How do you interpret material reconciling items — gain loss on contract termination?

A loss typically reflects exit costs, while a gain may result from favorable settlement terms or the removal of burdensome obligations.

How does material reconciling items — gain loss on contract termination compare across companies?

Reported as a non-recurring item by companies undergoing major supply chain or distribution network restructuring.

Constellation Brands STZ Material Reconciling Items — Gain Loss On Contract Termination

Discontinued — last reported Q3 '18

Similar metrics at other companies

PRUMaterial Reconciling Items — Gain Loss On Contract Termination

$136M+1,033%

PNRMaterial Reconciling Items — Gain Loss On Sale Of Business

-$900K—

SPXCMaterial Reconciling Items — Gain Loss On Sale Of Business

$0—

CCKMaterial Reconciling Items — Extinguishment Of Debt Gain Loss Net Of Tax

$0+100%

TSNMaterial Reconciling Items — Gain Loss On Sale Of Business

$161M—

GISMaterial Reconciling Items — Gain Loss On Sale Of Business

$0—

Other financials

Income statement

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Revenue$1.9B-11.3%

Gross profit$951.7M-14.6%

Operating income$441.6M—

Net income$201.8M+154%

Balance sheet

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Cash & equivalents$102.4M+50.4%

Total debt$10.6B-1.0%

Total equity$8.1B+17.4%

Total assets$21.9B+1.1%

Cash flow

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Operating cash flow$562.8M-5.4%

CapEx$218.9M-22.5%

Free cash flow$343.9M+10.2%

Valuation

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Market cap$24.21B—

Enterprise value$34.72B—

P/E14.4×—

P/S2.7×—

Profitability

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Gross margin51.6%-0.5pp

Operating margin29.8%—

Net margin18.5%+17.7pp

FCF margin19.6%+0.6pp

Returns & leverage

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Return on equity22.5%+21.6pp

Debt / equity1.3×-0.2×

Current ratio1.1×+0.2×

Where this comes from

Reported directly by Constellation Brands in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnContractTermination.

The official record: Constellation Brands’s 10-Q, filed January 5, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — gain loss on contract termination mean?: The gain or loss resulting from the early termination of significant business contracts.
How do you interpret material reconciling items — gain loss on contract termination?: A loss typically reflects exit costs, while a gain may result from favorable settlement terms or the removal of burdensome obligations.
How does material reconciling items — gain loss on contract termination compare across companies?: Reported as a non-recurring item by companies undergoing major supply chain or distribution network restructuring.