EBIT

EBIT. Means operating income before interest expense, taxes, corporate overhead expense, extraordinary items, adjusted for the add back of lease expense, less proforma depreciation expense. The three year total EBIT shall be the sum of Lease Adjusted EBIT for each fiscal year of the three year cycle.

EBIT. Means earnings determined in accordance with GAAP before interest and taxes and consistent with the Ordinary Course prior to the Commencement Date.

EBIT. Means earnings before interest and taxes, as calculated in accordance with generally accepted accounting principles.

EBIT. For any Year means the consolidated earnings before income taxes of the Company, as reported in the consolidated financial statements of the Company for the Year.

EBIT. The Company's earnings from continuing operations before interest and taxes for the Award Period, as calculated by the Company in its sole and complete discretion.

EBIT. Shall mean, for any period, (a) the sum for such period of: (i) Net Income, plus (ii) Interest Charges, plus (iii) provisions for federal, state and foreign income tax (including the Illinois replacement tax, but excluding federal, state and foreign income tax benefits), plus (v) non-cash stock option/restricted stock charges (equity compensation), minus (b) income or loss attributable to equity in any... non-consolidated affiliate or subsidiary, in each case to the extent included in determining Net Income for such period. View More

EBIT. Income before income taxes plus interest expense as set forth on the audited annual financial statements of the Company and, when appropriate to the calculations, the internally generated financial statements for each month and quarter of the fiscal year, prepared in accordance with generally accepted accounting principles.

EBIT. The earnings before interest and taxes for the Company for each twelve-month period beginning on July 1 and ending on June 30 or such other period specified in the applicable Employment Agreement.

EBIT. For any period, Net Income of the Company for such period plus all amounts deducted in determining such Net Income of the Company on account of interest expense and taxes based on or measured by income of the Company, exclusive of extraordinary and non-recurring items, all as determined for the Company in accordance with generally accepted accounting principles, consistently applied.

EBIT. Sum of Operating Revenue, less Operating Costs and Expenses, less Selling, General and Administrative Costs and Expenses, less Depreciation and Amortization Costs and Expenses.