Difference between revisions of "User:RahalMccall69"

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(ELTOPIA- Pursuit of marijuana market creates odd couple_0)
(Gentiva庐 Health Services Reports Second Quarter 2014 Results)
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ELTOPIA Alan Schreiber s truck bounces along a rutted road past row upon row of crops.Blueberries, asparagus, apples, cantaloupe, Brussels sprouts, Concord grapes, Merlot grapes, peaches, pears, cherries, onions, pumpkins, potatoes, tomatoes, sugar beets, alfalfa. Over 300 varieties of produce, much of it part of experiments on disease, pests and growing techniques. Every row here is something different, the Franklin County farmer said. There s Fava beans, Chinese cabbage, early green cabbage, green cabbage, red cabbage, savoy cabbage, broccoli, cauliflower, kale, another kind of kale, bok choy, some Napa cabbage, peppers, melons, tomatoes, tomatillos, eggplant. It goes on and on and on. But the crop that Schreiber figures will be more lucrative than any of them was completely unfamiliar to him a foreign world. Until a grower came to him wanting to know how to control mites on marijuana plants. That s when Schreiber realized he d better learn about the cannabis plant.He turned out to have a source of knowledge on his own staff.The 52-year-old Schreiber met 25-year-old Tom Balotte about a year ago and hired him as a mechanic. Balotte had worked on a Virginia Tech research farm before moving with his girlfriend to Washington state.He put his mechanical mind to work fixing and <a href=http://www.louisvuitton-pascher.com>Louis Vuitton Evora</a> designing equipment, like a shield he built to expand the space that could be used for research by keeping pesticide being sprayed on some plants away from others.The Romania-born, Texas-raised son of a botanist and a mechanical engineer, Balotte s tattoos tell part of his story. The design on his arm relates to shooting airsoft guns, the one on his fist to a favorite metal band, and the ink on his back and his other arm to the worlds of video games The Elder Scrolls and World of Warcraft. A three-monitor display at home immerses him in his games.Schreiber is a straitlaced Eastern Washington farmer. He grew up on a farm and earned doctoral degrees in entomology and pesticide toxicology, then worked for the Environmental Protection Agency and as a Washington State University professor before going into commercial research. He voted against Initiative 502 that legalized recreational marijuana.If they re something of an odd couple, it turned out they were well suited for collaboration on the new project Schreiber had in mind. I ve got the pest management experience, Schreiber said, and he s got the kind of applied, real-world, make-things-grow skills. The full realization came months after Balotte was hired, during a conversation over beers at a 30th-floor Portland restaurant at the end of a long day at an agricultural conference. It turned out Balotte s past tinkering included growing marijuana in a closet.They started to realize Balotte s experience could be a perfect match for Schreiber s hopes of doing cutting-edge research <a href=http://www.louisvuitton-pascher.com>Louis Vuitton Galliera</a> and development on the plant and its pests. He was made for a project like this, Schreiber said.Balotte isn t a pot smoker, although he travels in the right circles. I wish I could, but I was just too sensitive to it, Balotte said. My friends, it looks like they re having the most fun in the world, and I m sitting there with my beer in my hand just sitting there with envy, because it looks awesome. Now Schreiber has applied for <a href=http://www.louisvuitton-pascher.com>Louis Vuitton Lockit</a> a license. His is one of more than 2,400 applications still waiting after the state Liquor Control Board has approved fewer than 140 growers.Meantime, Balotte has designed a prototype of a hydroponic growing contraption. If you want to try some advanced growing techniques you have to involve some engineering, some design, and that s really what I like, Balotte said.The prototype involves PVC tubes dotted with holes like giant flutes, each hole a spot for a plant to stick out of while its roots are bathed in nutrients. The thing is gathering dust in a greenhouse while they wait for a license.If approved, they expect they can pioneer new ways of not only growing the plant, but keeping it from being destroyed by pests and contaminants.Schreiber expects a huge demand for information among the licensed growers. The first time that somebody has $100,000 worth of this that they lose because they get an aphid infestation, a mite infestation, powder mildew or Botrytis (a fungus), he said, ... people will want to know how to control these pests. &nbsp;
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5. During the first six months of 2013, the Company recorded non-cash charges of $224.3 million related to goodwill and other long-lived assets.
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Jordan Schrader: 360-786-1826
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At March 31, 2013, the Company performed an interim impairment test <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton Tassen</a> of its Hospice reporting unit due to lower than expected average daily census and higher than expected discharge rates during the first quarter. Based on the results of the interim impairment test, the Company recorded a non-cash impairment charge relating to goodwill of approximately $220.8 million. As part of that analysis, the Company reviewed the valuation of its owned real estate utilized in the Hospice business. The analysis indicated that two of the Company's hospice inpatient units had estimated fair values lower than their carrying values and, as such, the Company recorded a non-cash impairment charge of approximately $1.9 million.
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In addition, the Company conducted an evaluation of the various systems used to support its field operations. In connection with that review, the Company made a strategic decision to replace its business intelligence software platform and, as such, recorded a non-cash impairment charge, related to developed software, of approximately $1.6 million.
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6. The Company's effective tax rate was a tax provision of 40.8% and 41.1% for the second quarter and first six months of 2014, respectively, as compared to a tax provision of 42.4% and a tax benefit of 0.3% for the second quarter and first six months of 2013, respectively.
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During the first six months <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton Kopen</a> of 2013, the Company recorded non-cash impairment charges of $224.3 million related to goodwill and other long-lived assets (see note 5). Excluding the impact of the impairment charges, the Company's effective tax rate would have been 40.6% for the first six months of 2013.
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Forward-Looking Statements
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Certain statements contained in this news release, including, without limitation, statements containing the words "believes," "anticipates," "intends," "expects," "assumes," "trends" and similar expressions, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon the Company's current plans, expectations and projections about future events. However, such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, among others, the following: general economic and business conditions; demographic changes; changes in, or failure to comply with, existing governmental regulations; the impact on our Company of healthcare reform legislation and its implementation through governmental regulations; legislative proposals for healthcare reform; changes in Medicare, Medicaid and commercial payer reimbursement levels; the outcome of any inquiries into the Company's operations and business practices by governmental authorities; compliance with any corporate integrity agreement affecting the Company's operations; effects of competition in the markets in which the Company operates; liability and other claims asserted against the Company; ability to attract and retain qualified personnel; ability to access capital markets; availability and terms of capital; loss of significant contracts or reduction in revenues associated with major payer sources; ability of customers to pay for services; business disruption due to severe weather conditions, natural disasters, pandemic outbreaks, terrorist acts or cyber-attacks; availability, effectiveness, stability and security of the Company's information technology systems; ability to successfully integrate the operations of acquisitions the Company may make and achieve expected synergies and operational efficiencies within expected time-frames; ability to maintain compliance with its financial covenants under the Company's credit agreement; effect on liquidity of the Company's debt service requirements; and changes in estimates and judgments associated with critical accounting policies and estimates. For a detailed discussion of certain of these and other factors that could cause actual results to differ from those contained in this <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton Handtassen</a> news release, please refer to the Company's various filings with the Securities and Exchange Commission, including the "Risk Factors" section contained in the Company's annual report on Form 10-K for the year ended December 31, 2013.

