Switch to:
Torchmark Corp (NYSE:TMK)
Non-Recurring Items
$2 Mil (TTM As of Jun. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Torchmark Corp's non-recurring items for the three months ended in Jun. 2014 was $1 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2014 was $2 Mil.

As of today, Torchmark Corp's share price is $53.23. Torchmark Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2014 was $3.95. Therefore, Torchmark Corp's P/E (NRI) ratio for today is 13.48.


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.

Torchmark Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Jun. 2014 was 0.676 (Sep. 2013 ) + 0.174 (Dec. 2013 ) + 0.481 (Mar. 2014 ) + 0.663 (Jun. 2014 ) = $2 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.

Torchmark Corp's P/E (NRI) Ratio for today is calculated as

Torchmark Corp's Share Price of today is $53.23.
Torchmark Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2014 was 0.95 (Sep. 2013 ) + 1.04 (Dec. 2013 ) + 0.98 (Mar. 2014 ) + 0.98 (Jun. 2014 ) = $3.95.

* 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.

Torchmark Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income 1,646141885232222

Torchmark Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Non Operating Income 0010011001
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK