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    News and Articles on Intangible Assets

    Archives: Intangible Assets

    StockerYale Reports Third-Quarter 2009 Financial Results  Nov 20, 2009
    Consolidated Statements of Operations ($ In thousands except share and per share data) Three Months Ended September 30, 2009 2008 ---------- ---------- Net Sales $ 2,347 $ 3,723 Cost of Sales 1,628 2,378 ---------- ---------- Gross Profit 719 1,345 ---------- ---------- Research & Development Expenses 155 136 Selling, General & Administrative Expenses 1,329 2,389 Amortization of Intangible Assets 198 228 ---------- ---------- Operating Loss (963) (1,408) ---------- ---------- Interest & Other... (Primezone Releases)

    Wells Fargo Needs TARP Money More Than It Admits  Nov 19, 2009
    Tangible common also excludes intangible assets such as , which is a bookkeeping entry left over from past acquisition sprees, and mortgage-servicing rights, which represent the estimated value of future income from collecting and processing loan payments ... Naturally, Wells prefers that we look at the governments more-forgiving capital benchmarks, which generally ignore fair- value numbers for loans and also let banks count some of their intangible assets. (Bloomberg -- Columnists)

    Sterling Shoes Income Fund (TSX:SSI.UN): Fund Announces Third Quarter 2009 Results  Nov 17, 2009
    The Fund undertook a detailed analysis in its determination of the fair value of its intangible assets ... 30, 2009 31, 2008 -------------------------------------------------------------- ---------- ASSETS CURRENT Cash $ - $ - Accounts receivable 649 885 Inventory 43,005 39,892 Prepaid expenses and deposits 400 484 -------------------------------------------------------------- ---------- 44,054 41,261 LEASEHOLDS AND EQUIPMENT 20,479 19,996 GOODWILL - 828 INTANGIBLE ASSETS 16,623 49,041... (CCNMatthews Press Releases)

    Spreadtrum Communications, Inc. Announces Third Quarter 2009 Results  Nov 17, 2009
    Spreadtrum Communications, Inc. Condensed Consolidated Balance Sheets (in thousands of US dollars) As of March 31, June 30, September 2009 2009 30, 2009 (unaudited) (unaudited) (unaudited) Cash and cash equivalents $52,163 $50,553 $47,832 Restricted cash -- -- $5,741 Short term deposits $5,189 $1,463 $7,322 Notes receivable -- $117 $1,356 Accounts receivable, net $4,744 $5,769 $9,591 Inventories $11,990 $9,551 $20,562 Deferred tax assets $2,115 $2,084 $2,085 Prepaid expenses and other current... (Yahoo! Wire -- Entertainment News)

    Verisk Analytics, Inc. Reports Third-Quarter 2009 Financial Results  Nov 17, 2009
    Table 5 Three Months Ended Nine Months Ended September 30, September 30, -------------------------------------- 2009 2008 2009 2008 -------------------------------------- (In thousands) Net income $ 42,205 $ 40,840 $133,059 $121,789 Depreciation and amortization of fixed and intangible assets 17,633 16,095 53,520 47,456 Investment income and realized (gains)/losses on securities, net (53) (2) 220 (319) Interest expense 9,449 8,393 26,126 22,566 Provision for income taxes 33,194 28,493 100,444... (Primezone Releases)

    North Carolina  Nov 16, 2009
    Rental and leasing services and lessors of intangible assets: 439. Professional and technical services: 4,319. (CBS News -- US)

    Rainmaker Reports Results for the Three and Nine Months Ended September 30, 2009  Nov 14, 2009
    All amounts are in 000's of dollars, except per share / unit figures Three months ended Nine months ended September 30, September 30, 2009 2008 2009 2008 ------ ------ ------ ------ Note 1 Note 1 Revenue Rainmaker Entertainment - Animation 3,070 7,036 10,580 23,016 EP Canada - Payroll processing (Note 1) - 2,535 - 5,535 Canada Film Capital - Tax credit services (Note 1) - 415 - 1,318 --------------------------------------------------------------------------- 3,070 9,986 10,580 29,869... (CCNMatthews Press Releases)

    XS Cargo Income Fund Reports 2009 Third Quarter Results  Nov 14, 2009
    EBITDA is calculated as Net Earnings (loss) plus non-controlling interest, plus future income tax expense, plus impairment of goodwill, plus impairment of intangible assets, plus interest on term, subordinated and operating loans, plus amortization of intangible assets and amortization of property and equipment ... Earnings from operations have been derived by adding interest expense, amortization of property and equipment and intangible assets, future income taxes, impairment of goodwill and... (CCNMatthews Press Releases)

    Counsel Corporation Announces 2009 Third Quarter Results  Nov 14, 2009
    Counsel Corporation Consolidated Balance Sheets (in thousands of Cdn Dollars) (Unaudited) September 30, December 31, 2009 2008 $ $ -------------------------- Assets Current assets Cash and cash equivalents 6,642 16,813 Short-term investments 2,103 2,879 Accounts receivable (net of allowance for doubtful accounts of $1,048; 2008 - $23) 4,409 5,001 Inventories 6,607 1,847 Prepaid expenses and deposits 2,329 1,872 Future income tax assets 489 1,084 Assets of discontinued operations 1,155 1,887... (CCNMatthews Press Releases)

    CORRECTING and REPLACING -- TMNG Global Reports 2009 Third Quarter Results  Nov 13, 2009
    28) ======== ======== ======== ======== Weighted average shares used in calculation of net loss per basic and diluted common share 35,074 34,706 34,872 35,700 ======== ======== ======== ======== THE MANAGEMENT NETWORK GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (unaudited) Oct. 3, Jan. 3, 2009 2009 -------- -------- ASSETS CURRENT ASSETS: Cash and cash equivalents $ 7,293 $ 5,956 Short-term investments 7,392 Receivables: Accounts receivable 10,540 8,247 Accounts receivable... (Primezone Releases)

    Bankers Petroleum announces third quarter financial and operational results  Nov 13, 2009
    Horizontal Drilling Update. CALGARY, November 13, 2009 /CNW/ - Bankers Petroleum Ltd. ('Bankers' or the 'Company') (TSX: BNK, AIM: BNK) is pleased to announce its financial and operating results for the period ended September 30, 2009. (Canada Newswire)

    Globe Specialty Metals Announces First Quarter Fiscal 2010 Results  Nov 13, 2009
    GLOBE SPECIALTY METALS, INC. AND SUBSIDIARY COMPANIES Condensed Consolidated Balance Sheets (In thousands) Sept. 30, June 30, 2009 2009 --------- --------- (Unaudited) Assets Current assets: Cash and cash equivalents $ 114,020 61,876 Accounts receivable, net of allowance for doubtful accounts 38,513 24,094 Inventories 57,283 67,394 Prepaid expenses and other current assets 19,996 24,675 --------- --------- Total current assets 229,812 178,039 Property, plant, and equipment, net 215,353 217,507... (Primezone Releases)

    IIJ Announces First Six Months Financial Results for the Fiscal Year Ending March 31, 2010  Nov 13, 2009
    3% YoY) largely due to the increase in disposal of intangible assets ... As of September 30, 2009, the balance of non-amortized intangible assets (excluding telephone rights) such as goodwill was JPY5,393 million and the balance of amortized intangible assets were JPY250 million ... The breakdown of non-amortized intangible assets were JPY2,639 million in goodwill, JPY2,562 million in customer relationships and JPY192 million in trademark. (Primezone Releases)

    Turbo Power Systems Inc. (TPS) Announces Results for the Third Quarter and Nine Months Ended 30 September 2009  Nov 13, 2009
    Section 3064 Goodwill and Intangible Assets. In February 2008 the CICA issued Handbook Section 3064 Goodwill and Intangible Assets, effective for interim and annual financial statements relating to fiscal years beginning on or after October 1 2008 ... Section 3064, which replaces Section 3062 Goodwill and Other Intangible Assets, and Section 3450 Research and Development Costs, establishes standards for the recognition, measurement and disclosure of goodwill and intangible assets. (CCNMatthews Press Releases)

    Estate questions arise over digital assets  Nov 13, 2009
    Until now, estate planning has primarily focused on tangible assets, including property such as real estate, cars and jewelry; and intangible assets, such as stocks and bonds. In some exceptional cases, artists and musicians are faced with issues involving copyright, trademark or patent law. (Pittsburgh Post-Gazette, PA)

    NuVista Energy Ltd.: Third Quarter Interim Report  Nov 13, 2009
    (a) Goodwill and intangible assets - Effective January 1, 2009, NuVista adopted Section 3064, Goodwill and Intangible Assets issued by the Canadian Institute of Chartered Accountants ("CICA"). Section 3064 establishes standards for the recognition, measurement, presentation and disclosure of goodwill and intangible assets subsequent to its initial recognition ... Goodwill and intangible assets. (CCNMatthews Press Releases)

    Xtreme Coil Achieves Record Third Quarter EBITDA and Operating Days and Provides Update  Nov 13, 2009
    Xtreme Coil Drilling Corp. Consolidated Balance Sheets (in thousands) (unaudited) 2009 Sep 30 2008 Dec 31 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Assets Current assets Cash and cash equivalents $ 20,509 $ 2,010 Accounts receivable (Notes 4 and 12) 29,091 27,291 Other receivables (Note 5) 8,135 7,966 Prepaid expenses 2,442 1,218 Inventory (Note 6) 2,515 1,045... (CCNMatthews Press Releases)

    NTN Buzztime, Inc. Announces Third Quarter Results  Nov 13, 2009
    This increase is primarily due to the amortization of the intangible assets acquired from Instant Access Media in May 2009 ... This increase is primarily due to the amortization of the intangible assets acquired from Instant Access Media in May 2009 ... NTN BUZZTIME, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (Unaudited) (In thousands, except share data) September December 30, 31, 2009 2008 ------ ------ ASSETS Current assets: Cash and cash equivalents $3,217 $3,362 Accounts... (Yahoo! Wire -- Entertainment News)

    Coastal Banking Company Reports Third Quarter 2009 Earnings  Nov 13, 2009
    Amortization of intangible assets. 34,440. (Primezone Releases)

    XSEL Announces Financial Results for the Third Quarter 2009  Nov 12, 2009
    Adjusted gross profit (non-GAAP), defined as gross profit before amortization of intangible assets from acquisitions, for the third quarter of 2009 was $10 ... We provide the adjusted gross profit metric to break out the amortization of intangible assets from acquisitions charged within the cost of revenue ... 2 Amortization of intangible assets from acquisitions(1) -- 1. (Yahoo! Wire -- Entertainment News)

