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Spirit Airlines Inc (NAS:SAVE)
Non-Recurring Items
$-3 Mil (TTM As of Mar. 2015)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Spirit Airlines Inc's non-recurring items for the three months ended in Mar. 2015 was $-0 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2015 was $-3 Mil.

As of today, Spirit Airlines Inc's share price is $60.96. Spirit Airlines Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2015 was $3.49. Therefore, Spirit Airlines Inc's P/E (NRI) ratio for today is 17.47.


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.

Spirit Airlines Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2015 was -1.439 (Jun. 2014 ) + -0.081 (Sep. 2014 ) + -1.048 (Dec. 2014 ) + -0.072 (Mar. 2015 ) = $-3 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.

Spirit Airlines Inc's P/E (NRI) Ratio for today is calculated as

Spirit Airlines Inc's Share Price of today is $60.96.
Spirit Airlines Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2015 was 0.88 (Jun. 2014 ) + 0.91 (Sep. 2014 ) + 0.76 (Dec. 2014 ) + 0.94 (Mar. 2015 ) = $3.49.

* 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.

Spirit Airlines Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Non Operating Income 000-5419-0-0-0-0-3

Spirit Airlines Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Non Operating Income -0-0-0-0-0-0-1-0-1-0
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