first_img Share DAVID Cameron and Obama last night vowed to finally bring an end to dictator Colonel Muammar Gaddafi’s 41-year regime in Libya. In a statement, after the Prime Minister spoke to the US?President, Downing Street said that it “had agreed to work together closely on the swift evacuation of nationals and co-ordinate on possible multilateral measures on Libya.” Foreign secretary William Hague is understood to have told the Libyan regime directly that Gaddafi should go.The Swiss government froze all the colonel’s assets held in the country yesterday and the White House said that a no-fly zone was being seriously considered to stop air strikes against Libyans. But Gaddafi yesterday remained opposed to any concessions and in a rambling 30-minute speech on state television blamed Osama bin Laden and teenagers on drugs for the violence even as protesters closed in on the capital Tripoli.At the same time, forces loyal to Gaddafi continued brutal counter-attacks against rebels holding towns near the capital and moved into defensive positions on the roads in and out of Tripoli. Anti-Gaddafi factions had taken control of the majority of Libya by nightfall with only the capital and outposts in the south and central regions still apparently under the leader’s control. Cameron in bid to end Libya chaos Show Comments ▼ whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo KCS-content center_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Thursday 24 February 2011 9:09 pm whatsapp Tags: NULLlast_img read more

first_imgDangote Cement Plc (DANGCE.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2016 presentation results for the first quarter.For more information about Dangote Cement Plc (DANGCE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Dangote Cement Plc (DANGCE.ng) company page on AfricanFinancials.Document: Dangote Cement Plc (DANGCE.ng)  2016 presentation results for the first quarter.Company ProfileDangote Cement Plc manufactures, packages and distributes cement and related products for the limestone mining, coal production and property investment sectors in Nigeria and the rest of Africa. The company has operations in Nigeria, Benin and Ghana, Cameroon, Congo, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania and Zambia and exports internationally. Dangote Cement Plc operates the largest cement plant in sub-Saharan Africa, the Obajana Cement Plant. Cement bagged and distributed by Dangote Cement Plc is required of the limestone mining, coal production and property investment sectors. Formerly known as Obajana Cement Plc, the company changed its name to Dangote Cement Plc in 2010. The company is a subsidiary of Dangote Industries Limited. Its head office is in Lagos, Nigeria. Dangote Cement Plc is listed on the Nigerian Stock Exchangelast_img read more

first_imgDiamond Bank Nigeria Plc (DIAMON.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2016 interim results for the third quarter.For more information about Diamond Bank Nigeria Plc (DIAMON.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Diamond Bank Nigeria Plc (DIAMON.ng) company page on AfricanFinancials.Document: Diamond Bank Nigeria Plc (DIAMON.ng)  2016 interim results for the third quarter.Company ProfileDiamond Bank Nigeria Plc is a financial services institution in Nigeria operating in the treasury, business banking, corporate banking and retail banking sectors. The company offers a full service bank of products and services ranging from transactional accounts, electronic banking and money transfer services to securities dealing and custodian services; personal, automotive and home loans; MSME loans and diamond leasing services and investment and advisory services. Diamond Bank Nigeria Plc also offers, among others, life insurance products; foreign exchange services; cash management services; capital management and trade services; import finance; treasury bills and investment notes and working capital finance and contract financing. The financial institution’s head office is in Lagos, Nigeria. Diamond Bank Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

first_imgEkoCorp Plc (EKOCOR.ng) listed on the Nigerian Stock Exchange under the Health sector has released it’s 2018 interim results for the first quarter.For more information about EkoCorp Plc (EKOCOR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the EkoCorp Plc (EKOCOR.ng) company page on AfricanFinancials.Document: EkoCorp Plc (EKOCOR.ng)  2018 interim results for the first quarter.Company ProfileEkoCorp Plc provides hospital and medical care services in Nigeria through direct health and medical insurance carriers. These include medical practitioners, dieticians, diabetic nurse educators, foot care specialists and ophthalmologists. Consultant services include general surgery, orthopedic surgery, grammatology, otorhinolaryngology audiology and speech therapy, dental surgery, radiology, Physiotherapy, endoscopy, anesthesia, obstetrics and gynecology, radiotherapy and oncology. EkoCorp Plc offers immunological screening for thyroid antibodies, thyroid adrenal anti-nuclear antibodies and pediatric endocrinology services. Other services address healthcare needs for ENT, dental, vision, auditory, dialysis, pathology, psychiatric and prostate screening and diagnostics. The company also provides extended cover protection for dread disease, medical complications as well as general life insurance cover. A subsidiary of EkoCorp Plc manufactures a range of pharmaceutical preparations. The company’s head office is in Lagos, Nigeria. EkoCorp Plc is listed on the Nigerian Stock Exchangelast_img read more

first_imgKeven Mealamu cited for his tackle on Lewis MoodyFollowing the England v New Zealand match  (Saturday 6 November), the IRB appointed Citing Commissioner for the match, John West (Ireland), has cited the New Zealand player Keven Mealamu for an act contrary to Law 10.4a, striking with the head.The IRB appointed Judicial Officer, Professor Lorne Crerar will hear the case at a date and venue to be confirmed.1,  This November will see a total of 29 matches being played involving International touring sides in the Six Nations territories. All disciplinary and anti-doping arrangements are managed from the Six Nations office in Dublin, with the six Unions having, once again, delegated their duties under IRB Regulations 17 (Illegal and/or Foul Play and Misconduct) and 21 (Anti-Doping) to the Six Nations organisation.2.  Those matches categorised as “Tier 1” internationals by the IRB will have IRB-appointed independent Citing Commissioners and independent single Judicial Officers whereas in all other matches, either involving a “Tier 2” nation or a non-international team, the Six Nations appoints an independent Citing Commissioner and the Chairman of the Six Nations Disciplinary Panel (Professor Lorne Crerar) will appoint an independent three-man disciplinary committee if a hearing is required. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS 3.  In all matches the Citing Commissioner has 48 hours from the end of the match in which to decide whether to cite a player. Hearings for red cards and any citingswill normally be held on the Tuesday or Wednesday following a weekend match.Mealamu will face the minimum of a one-month ban if he is found guilty.  New Zealand head coach Graham Henry said: “He’s been cited for striking the head. It surprises me. He’s probably the cleanest player in the world isn’t he? It was purely accidental as far as I know.”It is understood that Mealamu is to be the only player cited from the Twickenham clash.last_img read more

first_imgKeep track of events in Japan via our Rugby World Cup homepage.Don’t forget to follow Rugby World on Facebook, Twitter and Instagram. Springboks celebrate their Rugby World Cup winIt was a special moment, seeing Siya Kolisi and South Africa lift the Webb Ellis trophy. Their 32-12 victory over England was a stunning demonstration of set-piece power and bullying defence, but also cunning – it was not as obstinate or predictable a display from the Springboks as we had been told to expect and for the first time ever South Africa scored a try (two in fact) in a World Cup final. It was poignant to see what the win meant, after.Related: Springboks win Rugby World Cup powered by hope of a nationBut with any rugby team, the serious stuff was mixed in with the fun, joking and drinking and there was even dancing, dignitaries and royalty thrown into the mix. “He leads by example. He doesn’t hold anything back. He gets his team to follow him and put in the effort every week. He knows how to take control of every situation.”And there were some brilliant moments for families and loved ones. And we got a royal visit too!Royal visit: Tendai Mtawarira with Prince Harry of England (Getty Images)The team sounded their appreciation and looked to the future… Just look at the joy. It can be infectious.Hooker Bongi Mbonambi said immediately after the game that: “We can’t wait to get home to see our loved ones. We knew that this final means a lot to the country, and to us personally. You could see what 1995 and 2007 did, what kind of impact it had on the country.Great day: South African president Cyril Ramaphosa was there (Getty Images)“So, we hope we will have the same impact with this trophy. We can’t wait. We are so excited to bring the trophy home. We are representing the whole nation that needs hope, and we really pray they get hope from this.” Time to slow down: Lethal try-scorer Makazole Mapimpi (Getty Images) Duane Vermeulen echoed Mbonambi’s sentiments, saying: “We were doing it for each other, but we’re also doing it for 57 million people back home in South Africa.“We wanted to be consistent as a team and try to achieve something and, in a way, trying to create hope in the end, so hopefully we achieved that goal tonight.”There was also a lot of love for skipper Kolisi afterwards.Related: Siya Kolisi’s journey from township to Test starProp Steven Kitshoff told the press: “He’s an incredible captain. You see that from playing junior levels back in the Stormers and the way he’s grown as a player.center_img Nothing to see here… Just the #RWC2019 winning coach ‘rehydrating’ @Springboks #RWCFinal #ENGvRSA #RWCYokohama #WebbEllisCup pic.twitter.com/AoffO4Ukfz— Rugby World Cup (@rugbyworldcup) November 2, 2019Snatch a shot: Cheslin Kolbe takes a candid photo (Getty Images)There will be some sore heads today! But after that it was all about celebrating together!Bit of fizz: Frans Steyne gets doused (Getty Images)Lock stock: Franco Mostert, Lood de Jager, RG Snyman and Eben Etzebeth (Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Embrace: Damian de Allende of South Africa with his partner (Gallo Images)Fans and compatriots around the world also made their feelings clear. The best quotes, clips, dances and pics from South Africa’s inspired victorylast_img read more

first_img SHARE USDA Supports Specialty Crop Industry with Multi-State Initiatives Previous articleDuPont Industrial Biosciences & Archer Daniels Midland Company Open Groundbreaking Biobased Pilot Facility in IllinoisNext articlePurdue/CME Group Ag Barometer Declines for Second Month in a Row Hoosier Ag Today Facebook Twitter The U.S. Department of Agriculture (USDA) announced the funding of $7 million to support 11 projects in six states, including Indiana, to develop solutions to challenges affecting the specialty crop industries that cross state boundaries. The awards are managed through the Specialty Crop Multi-State Program (SCMP) administered by the Agricultural Marketing Service (AMS).The 2018 SCMP projects announced include a partnership between the Indiana State Department of Agriculture and Purdue University. The ISDA will partner with Purdue to provide tangible resources, production guidance, and marketing research for farmers who grow cool-season turfgrass sod in 36 northern states. The project will benefit existing sod growers looking to diversify their operations by shifting or expanding acreage to grow new low-input sod varieties. Agronomic and market research along with the enterprise budget tools will allow growers to assess potential profitability and risks of growing low-input sod varieties. New and beginning farmers will also benefit from the project as enterprise budgets will reduce risk and help determine the feasibility of producing low-input sod. The project was awarded $495.635.“The best way to tackle many of the biggest challenges in food safety and to promote markets is to make it easier for a lot of stakeholders to work together,” said USDA Under Secretary for Marketing and Regulatory Programs Greg Ibach. “USDA’s Specialty Crop Multi-State Program provides the grease to help them leverage state and private sector resources across state lines—especially the knowledge and experience of farmers and the agricultural industry.”SCMP strengthens food safety; seeks new ways to address plant pests, disease, and other crop-specific issues; and increases marketing opportunities for specialty crops—fruits, vegetables, tree nuts and dried fruits to horticulture and nursery crops, including floriculture. Funding is awarded competitively to state departments of agriculture that partner with stakeholder organizations in two or more states. By Hoosier Ag Today – May 1, 2018 Home Indiana Agriculture News USDA Supports Specialty Crop Industry with Multi-State Initiatives Facebook Twitter SHARElast_img read more

