HTF welcomes first cohort

first_imgThe Harvard Graduate School of Education is pleased to announce that 20 Harvard College seniors have been selected as the first cohort of Harvard Teachers Fellows (HTF) — an innovative program designed to create pathways for Harvard College undergraduates to enter a teaching career.“I am absolutely delighted to welcome these 20 fellows to the HGSE community. As Harvard undergraduates, these students could choose any career path imaginable. They have chosen teaching, and, to me, there is no higher calling,” said Dean James Ryan. “I am both deeply thankful for their commitment to this work and incredibly excited to have them all as part of our inaugural class. I have no doubt that they, alongside Harvard Teacher Fellows Program alumni for years to come, will have a powerful impact on the lives of students. And I hope that their example inspires others at Harvard, across the Ivy League, and beyond to follow in their footsteps and to choose teaching as a career.”The program, designed by HGSE faculty experts in teaching and learning, was created in response to the growing interest in education among Harvard undergraduates. It was also designed to respond to the need for more well-prepared teachers by drawing Harvard undergraduates into the teaching profession. Read Full Storylast_img read more

Judge: Texan charged in Capitol riot can go on Mexico trip

first_imgDALLAS (AP) — A federal judge has granted permission for a West Texas flower shop owner charged in last month’s riot at the U.S. Capitol to take a work-related four-day trip to Mexico. U.S. District Judge Trevor McFadden on Friday said in the order granting Jenny Cudd’s request for travel later this month that neither her pretrial services officer nor prosecutors opposed the request. The judge says she had no criminal history and said there was no evidence she was a flight risk or posed a danger to others. She was indicted this week by a federal grand jury on five charges related to the riot.last_img

Navy weekend features Compton rally, flyover

first_imgWith one home football game left on the 2013 schedule, director of game day operations Mike Seamon said Saturday’s Navy game weekend went “incredibly well,” despite the chaos from an influx of visitors to campus. “The Notre Dame-Navy relationship is certainly one of the most special relationships in all of college football, and we think this past weekend was a testament to that,” Seamon said. “Whenever we play Navy at home, we have a very high number of guests visit campus. We see a large number of Notre Dame fans who have a very sincere respect and high level of admiration for the Naval Academy, so they always mark this weekend to visit campus.” Seamon said more than 100,000 people came to campus for the weekend, and one of the highlights was the Blue Angels flyover for the first time this year. “We’ve been working hard with our ROTC programs and the military over the course of the past several months to try to get a flyover for one of our home games,” he said. “The sequester presented a unique challenge to [that]. Thankfully, the Blue Angels were open to coming to the Notre Dame-Navy game to celebrate our special relationship with a flyover. “Two of the six jets were piloted by both a Naval Academy graduate and a Notre Dame graduate. We were grateful that the weather cleared just in time for the flyover and the game.” Friday’s pep rally was the first ever to be held in the Compton Family Ice Arena, Seamon said, and drew a crowd of about 7,000 people. “We decided to take advantage of the hockey team being on the road last weekend and open up the facility to our fans and guests, as many of them had never had the opportunity to visit the new facility,” he said. “We were able to honor and recognize the Blue Angels as part of the rally, [and] we received an overwhelmingly positive response to holding the rally in Compton, as everyone thought it was a loud environment.” The stadium tunnel tour Friday saw a season-high total as well, with 5,190 participants, Seamon said. The Friday luncheon had 1,000 attendees. Phil Johnson, director of Notre Dame Security Police, said despite the early rain, the day turned out well from his group’s standpoint. “Traffic ran smoothly, and there were no crashes,” Johnson said. “Police made two custodial arrests Saturday. One man was arrested for shoplifting and possession of marijuana, the other for public intoxication.” Johnson said police also issued citations for underage drinking to two local young people who were loitering in campus parking lots during the game. Post-game traffic was more normal than traffic at the previous weekend’s USC game, Seamon said. “Overall, it was another special weekend celebrating the long-standing Notre Dame-Navy relationship,” he said. Contact Ann Marie Jakubowski at [email protected]last_img read more

