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Micron Technology Inc (NAS:MU)
Non-Recurring Items
$-25 Mil (TTM As of Aug. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Micron Technology Inc's non-recurring items for the three months ended in Aug. 2014 was $198 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Aug. 2014 was $-25 Mil.

As of today, Micron Technology Inc's share price is $35.62. Micron Technology Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Aug. 2014 was $2.55. Therefore, Micron Technology Inc's P/E (NRI) ratio for today is 13.97.


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.

Micron Technology Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Aug. 2014 was -80 (Nov. 2013 ) + -122 (Feb. 2014 ) + -21 (May. 2014 ) + 198 (Aug. 2014 ) = $-25 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.

Micron Technology Inc's P/E (NRI) Ratio for today is calculated as

Micron Technology Inc's Share Price of today is $35.62.
Micron Technology Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Aug. 2014 was 0.3 (Nov. 2013 ) + 0.61 (Feb. 2014 ) + 0.68 (May. 2014 ) + 0.96 (Aug. 2014 ) = $2.55.

* 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.

Micron Technology Inc Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
Non Operating Income -427385-13-16491-103291,266-25

Micron Technology Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Non Operating Income -25-59-159-451,529-80-122-21198
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