MRO » Topics » Unallocated Administrative Expense

This excerpt taken from the MRO 8-K filed Jan 5, 2006.

Unallocated Administrative Expense

 

Total administrative expense for the quarter is expected to be approximately $70 to $85 million.  This includes non-cash equity-based compensation expense estimated to be $10 to $15 million for the fourth quarter.

 



 

This excerpt taken from the MRO 8-K filed Oct 7, 2005.

Unallocated Administrative Expense

 

Administrative expense for the quarter, excluding costs related to equity-based compensation (primarily stock appreciation rights), is now expected to be approximately $70 to $80 million versus the previous guidance of $65 to $70 million.   The increase primarily results from our previously announced contributions to hurricane relief efforts.  Non-cash equity-based compensation expense is estimated to be $35 to $40 million for the third quarter. This non-cash expense is a result of the approximately $15.50 per share increase in Marathon’s common stock price during the quarter.

 

This excerpt taken from the MRO 8-K filed Jul 13, 2005.

Unallocated Administrative Expense

 

Administrative expense for the quarter, excluding costs related to equity based compensation (primarily stock appreciation rights), is now expected to be approximately $70 million versus the previous guidance of $65 million.  Non-cash equity based compensation expense is estimated to be $20 to $25 million for the second quarter. This non-cash expense is a result of the approximately $6.50 per share increase in Marathon’s common stock price during the quarter.

 

This excerpt taken from the MRO 8-K filed Apr 7, 2005.

Unallocated Administrative Expense

 

Administrative expenses for the quarter will include approximately $33 million in non-cash expenses related to equity based compensation (stock appreciation rights) resulting from an increase of more than $9 per share in Marathon’s common stock price during the quarter.

 

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