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Air T Inc (NAS:AIRT)
Non-Recurring Items
$-1.0 Mil (TTM As of Jun. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Air T Inc's non-recurring items for the three months ended in Jun. 2016 was $-1.2 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2016 was $-1.0 Mil.

As of today, Air T Inc's share price is $20.83. Air T Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2016 was $0.81. Therefore, Air T Inc's P/E (NRI) ratio for today is 25.72.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Air T Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Jun. 2016 was 0 (Sep. 2015 ) + 0.004 (Dec. 2015 ) + 0.198 (Mar. 2016 ) + -1.224 (Jun. 2016 ) = $-1.0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Air T Inc's P/E (NRI) Ratio for today is calculated as

Air T Inc's Share Price of today is $20.83.
Air T Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2016 was 1.58 (Sep. 2015 ) + 1.24 (Dec. 2015 ) + -0.46 (Mar. 2016 ) + -1.55 (Jun. 2016 ) = $0.81.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air T Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Non Operating Income 0.30.30.40.00.00.00.00.0-0.00.2

Air T Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Non Operating Income 0.00.00.00.0-0.0-0.00.00.00.2-1.2
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