first_imgBilly Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Limerick Ladies National Football League opener to be streamed live Advertisement Twitter NewsLocal NewsLegal eagles fly to the aid of Pieta HouseBy Alan Jacques – May 10, 2016 1890 Previous articleImelda May to play Live At King John’s CastleNext articleDetectives investigating if Molly moved money to new account after Jason’s killing Alan Jacqueshttp://www.limerickpost.ie Limerick’s National Camogie League double header to be streamed live WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Dan O’Gorman, Colm Kennedy and Noel Gallivan at the coffee morning.Dan O’Gorman, Colm Kennedy and Noel Gallivan at the coffee morning.MORE than €3,000 was raised from a coffee morning in aid of Pieta House in the city last week, which also marked 25 years in business for Dan O’Gorman Solicitors.Based at their offices on O’Connell Street, the fundraising event saw over 100 of the legal eagle’s clients turn up to raise awareness and funds for the suicide and self-harm crisis service.Dan O’Gorman, a past pupil of CBS Sexton Street, told the Limerick Post that he wanted to give something back by supporting a local-based charity to mark his businesses Silver Jubilee, and felt Pieta House fit the bill.Sign up for the weekly Limerick Post newsletter Sign Up “Pieta House provide a listening ear for people in distress. For people who are lost and have nowhere else to turn a listening ear is just what they need,” he commented.Organised by conveyance and probate solicitor Audrey Browne, coffee and cakes were provided last Thursday morning by Limerick Youth Service, of which Dan is a board member.“We all felt it was an excellent idea to donate the money to Pieta House. Nearly every other day now the Coast Guard chopper can be heard over the city or the Fire Brigade are seen down at the river,” Miss Browne explained. Printcenter_img Linkedin RELATED ARTICLESMORE FROM AUTHOR TAGSDan O’Gorman SolicitorslimerickLimerick Youth ServicePieta House Facebook WhatsApp Email Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Predictions on the future of learning discussed at Limerick Lifelong Learning Festival last_img read more

first_img Total assets 25.2 (Unaudited, amounts in thousands) (1,334 Acquisition and integration-related costs c ) % BOCA RATON, Fla.–(BUSINESS WIRE)–Feb 24, 2021– Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) today announced financial results for its fourth quarter and full year ended December 31, 2020. % 10,447 0.13 1,689 2019 1,770 Variance2020 vs2019 ) 0.02 215,606 — Diluted EPS, GAAP 11 % 4,612 Bad debt expense December 31, (0.03 36,088 8 ) 93,423 534 (1,240 16,248 27,204 4 % $ (0.03 — $ 1,954 $ $ $ 3,446 Average Nurse and Allied Staffing revenue per FTE per day q 35,869 618,215 90,924 4 Diluted EPS $ 1,064 (979 December 31, (1,144 0.17 Other intangible assets, net (c) )% 3,571 36,778 166 3.4 % change (0.36 3,396 Net income (loss) attributable to common shareholders (2,186 $ ) Physician Staffing statistical data: — Adjusted EPS* 5,900 % 201 (184 % Income (loss) from operations 2019 (5,351 2,702 0.31 100 $ 228 2,199 11,500 ) $ ) 85,465 136 $ 12,671 “Our performance in the fourth quarter once again demonstrates our ability to deliver the critical staff and support needed by our clients. We continue to see significantly higher demand from COVID, driving increases in both the number of clinicians on assignments as well as higher bill rates for the first quarter of 2021,” said Kevin Clark, Co-founder and CEO for Cross Country Healthcare. Fourth quarter consolidated revenue was $215.6 million, representing an increase of 11% sequentially and flat with the prior year. Consolidated gross margin was 25.2%, up 50 basis points year-over-year and sequentially. Net income attributable to common shareholders was $4.6 million compared to losses of $1.1 million in the prior year and $1.3 million in the prior quarter. Diluted EPS was $0.13 per share compared to losses of $0.03 per share in the prior year and $0.04 per share in the prior quarter. Adjusted EBITDA was $11.5 million or 5.3% of revenue, as compared with $8.3 million or 3.9% of revenue in the prior year, and $8.6 million or 4.4% of revenue in the prior quarter. Adjusted EPS was $0.19 compared with $0.07 in the prior year and $0.12 in the prior quarter. For the year ended December 31, 2020, consolidated revenue was $836.4 million, an increase of 2% over the prior year. Consolidated gross margin was 24.2%, down 60 basis points year-over-year. Net loss attributable to common shareholders was $13.0 million, or a net loss of $0.36 per diluted share, compared to a net loss of $57.7 million, or a loss of $1.61 per diluted share in the prior year. Adjusted EBITDA was $36.3 million or 4.3% of revenue, as compared with $25.5 million or 3.1% of revenue in the prior year. Adjusted EPS was $0.46 compared to $0.15 in the prior year. Full year 2020 results included non-cash impairment charges of $16.2 million, which was comprised of $10.7 million, primarily related to goodwill and customer relationships for the Search business, and $5.5 million related to right-of-use assets and related property and equipment in connection with leases that were vacated during the year. Results for the year ended December 31, 2020 also included $6.1 million in restructuring costs primarily comprised of employee termination costs and lease-related exit costs. Quarterly Business Segment Highlights Nurse and Allied Staffing Revenue was $196.4 million, representing a 3% increase year-over-year and 12% sequentially. Contribution income was $22.3 million, compared to $17.8 million in the prior year and $18.2 million in the prior quarter. Average field contract personnel on a full-time equivalent (FTE) basis were 5,798 as compared