    Evotec Third Quarter Financial Results: Growth of Business and Restructuring Impact Lead the Path to Sustainability  Nov 12, 2009
    4 --------------------------------------------------------------------- Amortization of intangible assets and impairment 6,924 476 -- --------------------------------------------------------------------- Restructuring expenses 4,654 132 -- --------------------------------------------------------------------- Other operating income 3,485 1,868 86 ... 5) --------------------------------------------------------------------- Amortization of intangible assets and impairment 113 79 43. (Primezone Releases)

    Belo offers notes to pay down credit line  Nov 12, 2009
    The company s third-quarter results also include a non-cash impairment charge of $242 million, which was tied to intangible assets. Most Read Stories. (Dallas Business Journal, TX)

    Euro Disney S.C.A. Reports Fiscal Year 2009 Results  Nov 12, 2009
    3 Intangible assets 54 ... 2 Capital expenditures for tangible and intangible assets (71. (Yahoo! Wire -- Entertainment News)

    Destiny Resource Services Corp. Announces Q3'09 Results  Nov 12, 2009
    In February 2008, the Canadian Institute of Chartered Accountants ("CICA") issued Section 3064 "Goodwill and Intangible Assets", replacing Section 3062 "Goodwill and Other Intangible Assets" ... This new guidance requires recognizing all goodwill and intangible assets in accordance with CICA Section 1000, "Financial Statement Concepts" ... Section 3064 establishes standards for the recognition, measurement, presentation and disclosure of goodwill and intangible assets subsequent to its initial... (CCNMatthews Press Releases)

    Norex Reports Improved Third Quarter Results  Nov 12, 2009
    5% ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- NOREX EXPLORATION SERVICES INC. Consolidated Balance Sheets As at September 30, 2009 and December 31, 2008 (in thousands of dollars) (unaudited) ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- September 30 December 31 2009 2008... (CCNMatthews Press Releases)

    Divestco Reports 2009 Q3 Results  Nov 11, 2009
    78 -26% ---------------------------------------------------------------------------- Shares Outstanding 41,958 41,810 0% 41,958 41,810 0% Weighted Average Shares Outstanding Basic 41,958 41,820 0% 41,958 41,740 1% Diluted 41,958 41,820 0% 41,958 41,740 1% ---------------------------------------------------------------------------- Cash EBITDA $ 5,903 $ 6,128 -4% $19,005 $22,583 -16% ---------------------------------------------------------------------------- Segment Review Summary... (CCNMatthews Press Releases)

    Essential Energy Services Trust Announces Third Quarter 2009 Results and Elimination of the Distribution  Nov 11, 2009
    ESSENTIAL ENERGY SERVICES TRUST CONSOLIDATED BALANCE SHEETS (unaudited) As at As at September 30, December 31, (Thousands) 2009 2008 ---------------------------------------------------------------------------- Assets Current assets Accounts receivable $ 17,502 $ 33,140 Inventory 8,811 8,570 Prepaid expenses and deposits 1,951 2,650 ---------------------------------------------------------------------------- 28,264 44,360 Property and equipment 130,051 142,464 Assets held for sale 1,215 -... (CCNMatthews Press Releases)

    China Digital TV Announces Unaudited Third Quarter 2009 Results  Nov 11, 2009
    Non-GAAP net income attributable to China Digital TV, defined as net income excluding certain non-cash expenses, i.e., share-based compensation expenses and amortization of acquired intangible assets relating to business acquisitions, in the third quarter of 2009 was US$5 ... 14 Weighted average shares used in computation: Basic ordinary shares 57,941,513 57,616,550 57,643,602 Diluted ordinary shares 58,724,875 58,466,825 60,627,807 China Digital TV Holding Co., Ltd. Unaudited Condensed... (Yahoo! Wire -- Entertainment News)

    Motorcycle maker American IronHorse puts intellectual property up for sale  Nov 11, 2009
    advisory firm that specializes in selling intangible assets. No set dollar amount has been set for how much the intellectual-property sale may raise, according to Margaret Birlem, a partner at Streambank. (Dallas Business Journal, TX)

    Lionsgate Reports Net Income of $31.7 Million and Adjusted EBITDA of $54.4 Million for Second Quarter of Fiscal 2010 Compared to Net Loss of $51.8 Million and Adjusted EBITDA of Negative $35.9 Million in Prior Year's Second Quarter  Nov 10, 2009
    LIONS GATE ENTERTAINMENT CORP. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET September 30, March 31, 2009 2009 ------------- --------- (Amounts in thousands, except share amounts) ASSETS Cash and cash equivalents $112,652 $138,475 Restricted cash 9,896 10,056 Restricted investments 6,999 6,987 Accounts receivable, net of reserve for returns and allowances of $89,645 (March 31, 2009 - $98,947) and provision for doubtful accounts of $8,667 (March 31, 2009 - $9,847) 231,975 227,010 Investment in... (Yahoo! Wire -- Entertainment News)

    EA Reports Record Q2 Non-GAAP Net Revenue of $1.15 Billion  Nov 10, 2009
    $55 million of amortization of intangible assets ... 25, due primarily to acquisition-related tax expenses, deferred revenue adjustments, additional stock-based compensation, and amortization of intangible assets ... Because the purchase price for an acquisition necessarily reflects the accounting value assigned to intangible assets (including acquired in-process technology and goodwill), when analyzing the operating performance of an acquisition in subsequent periods, the Companys management... (Yahoo! Wire -- Entertainment News)