Three New COVID-19 Deaths Reported In Chautauqua County On Wednesday

first_imgMAYVILLE – Three new deaths linked to COVID-19 were reported in Chautauqua County on Wednesday.The county Health Department’s COVID-19 Dashboard reports the deaths involved a 50-year-old and two 80-year-olds. There have now been 36 deaths linked to the virus locally since the pandemic started.Also announced on Wednesday were 113 new cases of the virus, with 651 now active.Of the cases, 49 people are hospitalized, down from 51 in yesterday’s report. The seven-day average percent positivity rate increased from 11 percent to 12.2 percent.To date there have been 4,309 COVID-19 cases Chautauqua County, with 3,619 people recovering.More date reported by health officials is posted below:COVID-19 Cases by ZIP Code of Residence 615.8 0.56% 14728- Dewittville0 534.9 3 80-89151 14063- Fredonia10 0.7% 31 0.50% 10.60% 14062- Forestville0 20 Zip Code 4.0% 2.7% Yes2431 68 3.9% 26.5% Number 14081- Irving0 76 3 115 0.3% 96.8 14775- Ripley1 14750- Lakewood9 0.3% 288.5 21 0 1.2% 17 7 0.91% 14723- Cherry Creek1 4309 0.47% 14701- Jamestown42 14767- Panama1 15 520.2 651 12.62% 14712- Bemus Point3 17.2% 113 2.6% 34 12.35% 0.0 1141 98 2.3% 111 394.2 100.0% 14787- Westfield2 3 24.01% 9 570 13 1 Number 0 Symptoms 95.8 2 18.24% 164.0 7 29 24 14724- Clymer1 COVID-19 Cases by Known Age 5 70-7911 211.8 44 30-39559 NYS Fatality Rate: 4.06%US Fatality Rate: 1.7%Source: John Hopkins University COVID-19 Tracker 12/29/2020 Active Case Rate (per 100,000 residents) 39 870.0 COVID-19 Cases by Presence of Symptoms at Time of Interview 157 14710- Ashville2 31 0.8% 0.00% 185.4 0-19544 3.6% 1.65% 0 509.8 135 186 14738- Frewsburg3 Fatality Rate 395.5 6.59% 3.87% 90+71 45 0.3% 174 14726- Conewango Valley1 276.7 14 Percent 73 1.0% 14784- Stockton1 All Ages39 14136- Silver Creek3 Percent of Total Cases 13.99% 0.4% 14740- Gerry1 4.23% 2.1% 150.9 2.1% 3 5 1 0.8% 14138- South Dayton0 12 506.4 3.2% 14720- Celoron1 No768 691.0 20-29786 0.7% 468.1 3.4% 52 14782- Sinclairville1 0.7% 36 36 6 502.5 246.4 136 5 40-49603 13 40-493 233.0 147 Total 14 14718- Cassadaga1 70-79284 1.6% 0 Symptoms Known3199 502.1 0.8% 14757- Mayville1 60-69532 Age 13.2% 17 636.1 92 0.0 390.2 50-593 12.97% 742 14769- Portland1 14716- Brocton2 12.35% 0.3% 0.5% 13 14048- Dunkirk15 18 3.50% 14722- Chautauqua0 Age Group 166 0.0 14733- Falconer2 Percent 14747- Kennedy5 13 60-693 239.3 0.0% 1.7% 90.6 517.9 14781- Sherman3 50-59642 277.2 0-390 17 952.2 Active Cases 1.0% 14736- Findley Lake0 Total Cases New Cases 92 Total Deaths 80-8916 Fatality Rate by Age Group 90+3 3 75.99% Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Broadway Grosses: The Great White Way Celebrates Its Busiest Memorial Day Week Yet!

first_imgWith Memorial Day Weekend, the Great White Way has officially begun welcoming summer crowds and box offices are off to a great start this season. In fact, this Memorial Day week was both the highest grossing and best attended in recorded Broadway history. 11 shows were part of the millionaire’s club, with The Lion King leading the pack (breaking the $2 million mark). Usual suspects Wicked, The Book of Mormon, Kinky Boots and Aladdin rounded out the top five. And at the grand old age of 26, The Phantom of the Opera made it into the top five shows by capacity. Those Fleet Week sailors must be Norm Lewis and Sierra Boggess fans. Here’s a look at who was on top—and who was not—for the week ending May 25: UNDERDOGS (By Gross) 5. Act One ($458,136)  4. Violet ($408,945)  3. Rock of Ages ($326,452) 2. Casa Valentina ($277,233) 1. Mothers and Sons ($198,844) Source: The Broadway League FRONTRUNNERS (By Gross) 1. The Lion King ($2,006,651) 2. Wicked ($1,881,975) 3. The Book of Mormon ($1,734,588) 4. Kinky Boots ($1,545,334) 5. Aladdin ($1,207,953) UNDERDOGS (By Capacity) 5. The Cripple of Inishmaan (80.04%) 4. Bullets Over Broadway (77.38%) 3. Rocky (73.04%) 2. Act One (72.50%) 1. Mothers and Sons (47.76%) *Number based on 7 regular performances FRONTRUNNERS (By Capacity) 1. The Book of Mormon(102.63%) 2. Hedwig and the Angry Inch (102.28%)* 3. A Gentleman’s Guide to Love and Murder (101.20%) 4. Beautiful: The Carole King Musical (100.43%) 5. The Phantom of the Opera (100.41%) View Commentslast_img read more

