Modified ROIC

Example Definitions of "Modified ROIC"
Modified ROIC. Shall be calculated as follows: (a) the sum of the Company's reported net income for the fiscal year plus pre-tax interest expense for such fiscal year; divided by (b) the sum of the Company's market capitalization as of December 31, 2010 (equal to the product of the 60-day trailing average price of the Company's common stock as of December 31, 2010, multiplied by the total number of shares of the Company's common stock outstanding as of December 31, 2010), plus the book value of the Company's... long-term debt as of December 31, 2010 View More
All Definitions