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Beezerr34

11/07/15 10:56 AM

#1630 RE: seven-up #1627

Sure I understand it's a cost of doing business, but it can be considered a one-time charge and adjusted out of the loss for purposes of looking at the "operating" business. In short, the company is not going to have $80 million in cold stacking charges every quarter moving forward.

Almost all companies report EPS numbers on an adjusted basis, but HERO did not this past quarter; most likely due to the bankruptcy proceedings.