Rain Spoiling Georgia’s Cotton Crop

first_imgWhen rain keeps on dropping, you can’t pick very much cotton. Cottonthat gets wet loses its value. And, for Georgia farmers, that’s no reasonto whistle Dixie.”We’ve had over 20 inches of rain since Sept. 25,” said SteveBrown, a University of Georgia ExtensionService agronomist. “Rain on cotton that’s ready to harvest reallydeclines its color, its quality, its grade and makes for considerable lossesto Georgia farmers.”Brown estimates those losses to be between $50 million and $100 millionjust in quality factors alone in the 1997 Georgia crop. The crop has alreadybeen damaged by late-summer drought and insects.Last year, Georgia ranked third in the nation’s cotton production, behindTexas and California, bringing in more than 2 million bales from nearly1.35 million acres harvested.”Statistics indicate that we still have harvested only about 77 percentof our crop, compared to the more than 90 percent normally harvested atthis time,” Brown said. “Almost 25 percent of the crop is still in thefield and farmers are really pushing to get it out.”Continued rainy weather is halting the harvest.”A lot of folks are discouraged,” Brown said. “Fields are so wet, it’sgoing to take considerable drying before they can get back in and harvest.”Patience has always been the hallmark of prudent farmers, and this yearis no different.”Keep plugging,” Brown advised. “When you get days of sunshine thatallow you back in the field, try to make the most of it. Get just as muchcotton as absolutely possible.”Getting in the field is a cinch.ÿ Getting out of the field is asticky and expensive problem for farmers.”Most farmers who have picked cotton the past few weeks have been stucknumerous times, too many to count,” Brown said. “There is so much incentiveto get in the field.ÿ And yet when you get stuck, there’s a lot ofmachinery that can be bent and twisted and damaged. So it’s a trade- off.”Dry weather is still a ways off as rain still dominates the forecast.”It just means more delayed harvest,” Brown said. “We’re going to seecotton harvested well into January, I suspect, in some areas of the state.”Mother Nature did keep Jack Frost at bay until mid-November, which Brownsays is the best farmers can hope for.”The cool weather really hasn’t been positive or negative,” he said.”We didn’t get an early October freeze. That would have killed us.ÿBut not seeing cold weather until mid-November in most places in Georgiaprobably helped us.ÿ The plants were able to make a little more cottonthat we otherwise would have lost.”Despite widespread drought, last year’s state average production was747 pounds per acre. Since August, this year’s crop estimates have beencoming down, down, down, Brown said. The latest USDAestimate, released Dec. 10, predicts a harvest of 662 pounds per acre inGeorgia.”We could wind up with an average of 100 pounds below last year,” hesaid. “It may even be more than that.”last_img read more

Water Better.

first_img The holes help water get down to the roots, where turf grasses can use it, said Gil Landry, a turf scientist with the UGA College of Agricultural and Environmental Sciences. “By aerating, we get more water into the soil,” Landry said. “It loosens the soil, too.” Improving water movement into the soil, he said, encourages deeper rooting, too. And with deeper roots, your lawn won’t need watering as often and will be less vulnerable to drought. Use a commercial-grade aerator. “You’ll probably have to rent one,” Landry said. “But it really helps the grass survive a drought.” Getting Water to Roots Another key to helping your lawn use water better, Landry said, is to watch the grass. You may not be used to checking whether the lawn needs water. But the grass will show you. “It starts to turn slightly off-color,” he said. “Slightly gray — that’s the first indication.” When the grass needs water, it needs a good drink. “Science tells us to water once per week,” he said, “or the least frequently, the better.” Watering your lawn a few minutes each day only moistens a thin layer near the soil surface. “The roots grow in this shallow layer,” he said, “instead of going deeper into the soil. “One good watering of about an inch a week encourages the grass to grow deeper roots,” he said, “improving its chances of surviving a drought.” Water the lawn at night to keep from losing so much water to evaporation. “It’s best to water after sundown, when we have little or no wind,” he said, “or early in the morning before 10 o’clock.” Watch the Grass On a good day, Ronald Wilson mows about 10 lawns, and so far he doesn’t see any effects of the ongoing Georgia drought. “The lawns we’ve been cutting have been looking pretty and green,” said the Tifton, Ga., lawn maintenance worker. “There’s no dry to them.” But with the current drought expected to continue, Georgia lawns could have a hard time staying alive this summer. A University of Georgia scientist says homeowners have a number of ways they can stretch their rain and irrigation further. One way is to beat up their lawns. No, it’s not lawn abuse. It’s a machine called an aerator, which punches holes in the soil. Water Deeply Adjust Mower If the drought deepens this summer, Landry says to adjust the cutting height of the lawnmower upward a notch, or about a half-inch higher than usual. “This gives the grass more leaf,” he said. “It allows it to develop more roots and withstand the stress of a drought better.” Don’t just pour on the fertilizer, either. Test your soil to see if the lawn needs fertilizer, Landry said. Then make decisions based on the soil test results. If the drought deepens, don’t fertilize as much, he said, since the grass won’t be growing as fast.last_img read more

