(1) “Organic Revenue,” a non-GAAP measure, is defined as commissions and fees less (i) the first twelve months of commission and fee revenues generated from acquisitions, less (ii) profit-sharing contingent commissions (revenues from insurance companies...
The balance sheet compares your business assets against owner's equity and liabilities. It's based on the following accounting equation: Assets = Capital + Liabilities, according to Corporate Finance Institute. As with the income statement, begin with your header information in title case. Create t...
This, however, is likely not to appear until after the election, as highlighted in the latest statement by President Trump, which is likely to raise tensions between the Trump administration and the Fed which called out the government for lack of stimulus. Indeed, with dollar declines seen in ...
J. Powell Brown, president and chief executive officer of the Company, noted, “We are pleased with our overall performance for the quarter as we welcomed over 2,500 new teammates from GRP & BdB to Brown & Brown ...
We view EBITDAC and EBITDAC Margin as important indicators when assessing and evaluating our performance, as they present more comparable measurements of our operating margins in a meaningful and consistent manner. As disclosed in our most recent proxy state...