with 7,339 in the prior year and 5,403 in the prior quarter. Revenue per FTE per day was $368 compared to $284 in the prior year and $353 in the prior quarter. Physician Staffing Revenue was $16.4 million, a decrease of 18% year-over-year and consistent with the prior quarter. Contribution income was $0.9 million, a decrease compared to $1.0 million in the prior year and an increase compared to $0.8 million in the prior quarter. Total days filled were 9,911 as compared with 11,672 in the prior year and 9,682 in the prior quarter. Revenue per day filled was $1,658 as compared with $1,714 in the prior year and $1,699 in the prior quarter. Search Revenue was $2.8 million, a decrease of 24% year-over-year and an increase of 23% sequentially. Contribution income was $0.6 million, compared to losses of $0.3 million in both the prior year and the prior quarter. Cash Flow and Balance Sheet Highlights Cash flow provided by operations for the quarter was $1.9 million compared to cash flow used in operations of $5.4 million in the prior year and $8.5 million in the prior quarter, with the principal driver being a six day sequential improvement in days’ sales outstanding. Cash flow provided by operating activities for the full year was $27.2 million compared to $5.5 million in the prior year. At December 31, 2020, the Company had $1.6 million in cash and cash equivalents, $53.4 million of borrowings drawn under its asset-based loan facility (ABL), and $18.5 million of letters of credit outstanding. Availability under the ABL is subject to a borrowing base, which was $125.5 million as of December 31, 2020, with $53.6 million available for borrowing as of December 31, 2020. Outlook for First Quarter 2021 The guidance below applies only to management’s expectations for the first quarter of 2021. (100.0 0.06 14,907 8 (184 Facebook 35,247 Gross Profit Margin* 77 (240) bps – (190) bps Net cash used in investing activities % 14,075 247% – 290% ) 6,234 Average revenue per FTE per day is calculated by dividing the Nurse and Allied Staffing revenue per FTE by the number of days worked in the respective periods. Nurse and Allied Staffing revenue also includes revenue from the permanent placement of nurses. Gross profit is defined as revenue from services less direct operating expenses. The Company’s gross profit excludes allocated depreciation and amortization expense. Gross profit margin is calculated by dividing gross profit by revenue from services. — 285.1 There remains a high degree of uncertainty regarding the continued impact from COVID-19 on our business. In particular, the outlook above assumes sequential increases in bill rates and the number of clinicians on COVID assignments, and the continued closures of schools in key markets. As a result of the stronger projected performance for both revenue and Adjusted EBITDA, as well as continued uncertainty from the pandemic, the Company continues the use of wider guidance ranges for the first quarter of 2021. The above estimates are based on current management expectations and, as such, are forward-looking and actual results may differ materially. The above ranges do not include the potential impact of any future divestitures, mergers, acquisitions or other business combinations, changes in debt structure, or future share repurchases. The guidance also reflects the impacts from certain cost actions and actual results may differ depending on timing and further actions it may take. See accompanying Non-GAAP financial measures and tables below. INVITATION TO CONFERENCE CALL The Company will hold its quarterly conference call on Wednesday, February 24, 2021, at 5:00 P.M. Eastern Time to discuss its fourth quarter and full year 2020 financial results. This call will be webcast live and can be accessed at the Company’s website at www.crosscountryhealthcare.com or by dialing 888-566-1099 from anywhere in the U.S. or by dialing 773-799-3716 from non-U.S. locations – Passcode: Cross Country. A replay of the webcast will be available from February 24th through March 11th at the Company’s website and a replay of the conference call will be available by telephone by calling 800-510-0118 from anywhere in the U.S. or 203-369-3808 from non-U.S. locations – Passcode: 2021. ABOUT CROSS COUNTRY HEALTHCARE Cross Country Healthcare, Inc. (CCH) is a leader in providing total talent management including strategic workforce solutions, contingent staffing, permanent placement, and consultative services for healthcare customers. Leveraging our 35 years of industry expertise and insight, CCH solves complex labor-related challenges for customers while providing high-quality outcomes and exceptional patient care. As a multi-year Best of Staffing ® Award winner, CCH is committed to an exceptionally high level of service to both our clients and our healthcare professionals. CCH was the first publicly traded staffing firm to obtain The Joint Commission Certification, which it still holds with a Letter of Distinction. In February 2021, CCH earned Energage’s inaugural 2021 Top Workplaces USA award. CCH has a longstanding history of investing in its diversity, equality, and inclusion strategic initiatives as a key component of the organization’s overall corporate social responsibility program which is closely aligned with its core values to create a better future for its people, communities, the planet, and its shareholders. Copies of this and other news releases as well as additional information about Cross Country Healthcare can be obtained online at www.crosscountryhealthcare.com. Shareholders and prospective investors can also register to automatically receive the Company’s press releases, made with the Securities and Exchange Commission (SEC) filings and other notices by e-mail. NON-GAAP FINANCIAL MEASURES This press release and accompanying financial statement tables reference non-GAAP financial measures, such as gross profit margin, adjusted EBITDA, and adjusted EPS. Such non-GAAP financial measures are provided as additional information and should not be considered substitutes for, or superior to, financial measures calculated in accordance with U.S. GAAP. Such non-GAAP financial measures are provided for consistency and comparability to prior year results; furthermore, management believes they are useful to investors when evaluating the Company’s performance as they exclude certain items that management believes are not