FairPoint Q1 revenues down, broadband subscribers increase

first_imgQuarter ended Other assets and liabilities, net Deferred income taxes (Unaudited) 1,948 897,313(15,552)(10,352)1,375(16,591) 1Q11  Reported4Q10  Reported3Q10  Restated2Q10  Restated1Q10  Restated Proceeds from issuance of long-term debt Revenue: (41,245) ‘ 3493772,20710526 (12,477) (7,752) –1,3978,30710,436 (264,534)(6,413)7,33010,245(3,501) 34 $ 562,484$ (74,987)$ (66,084)$ (54,178)$ (86,330) 84,29474,60672,36471,47271,382 Post-retirement accruals All other allowed adjustments, net (2e) Non-cash reorganization costs (income) (1,141) Days Ended (5,901) Net change Supplemental Financial Information (201) (722) Claims payable and estimated claims accrual Depreciation and amortization ($ in thousands, except units) $ 562,484$ (74,987)$ (66,084)$ (54,178)$ (86,330) Months Ended (3,423) 109,355 (21,463)(34,810)(33,151)(35,616)(34,604) 5,103 (1,100) (48,832)(18,212)(29,911)(30,182)(31,634) 3 2,182 827,018(68,574)(73,414)(64,423)(82,829) Net cash provided by (used in) operating activities 1,236 Total adjustments Condensed Consolidated Statements of Cash Flows ‘ payable, estimated claims accrual or liabilities subject Income tax benefit (expense) Interest expense 986 91,35892,12895,92396,18296,856 105,497 (95,235) 30,258 33,583 Reorganization items (1) Other non-cash items, net (2b) Voice services 5,513 Prepaid and other assets (Restated) 28,49527,50426,69128,96127,067 Other income (expense): 219732(999)959859 Consolidated EBITDAR (1,667) Consolidated EBITDAR margin (82,764) 2,068 Reorganization adjustments: 276,204 (40,407) $586,907$(86,330) 2,418 Successor Company Predecessor Company Sixty-Six Twenty-Four 17,32614,94811,39518,78814,739 Days Ended (866) 177 (912,270)16,0961,066(8,509)1,327 (298) $   49,085$   83,987$   59,203$   72,294$   60,784 (26,485) Operating expenses, excluding depreciation, amortization and reorganization 21,515 2,736—- Capital additions included in accounts payable, claims ‘ 779 (11,996) Accrued interest payable Other non cash items Consolidated Communications,FairPoint Communications, Inc. (Nasdaq: FRP) (FairPoint or the Company), a leading provider of communications services, today announced its financial results for the first quarter ended March 31, 2011. Revenue was $254.8 million in the first quarter of 2011 as compared to $270.8 million a year earlier. Revenue was $254.8 million in the first quarter of 2011 as compared to $268.0 million in the fourth quarter of 2010. Consolidated EBITDAR was $49.1 million in the first quarter of 2011 as compared to $60.8 million a year earlier.  First quarter 2010 Consolidated EBITDAR was favorably impacted by the add-back of $10.4 million related to the net effect of a financial restatement. (see table below)As previously announced, the Company will host a conference call and simultaneous webcast to discuss its results at 2:00 p.m. (EDT) on Tuesday, May 17, 2011.High-speed Internet subscribers increased over 13,600, or 4.8% year-over-year, with over 56% of the increase coming during the first quarterVoice access line loss continued to improve to 9.6% annually from 10.3% reported in the prior quarterNet Income, including Cancellation of Debt Income of $1,351.1 million, increased to $562.5 millionversus a Net Loss of $86.3 million a year earlierRevenue was flat sequentially from fourth quarter 2010, after adjusting for one-time items”We are encouraged by the operational improvements taking hold,” said Paul H. Sunu, CEO of FairPoint.  “We believe the recently announced fiber-to-the-tower project, along with the increase in high-speed Internet subscribers and the reduction in the rate of voice access line loss are all leading indicators of expected future revenue growth.  As we’ve said before, this is a transition year for FairPoint and we’re excited about the organic revenue growth opportunities in our markets.”High-speed Internet penetration increased to 27% of voice access lines at March 31, 2011, which represents the highest level since FairPoint acquired the northern New England assets on March 31, 2008.  The addition of over 7,700 high-speed Internet subscribers was also the largest quarterly increase since FairPoint took over the northern New England properties.  Company-wide, year-over-year voice access line loss slowed for the fourth consecutive quarter to 9.6%.  In addition, continued service quality improvements led to a decline in penalties of $5.1 million versus a year earlier.  FairPoint ended the quarter with revenue of $254.8 million and Consolidated EBITDAR(1) of $49.1 million.  Included in the first quarter Consolidated EBITDAR was the impact of a $13.5 million expense related to the annual vacation award for northern New England employees.  This annual vacation expense is recorded by the Company in the first quarter of each year.  Adjusting for this item, Consolidated EBITDAR would have been approximately $62.6 million in the first quarter of 2011.Operating and Regulatory HighlightsOperating metrics continue to improve.  For example, sustained improvements in retail service quality indicators such as faster call center answer times and shorter installation and repair intervals resulted in lower retail penalties of $0.4 million in the quarter versus $4.3 million a year earlier, an improvement of$3.9 million.  