    Westwood One, Inc. Reports Results for the Third Quarter 2009  Nov 10, 2009
    Successor Company Predecessor Company Combined Total ================= =================== ============== For the For the For the Period Period Nine months ended April 24, 2009 to January 1, 2009 to September 30, 2009 September 30, 2009 April 23, 2009 -------- -------- -------- NET REVENUE $136,518 $111,474 $247,992 -------- -------- -------- Operating Costs 127,039 111,580 238,619 Depreciation and Amortization 13,909 2,585 16,494 Corporate General and Administrative Expenses 5,337 4,248 9,585... (Yahoo! Wire -- Entertainment News)

    Live Nation Reports Strong Third Quarter 2009 Results  Nov 10, 2009
    9) million - Higher depreciation and amortization expense due to an increase primarily in our North American Music segment driven by higher amortization of intangible assets associated with certain artist rights agreements ... CONSOLIDATED BALANCE SHEETS September 30, December 31, 2009 2008 ---- ---- (unaudited) (audited) ASSETS (in thousands) CURRENT ASSETS Cash and cash equivalents $258,089 $199,660 Accounts receivable, less allowance of $5,914 as of September 30, 2009 and $10,376 as of... (Yahoo! Wire -- Entertainment News)

    StellarOne Corporation Announces Change in Results for Third Quarter  Nov 10, 2009
    These factors include: (i) deterioration in the financial condition of borrowers resulting in significant increases in loan losses and provisions for those losses, (ii) continuation of the historically low short-term interest rate environment, (iii) the inability of the Company to continue to grow its loan portfolio, (iv) rapid fluctuations or unanticipated changes in interest rates, (v) the development of any new market, (vi) a merger or acquisition, (vii) any activity in the capital markets... (Primezone Releases)

    Horizon Financial Reports Second Quarter Fiscal 2010 Results and Form 10-Q Filing  Nov 10, 2009
    "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "1257863430", "close" : "1257886830", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Primezone Releases)

    Top Image Systems Reports Financial Results for the Third Quarter of 2009  Nov 10, 2009
    -- Amortization of intangible assets; -- Equity-based compensation expense -- Non-cash income/(expenses) relating to change in fair value of convertible debentures ... Intangible assets, net ... Amortization of intangible assets related to acquisition. (Primezone Releases)

    easyhome Ltd. Reports Third Quarter 2009 Results  Nov 10, 2009
    CONSOLIDATED BALANCE SHEETS (Continued under the laws of Ontario) (unaudited) As at: September 30, December 31, 2009 2008 ---------------------------------------------------------------------------- (in 000's) $ $ ---------------------------------------------------------------------------- ASSETS Amounts receivable 5,167 5,169 Income taxes recoverable 2,584 1,117 Consumer loans receivable 7,131 4,064 Prepaid expenses 2,183 2,790 Lease assets 77,825 82,443 Property and equipment 16,328 15,879... (CCNMatthews Press Releases)

    DivX, Inc. Reports Third Quarter 2009 Financial Results  Nov 10, 2009
    05 per diluted share, net of related taxes); (3) the scheduled amortization of purchased intangible assets related to the acquisition of MainConcept of $558,000 ($357,000, or $0 ... The scheduled amortization of purchased intangible assets related to the acquisition of MainConcept and the impact of contingent consideration fair value true-ups related to the acquisition of AnySource Media of approximately $650,000 ($390,000, or $0 ... DivX has provided in this release financial information that... (Yahoo! Wire -- Entertainment News)

    Trican-2009 Third Quarter Results  Nov 10, 2009
    CONSOLIDATED BALANCE SHEETS (restated - note 1) (Stated in thousands September 30, December 31, of dollars; unaudited) 2009 2008 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ASSETS Current assets Cash and short-term deposits $ 23,651 $ 56,281 Accounts receivable 168,189 231,636 Income taxes recoverable - 12,599 Inventory 88,656 107,831 Prepaid expenses 15,088 20,062... (CCNMatthews Press Releases)

    ATS reports second quarter fiscal 2010 results  Nov 10, 2009
    " Financial Results In millions 3 months 3 months 6 months 6 months of dollars, ended ended ended ended except per Sept 27, Sept 30, Sept 27, Sept 30, share data 2009 2008 2009 2008 ------------------------------------------------------------------------- Revenue ASG $ 97.0 $ 147.4 $ 212.2 $ 290.2 from ------------------------------------------------------------ continuing Photowatt 51.5 72.5 91.6 141.9 operations ------------------------------------------------------------ Inter-segment (0.3)... (Canada Newswire)

    Sodexo Announces Both Revenue and Operating Profit Growth for Fiscal 2009  Nov 10, 2009
    "In a particularly difficult environment, Sodexo again increased revenues and profits in Fiscal 2009 to a level in line with its objectives. Sodexo remains a growth company. Firmly focused on the future and the long term, we have continued during Fiscal 2009 to invest in the implementation of our strategy, including in our comprehensive offer, in training our teams, in recruiting new talents, in creating platforms of expertise in Facilities Management, and also in four acquisitions in France,... (Yahoo! Wire -- Entertainment News)