indicative of the Company’s future operating performance. Pro forma measures, if applicable, are adjusted to include the results of our acquisitions, and exclude the results of divestments, as if the transactions occurred in the beginning of the periods mentioned. Such non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies. The financial statement tables that accompany this press release include a reconciliation of each non-GAAP financial measure to the most directly comparable U.S. GAAP financial measure and a more detailed discussion of each financial measure; as such, the financial statement tables should be read in conjunction with the presentation of these non-GAAP financial measures. FORWARD LOOKING STATEMENTS In addition to historical information, this press release contains statements relating to our future results (including certain projections and business trends) that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Private Securities Litigation Reform Act, and are subject to the “safe harbor” created by those sections. Forward-looking statements consist of statements that are predictive in nature, depend upon or refer to future events. Words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “suggests”, “appears”, “seeks”, “will”, and “could”, and variations of such words and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results and performance to be materially different from any future results or performance expressed or implied by these forward-looking statements. These factors include, but are not limited to, the following: the potential impacts of the COVID-19 pandemic on our business, financial condition, and results of operations, our ability to attract and retain qualified nurses, physicians and other healthcare personnel, costs and availability of short-term housing for our travel healthcare professionals, demand for the healthcare services we provide, both nationally and in the regions in which we operate, the functioning of our information systems, the effect of cyber security risks and cyber incidents on our business, the effect of existing or future government regulation and federal and state legislative and enforcement initiatives on our business, our clients’ ability to pay us for our services, our ability to successfully implement our acquisition and development strategies, including our ability to successfully integrate acquired businesses and realize synergies from such acquisitions, the effect of liabilities and other claims asserted against us, the effect of competition in the markets we serve, our ability to successfully defend the Company, its subsidiaries, and its officers and directors on the merits of any lawsuit or determine its potential liability, if any, and other factors set forth in Item 1A. “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, and in our other filings with the SEC. You should consult any further disclosures the Company makes on related subjects in its filings with the SEC. Although we believe that these statements are based upon reasonable assumptions, we cannot guarantee future results and readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s opinions only as of the date of this press release. There can be no assurance that (i) we have correctly measured or identified all of the factors affecting our business or the extent of these factors’ likely impact, (ii) the available information with respect to these factors on which such analysis is based is complete or accurate, (iii) such analysis is correct or (iv) our strategy, which is based in part on this analysis, will be successful. The Company undertakes no obligation to update or revise forward-looking statements. All references to “we”, “us”, “our”, or “Cross Country” in this press release mean Cross Country Healthcare, Inc. and its subsidiaries. 16,824 Revenue from services: — (1,144 Loss on derivative g December 31, (l) September 30, 732,815 Total liabilities and stockholders’ equity 1,658 Due to the net loss for the three months ended December 31, 2019 and September 30, 2020, and for the years ended December 31, 2020 and 2019, 472, 228, 340, and 251 shares (in thousands), respectively, were excluded from diluted weighted average shares. $ — 2 Other expense (income), net 0.12 343 December 31, (84 $ 2,008 (8.9 (i) $ 2,033 Operating expenses: 7,113 161,214 18,233 145,965 % December 31, ) 44,870 FTEs p — 173,809 Depreciation and amortization — 213,142 — ) ) 0.10 Q4 2020 Other long-term liabilities 353 (428 544 (Unaudited, amounts in thousands) Acquisition and integration-related costs Operating lease liabilities – non-current (Unaudited) 1,284 — 45,572 836,417 % 75,293 Weighted average common shares outstanding: (Unaudited, amounts in thousands, except per share data) $ Less: Net income attributable to noncontrolling interest in subsidiary 326 Loss on early extinguishment of debt Liabilities and Stockholders’ Equity 215,096 Loss on early extinguishment of debt h 2020 Total 2019 2,199 Other non-current assets 16,248 16,306 Gross profit margin* — (100.0 194,349 (154,737 36,341 $ % Property and equipment, net 0.19 — 13.9 ) December 31, (k) Other expenses (income): 4,867 671 Restructuring costs d 0.02 842 ) 9,911 (Unaudited, amounts in thousands) Net income (loss) attributable to common shareholders Change in cash and cash equivalents 215,606 )% — Nurse and Allied Staffing 291.9 % 382,374 (1.61 % 44,381 )% — ) 280 (68 $ Net income (loss) attributable to common shareholders ) (708 Year Ended 23.4 Tax impact of non-GAAP adjustments Cross Country Healthcare, Inc. 8 ) )% (1,334 Revenue ) % Net income (loss) per share attributable to common shareholders – Basic and Diluted % (188 ) (12,962 Fav (Unfav) 4,822 16,248 Impairment charges (excluding rebranding impacts) f (1,148 Loss from operations 1,600 $ Cross Country Healthcare, Inc. ) Days filled is calculated by dividing the total hours invoiced during the period, including an estimate for the impact of accrued revenue, by 8 hours. 0.05 90 186 820 2020 % $ Current liabilities: 356,973 2020 ) VarianceQ4 2020 vsQ4 2019 % 19 $16.0 million – $18.0 million Nurse and Allied Staffing 1,978 Segment data provided is in accordance with the Segment Reporting Topic of the FASB ASC. December 31, 5,542 (0.01 $ 35,540 ) 2020 (2,940 $ Long-term accrued claims — 3,571 $ Adjusted EPS* $ Other current liabilities Revenue from services % 1,600 $ Impairment charges in 2020 of $16.2 million were comprised of $10.7 million primarily related to goodwill and other intangible assets for the Search business and $5.5 million related to right-of-use assets and related property and equipment in connection with leases that were vacated during the year. Impairment charges in 2019 related to trade name impairment of $14.5 million related to Nurse and Allied Staffing resulting from the Company’s rebranding initiative and $1.8 million related to the Company’s decision to cease use of certain of its leased properties in conjunction with its restructuring plan. Rebranding impairments and accelerated amortization related to finite-lived trade names in connection with the rebranding initiatives. $ 687 (23.6 — $ (55,943 1.25 Restructuring costs are primarily comprised of employee termination costs, lease-related exit costs, and reorganization costs as part of planned cost savings initiatives. 4,509 — Three Months Ended 123 — 17,379 Sequential 845,577 (0.36 503 Applicant tracking system costs i 16,306 17,849 4,612 % ) $ 0.06 NM 4,612 Prepaid expenses % of 100 (1,144 310,388 $ 444 % 323 % Applicant tracking system costs i (69.5 2,033 210 39 608 14,804 5,306 Income tax (benefit) expense b (0.03 % (108 0.4 $ — 6,818 17.0 652 ) 2,316 3,075 December 31, Consolidated Balance Sheets Acquisition and integration-related costs c — 51,900 472 ) 31,732 5,663 bps (p) Revenue per day filled is calculated by dividing revenue as reported by days filled for the period presented. $ — Physician Staffing — 1,600 $ — 671 Loss on derivative 22,265 WhatsApp Contingent consideration 1,071 % of Total (381 Adjusted EBITDA* 77,788 9 Commitments and contingencies 16,964 $ 35,869 (q) ) 5,011 50 1 % — 45,726 364 % (h) 100 Income tax (benefit) expense Acquisition and integration-related costs include costs for prior acquisitions, costs incurred for potential transactions, and accretion and valuation adjustments related to the contingent consideration liability for the Mediscan acquisition. Nurse and Allied Staffing statistical data: Search )% 27,204 (68 ) Equity compensation (22.6 820 $ 191,417 0.09 1,714 2,890 Loss on early extinguishment of debt h 444 $ 4,252 Net income attributable to noncontrolling interest in subsidiary — 70,974 (22,010 505 218,874 Segment Data l ) (8.9 9 8,286 0.01 0.05 757,949 (12,962 77 — 3,035 ) (36.6 2019 (19.3 Nonrecurring income tax adjustments 2020 ) 2020 2020 % of September 30, $ 41.7 % $ 600 687 11,832 — (184 ) — ) (9,160 Adjusted EPS: j 26.8 1,978 (15,711 Cross Country Healthcare, Inc. Reconciliation: Legal settlements and fees e 600 — 837 0.01 2,030 Impairment charges (excluding rebranding impacts) f 17.3 Rebranding impairments and accelerated amortization f % 16,248 1,804 ) Accrued employee compensation and benefits Stockholders’ equity: Total current assets Adjusted EBITDA* 6,052 Selling, general and administrative expenses 1,032 ) 154,375 — ) Loss on early extinguishment of debt h December 31, (r) — Total current liabilities ) $ 209,943 (15,711 (1,124 (11 Income (loss) from operations $ 1,032 $ 36,176 5,403 — 295 10 $ Weighted average common shares – basic, GAAP ) Contribution income (loss): m 12,351 (400) bps – (350) bps 26,938 Year Ended Applicant tracking system costs i (156 $ Restructuring costs d 0.04 $ Non-current deferred tax liabilities 34,831 0.04 $ Operating lease liabilities – current 36,404 $ Denominator: ) 3,571 570 5,306 36,088 (12.2 53,408 )% Nonrecurring income tax adjustments (898 340 251 215,606 36,088 Corporate overhead n — 36,428 1,071 Adjusted EBITDA a $ ) 210 $ (9,160 837 — % ) % 3,247 Local NewsBusiness (a) Fav (Unfav) % 1,770 Acquisition and integration-related costs c (57,713 836,417 837,935 ) — Three Months Ended ) 3,247 % Effect of exchange rate changes on cash 0.16 % Physician Staffing 1,929 Three Months Ended Search — 0.05 — 1,071 25.2 0.03 Restructuring costs d 0.05 Rebranding impairments and accelerated amortization f $ 1,284 1,048 (0.04 0.48 Loss on derivative g Depreciation and amortization 22.1 (108 Facebook Pinterest 633,685 Insurance recovery receivable bps — % $ $ Additional paid-in capital 2,199 2019 SELECTED FINANCIAL INFORMATION: Interest expense $center_img 2,316 (0.01 $ % 14,075 Non-GAAP adjustments – pretax: Net cash provided by (used in) operating activities ) 2020 Reconciliation of Non-GAAP Financial Measures 52.5 $ % 0.09 2 Net income (loss) attributable to common shareholders 16,306 31.2 $ (57,713 Legal settlement charges e % ) — 170,003 (12,330 0.12 2020 284 ) 2020 )% Assets Current assets: Total $ 0.98 Nurse and Allied Staffing 1,032 December 31, 0.16 3,497 Loss on early extinguishment of debt for the year ended December 31, 2019 consists of write-off and extinguishment costs related to the refinancing of our debt in the fourth quarter of 2019, and the write-off of debt issuance costs in the prior quarters related to optional prepayments on our term loan made in the first and second quarters and an optional reduction in borrowing capacity under our prior revolving credit facility. 91 Numerator: Loss on derivative represents the amount paid to terminate an interest rate hedge related to our term loan that was refinanced in October 2019. 6,592 ) Legal settlement charges $ 0.46 166 $ $ % Adjusted EPS, non-GAAP j 2,316 2,803 — Goodwill 0.45 View source version on businesswire.com:https://www.businesswire.com/news/home/20210224005831/en/ CONTACT: Cross Country Healthcare, Inc. William J. Burns, 561-237-2555 Executive Vice President & Chief Financial Officer [email protected] KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: GENERAL HEALTH HEALTH PROFESSIONAL SERVICES NURSING HUMAN RESOURCES SOURCE: Cross Country Healthcare, Inc. Copyright Business Wire 2021. PUB: 02/24/2021 04:15 PM/DISC: 02/24/2021 04:15 PM http://www.businesswire.com/news/home/20210224005831/en 101,066 Trade names, indefinite-lived 4,698 (10 690 % 44,957 368 $ 18,298 Adjusted weighted average common shares – diluted, non-GAAP $ 2019 % 382,374 ) ) Accounts payable and accrued expenses ) 822,224 $ 215,096 5,337 Restructuring costs d 608 $ Cross Country Healthcare Announces Fourth Quarter and Full Year 2020 Financial Results 842 24.2 (0.1 — Dilutive impact of share-based payments k 38,987 1.7 4,878 836,417 — Adjusted EPS, a non-GAAP financial measure, is defined as net income (loss) attributable to common shareholders per diluted share before the diluted EPS impact of acquisition and integration-related costs, restructuring costs, legal settlements and fees, impairment charges, rebranding impairments and accelerated amortization, gain or loss on derivative, loss on early extinguishment of debt, gain or loss on sale of business, applicant tracking system costs, and nonrecurring income tax adjustments. Adjusted EPS should not be considered a measure of financial performance under GAAP. Management presents Adjusted EPS because it believes that Adjusted EPS is a useful supplement to its reported EPS as an indicator of operating performance. Management believes it provides a more useful comparison of the Company’s underlying business performance from period to period and is more representative of the future earnings capacity of the Company. 4,627 19,070 % $ Year Ended $ Year-over-Year ) 193,968 1,600 (29.6 Cross Country Healthcare, Inc. 7,995 8,598 Acquisition and integration-related costs c $ $ — 687 Common stock 1 % 31,307 12,499 Total liabilities — (1,280 December 31, % 30% – 37% 879 ) (0.36 Cash and cash equivalents at beginning of period ) Total Cross Country Healthcare, Inc. stockholders’ equity 1,600 162,632 Noncontrolling interest in subsidiary bps 868 $ 36,322 Accumulated other comprehensive loss $ $ 50 ) (n) 6,890 (Unaudited, amounts in thousands) 14,075 % 0.07 161,935 ) 1,699 — $ 78 % of 166 % $ 2019 2019 $ (12,142 1,600 Contribution income is defined as income (loss) from operations before depreciation and amortization, acquisition and integration-related costs, restructuring costs, legal settlement charges, impairment charges, and corporate overhead. Contribution income is a financial measure used by management when assessing segment performance. 1,470 Revenue from services: 202,064 % Dollars are in thousands, except per share amounts 827 31,732 $ 144 842 )% Summary Condensed Consolidated Statements of Cash Flows 175,244 (1,334 6,052 FTEs represent the average number of Nurse and Allied Staffing contract personnel on a full-time equivalent basis. 0.02 % 25,468 (17.9 — 11.2 183,111 — Q1 2021 Range 35,815 16,452 39% – 57% $ 4,666 (1,169 3,571 568 — $ Corporate overhead includes unallocated executive leadership and other centralized corporate functional support costs such as finance, IT, legal, human resources, and marketing, as well as public company expenses and corporate-wide projects (initiatives). 67,934 3,668 $ 2,998 4,627 201 11,502 $ 1,284 25,412 % Other Financial Data 89 (28.8 166 $ Pinterest 100 — (188 2020 Restructuring costs d 34 201 Impairment charges f % Search Contribution income (loss): m 3,619 (57,713 0.07 (0.04 11,500 Total % 1,954 (992 1,978 7,339 September 30, % 1,034 ) 0.05 )% ) ) (381 $ 64,353 $ Depreciation and amortization 19,409 December 31, % 4,612 186 Other expense (income), net 18,586 Loss on disposal of fixed assets (8,426 Cash and cash equivalents % ) — ) (10 $ (2 (f) 2020 Income (loss) before income taxes (1,846 15,234 4,627 Revenue per day filled s 942 2,316 32.3 ) Full Year 2020 (156 (184 $ 24.7 — — * Refer to discussion of Non-GAAP financial measures below. ) Total 5,403 687 $ (12,962 )% 63.6 (b) 10.0 169 23,777 1,355 27.9 690 84.5 % (956 ) $ 36,177 0.19 46,246 — 11,672 189.8 — Impairment charges f 1,681 $ December 31, % of 1,048 2,998 % change 305,643 36,066 % $0.33 – $0.38 $ % 154,909 2019 183,357 December 31, Other current assets 193,968 $0.32 – $0.37 89 36,322 3,554 1,742 18,752 Net cash (used in) provided by financing activities ) % $ 33% – 40% % ) 2,758 ) 10,534 163,500 (2,044 $ 2,030 ) 2.6 December 31, (2,827 ) 36,176 ) — December 31, $ Cash and cash equivalents at end of period )% December 31, % 43 4,037 544 35,815 40,804 74,605 Twitter Consolidated net income (loss) 5,663 (24,211 Adjusted EBITDA: a — ) — — — December 31, ) )% Search 66,288 (g) 21.2% – 21.7% Fav (Unfav) ) 2020 144 601 181,959 — Legal settlements and fees e ) $ Acquisition and integration-related costs c $ Adjusted net income attributable to common shareholders – non-GAAP 36,778 — 391 6,052 $ % ) Accounts receivable, net 842 $ 100.0 % (20 5,798 Interest expense — 35,869 Consolidated gross profit margin o ) (17,599 1,929 $ 0.13 — % Physician Staffing $ Year-over-Year Change $ $ 3,247 Year Ended 3,446 $280 million – $295 million ) $ ) (308 0.15 (12,962 (823 91 169 1,470 6,052 — 0.46 61.7 Cross Country Healthcare, Inc. (8,456 ) 77 2019 Operating lease right-of-use assets 1,032 201 Applicant tracking system costs are related to the Company’s project to replace its legacy system supporting its travel nurse staffing business. These costs are reported in selling, general and administrative expenses on the consolidated statement of operations and included in corporate overhead in segment data. Restructuring costs $ 36,177 100 2 (4,615 6,097 Legal settlements and fees e Cross Country Healthcare, Inc. 323 — 364 Sequential Change % $ % Tax impact of non-GAAP adjustments 1,071 Total operating expenses % December 31, $ * Refer to accompanying tables and discussion of Non-GAAP financial measures below. Nurse and Allied Staffing 77 36,176 ) 24.7 35,815 356,973 Revolving credit facility (0.05 7,523 12.1 1 By Digital AIM Web Support – April 6, 2021 VarianceQ4 2020 vsQ3 2020 822,224 9,458 Cash flows from operations (1.61 Accumulated deficit $ 6,037 1,600 $ 12,671 Basic 1,470 ) $ ) )% ) $0.13 – $0.18 % Three Months Ended 938 (141,775 December 31, September 30, Days filled r ) 5,900 9 2020 49,877 2019 ) $ $ Impairment charges f Total stockholders’ equity 0.03 Adjusted EBITDA, a non-GAAP (Generally Accepted Accounting Principles) financial measure, is defined as net income (loss) attributable to common shareholders before interest expense, income tax (benefit) expense, depreciation and amortization, acquisition and integration-related costs, restructuring costs, legal settlements and fees, impairment charges, gain or loss on derivative, loss on early extinguishment of debt, gain or loss on disposal of fixed assets, gain or loss on sale of business, other expense (income), net, equity compensation, applicant tracking system costs, and includes net income attributable to noncontrolling interest in subsidiary. Adjusted EBITDA should not be considered a measure of financial performance under GAAP. Management presents Adjusted EBITDA because it believes that Adjusted EBITDA is a useful supplement to net income attributable to common shareholders as an indicator of operating performance. Management uses Adjusted EBITDA for planning purposes and as one performance measure in its incentive programs for certain members of its management team. Adjusted EBITDA, as defined, closely matches the operating measure typically used in the Company’s credit facilities in calculating various ratios. Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by the Company’s consolidated revenue. 24.2 — Loss on derivative g % — 24.7 0.02 (60 ) Consolidated Statements of Operations Direct operating expenses $ 24.8 $ 169,528 2,890 2020 TAGS  16,019 (18 $ 282 (2,788 (14,987 Corporate overhead n — 9,682 December 31, 20,011 Year-over-Year $ 0.03 Revenue ) % change (38 2020 0.01 $ Year Ended $ % 946 Income tax expense for the year ended December 31, 2019 includes $35.8 million of expense related to the establishment of valuation allowances on our deferred tax assets in the second quarter. 12,671 $ (d) 1,340 % Legal settlements and fees include legal settlement charges as presented on the consolidated statements of operations as well as legal fees pertaining to non-operational legal matters which are included in selling, general and administrative expenses. For the year ended December 31, 2019, we incurred legal settlement charges pertaining to the resolution of a medical malpractice lawsuit in excess of carrier limits as well as a California wage and hour class action settlement. For the year ended December 31, 2020, we incurred $3.0 million in legal fees related to an ongoing legal matter outside the normal course of operations. ) Diluted 196,374 446 Depreciation and amortization 0.2 2,272 (297 (j) ) ) (e) WhatsApp 0.13 Physician Staffing September 30, Impairment charges (m) (o) Three Months Ended December 31, 16,429 5,455 NM-Not meaningful. — )% (s) Non-GAAP adjustments – pretax: (600 1,978 % Twitter 9 ) Previous articleLOGIX Announces the LOGIX Texas Metro Fiber Network to Deliver Dense Last Mile Connectivity for Wholesale CarriersNext articleJill Biden says things get better, including after divorce Digital AIM Web Supportlast_img read more

first_img You Might Like BREAKING GROUND: Ceremony marks beginning of Publix development: ‘I just can’t tell you how excited we are to be here’ Representatives of the City of Troy, Harbert Realty Services, Publix Super Markets Inc. and the PIke County Economic Development Corp…. read more Book Nook to reopen Troy falls to No. 13 Clemson Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthTop 4 Methods to Get Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Published 3:00 am Wednesday, December 23, 2015 Pike County Sheriff’s Office offering community child ID kits Sponsored Content By Jaine Treadwell By The Penny Hoarder Print Article Remember America’s heroes on Memorial Daycenter_img Above Jimmy Barron is one of the dozens who volunteered to help man the 21 smokers and prepare meals for the Turkeys from Heaven effort in Pike County. Inset below, the younger volunteers helped color and decorate the bags that accompanied the meals.When a community comes together at Christmastime to do something really good for others, then, maybe, it’s as the Grinch said. “What if Christmas doesn’t come from a store? What if Christmas … perhaps …means a little bit more!”The Troy community came together in large numbers Tuesday in a way that demonstrated that Christmas does mean a little bit more.For the second year, the collective Troy community prepared Christmas meals for the benefit of families and individuals around in and Pike County. Email the author TIME TO SHARE: ‘Turkeys from Heaven’ volunteers rally to feed 300 families Plans underway for historic Pike County celebration Latest Stories “It’s Troy out here,” he said. “This is a community effort and this is what Christmas is all about – doing for others.”“Turkeys from Heaven” originated with Kelly Sanders of Troy. She spearheads the project each year but is quick to say that it is a community effort that was inspired by a friend in Dothan who leads the Wiregrass “Turkeys from Heaven project. Hundreds of people contribute to Turkeys from Heaven in Troy but no one is counting.“This isn’t about us,” Sanders said. “It’s about others.”And, to a one, those involved said Turkeys from Heaven is an opportunity to “give back” at Christmas time. And it’s also an opportunity for young people to be involved. Before sunrise Tuesday, a brigade of grill masters fired up 21 “smokers” to cook 300 turkeys to be delivered at noon to families in Troy and Pike and Crenshaw counties. In the kitchen at The Emporium, women were making green bean casseroles and others were bringing homemade desserts through the door. Young people were coloring the delivery bags and others were packing the bags. Drivers were getting their delivery lists and, in the background, there was humming of the songs of the season.“All of us here are more blessed than we deserve,” said Taylor Jinright, who helps plan and organize the annual project. “We are blessed to have this opportunity to give back to our community.”Wayne Bolt said he appreciates the opportunity to do for others and it’s heartening to see so many of his buddies involved. “I want my kids to know how good it feels to do something for someone else,” said Amanda Challancin. “I want them to do like Jesus said and serve others.”Nicklaus Chryssom said doing for others does generate a warm feeling.“As young people, Turkeys from Heaven makes us aware that there are others that don’t have the things we have and it makes us more caring about others and more grateful for what we have.”Gratitude was the word that Dr. John Crosby chose to describe the response he received when delivering “Turkeys from Heaven” meals to those less fortunate.“They say ‘thank you’ and there is a sense of gratitude that comes through,” Crosby said. “The people are truly thankful. They are sincere in their gratitude. And, for me, this today, is what Christmas is all about. This is the spirit of Christmas.”Kelly Sanders said last year’s “Turkeys from Heaven” project provided about 180 meals for families in Troy and Pike County.“The response was so encouraging that we decided to provide 300 meals this year,” she said.“Everyone has been so supportive and so giving. Hopefully, next year we’ll do even more because there are many families that could benefit from a Christmas meal. We might not be able to provide meals for all those in need but we can try.” The Penny Hoarder Issues “Urgent” Alert: 6 Companies…last_img read more