Navigation Links
Sunrise Reports Preliminary Selected Financial and Operating Data for Third-Quarter 2007
Date:11/9/2007

nancings, sales of assets and recapitalizations, including certain of the transactions described earlier in this release under "Recapitalizations and Asset Sales".

Sunrise reiterated that the restatement does not affect Sunrise's cash flow, as cash was received several years earlier at the time of the original transaction, or the cumulative amount of profits and losses it generates from its partnerships or sales of real estate. The restatement, however, will impact the timing of when profits and losses are recognized.

In addition to the matters described above, as disclosed on July 25, 2007 and on September 28, 2007, the Company will record non-cash compensation expense related to a 1998 repricing for almost 300 employees and certain other stock option grants. The Company has now substantially quantified the amount of the non-cash compensation expense that it expects it will be required to record as part of its restatement with respect to the 1998 repricing and these other stock option grants, which amount totals approximately $42 million pre- tax, or approximately $26 million after tax, on a cumulative basis for all periods impacted. Approximately 80 percent of this estimated pre-tax expense relates to periods prior to 2003. The reduction to net income resulting from the expected adjustments to stock option expense is offset by an increase to contributed capital so there is no expected net impact to total stockholders' equity.

The information contained in this press release regarding the Company's pending restatement remains subject to completion by the Company of its review, to completion of the special independent committee review and to completion by Ernst & Young LLP of its audit. As such, this information is not final or complete and remains subject to change, possibly materially. Further, as previously disclosed, the Company will need to resolve comments received from the SEC staff on the Company's previously filed 2005 Form 10-K and other r
'/>"/>

SOURCE Sunrise Senior Living, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13

Related medicine news :