    Blackstone Profit Tops View; Sees More Deals Ahead  Nov 7, 2009
    Blackstone's third-quarter earnings before income taxes, noncash charges for vesting equity-based compensation, and amortization of intangible assets -- a measure it calls "economic net income" (ENI) -- were $278. 4 million, compared with a loss of $509. (ABC News -- Business)

    Knology Reports Results for the Third Quarter and Announces Definitive Agreement to Acquire the Assets of Private Cable Co., LLC for $7.5 Million Cash  Nov 7, 2009
    EBITDA, as adjusted, eliminates the uneven effect on operating income of non-cash depreciation of tangible assets and amortization of certain intangible assets and, therefore, is useful to management in measuring the overall operational strength and performance of the Company. A limitation of this measure, however, is that it does not reflect the periodic costs of certain capitalized tangible and intangible assets used for generating our revenues ... Management evaluates the costs of such... (Yahoo! Wire -- Entertainment News)

    Fight over the crumbs  Nov 7, 2009
    The value of its intangible assets was more than halved to $621million while investment write-downs and impairments added another $1. 43billion in losses. (Sydney Morning Herald -- Business)

    Activision Blizzard Announces Better-Than-Expected Third Quarter CY 2009 Financial Results  Nov 6, 2009
    ACTIVISION BLIZZARD, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Amounts in millions) September 30, December 31, 2009 2008(2) ---- ------ ASSETS Current assets: Cash and cash equivalents $2,360 $2,958 Short-term investments 361 44 Accounts receivable, net 228 974 Inventories 351 262 Software development 253 235 Intellectual property licenses 65 35 Deferred income taxes, net 727 536 Intangible assets, net 1 14 Other current assets 162 201 --- --- Total current assets... (Yahoo! Wire -- Entertainment News)

    Brampton Brick Reports Results for the Third Quarter Ended September 30, 2009  Nov 6, 2009
    Effective with the adoption of the new Canadian Institute of Chartered Accountants Handbook Section 3064, Goodwill and Intangible Assets, on January 1, 2009, operating costs in the amount of $1,832 pertaining to the pre-production period of the new Indiana clay brick plant and the Company's share of the unamortized balance of start-up costs related to Universal Resource Recovery Inc. ("Universal") in the amount of $179 were adjusted to opening retained earnings. As at December 31, 2008 these... (CCNMatthews Press Releases)

    Orbitz posts profit, gets $100M equity investment  Nov 6, 2009
    44 per share, weighed down by a $297 million impairment charge on intangible assets. Revenue fell 22 percent, to $187 million, while analysts expected $202 million. (Crain's Chicago Business)

    Daylight Resources Trust Reports Third Quarter 2009 Financial and Operating Results- Significant Operational Results Validate Resource Play Strategy on Multiple Fronts  Nov 5, 2009
    During the three months ended September 30, 2009, IFRS in-depth reviews have been concentrated on business combinations, intangible assets, borrowing costs and investments while activities during the first half of 2009 were focused on componentization; provisions and contingent liabilities; property, plant, and equipment; exploration assets; cash-generating units and unit-based compensation. During Q3 2009, the Trust has also been developing and testing system changes. (CCNMatthews Press Releases)

    The Churchill Corporation Reports Third Quarter Financial Results  Nov 5, 2009
    (TSX: CUQ) Third Quarter 2009 & YTD Financial Results ------------------------------------------ - Third quarter 2009 net earnings including the earnings from discontinued operations were $15. 86 per share) compared to $11. (Canada Newswire)

    Caza Oil & Gas Announces Third Quarter Results  Nov 5, 2009
    In February 2008, the AcSB issued Section 3064, Goodwill and Intangible Assets and amended Section 1000, Financial Statement Concepts clarifying the criteria for recognizing assets, intangible assets and internally developed intangible assets ... (a) The Company adopted Section 3064, Goodwill and Intangible Assets and amended Section 1000, Financial Statement Concepts clarifying the criteria for recognizing assets, intangible assets and internally developed intangible assets. (CCNMatthews Press Releases)

    Constellation Software Inc. Announces Results for the Third Quarter Ended September 30, 2009  Nov 4, 2009
    "Adjusted Net Income" means net income plus amortization of intangible assets and future income taxes ... The majority of future income taxes relate to the amortization of intangible assets, and thus are being added back to more closely match the non-cash future tax recovery with the amortization of intangibles ... 30, --------------------------------------- 2009 2008 2009 2008 --------- --------- --------- --------- ($000, except ($000, except percentages) percentages) Total revenue $ 107,279 $... (CCNMatthews Press Releases)

    Outdoor Channel Holdings Reports Third Quarter 2009 Results  Nov 4, 2009
    OUTDOOR CHANNEL HOLDINGS, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (unaudited, in thousands) September 30, December 31, 2009 2008 (unaudited) Assets Current assets: Cash and cash equivalents $23,223 $60,257 Investment in available-for-sale securities 31,990 - Accounts receivable, net of allowance for doubtful accounts 13,681 9,448 Other current assets 10,712 6,854 Total current assets 79,606 76,559 Property, plant and equipment, net 15,049 10,042 Goodwill and amortizable... (Yahoo! Wire -- Entertainment News)

