Examlex
Rationalize the numerator and simplify.
Operating Income
The profit realized from a business's core operations, calculated by subtracting operating expenses from gross income.
Extraordinary Gain
Unusual and infrequent gains that are outside the normal operations of a business, such as profits from selling a piece of land at a significantly higher price than its book value.
Component-Disposition Gains
Profits realized from the disposal of a component or part of an asset, often a segment of a larger asset that is sold separately.
Discontinued Operations
Components of a business that have been disposed of or are held for sale and are not part of the company’s future operations.
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