EBT

EBT. Means earnings before taxes.

EBT. Means the consolidated net income (or loss) of the Company and its subsidiaries, excluding (to the extent net income is reduced or increased or net loss is increased or reduced thereby), without duplication, (a) provisions for taxes based on income, (b) extraordinary gains or losses, (c) gains or losses on the sale or disposal of assets other than in the ordinary course, (d) the cumulative effect of any changes in accounting principles, (e) the granting or modification of options under option... (and similar) plans (other than legal and other costs incurred in connection with the establishment and administration of such plan), and (f) any Windward related expenses, in each case as shown on the Company's unaudited (or audited, with respect to any four fiscal quarters for which audited statements are otherwise available) consolidated financial statements for the four fiscal quarters of the Company ending immediately prior to the particular date on which the EBT calculation is being made, in each case calculated in accordance with GAAP. View More

EBT. The operating earnings of the Company for such fiscal year as reported in the Company's publicly filed financial statements.