    Telstras $4.2b accounting trick  Nov 4, 2009
    Or new CEO David Thodey may instead choose to take a writedown on these intangible assets. This would make the reported profit look uglier and generate some negative headlines but there would be no cash flow impact; the cash left the business years ago. (Sydney Morning Herald -- Business)

    NetLogic swings to $3.9M Q3 loss  Nov 4, 2009
    The loss included stock-based compensation expense, the amortization of intangible assets, fair value inventory adjustments, acquisition-related costs, and interest income on a $15 million bridge loan to. Excluding items, the company's income would have been $11 million, or 45 cents a share, compared with 42 cents per diluted share in the year-ago quarter. (San Jose Business Journal, CA)

    Enbridge Income Fund Announces Third Quarter Results, Evaluating Corporate Restructuring  Nov 3, 2009
    7) Additions to intangible assets - (4 ... 1 Intangible Assets 90. (CCNMatthews Press Releases)

    Kathmandu or Kathmandon't?  Nov 3, 2009
    At $192 million, intangible assets (goodwill and rights to the Kathmandu name) dominate the balance sheet. After the float, the company will actually have negative net tangible assets, while book equity, which includes intangibles, will be $172 million. (Sydney Morning Herald -- Business)

    iMergent Reports Fiscal First Quarter 2010 Financial Results -- Correction  Nov 3, 2009
    Steven G. Mihaylo, Chief Executive Officer of iMergent, stated, "We are pleased with these results, particularly since the first fiscal quarter is typically our slowest quarter of the year. The fiscal first quarter normally includes seasonal weakness due to summer vacations which inhibit our ability to conduct events during the first several weeks of July. Our cost saving initiatives and cost controls continue to improve which were instrumental in enabling us to obtain profitability in our first... (Primezone Releases)

    A look at the top 10 US bankruptcies  Nov 2, 2009
    The Fort Lauderdale company said adjusted income for the third quarters of 2009 and last year excluded amortization of intangible assets related primarily to business combinations, stock-based compensation expenses and related tax effects. Net income for both quarters was $80 million, or 43 cents per share. (Fresno Bee -- Business)

    EDCI Holdings, Inc. Announces 3Q2009 and YTD 3Q2009 Results  Oct 31, 2009
    02 par value; authorized: 15,000,000 shares September 30, 2009 -- 7,019,436 shares issued; December 31, 2008 -- 7,019,436 shares issued 140 140 Additional paid in capital 371,338 371,091 Accumulated deficit (305,027) (294,988) Accumulated other comprehensive income 6,350 4,583 Treasury stock at cost: September 30, 2009 -- 333,299 shares; December 31, 2008 -- 324,794 shares (1,657) (1,427) ------ ------ Total EDCI Holdings, Inc. Stockholders' Equity 71,144 79,399 Noncontrolling interest in... (Yahoo! Wire -- Entertainment News)

    Community Capital Corporation Announces Completion of Offering and Results of Operations for Third Quarter  Oct 31, 2009
    " Community Capital Corporation is the parent company of CapitalBank, which operates 18 community oriented branches throughout upstate South Carolina and offers a full array of banking services, including a diverse wealth management group. Additional information on CapitalBank's locations and the products and services offered are available at . Cautionary Note Regarding Forward-Looking Statements Some of our statements contained in this news release are "forward-looking statements" within the... (Primezone Releases)

    The Washington Post Company Reports Third Quarter Earnings  Oct 31, 2009
    Amortization of intangible assets ... Amortization of intangible assets ... Amortization of intangible assets. (Yahoo! Wire -- Entertainment News)

    RealNetworks Announces Third Quarter 2009 Results  Oct 30, 2009
    RealNetworks, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) September 30, December 31, 2009 2008 ---- ---- (in thousands) ASSETS Current assets: Cash and cash equivalents $204,777 $232,968 Short-term investments 168,420 137,766 Trade accounts receivable, net 67,060 70,201 Deferred costs, current portion 5,383 4,026 Prepaid expenses and other current assets 31,388 34,599 ------ ------ Total current assets 477,028 479,560 ------- ------- Equipment, software, and leasehold... (Yahoo! Wire -- Entertainment News)

    American Commercial Lines posts 3Q loss  Oct 30, 2009
    Third-quarter results included a charge of 88 cents per share related to debt refinancing, a charge of 22 cents per share for impairment of intangible assets and a charge of 11 cents per share related to a customer contract dispute in the company s manufacturing division, according to a news release. Without the charges, American Commercial Lines would have earned $1. (Louisville Business First, KY)

    * Macronix income at eight-year high  Oct 30, 2009
    Intelligence and culture are both intangible assets, which can be brought to their full potential through incisive analysis from various perspectives, Liu said. Currently, the company commands four major research departments, providing market information and research in such fields as DRAM, NAND flash memory, PCs, display panels, light-emitting diodes (LED) and green energy. (Taipei Times, Taiwan -- World)

    DENTSPLY International Inc. Reports Third Quarter 2009 Sales and Earnings  Oct 29, 2009
    135 WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING -BASIC 148,547 148,775 148,546 149,186 -DILUTIVE 150,638 151,697 150,077 152,137 DENTSPLY INTERNATIONAL INC. CONDENSED BALANCE SHEETS (IN THOUSANDS) SEPTEMBER 30, DECEMBER 31, 2009 2008 ------------ ------------ ASSETS CURRENT ASSETS: CASH AND CASH EQUIVALENTS $ 333,368 $ 203,991 SHORT TERM INVESTMENTS 37 258 ACCOUNTS AND NOTES RECEIVABLE- TRADE, NET 356,976 319,260 INVENTORIES, NET 311,666 306,125 OTHER CURRENT ASSETS 125,056 120,228... (Primezone Releases)

