RE:RE:RE:Acquisition Accounting ..... Love it! Lattice wrote: Salidvating_Bandit!!! I missed you so! I will give you a readers digest version as I know your attention span is short. Concordia relies on "adjusted eps" based on the idea that depreciation is not a real expense. Its depreciating those expenses and writes them off as "not real" under the idea that the drugs that it pushes are enduring products. They aren't. Very profitable niches can disappear quickly we are not talking lands and buildings
You do not understand the meaning and intent of Adjusted-EPS.
I'm trying to think of a business where depreciation could arguably be included in Adjusted-EPS, and the only one I can come up with is used car sales (because the business model is predicated on sales of depreciated product).
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