yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
BURLINGAME, Calif., Nov. 12, 2012 /PRNewswire/ -- AeroCentury Corp. (NYSE Amex: ACY), an independent aircraft leasing company, today reported its operating results for the third quarter ended September 30, 2012.
The Company reported net income of $1.1 million, or $0.71 per diluted share, for the third quarter of 2012, compared to a net loss of $0.2 million, or ($0.16) per diluted share, for the third quarter of 2011. The Company reported net income of $3.4 million, or $2.18 per diluted share, for the nine months ended September 30, 2012, compared to a net loss of $2.7 million, or ($1.73) per diluted share, for the nine months ended September 30, 2011.
Total revenues were $7.1 million and $21.4 million for the third quarter and nine months ended September 30, 2012, respectively, compared with total revenues of $6.2 million and $17.9 million for the same periods a year ago. The year-to-year increases were primarily due to increases in operating lease revenue and maintenance reserves revenue resulting from higher average utilization of the Company's asset portfolio in the 2012 periods and revenue from assets that were purchased subsequent to the 2011 periods. In addition, the operating lease revenue and maintenance reserves revenue in the 2011 periods were negatively affected by a write-off in those periods regarding the collectability of certain lease and reserves receivables.
Total expenses decreased by approximately $1.2 million and $5.7 million in the third quarter and nine months of 2012 as compared to the same periods in 2011, resulting primarily from a year-over-year decrease in maintenance expense, the effect of which was partially offset by an increase in interest expense. The 2011 periods included significant maintenance expense, funded by non-refundable maintenance reserves, on aircraft returned to the Company during 2010. Interest expense was higher in the 2012 periods, primarily as a result of a higher fee amortization related to the Company's credit facility, which was extended for one year in March 2012, and a higher average credit facility balance in 2012 as a result of aircraft acquisitions.
AeroCentury is an aircraft operating lessor and finance company specializing in leasing regional aircraft and engines utilizing triple net leases. The Company's aircraft and engines are leased to regional airlines and commercial users worldwide.
(see tables following)
AeroCentury Corp. Selected Financial Information (in thousands, except share and per share data)
For the Three Months
Ended September 30,
For the Nine Months
Ended September 30,
Revenues and other income:
Operating lease revenue
Maintenance reserves revenue
Gain on disposal of assets
Professional fees and other
Income/(loss) before income tax provision/(benefit)
Income tax provision/(benefit)
Earnings/(loss) per share:
Weighted average shares used in earnings per share computations:
Learn how the Norwegian Red Cross used WebRTC to build a service that allows high school student to meet volunteer tutors and get help with their school assignments just by visiting a web page in their browser.
In his session at 2nd WebRTC Summit, Svein Willassen, founder and CTO of ...
The Eclipse IoT community is growing community of open source projects focused on providing the building blocks for the IoT industry. The goal of the community is to provide open source implementations of important IoT standards, frameworks that implement key services for IoT applicati...
IoT is not a new concept. Wikipedia says: “The term Internet of Things was proposed by Kevin Ashton in 1999 though the concept has been discussed in the literature since at least 1991.” In its early stages, the concept relates to the use of radio-frequency identification (RFID) and how...
In our last post "OpenNebula vs. OpenStack: User Needs vs. Vendor Driven" we stated that"OpenStack penetration in the market is relatively small compared with the investment made by vendors and VCs". We have received several emails from people asking for the numbers that support this s...
Red Hat, Inc., on Tuesday announced a comprehensive open source business process management suite, Red Hat JBoss BPM Suite 6, which includes the next version of its business rules platform, JBoss BRMS 6. With JBoss BPM Suite 6, Red Hat brings a combination of business process managemen...
The history of open source has already been written and rewritten a couple of times, so there’s no need to go back to Genesis chapter one and revisit Linus Torvalds’ “just a hobby, won't be big” comments too often.
But open source became more than the sum of its parts and the hobbyist...