    Beneficial Mutual Bancorp posts 3Q profit but asset quality worsens  Oct 29, 2009
    1 million, which Beneficial said was partially offset by an impairment charge of $1 million recorded as a result of an evaluation of goodwill and other intangible assets related to the company s insurance brokerage subsidiary. During the first nine months of this year, Beneficial said it recorded earnings of $10. (Philadelphia Business Journal, PA)

    Medipattern Reports Results for Fiscal 2009  Oct 29, 2009
    Results of Operations: THE MEDIPATTERN CORPORATION UNAUDITED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS FOR FISCAL YEARS ENDED JUNE 30, 2009 AND 2008 ---------------------------------------------------------------------------- Increase 2009 2008 (Decrease) ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- REVENUES Licensing fees $ 107,123 $ 319,943 $ (212,820) Professional fees 122,343... (CCNMatthews Press Releases)

    PDF Solutions(R) Reports Third Quarter 2009 Results  Oct 28, 2009
    In addition to using GAAP results in evaluating PDF Solutions' business, PDF Solutions' management also believes it is useful to measure results using a non-GAAP measure of net loss, excluding stock-based compensation expense, amortization of acquired technology and intangible assets, restructuring charges, and their related income tax effects, as applicable ... In addition to providing results that are determined in accordance with Generally Accepted Accounting Principles in the United States... (Primezone Releases)

    Vishay beats estimates, plans a spin off  Oct 28, 2009
    8 million in restructuring and severance costs, impairment of goodwill and indefinite-lived intangible assets of $357. 9 million, and $4 million in costs associated with the terminated tender offer to acquire International Rectifier Corp. and their tax effects. (Philadelphia Business Journal, PA)

    OPTI Canada Announces Third Quarter 2009 Results  Oct 28, 2009
    CALGARY, Oct. 28 /CNW/ - OPTI Canada Inc. (OPTI) announced today the Company's financial and operating results for the quarter ended September 30, 2009. Our objectives in the third quarter were to complete the planned turnaround and to start-up the final components of the Upgrader, which are the thermal cracker and the solvent deasphalter. (Canada Newswire)

    Harris Corporation Reports First Quarter Results; Fiscal 2010 Guidance Increased on Strong Orders for Tactical Radios  Oct 28, 2009
    "We also received orders associated with the MRAP-ATV (mine resistant ambush protected all-terrain vehicle) program and are expecting significant additional orders in the second quarter."We have significantly increased our full-year fiscal 2010 guidance to reflect much higher than expected tactical radio orders from the U.S. Department of Defense and the positive impact on expected revenue and earnings," Lance said.Increased Earnings GuidanceThe company has revised its guidance for non-GAAP... (Yahoo! Wire -- Entertainment News)

    Nalco Reports Third Quarter Results  Oct 28, 2009
    7 Intangible assets: Goodwill 1,793 ... 7 Amortization of intangible assets 12 ... 4 Amortization of intangible assets 12. (Primezone Releases)

    Central European Media Enterprises Reports Results for Third Quarter and Nine Months Ended September 30, 2009  Oct 27, 2009
    EBITDA is determined as net income / (loss), which includes costs for program rights amortization costs, before interest, taxes, depreciation and amortization of intangible assets. Items that are not allocated to our segments for purposes of evaluating their performance and therefore are not included in EBITDA, include foreign currency exchange gains and losses; changes in the fair value of derivatives; and certain unusual or infrequent items (e. (Primezone Releases)

    Sohu.com Reports Third Quarter 2009 Unaudited Financial Results  Oct 26, 2009
    30, 2009 2009 2008 2009 2008 Revenues: Advertising Brand advertising $48,502 $43,621 $49,398 $131,197 $124,244 Sponsored search 2,292 1,769 1,737 5,623 5,044 Subtotal of advertising revenues 50,794 45,390 51,135 136,820 129,288 Online games 68,684 66,596 54,604 196,887 143,455 Wireless and others 17,107 15,099 14,937 45,701 34,736 Total revenues 136,585 127,085 120,676 379,408 307,479 Cost of revenues: Advertising Brand advertising (includes share-based compensation expense of $149, $261, $288,... (Yahoo! Wire -- Entertainment News)

    Versatile Reports First Quarter Results  Oct 26, 2009
    --------------------------------------------------------------------------- Versatile Systems Inc. Consolidated Balance Sheets (unaudited - prepared by management) --------------------------------------------------------------------------- Expressed in U.S. dollars September 30, 2009 June 30, 2009 ------------------ ------------- (unaudited) ASSETS Current Assets Cash and cash equivalents $ 1,265,827 $ 2,002,530 Short term investments 1,733,277 - Accounts receivable 8,622,176 8,408,093 Current... (CCNMatthews Press Releases)

