Define: Consolidated Net Income

What does "Consolidated Net Income" mean? The meaning differs based on the contract. We found 3 definitions across 3 companies in SEC filings.

Definition 1 (AMGEN INC, seen in 1 filing)

Consolidated Net Income means for any period, the consolidated net income (or loss) of the Company and its Subsidiaries on a consolidated basis provided that there shall be excluded the income (or deficit) of any Person (other than a Subsidiary of the Company) in which the Company or any of its Subsidiaries has an ownership interest, except to the extent that any such income is actually received by the Company or such Subsidiary in the form of dividends or similar distributions.

Source: AMGEN INC 10-K

Definition 2 (CARDINAL HEALTH INC, seen in 1 filing)

Consolidated Net Income means for any period, for the Company and its Subsidiaries on a consolidated basis and in accordance with GAAP, the net income of the Company and its Subsidiaries (excluding extraordinary gains and extraordinary losses) for that period.

Source: CARDINAL HEALTH INC 8-K

Definition 3 (COGNIZANT TECHNOLOGY SOLUTIONS CORP, seen in 1 filing)

Consolidated Net Income means with reference to any period, the net income (or loss) of the Borrower and its Subsidiaries calculated in accordance with GAAP on a consolidated basis (without duplication) for such period.

Source: COGNIZANT TECHNOLOGY SOLUTIONS CORP 10-K

Data extracted from 3 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 3
Companies: 3
Keywords:
Consolidated Net Incomedefinitioncontract languagelegal termSEC filing

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