In addition, continued improvements in wholesale service quality metrics resulted in lower wholesale penalties of $1.4 million in the quarter versus $2.6 million a year earlier, an improvement of $1.2 million.High-speed Internet subscribers increased 4.8% year-over-year, compared to a 0.4% increase in the fourth quarter of 2010 and a 5.5% decline in the first quarter of 2010.  The rate of voice access line loss slowed to 9.6% annually versus 10.3% in the fourth quarter of 2010 and 12.4% a year earlier.FairPoint continued its northern New England broadband expansion efforts by announcing it has brought high-speed Internet access to hundreds more communities and neighborhoods in Maine, New Hampshireand Vermont.  As of March 31, 2011, FairPoint offers broadband service to more than 83% of customers in Maine, more than 85% of customers in New Hampshire and more than 80% of customers in Vermont.  The Company is on track to meet its 2011 regulatory broadband commitments.On April 14, 2011 the Company announced an initial network build which will bring fiber to more than half of the approximately 1,600 wireless communications towers it serves in its northern New England service footprint.  With this strategic investment, FairPoint will further enhance its next-generation IP/MPLS network, branded as VantagePoint(sm), and will be uniquely positioned to capture the growth in mobile data usage by providing Ethernet backhaul to wireless carriers.Financial HighlightsFirst Quarter 2011 as compared to First Quarter 2010Revenue was $254.8 million in the first quarter of 2011 as compared to $270.8 million a year earlier.  The$16.0 million decrease was primarily the result of the 9.6% decline in voice access lines year-over-year, which led to decreases in voice services and access revenue. Partially offsetting the decline was the improvement in service quality penalties discussed above and a 5.3% increase in data and Internet services revenue.Operating expenses, excluding depreciation, amortization and reorganization, were $216.6 million in the first quarter of 2011 as compared to $231.1 million a year earlier.  The favorable variance of $14.5 million, or 6.3%, was primarily the result of reductions in contracted services, data and voice transport and bad debt expense.Consolidated EBITDAR was $49.1 million in the first quarter of 2011 as compared to $60.8 million a year earlier.  First quarter 2010 Consolidated EBITDAR was favorably impacted by the add-back of $10.4 million related to the net effect of a financial restatement. Excluding the benefit from this financial restatement add-back, Consolidated EBITDAR for the first quarter of 2010 would have been $50.4 million.  The $1.3 million decrease year-over-year is primarily explained by the decrease in revenue mostly offset by operating expense reductions as discussed above.Net income was $562.5 million in the first quarter of 2011 as compared to a net loss of $86.3 million a year earlier, First quarter 2011 net income benefited from a one-time pre-tax gain of $911.3 million related to the reorganization, which included $1,351.1 million of Cancellation of Debt Income.Capital expenditures were $53.7 million in the first quarter of 2011 as compared to $40.4 million a year earlier.  Major capital initiatives in 2011 include the continued expansion of the VantagePoint(sm) network, the fiber-to-the-tower build, regulatory broadband commitments in northern New England, information technology improvements and enhancements, success-based capital projects for targeted revenue opportunities and network and facilities maintenance.First Quarter 2011 as compared to Fourth Quarter 2010Revenue was $254.8 million in the first quarter of 2011 as compared to $268.0 million in the fourth quarter of 2010.  Revenue was essentially flat quarter-over-quarter after adjusting fourth quarter 2010 revenue for the one-time benefit of a $12.7 million service quality penalty reversal.Operating expenses, excluding depreciation, amortization and reorganization, increased $5.0 million to $216.6 million as compared to $211.6 million in the fourth quarter of 2010.  As previously reported, the majority of the Company’s employees are entitled to their annual vacation allowance on January 1st of each year.  Accordingly, the Company recognized $13.5 million of vacation expense on January 1, 2011, which will be amortized over the balance of the year as vacation is used.  In addition, fourth quarter 2010 operating expenses included certain one-time non-cash charges related to project abandonment, inventory obsolescence and other non-recurring items which totaled approximately $14.8 million.  Adjusting for these items, first quarter 2011 expenses would have been $203.1 million compared to $196.8 million for the fourth quarter of 2010.  The increase of $6.3 million was primarily driven by a $12.5 million change in bad debt expense, which was partially offset by expense reductions in other areas such as contracted services.  First quarter 2011 bad debt expense was approximately 2.2% of revenue, while in the fourth quarter of 2010 the Company benefited from a reduction in the bad debt allowance as a result of improved collections activity.Consolidated EBITDAR declined $34.9 million to $49.1 million as compared to $84.0 million in the fourth quarter of 2010.  The first quarter of 2011 was unfavorably impacted by the $13.5 million annual vacation expense.  In addition, the fourth quarter of 2010 was favorably impacted by the one-time revenue benefit of the $12.7 million service quality penalty reversal.  Adjusting for these items, Consolidated EBITDAR would have been approximately $62.6 million in the first quarter of 2011 compared to $71.3 million in the fourth quarter of 2010.  