaurants industry for Balance Sheet Operating Metrics information collected by Reuters. The Restaurants Industry consists of companies engaged in the operation of restaurants, diners, taverns, pubs, nightclubs, banquet halls, fixed location snack bars, food cart vendors, food service contractors and companies engaged in commercial food service equipment wholesaling.

Restaurants represents the Restaurants industry for Income Statement Operating Metrics information collected by Reuters. This includes all the operating indicators for the Restaurants industry, reported by the company. The Restaurants Industry consists of companies engaged in the operation of restaurants, diners, taverns, pubs, nightclubs, banquet halls, fixed location snack bars, food cart vendors, food service contractors and companies engaged in commercial food service equipment wholesaling.

Restricted Cash – Current represents cash on hand that bears some kind of restriction and may not be available for operational use by the company.

Restricted Cash – Long-Term represents cash or cash equivalents that are prepared for specific purposes, subject to long-term restrictions, and not readily available for operational uses. When a company does not delineate between current and non-current assets, all restricted cash is classified as Restricted Cash – Long-Term.

Restructuring Charge represents expenses associated with the reorganization of certain functions, regrouping of divisions or closing of a facility/branch. These expenses may include the consolidation of divisions, relocation of facilities and/or employees, and employee termination costs.

Restructuring Charge is an unusual or non-recurring item related to a significant rearrangement of a company’s assets and/or liabilities. The restructuring may include discontinuing a line of business, closing plants, or making employee cutbacks. Restructuring Charge is reported as an expense before taxes.

This item refers to an unusual or non-recurring item related to a significant rearrangement of a company’s assets and/or liabilities. The restructuring may include discontinuing a line of business, closing plants, or making employee cutbacks.

Retail represents the Retail industry for Balance Sheet Operating Metrics information collected by Reuters. The Retail Industry consists of:
Department Stores companies engaged in the operation of department store chains offering a diversified product line, including auxiliary internet and mail order facilities
Discount Stores companies engaged in the operation of stores offering a diversified product line at a discount, including auxiliary internet and mail order facilities
Catalog & Internet Order companies engaged in internet and catalog retailing of single line and diversified product lines, including internet and catalog retailers with auxiliary brick and mortar stores
Apparel & Accessories companies engaged in the operation men, women and children's clothing and accessories stores, as well as retailers of handbags, footwear, leather goods, luggage, jewelry and watches.
Computer & Electronics companies engaged in the retailing of computers and peripherals, consumer electronics and other technology products- including household appliances, audio and video equipment, consumer software, digital cameras, cell phones and components and other electronic goods.
Specialty Retail companies engaged in the operation of stores and dealerships concentrated on a single product, including car and truck dealerships, auto parts, home improvement, office supplies, books, kitchen wares, house wares, garden centers, toys, sporting equipment and other focused retail operations.
Drugs companies engaged in the operation of pharmacies, including retail drug operations with auxiliary food and household good product lines.
Food Distribution & Convenience Stores companies engaged in the operation of grocery, convenience, liquor and specialty food stores.

Retail represents the Retail industry for Income Statement Operating Metrics information collected by Reuters. This includes all the operating indicators for the Retail industry, reported by the company.

Retail Sales represents the total value of sales at retail locations (physical stores) during the period.

Retained Earnings (Accumulated Deficit) represents residual earnings from operations, not distributed to shareholders. It may represent accumulated deficit when a company incurs losses over time.

The increase in value of a stock or portfolio over a specified period of time.

This value is calculated as the Income After Taxes for the most recent fiscal year divided by the Average Total Assets, expressed as a percentage. Average Total Assets is the average of the Total Assets at the beginning and the end of the year.

This value is the Income After Taxes for the most recent interim period divided by the Average Total Assets, expressed as a percentage. Average Total Assets is the average of the Total Assets at the beginning and the end of the interim period.

This value is the Income After Taxes for the trailing twelve months divided by the Average Total Assets, expressed as a percentage. Average Total Assets is calculated by adding the Total Assets for the 5 most recent quarters and dividing by 5.

The performance or return of portfolios created from an analyst's "strong buy" and "buy" recommendations, measured over periods of one, two, and three years.

This value is calculated as the Income Available to Common Stockholders for the most recent fiscal year divided by the Average Common Equity and is expressed as a percentage. Average Common Equity is the average of the Common Equity at the beginning and the end of the year.

This value is calculated as the Income Available to Common Stockholders for the most recent interim period divided by the Average Common Equity and is expressed as a percentage. This value is annualized to make it comparable with annual and TTM values. Average Common Equity is the average of the Common Equity at the beginning and the end of the interim period.

This value is the Income Available to Common Stockholders for the trailing twelve months divided by the Average Common Equity and is expressed as a percentage. Average Common Equity is calculated by adding the Common Equity for the 5 most recent quarters and dividing by 5.

This value is the annual Income After Taxes divided by the average Total Long Term Debt, Other Long Term Liabilities, and Shareholders Equity, expressed as a percentage.

This value is the most recent interim period Income After Taxes divided by the average Total Long Term Debt, Other Long Term Liabilities, and Shareholders Equity, expressed as a percentage.