Revision as of 11:05, 14 August 2014

@@@ 5. During the first six months of 2013, the Company recorded non-cash charges of $224.3 million related to goodwill and other long-lived assets. 

At March 31, 2013, the Company performed an interim impairment test <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton Tassen</a> of its Hospice reporting unit due to lower than expected average daily census and higher than expected discharge rates during the first quarter. Based on the results of the interim impairment test, the Company recorded a non-cash impairment charge relating to goodwill of approximately $220.8 million. As part of that analysis, the Company reviewed the valuation of its owned real estate utilized in the Hospice business. The analysis indicated that two of the Company's hospice inpatient units had estimated fair values lower than their carrying values and, as such, the Company recorded a non-cash impairment charge of approximately $1.9 million.
In addition, the Company conducted an evaluation of the various systems used to support its field operations. In connection with that review, the Company made a strategic decision to replace its business intelligence software platform and, as such, recorded a non-cash impairment charge, related to developed software, of approximately $1.6 million.
6. The Company's effective tax rate was a tax provision of 40.8% and 41.1% for the second quarter and first six months of 2014, respectively, as compared to a tax provision of 42.4% and a tax benefit of 0.3% for the second quarter and first six months of 2013, respectively.
During the first six months <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton Kopen</a> of 2013, the Company recorded non-cash impairment charges of $224.3 million related to goodwill and other long-lived assets (see note 5). Excluding the impact of the impairment charges, the Company's effective tax rate would have been 40.6% for the first six months of 2013.
Forward-Looking Statements
Certain statements contained in this news release, including, without limitation, statements containing the words "believes," "anticipates," "intends," "expects," "assumes," "trends" and similar expressions, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon the Company's current plans, expectations and projections about future events. However, such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, among others, the following: general economic and business conditions; demographic changes; changes in, or failure to comply with, existing governmental regulations; the impact on our Company of healthcare reform legislation and its implementation through governmental regulations; legislative proposals for healthcare reform; changes in Medicare, Medicaid and commercial payer reimbursement levels; the outcome of any inquiries into the Company's operations and business practices by governmental authorities; compliance with any corporate integrity agreement affecting the Company's operations; effects of competition in the markets in which the Company operates; liability and other claims asserted against the Company; ability to attract and retain qualified personnel; ability to access capital markets; availability and terms of capital; loss of significant contracts or reduction in revenues associated with major payer sources; ability of customers to pay for services; business disruption due to severe weather conditions, natural disasters, pandemic outbreaks, terrorist acts or cyber-attacks; availability, effectiveness, stability and security of the Company's information technology systems; ability to successfully integrate the operations of acquisitions the Company may make and achieve expected synergies and operational efficiencies within expected time-frames; ability to maintain compliance with its financial covenants under the Company's credit agreement; effect on liquidity of the Company's debt service requirements; and changes in estimates and judgments associated with critical accounting policies and estimates. For a detailed discussion of certain of these and other factors that could cause actual results to differ from those contained in this <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton Handtassen</a> news release, please refer to the Company's various filings with the Securities and Exchange Commission, including the "Risk Factors" section contained in the Company's annual report on Form 10-K for the year ended December 31, 2013.
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