    Guaranty Bancorp Announces 2009 Third Quarter Financial Results  Oct 24, 2009
    Quarter Ended Nine Months Ended ---------------------------- ------------------ Sept. 30, June 30, Sept. 30, Sept. 30, Sept. 30, 2009 2009 2008 2009 2008 ---------------------------- ------------------ (In thousands) Noninterest expense: Salaries and employee benefits $ 6,536 $ 6,712 $ 5,927 $ 19,987 $ 24,831 Occupancy expense 1,908 1,926 1,958 5,755 6,090 Furniture and equipment 1,103 1,147 1,390 3,381 4,087 Impairment of goodwill -- -- 250,748 -- 250,748 Amortization of intangible assets 1,559... (Primezone Releases)

    Bucyrus International, Inc. Announces Summary Financial Results for the Quarter and Nine Months Ended September 30, 2009  Oct 23, 2009
    Consolidated Condensed Statements of Earnings (Unaudited) Quarter Ended Nine Months Ended September 30, September 30, ------------------------ ------------------------ 2009 2008 2009 2008 ----------- ----------- ----------- ----------- (Dollars in thousands, except per share amounts) Sales $675,767 $646,002 $2,005,947 $1,783,991 Cost of products sold 451,924 463,671 1,406,657 1,285,979 ----------- ----------- ----------- ----------- Gross profit 223,843 182,331 599,290 498,012 Selling, general... (Primezone Releases)

    Sussex Bancorp Announces Improved Third Quarter and Nine Month Earnings  Oct 23, 2009
    SUSSEX BANCORP CONSOLIDATED BALANCE SHEETS (Dollars In Thousands) (Unaudited) ASSETS September 30, September 30, December 31, ------ 2009 2008 2008 ----------------------------------------- Cash and due from banks $13,240 $10,537 $7,602 Federal funds sold 2,038 15,470 13,310 ------------- ------------- ------------- Cash and cash equivalents 15,278 26,007 20,912 Interest bearing time deposits with other banks 100 100 100 Trading securities 3,974 13,519 13,290 Securities available for sale 80,040... (Primezone Releases)

    Central Jersey Bancorp Reports Operating Results for Third Quarter of 2009  Oct 23, 2009
    The goodwill impairment charge was recorded in accordance with SFAS No. 142, Goodwill and Other Intangible Assets, which requires an interim goodwill impairment analysis under certain events including "a more-likely-than-not expectation that a reporting unit will be sold.". The respective shareholders of Central Jersey Bancorp and OceanFirst Financial Corp. approved the merger of Central Jersey Bancorp with and into OceanFirst Financial Corp. at special meetings of shareholders held by each... (Primezone Releases)

    Heritage Commerce Corp Reports Financial Results for Third Quarter 2009  Oct 23, 2009
    48% 18% AVERAGE BALANCES (in $000's, unaudited) Average Assets $1,450,959 $1,443,641 1% Average Tangible Assets $1,403,771 $1,395,761 1% Average Earning Assets $1,314,599 $1,292,758 2% Average Loans Held-for-Sale $ 6,005 -- N/A Average Total Loans $1,191,034 $1,159,535 3% Average Deposits $1,155,586 $1,154,705 0% Average Demand Deposits - Noninterest Bearing $ 258,725 $ 257,054 1% Average Interest Bearing Deposits $ 896,861 $ 897,651 0% Average Interest Bearing Liabilities $ 981,581 $1,008,692... (Primezone Releases)

    Interfor's Results Improve in 3rd Quarter  Oct 23, 2009
    Effective January 1, 2009, the Company adopted the new Canadian Institute of Chartered Accountants ("CICA") Handbook Section 3064, Goodwill and Intangible Assets on a retrospective basis. This section replaces CICA Handbook Section 3062, Goodwill and Intangible Assets, and establishes revised standards for the recognition, measurement, presentation and disclosure of goodwill and intangible assets ... 78) ---------------------------------------------------------------------------... (CCNMatthews Press Releases)

    Accounting 101 Amortization and D...  Oct 23, 2009
    Intangible Assets and Amortization ... Some examples of intangible assets are. (Suite101.com)

    Heavy charge drops Manpower to third-quarter loss  Oct 22, 2009
    4 million, or 64 cents per share, because of a heavy impairment charge on the value of the firm's goodwill and intangible assets. The Milwaukee-based global staffing company's reported net loss for the third quarter compared with a net loss of $43. (Milwaukee Business Journal, WI)

    READ: Wells Fargo's press release  Oct 22, 2009
    8 ) Goodwill and intangible assets (other than MSRs) (37 ... Tier 1 common equity includes total Wells Fargo stockholders' equity, less preferred equity, goodwill and intangible assets (excluding MSRs), net of related deferred taxes, adjusted for specified Tier 1 regulatory capital limitations covering deferred taxes, MSRs, and cumulative other comprehensive income. (USA Today -- Money)

    LodgeNet Reports Results for Third Quarter 2009  Oct 22, 2009
    LodgeNet Interactive Corporation and Subsidiaries Consolidated Balance Sheets (Unaudited) (Dollar amounts in thousands, except share data) September 30, December 31, 2009 2008 ---- ---- Assets Current assets: Cash and cash equivalents $26,102 $10,800 Accounts receivable, net 59,991 63,620 Other current assets 9,108 9,107 ----- ----- Total current assets 95,201 83,527 Property and equipment, net 220,341 273,830 Debt issuance costs, net 6,684 9,117 Intangible assets, net 108,272 115,134 Goodwill... (Yahoo! Wire -- Entertainment News)

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