Nortek (Nortek) Other Operating Expense : $73 Mil (TTM As of Jun. 2016)

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What is Nortek Other Operating Expense?

Nortek's Other Operating Expense for the three months ended in Jun. 2016 was $18 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2016 was $73 Mil.

Nortek's quarterly Other Operating Expense declined from Dec. 2015 ($19 Mil) to Mar. 2016 ($17 Mil) but then increased from Mar. 2016 ($17 Mil) to Jun. 2016 ($18 Mil).

Nortek's annual Other Operating Expense increased from Dec. 2013 ($56 Mil) to Dec. 2014 ($140 Mil) but then declined from Dec. 2014 ($140 Mil) to Dec. 2015 ($72 Mil).

Nortek Other Operating Expense Historical Data

The historical data trend for Nortek's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nortek Other Operating Expense Chart

Nortek Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Other Operating Expense

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44.80

44.30

55.60

140.40

71.80

Nortek Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Other Operating Expense	Get a 7-Day Free Trial															16.10	20.00	18.70	17.10	17.50

Nortek Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $73 Mil.

Nortek Other Operating Expense Related Terms

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Nortek (Nortek) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Nortek Inc (NAS:NTK) » Definitions » Other Operating Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.nortekinc.com

Nortek Inc was incorporated in Delaware. The Company and its wholly-owned subsidiaries are diversified manufacturers of innovative, branded residential and commercial building products. The Company operates within five reporting segments: the Residential Ventilation ("RESV") segment, the Technology Solutions ("TECH") segment, the Display Mount Solutions ("DMS") segment, the Residential Heating and Cooling ("RHC") segment, and the Custom & Engineered Solutions ("CES") segment. The Company manufactures and sells, primarily in the United States, Canada and Europe. The Company's Residential Ventilation Products segment manufactures and distributes room and whole house ventilation products and other products for the professional remodeling and replacement markets, residential new construction market and DIY market. The principal products of the segment, which are sold under the Broan, NuTone, Venmar, Best and Zephyr brand names, among others, are kitchen range hoods, exhaust fans (such as bath fans and fan, heater and light combination units), and indoor air quality products (such as air exchangers and heat or energy recovery ventilators). The Company's TECH segment manufactures and distributes a broad array of products designed to provide convenience and security for residential and certain commercial applications. The Company's DMS segment manufactures and distributes a broad array of innovative products designed with ergonomic features including wall mounts, carts, arms, desk mounts, workstations, and stands that attach to or support a variety of display devices such as notebook computers, computer monitors, and flat panel displays. The RHC segment principally manufactures and sells split-system and packaged air conditioners and heat pumps, air handlers, furnaces and related equipment, accessories, and parts for the residential replacement and new construction markets, as well as for certain commercial markets. The CES segment manufactures and sells custom-designed and engineered HVAC products and systems, primarily in North America, for non-residential applications that include healthcare and educational facilities, commercial buildings, manufacturing facilities, clean rooms, data centers, and government buildings. The Company is subject to numerous federal, state, local and foreign laws and regulations.

Executives

James B Hirshorn	director	C/O NORTEK, INC., 500 EXCHANGE STREET, PROVIDENCE RI 02903
Jeffrey Lee Mueller	officer: Group President, AQH	GENERAC POWER SYSTEMS, INC., S45 W29290 HWY. 59, WAUKESHA WI 53189
John T Coleman	director	C/O ROSETTA STONE 1919 NORTH LYNN STREET 7TH FLOOR ARLINGTON VA 22209
J David Smith	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Donald W. Reilly	officer: VP, Corp. Controller and CAO	C/O KVH INDUSTRIES, INC., 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Michael Joseph Clarke	director, officer: President and CEO	C/O NORTEK, INC., 500 EXCHANGE STREET, PROVIDENCE RI 02903
Joseph Anthony Arcuri	director	C/O NEWELL RUBBERMAID INC., 3 GLENLAKE PARKWAY, ATLANTA GA 30328
Bennett Rosenthal	director	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Chris Mcwilton	director	MASTERCARD INTERNATIONAL, 2000 PURCHASE STREET, PURCHASE NY 10577-2509
Ares Partners Holdco Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdings Inc.	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Holdings L.p.	10 percent owner	2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Ares Management Corp	10 percent owner	2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Acof Operating Manager Iii Llc	10 percent owner	C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067

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