This value is the trailing twelve month Income After Taxes divided by the average Total Long Term Debt, Other Long Term Liabilities and Shareholders Equity, expressed as a percentage.

Revenue is used for industrial and utility companies. It consists of revenue from the sale of merchandise, manufactured goods and services, and the distribution of regulated energy resources, depending on a specific company’s industry.

This is the sum of all revenue (sales) reported for all operating divisions.

Revenue Passengers represents the total number of paying passengers flown on all flight segments.

Revenue Passengers Kilometers (RPK) captures the total distance flown by the airline’s revenue passengers in kilometers. This is a measure of total passenger traffic for an airline.

Revenue per ASK captures the revenue earned by each available seat kilometer of an airline. It is obtained by using total revenues divided by the total available seat kilometers of an airline.

Revenue per Available Room (REVPAR), Total represents the Company level average revenue earned per available room in a given time period, as reported by the company. It is obtained using the total room revenues in a given period (net of discounts, sales taxes, and meals) divided by the number of available room in a given time period.

Revenue per Visit/ Discharge/ Case/ Scan represents the Company level average revenue earned by the hospital for each visit, discharge, case or scan, as reported by the company. It is obtained using total value billed divided by the total number of visits, discharges, cases and/or scan

This value is the Total Revenue for the most recent fiscal year divided by the Average Diluted Shares Outstanding for the same period.

This value is the Total Revenue for the most recent interim period divided by the Average Diluted Shares Outstanding for the same period.

This value is the trailing twelve month Total Revenue divided by the Average Diluted Shares Outstanding for the trailing twelve months.

The dollar amount of sales generated by a company.

Net income divided by common shares outstanding. A company that earns $1 million for the year and has a million shares outstanding has an EPS of $1. This EPS figure, which represents how much of earnings each share is entitled to, is important as the bas

Sale of Business represents cash inflow from the disposal of existing businesses.

Sale of Fixed Assets represents cash inflow from the sale of fixed assets.

Sale of Intangible Assets represents cash inflow on the sale of intangible assets.

Sale of Loans represents a decrease in loans to by a bank to its customers. These loans to customers are treated as operating assets by a bank.

Sale/Issuance of Common represents cash inflow from the issuance of common stock. It also includes cash inflow from the sale of treasury shares.

Sale/Issuance of Common/Preferred represents cash inflow from the sale or issuance of common and preferred stock.

Sale/Issuance of Preferred represents cash inflow from issuance of preferred stock.

Sale/Maturity of Investment represents cash inflow on the sale of securities or repayment of securities matured.

Sales Returns and Allowances reflects a reduction in gross sales resulting from merchandise being returned by customers or from the seller’s reduction in the original sales price -- a contra account to sales. It may consist of any merchandise returned for credit or cash refund, or a price reduction granted for damaged goods kept by the customer. Excise Tax Payments and Sales Returns and Allowances are used to adjust Gross Revenue to give a Net Sales equivalent figure.

Sector Specific investors have the majority of their assets in a single major industry category. Many times these investors are "forced" to own most if not all of the stocks in a given sector whether or not they are deemed appropriately valued. Since their portfolio exposure is linked to a single sector, their performance is usually measured against an index that is pertinent only to that industry. As such, tweaking the relative exposure to the companies that constitute a given sector will determine these firm's investment decisions.

Securities for Sale represents securities available for sale, reported according to SFAS 115, Accounting for Certain Investments in Debt and Equity Securities. Securities Available for Sale are valued at fair market value.
Securities for Sale includes:
Mortgage-backed securities, if not specified for sale or held to maturity
Investment securities, if not specified for sale or held to maturity, but not including investments in affiliates

Securities Held represents securities held to maturity, reported according to SFAS 115, Accounting for Certain Investments in Debt and Equity Securities. Securities Held mostly consists of debt securities, usually valued at amortized cost.

Securities/Indebtedness of Related Party represents securities of, or lending to, related parties, where such related parties include officers, directors, or employees, but not affiliated companies. Due to the relationship between a parent company and its affiliated companies, transactions between the two are delineated from other transactions.

Security Deposits represents security deposits received for the purpose of offsetting potential losses due to damage of either a physical or intellectual nature or for rights of usage.

An analyst recommendation to sell a stock, generally indicating that the stock should underperform other comparable stocks.

Selling Costs Ratio, Total - % represents the Company level Selling Costs Ratio, as reported by the company. It shows the percentage of total revenues that are used to complete the sales of the health plan. It is obtained using the total selling expenses incurred by the company, divided by the total premiums earned.

Selling Space, Square Meters (Gross) represents the total gross area, in square meters, of all the company’s stores at period end.

Selling Space, Square Meters (Net) represents the total net area, in square meters, of all the company’s stores at period end.

Selling, General and Administrative Costs per Member per Month, Total represents the Company level Selling, General and Administrative costs incurred per Member per Month, as reported by the company. It is obtained using SG&A costs incurred by the company, divided by the total number of member months.

Selling/General/Administrative Expense represents all of the costs of operating a business other than the costs of readying a product for sale. Individual expenses included in Selling/General/Administrative Expense may vary depending on the nature of business of a company, but they cover expenses related to selling and marketing activities, general activities that serve many different departments, and administrative activities.

Selling/General/Administrative Expenses, Total represents the sum of:
Selling/General/Administrative Expense
Labor & Related Expense
Advertising Expense.

Semiconductors/ Semiconductor Equipment represents the Semiconductors/Semiconductor Equipment industry for Balance Sheet Operating Metrics information collected by Reuters. The Semiconductors/ Semiconductor Equipment Industry consists of:
Companies engaged in the design and fabrication of high-value and commodity-type circuit boards, microcircuits, microprocessor chips, integrated circuits, memory chips, fuel and solar cells
Semiconductor Equipment & Testing companies engaged in the production of semiconductor testing equipment and semiconductor manufacturing equipment
Companies engaged in semiconductor testing services.

Separate Accounts – Assets represents assets of contra accounts for transactions on segregated funds. Segregated funds are established for an insurance company to manage certain investment assets on behalf of its clients. In managing such segregated funds, income from the funds is directly transferred to the clients and the insurance company earns commissions on managing such funds for customers.

Separate Accounts – Liability represents liabilities of contra accounts for transactions on segregated funds. Segregated funds are established for an insurance company to manage certain investment assets on behalf of its client. Insurance companies earn fees by managing such segregated funds. Pension fund management or annuity-style savings accounts offered by life insurance companies are examples of services through which insurance companies earn these fees.

Service Cost – Domestic represents the present value of pension benefits attributed to current reporting period for plans based in the company’s home country.

Service Cost – Foreign represents the present value of pension benefits attributed to current reporting period for plans based in countries other than the company’s home country.

Service Cost – Post-Retirement represents the present value of pension benefits attributed to current reporting period for Post-Retirement plans.

Identifies institutional, mutual fund, and insider ownership according to most recent, publicly available data.

Value ($MM) – The sum of holder positions. Value is calculated for each institution and mutual fund by multiplying (closing stock price at the position date) * (share position). Value is not calculated for insiders; and

%O/S (percent of outstanding shares held) – Is calculated by dividing total shares held by most recently reported total shares outstanding. May exceed 100% due to the nature and timing of public filings.

Mutual Funds – Value, %O/S, and shares held are also included in the Institutional numbers. Mutual Funds are listed on a separate line in order to distinguish mutual fund ownership from overall institutional positions.

Insider Filings – Direct beneficial ownership from most recently filed Forms 3, 4, and 5.

Identifies institutional, mutual fund, and insider ownership according to most recent, publicly available data.

Value ($MM) The sum of holder positions. Value is calculated for each institution and mutual fund by multiplying (closing stock price at the position date) * (share position).

%O/S (percent of outstanding shares held) Is calculated by dividing total shares held by most recently reported total shares outstanding. May exceed 100% due to the nature and timing of public filings.Mutual Funds Value, %O/S, and shares held are also included in the Institutional numbers. Mutual Funds are listed on a separate line in order to distinguish mutual fund ownership from overall institutional positions.
Insider Filings Direct beneficial ownership from most recently filed Forms 3, 4, and 5.

Shareholders’ Equity excluding New Stock Subscription represents the company’s as reported Shareholders’ Equity excluding New Stock Subscription value within their financial report.

Portion of equity ownership in a company.

This is the total number of shares held by all institutions (pension funds, mutual funds, etc.) that report their holdings to the SEC in millions.

- The number of shares issued by a company, net of any shares repurchased by the company.

This is the number of shares of common stock currently outstanding. This number is defined as the number of shares issued minus the shares held in treasury.

Shares Outstanding – Common Issue 2 represents the total number of shares outstanding of a second class (determined by trading value) of a company’s common stock. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Common Issue 3 represents the total number of shares outstanding of a third class (determined by trading value) of a company’s common stock. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Common Issue 4 represents the total number of shares outstanding of a fourth class (determined by trading value) of a company’s common stock. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Preferred Stock Primary Issue represents the number of preferred shares outstanding. When a company has more than one type of preferred stock outstanding, the preferred stock that is most actively traded and into which other preferred shares may be converted, is chosen as the primary issue and classified as Shares Outstanding – Preferred Stock Primary Issue. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Preferred Issue 2 represents the number of preferred shares outstanding of the second class of stock when a company has more than one type of preferred stock outstanding. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Preferred Issue 3 represents the number of preferred shares outstanding of the third class of stock when a company has more than one type of preferred stock outstanding. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Preferred Issue 4 represents the number of preferred shares outstanding of the fourth class of stock when a company has more than one type of preferred stock outstanding. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Preferred Issue 5 represents the number of preferred shares outstanding of the fifth class of stock when a company has more than one type of preferred stock outstanding. The description will match the reporting terminology used by the reporting company.

Shares Outstanding – Preferred Issue 6 represents the number of preferred shares outstanding of the sixth class of stock when a company has more than one type of preferred stock outstanding. The description will match the reporting terminology used by the reporting company.