The $8.7 million unfavorable variance quarter-over-quarter is primarily the result of the$12.5 million change in bad debt expense discussed above, partially offset by operating expense reductions in other areas such as contracted services.Capital expenditures were $53.7 million in the first quarter of 2011 as compared to $40.9 million in the fourth quarter of 2010.2011 GuidanceWhile the Company is encouraged by the fact that revenue in the first quarter of 2011 was essentially flat versus the fourth quarter of 2010 on an adjusted basis, the full year 2011 revenue guidance of $1,060 to $1,090 million is unlikely to be achieved. The Company does not intend to provide new revenue guidance.  However, the Company continues to believe that it can achieve the low end of its Consolidated EBITDAR guidance of $260 to $280 million through cost reduction initiatives, many of which are already underway, and revenue growth.Fresh Start AccountingOn January 24, 2011, the Company emerged from Chapter 11 bankruptcy protection and its Plan of Reorganization became effective. For purposes of generally accepted accounting principles, the Company adopted fresh start accounting as of January 24, 2011, whereby the Company’s assets and liabilities were marked to their fair value as of the date of emergence.  Accordingly, the Company’s condensed consolidated statements of financial position and operations for periods after January 24, 2011, will not be comparable in many respects to periods prior to the adoption of fresh start accounting.Conference Call InformationAs previously announced, FairPoint will host a conference call and simultaneous webcast to discuss its first quarter 2011 results at 2:00 p.m. (EDT) on Tuesday, May 17, 2011.Participants should call (800) 706-7741 (US/Canada) or (617) 614-3471 (international) at 1:50 p.m. (EDT)and enter the passcode 31415391 when prompted.  The title of the call is the Q1 2011 FairPoint Communications, Inc. Earnings Conference Call.A telephonic replay will be available for anyone unable to participate in the live call. To access the replay, call (888) 286-8010 (US/Canada) or (617) 801-6888 (international) and enter the passcode 61310099 when prompted.  The recording will be available from Tuesday, May 17, 2011, at 5:00 p.m. (EDT) throughTuesday, May 31, 2011, at 11:59 p.m. (EDT).A live broadcast of the earnings conference call will be available via the Internet atwww.fairpoint.com/investors(link is external). An online replay will be available shortly thereafter.Use of Non-GAAP Financial MeasuresThis press release includes certain non-GAAP financial measures, including but not limited to Consolidated EBITDAR and adjustments to GAAP measures to exclude the effect of special items. Management believes that Consolidated EBITDAR may be useful to investors in assessing the Company’s operating performance and its ability to meet its debt service requirements, and the maintenance covenants contained in the Company’s credit facility are based on Consolidated EBITDAR. In addition, management believes that the adjustments to GAAP measures to exclude the effect of special items may be useful to investors in understanding period-to-period operating performance and in identifying historical and prospective trends. However, the non-GAAP financial measures, as used herein, are not necessarily comparable to similarly titled measures of other companies. Furthermore, Consolidated EBITDAR has limitations as an analytical tool and should not be considered in isolation from, or as an alternative to, net income or loss, operating income, cash flow or other combined income or cash flow data prepared in accordance with GAAP. Because of these limitations, Consolidated EBITDAR and related ratios should not be considered as measures of discretionary cash available to invest in business growth or reduce indebtedness. The Company compensates for these limitations by relying primarily on its GAAP results and using Consolidated EBITDAR only supplementally. A reconciliation of Consolidated EBITDAR to Net Income is contained in the attachments to this press release.About FairPointFairPoint Communications, Inc. (Nasdaq: FRP) (www.FairPoint.com(link is external)) is a leading communications provider of high-speed Internet access, local and long-distance phone, television and other broadband services to customers in communities across 18 states. Through its fast, reliable data network, FairPoint delivers data and voice networking communications solutions to residential, business and wholesale customers. VantagePoint(sm), FairPoint’s resilient IP-based network in northern New England, provides business customers a fast, flexible, affordable Ethernet connection.  VantagePoint(sm) supports applications like video conferencing and e-learning. Additional information about FairPoint products and services is available at www.FairPoint.com(link is external).Cautionary Note Regarding Forward-looking StatementsSome statements herein are known as “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.  These forward-looking statements include, but are not limited to, statements about the Company’s plans, objectives, expectations and intentions and other statements contained herein that are not historical facts. When used herein, the words “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions are generally intended to identify forward looking statements. