Archon (Archon) Retained Earnings : $-7.40 Mil (As of Dec. 2010)

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What is Archon Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Archon's retained earnings for the quarter that ended in Dec. 2010 was $-7.40 Mil.

Archon's quarterly retained earnings increased from Jun. 2010 ($-7.85 Mil) to Sep. 2010 ($-7.51 Mil) and increased from Sep. 2010 ($-7.51 Mil) to Dec. 2010 ($-7.40 Mil).

Archon's annual retained earnings declined from Sep. 2008 ($-7.20 Mil) to Sep. 2009 ($-8.74 Mil) but then increased from Sep. 2009 ($-8.74 Mil) to Sep. 2010 ($-7.51 Mil).

Archon Retained Earnings Historical Data

The historical data trend for Archon's Retained Earnings 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.

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Archon Retained Earnings Chart

Archon Annual Data

Trend

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Retained Earnings

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-51.10

-63.51

-7.20

-8.74

-7.51

Archon Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Retained Earnings	Get a 7-Day Free Trial															-8.37	-7.99	-7.85	-7.51	-7.40

Archon Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Archon (OTCPK:ARHN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Archon (Archon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Archon Corp (OTCPK:ARHN) » Definitions » Retained Earnings

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Address

2200 Casino Drive, Laughlin, NV, USA, 89029

Website

http://www.pioneerlaughlin.com

Archon Corp is a United States based company focused on operating the Pioneer Hotel & Gambling Hall in Laughlin through its wholly-owned subsidiary. It is engaged in operating hotel and casino activities. In addition, the company also owns real estates and investment properties.

Executives

Richard J Taggart	director	VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
D. E. Shaw & Co, L.p.	10 percent owner, other: See footnotes 1 and 2.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
David E Shaw	10 percent owner, other: See footnotes 1 and 2.	120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c.	10 percent owner, other: See footnotes 1 and 2.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw Laminar Portfolios, L.l.c.	10 percent owner, other: See footnotes 1 and 2.	120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036

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