Return On Invested Capital

Example Definitions of "Return On Invested Capital"
Return On Invested Capital. Means net operating profit after tax (income from continuing operations (adjusted for integration costs and expenses) before income taxes, plus interest expense, plus amortization, less taxes calculated at the annual effective tax rate) divided by average invested capital (total assets less cash less assets of discontinued operations less deferred tax assets less accounts payable and accrued expenses less other non-current liabilities) measured at the end of the fiscal year.
Found in DEL MONTE FOODS CO contract
Return On Invested Capital. Means net operating profit after tax (income from continuing operations (adjusted for integration costs and certain other expenses) before income taxes, plus interest expense, plus amortization, less taxes calculated at the annual effective tax rate) divided by average invested capital (total assets less cash less assets of discontinued operations less deferred tax assets less accounts payable and accrued expenses less other non-current liabilities) liabilities; calculated for the current year... and prior year, added together and divided by 2) measured at the end of the fiscal year. View More Arrow
Found in DEL MONTE FOODS CO contract
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Return On Invested Capital. Shall mean average annual NOPAT for the Measurement Period divided by the Average Invested Capital for the four annual periods beginning from the last day of the prior fiscal year through the last day of the Measurement Period. NOPAT shall mean earnings from operations plus earnings (loss) from unconsolidated affiliates less cash paid during the period for income taxes. Average Invested Capital shall mean the average balance of revolving notes plus notes payable plus total equity less cash in... excess of $_________. Each of the metrics in this definition shall be adjusted for Extraordinary Items in the discretion of the Committee. View More Arrow
Found in The Greenbrier Companies, Inc. contract
Return On Invested Capital. Shall mean average Average annual NOPAT for the Measurement Period divided by the Average Invested Capital for the four annual periods beginning from the last day of the prior fiscal year through the last day of the Measurement Period. NOPAT shall mean earnings from operations plus earnings (loss) from unconsolidated affiliates less cash paid during the period for income taxes. Average Invested Capital shall mean the average balance of revolving notes plus notes payable plus total equity less... cash in excess of $_________. $_______ million. Each of the metrics in this definition shall be adjusted for Extraordinary Items special and non-recurring items listed in the Company's Umbrella Performance Based Plan for Executive Officers in the discretion of the Committee. View More Arrow
Found in The Greenbrier Companies, Inc. contract
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Return On Invested Capital. Or "ROIC" is defined on Annex B attached hereto;
Found in HEXCEL CORP contract
Return On Invested Capital. - The Company's tax-effected earnings before interest and taxes (EBIT) divided by invested capital (where "invested capital" equals total debt plus equity less cash), in each case after adjustments, as determined by the Committee, to be necessary or appropriate to ensure comparability of this Growth Goal from year to year for the purposes of the Plan.
Found in GILLETTE CO contract
Return On Invested Capital. The Return on Invested Capital for the Company is expressed as a percentage and is computed by dividing the Company's net after-tax earnings, as it may be adjusted pursuant to Section 2, for the Plan Year by the Company's Total Invested Capital for the Plan Year, as it may be adjusted pursuant to Section 2.
Found in Sysco Corp. contract
Return On Invested Capital. NOPAT รท Invested Capital
Found in Red Robin Gourmet Burgers, Inc. contract
Return On Invested Capital. Shall, subject to Committee certification in Section 4.1, mean a company's Net Operating Profit After Tax (NOPAT) divided by its Average Net Invested Capital. A determination of ROIC in each case shall be computed in accordance with generally accepted accounting principles.
Found in H.B. Fuller Company contract
Return On Invested Capital. Means FIFO Net Earnings before interest expense divided by the sum of commercial paper, notes payable (excluding any parent company guarantee), current maturities of long-term debt and stockholders equity.
Found in Commercial Metals Company contract
Return On Invested Capital. For any calendar year shall mean the percentage determined by dividing (i) the Company's Adjusted Operating Income for such calendar year, by (ii) the Company's Average Invested Capital for such calendar year, 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 such calendar... year. In the event of a Change in Control prior to December 31, [Year 3], the Company's Return on Invested Capital for the calendar year in which such Change in Control occurs shall be determined based on the Average Invested Capital for such year calculated using the date of such Change in Control in lieu of December 31 of such year for purposes of such calculations. View More Arrow
Found in SkyWest, Inc. contract
Return On Invested Capital. Or ROIC is defined on Annex B attached hereto
Found in HEXCEL CORP contract
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