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements, including the Company’s plans, objectives, expectations and intentions and other factors. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of the date hereof. The Company does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.  However, your attention is directed to any further disclosures made on related subjects in the Company’s subsequent reports filed with the SEC.Certain information contained herein may constitute guidance as to projected financial results and the Company’s future performance that represents management’s estimates as of the date hereof. This guidance, which consists of forward-looking statements, is prepared by the Company’s management and is qualified by, and subject to, certain assumptions. Guidance is not prepared with a view toward compliance with published guidelines of the American Institute of Certified Public Accountants, and neither the Company’s independent registered public accounting firm nor any other independent expert or outside party compiles or examines the guidance and, accordingly, no such person expresses any opinion or any other form of assurance with respect thereto. Guidance is based upon a number of assumptions and estimates that, while presented with numerical specificity, are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company’s control and are based upon specific assumptions with respect to future business decisions, some of which will change. Management generally states possible outcomes as high and low ranges which are intended to provide a sensitivity analysis as variables are changed but are not intended to represent actual results, which could fall outside of the suggested ranges. The principal reason that the Company releases this data is to provide a basis for management to discuss the Company’s business outlook with analysts and investors. The Company does not accept any responsibility for any projections or reports published by any such outside analysts or investors. Guidance is necessarily speculative in nature, and it can be expected that some or all of the assumptions of the guidance furnished by us will not materialize or will vary significantly from actual results. Accordingly, the Company’s guidance is only an estimate of what management believes is realizable as of the date hereof. Actual results will vary from the guidance and the variations may be material. Investors should also recognize that the reliability of any forecasted financial data diminishes the farther in the future that the data is forecast. In light of the foregoing, investors are urged to put the guidance in context and not to place undue reliance on it.(1)  Consolidated EBITDAR means earnings before interest, taxes, depreciation, amortization and restructuring items as defined in the Company’s new credit facility.  Consolidated EBITDAR is a non-GAAP financial measure.  A reconciliation of Consolidated EBITDAR to Net Income is contained in the attachments to this press release.  Cash flows from investing activities: 3,454 458 Reorganization costs paid 10,68610,99212,0369,97910,240 Changes in assets and liabilities arising from operations: 71,382 19.3%31.3%22.7%26.6%22.4% Loss before reorganization items and income taxes 10,70211,69612,41811,47712,460 Provision for uncollectible revenue Reorganization expense (post-emergence) (1) Cash, beginning of period Net income (loss) 2,654 Income (loss) before income taxes (48) 130 3,170 (709) Net capital additions (667,998) Data and Internet services (in thousands) (1,096) 1,818 Access Non-cash pension and OPEB expense (2a) Net cash (used in) provided by financing activities March 31, 2011 Total revenue FAIRPOINT COMMUNICATIONS, INC. AND SUBSIDIARIES 8,058 FAIRPOINT COMMUNICATIONS, INC. 9,017 (8,517) 180 Loss from operations Other services 84,29474,60672,36471,47271,382 Repayment of capital lease obligations Three (41,248) (917,358) 977 (211) Distributions from investments 303,612286,204290,541301,745302,435 10,262 (1,500) 23,888 Accounts payable and accrued liabilities 160,184 Three months ended March 31, 2010 71,120 Pension accruals 264,5346,413(7,330)(10,245)3,501 Adjustments to reconcile net income to net cash provided by 216,582211,598218,177230,273231,053 Total other income (expense) (81,091) Restructuring costs (2c) Accounts receivable $ 124,225$ 136,664$ 125,598$ 134,943$ 134,418 13,918 Depreciation and amortization (70,295)(53,022)(63,062)(65,798)(66,238) (Unaudited) operating activities: Loan origination costs Net cash used in investing activities 254,780267,992260,630271,563270,801 Operating expenses: $10,262$145,980 Cash flows from financing activities: 8,133 Restricted cash Supplemental disclosure of cash flow information: 46,697 Summary Income Statement: Cash flows from operating activities: Restricted cash – cash claims reserve (12,477) March 31, 2010 Other income (expense), net Cash, end of period$15,416 3,207 62,779 32,687 subject to compromise at period-end (521) 73,854 33,810 (40,399) 36,625 12,812 5,154 ‘ Depreciation and amortization Net income (loss) Sixty-Six Days ended March 31, 2011, Twenty-Four Days ended January 24, 2011 and Interest expense Total operating expenses Consolidated EBITDAR Reconciliation: Income tax (benefit) expense 8 14,381 (21,812)(35,187)(35,358)(35,721)(34,630) CHARLOTTE, N.C., May 16, 2011 /PRNewswire/ — January 24, 2011 379 Restatement impact, net (2d) 8,064 ‘ 11,110 21,81235,18735,35835,72134,630 Net (loss) income$(24,423)last_img read more