1. Sunrise Provides Status Report on Special Independent Committee Investigation; Provides Updates on Managements Internal Control Review Efforts and on Legal Proceedings
2. SingHealth Selects Eclipsys Solutions to Help Improve Clinical Outcomes, First Sunrise Clinical Manager Client Outside of North America
3. Sunrise Settles Litigation Regarding Its 2007 Annual Meeting
4. Eclipsys Sunrise Acute Care Receives CCHIT Certification
5. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
6. Haemacure Reports Third Quarter 2007 Results
7. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
8. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
9. MDS Reports Third Quarter 2007 Results
10. Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006
11. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2014)... Georgia (PRWEB) July 29, 2014 Just ... expanding offices to 4 new states, the exciting FX ... Special FX and one time farmboy from Arkansas, is ... of bringing innovative event technologies to the masses. ... the event packed island of Jamaica. This new ...
(Date:7/29/2014)... (PRWEB) July 29, 2014 Helping people ... an immensely complex challenge that requires deep knowledge of ... to improve therapeutic options and outcomes has been the ... of biomedical engineering, since he joined the NJIT faculty ... significance is underscored by substantial funding from sources such ...
(Date:7/29/2014)... 29, 2014 A new 3-part video ... 2014 Society for Cardiovascular Angiography and Interventions (SCAI) Scientific ... week. The videos review the benefits of ACE accreditation ... the cardiac catheterization laboratory from the perspective of clinicians ... video, Jane Kiah, MS, RN, Director of Cardiac and ...
(Date:7/29/2014)... TUESDAY, July 29, 2014 (HealthDay News) -- Quitting smoking is ... review. Depression can make it more difficult to ... come with trying to quit cold turkey, scientists found. But ... people quit faster, they said. "The review should be ... Moullec, a postdoctoral researcher in the department of exercise science ...
(Date:7/29/2014)... (GSA) the nation,s largest interdisciplinary organization devoted ... J. Bowers, PhD, RN, FAAN, of the University of ... on Minority Issues in Gerontology Outstanding Mentorship Award. , ... who has exemplified outstanding commitment and dedication to mentoring ... award presentation will take place at GSA,s 67th Annual ...
Breaking Medicine News(10 mins):Health News:Atlanta Special FX Rapidly Expanding Just Opens First International Corporate Office in Jamaica 2Health News:Continuing the Quest for Better Stroke Therapies 2Health News:Continuing the Quest for Better Stroke Therapies 3Health News:Continuing the Quest for Better Stroke Therapies 4Health News:Accreditation for Cardiovascular Excellence (ACE) Launches 3-Part Video Series: The Cost/Benefit of ACE Accreditation; ProMedica Toledo Hospital Achieves Accreditation 2Health News:Accreditation for Cardiovascular Excellence (ACE) Launches 3-Part Video Series: The Cost/Benefit of ACE Accreditation; ProMedica Toledo Hospital Achieves Accreditation 3Health News: Extra Exercise Could Help Depressed Smokers Quit: Study 2Health News:Bowers to receive GSA's 2014 Minority Mentorship Award 2
... NORCROSS, Ga., Aug. 12 With the Centers for Disease ... of serious illnesses in school-age children (ages 5-24) and pregnant women ... can kill the virus immediately and continue to kill it for ... getting swine flu or avoiding it, especially before a vaccine is ...
... MINNEAPOLIS, Aug. 12 Twin Cities Orthopedics ... today announced a partnership with Surgical Care Affiliates (SCA) to develop ... (Logo: http://www.newscom.com/cgi-bin/prnh/20080812/CLTU111LOGO ) , , ... be located at 4010 65th Street West Edina, Minnesota. In ...
... , , SAN ... in the field of remote patient monitoring, today announced that ... versions of the BlackBerry(R) Bold(TM), Tour(TM), Curve(TM) and 8800 ... for release this fall. , , ...
... , KENSINGTON, Md., Aug. 12 The ... a two-track contest united by a theme of helping psoriasis ... videos that will motivate psoriasis patients to resist the social ... and to engage with others with psoriasis and psoriatic arthritis ...
... cells, forcing remission, study says, , WEDNESDAY, Aug. ... suppresses the immune system to put multiple sclerosis ... Canadian scientists say. , In MS, the immune ... treatment, called GIFT15, is composed of two proteins, ...
... French . , Montreal, August 12, 2009 Sounds and ... to a new Canadian study. In the online edition of the ... ), scientists from the Universit de Montral and the Montreal Neurological ... the brain allows people to distinguish between different types of sounds, ...
Cached Medicine News:Health News:School-Age Children, Pregnant Women and Health Care Workers: Take Swine Flu Precautions by Washing with Cleanser that Kills Virus for Up to Six Hours 2Health News:School-Age Children, Pregnant Women and Health Care Workers: Take Swine Flu Precautions by Washing with Cleanser that Kills Virus for Up to Six Hours 3Health News:School-Age Children, Pregnant Women and Health Care Workers: Take Swine Flu Precautions by Washing with Cleanser that Kills Virus for Up to Six Hours 4Health News:Twin Cities Orthopedics to Partner with Surgical Care Affiliates 2Health News:AirStrip Technologies Releases AirStrip OB for BlackBerry 2Health News:AirStrip Technologies Releases AirStrip OB for BlackBerry 3Health News:Psoriasis Video Contest Launched to Encourage Psoriasis Patients to Connect and Collaborate 2Health News:Scientists Reverse Multiple Sclerosis in Mice 2Health News:Human mind: Sound and vision wired through same 'black box' 2
(Date:7/29/2014)... ROCKVILLE, Md. , July 29, 2014  Synthetic ... anti-infective biologic and drug candidates targeting specific pathogens that ... view of the unusual market activity in the Company,s ... Company in accordance with its usual practice. The Company ... unusual market activity. About Synthetic Biologics, Inc. ...
(Date:7/29/2014)... According to a new market ... Market (Neurosurgical Navigation Systems, ENT Navigation Systems and Orthopedic ... Trends and Forecast, 2014 - 2020", the global surgical ... in 2013 and is expected to grow at a ... an estimated value of USD 295.5 million in 2020. ...
(Date:7/29/2014)... , July, 29  2014 ISPE—the International Society ... John Bournas as President and CEO, ... to leave the Society last fall.  Mr. Bournas ... in the healthcare association industry as well as ... a clear vision for the expansion of its ...
Breaking Medicine Technology:Synthetic Biologics, Inc. States that Its Policy is Not to Comment on Unusual Market Activity 2Surgical Navigation Systems Market Expected to Reach USD 295.5 Million Globally in 2020: Transparency Market Research 2Surgical Navigation Systems Market Expected to Reach USD 295.5 Million Globally in 2020: Transparency Market Research 3Surgical Navigation Systems Market Expected to Reach USD 295.5 Million Globally in 2020: Transparency Market Research 4ISPE Hires Healthcare Association Exec as CEO 2ISPE Hires Healthcare Association Exec as CEO 3
... Ill. , March 14 NorthShore University HealthSystem (NorthShore) ... the American College of Cardiology annual scientific sessions from the EVEREST ... novel, first-in-class catheter-based device,  is a safe and effective alternative to ... ...
... March 12 HEI, Inc. (Pink Sheets: HEII) ... has achieved qualification to MIL-P-50884E.  This qualification was awarded ... Agency.  DSCC manages Military qualifications for the electronics industry. ... Tempe, Arizona to manufacture rigid-flex and flex ...
Cached Medicine Technology:Minimally Invasive Heart Valve Therapy Improves Heart Function, Quality of Life for Mitral Regurgitation Patients 2Minimally Invasive Heart Valve Therapy Improves Heart Function, Quality of Life for Mitral Regurgitation Patients 3Minimally Invasive Heart Valve Therapy Improves Heart Function, Quality of Life for Mitral Regurgitation Patients 4HEI, Inc. Announces Qualification to MIL-P-50884E 2
... enclosures are designed for ... other process gas to ... HEPA filtration, heating/cooling, humidification, ... also available, along with ...
... removes chemical fumes, allowing safe ... charcoal filters remove most organic ... exhaust flow speed = 100 ... Includes air speed monitor, quick-release ...
This free-standing work station safely ventilates fumes upwards, away from the work surface. Optional Exhaust Purification System features bonded charcoal filters that remove organic chemical vapors ...
... These corrosion proof polypropylene exhaust hoods are ... of tanks and draw a stream of ... away from the operator. Other sizes and ... lateral, and double-slot are available on special ...
Medicine Products: