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Benguet said fluctuations in noncash revaluation adjustments decreased but said the situation was “still commendable given the current economic volatility due to pandemic hangover.”
Source: https://business.inquirer.net/394757/benguet-earnings-dip-on-noncash-revaluations
Sequentially from last quarter, total operating expenses declined by about $3.2 million excluding noncash stock-based comp and other noncash expenses.
Sequentially from last quarter, total operating expenses declined by about $3.2 million excluding noncash stock-based comp and other noncash expenses.
There was a noncash benefit of $8 million this quarter attributed to the mark-to-market of interest rate hedge the company entered into ahead of financial close process at Aristo.
The supplemental poverty measure includes both cash and noncash benefits and subtracts necessary expenses such as taxes and medical expenses.
The supplement in the appendix shows like you said, the component of services revenue or total revenue that is noncash.
This is inclusive of all types of revenue, but our profit share, royalty, cash or noncash.
We anticipate net interest expense for the year to be about $28 million to $30 million, including noncash amortization expense related to the deferred financing fees.
We calculate the non-GAAP adjustment by subtracting the noncash lease expenses during the quarter for our new offices, which are currently under construction from our total lease expense.