Grateful for County Waste gift of bikes

first_imgCategories: Letters to the Editor, OpinionRe Dec. 13 article, “Bikes for Tikes”: Recently, a truck and trailer from County Waste visited our Early Learning Center on Bigelow Avenue in Schenectady.An incredible team from County Waste delivered 39 bikes and helmets to some very special Schenectady kids. These kids are from families who struggle with poverty and who may struggle to get that special gift for their children during the holidays. On behalf of those 39 very grateful families whose kids will soon be cruising around on new sets of wheels, we want to thank County Waste from the bottom of our hearts.Wendy HopkinsonAlbanyThe writer is executive program director of Early Childhood Services Northern Rivers Family of Services.More from The Daily Gazette:EDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Beware of voter intimidationFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Find a way to get family members into nursing homeslast_img read more

More mental health workers needed to address effects of COVID-19

first_imgPita, a Jakarta resident who asked to use a pseudonym for this article, said anxiety had kept her from sleeping for several days at a time during the pandemic. Social distancing prevented her from gathering with her friends and going out, which had helped her cope with her stress before the outbreak.She said she felt bad for reaching out to her usual therapist, who was busier than usual during the pandemic. She could either make a video call or meet her therapist in person at Mintoharjo Naval Hospital (RSAL Mintoharjo), a COVID-19 referral hospital, to obtain her psychological test results. The latter was a riskier choice.She initially hesitated to do an online consultation because of the lack of privacy in her home, where she lived with her siblings, but she managed to obtain the results on Monday on a video call. “The internet connection is slow and there are only a few psychiatrists. And even if it is online, it is also a matter of compatibility. I’ve found one that I am comfortable with after talking to six others,” Pita said. “It’s complicated.”Pita is one of many who have felt the pinch of Indonesia’s longstanding shortage of clinical psychologists and psychiatrists, exacerbated by the COVID-19 outbreak despite patients’ need for regular access to mental health care.According to the World Health Organization (WHO), access to mental health treatment is critical. Failure to take people’s emotional well-being seriously during the pandemic, the organization says, will lead to long-term social and economic costs to society.“There is no health without mental health,” said Indonesian Clinical Psychology Association (IPK) chairwoman Indria Laksmi Gamayanti, quoting the WHO. “When mental health is ignored, there will be a decline in productivity and people’s character development.” Read also: Three stages of emotion on COVID-19 journey: Where are you now?Indria said Indonesia was already lacking clinical psychologists before the COVID-19 pandemic, but the current surge in virus-related inquiries had stretched mental health resources further. She said the deficit-stricken national health insurance (JKN) program had yet to include clinical psychological services in its scheme despite high demand for it.The 2018 Basic Health Survey (Riskesdas) shows that 7 in 1,000 households in Indonesia have members who experience psychosis or schizophrenia. In addition, about 6 in every 1,000 households have members below 15 years old who are enduring depression.No national data is currently available about the number of mental health workers and patients during the pandemic. However, past data shows that Indonesia lacks the mental health resources to cope with the country’s needs.With a population of about 250 million in 2016, the country had only about 773 psychiatrists – approximately one for every 323,000 people, the Health Ministry told Tempo in 2016. The figure is a far cry from the WHO’s recommendation of having one psychiatrist and psychologist for every 30,000 people.An article in The Conversation in 2018 argues that the country needs 7,500 mental health workers to provide sufficient psychiatric services for its population, basing the figure on the WHO’s benchmark. They estimated that the country could only meet 16.3 percent of its needs.Read also: Less than 1,000 psychiatrists for 260 million IndonesiansThe WHO warned last month that the world could risk a “massive” increase in mental health issues in the coming months if nations neglected investment in such services.“It is now crystal clear that mental health must be treated as a core element of our response to and recovery from the COVID-19 pandemic,” WHO chief Tedros Adhanom Ghebreyesus said.To alleviate the burden, the Social Affairs Ministry, the Indonesian Professional Social Workers Association (IPSPI) and the Indonesian Social Work Consortium (KPSI) launched a set of psychosocial services on May 12. They include a 24/7 hotline for online consultation and regular webinars for mental health education.”The psychosocial service programs can reduce the emotional burden on individuals and society. The proper handling of the community’s emotional condition will also help the community’s readiness and endurance in the current situation,” Social Affairs Minister Juliari Batubara said.The government has introduced a psychological consultation service, called the Psychological Services for Mental Health (Sejiwa) program, to improve mental health during the coronavirus outbreak.Read also: Psychological consultation hotline launched in virus-stricken IndonesiaCounseling and development center Personal Growth CEO and founder Ratih Ibrahim said services like Sejiwa would not be effective without a sufficient number of clinical psychologists. She encouraged universities to increase access to clinical psychology programs and to shorten the period of study needed to be a clinical psychologist. According to IPK chairwoman Indria, Indonesia only has 17 universities that offer psychology majors.center_img Ratih’s firm found that 33 percent of the 327 cases recorded on its free online counseling platform from March to May were related to COVID-19. Some 9 percent of the 23 complaints involving children aged 13 to 17 were COVID-19-related.“Don’t underestimate the figures. If we generalize it to a larger population, the trend will likely be the same,” Ratih said.Topics :last_img read more