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:
Compuware APM is pleased to announce the latest update to our FREE Compuware/dynaTrace AJAX Edition which now also supports Firefox 3.6 until version 25 and also Internet Explorer 6 through 10 + Experimental IE11 Support. Download it for free from our AJAX Edition Download page.
“Step right in. You will witness a show of magic and wonders, passion and trust, speed and misunderstandings.” a (slightly altered) catch phrase that keeps popping in my head when talking to companies in regards to managing Content Delivery Networks (CDN). Apart from the misconce...
Agile project management and not just project management is the need of the hour. We've all heard about agile software development, and agile project management is a leaf out of the same book. Much like the former that follows an iterative approach towards software development, t...
APM is entering into a period of intense competition of technology and strategy with a multiplicity of vendors and viewpoints. While the nomenclature used within its space has five distinct dimensions that elucidate its meaning, the very acronym of APM is in question: Application...
A project management office contributes value to its organization by helping executives make informed, portfolio-based decisions regarding project prioritization and resource allocation. This case study shows how a PMO can accomplish this mission more effectively by delivering va...