Return on Invested Capital Average

Example Definitions of "Return on Invested Capital Average"
Return on Invested Capital Average. For the Performance Period shall mean the Company's return on invested capital for the Performance Period, expressed as an average annual percentage (to the third decimal point), equal to (i) the sum of the Company's Return on Invested Capital for [Year 1], [Year 2] and [Year 3], (ii) divided by three. The Company's Return on Invested Capital Average shall be determined in accordance with accounting principles generally accepted in the United States and shall exclude the impact of non-cash... impairment charges, early lease termination charges and other special, non-recurring items reflected in the Company's financial statements for the Performance Period. View More
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