You are emotionally in control this year and are more likely to put practical responsibilities first, so you will repress your emotions when you need to. You can also use this to expand on your intuition and positivity in your relationships. This is an important year for expressing your feelings, because you are at a time when sharing all you feel will accelerate your growth, helping you to build on your maturity through the experience of shared emotions with others. With the conjunction, trine or sextile, you will feel more at ease with all you do and you will continue to act with straight-forward clarity and passion. With the opposition or square, it is implied your motivations throughout the year will arise from situational conflicts and a need for external change. With the conjunction, trine or sextile, we are more able to seek comfort in our relationships and there is much more harmony between these and our financial position. With the opposition or square, we may find that we have to make uncomfortable compromises in order to pursue finances or vice-versa. With the conjunction, trine or sextile, you’ll be able to satisfy your own needs while finding satisfactory, creative outlets for your emotions. You may also find that communicating your needs to your loved ones is quite difficult. With the opposition or square, you may find it hard to make good decisions based on your most basic, internal needs. With the conjunction, trine or sextile, there is a greater sense of ease and harmony, both personally and within our relationships. With the opposition or square, an internal conflict is suggested, which is often accompanied by urges to adjust our core responses to the world in order to improve our lives. Our emotional needs and our conscious personalities are represented here, therefore aspects between these will be telling of whether we’re in a place of harmony or conflict within ourselves throughout the year. The aspects to our Moon in our solar return chart can provide us with insight into how this is happening. As we mature throughout the years, we develop different emotional needs that need to be fulfilled in order for us to further mature and grow. It provides a predictive interpretation of your year ahead starting from your birthday, yet their energies can sometimes be felt up to three months prior, especially for highly sensitive or empathic people.Īs the Moon in your natal chart is a reflection of your underlying temperament throughout your life, the Moon in your solar return chart is a reflection of the underlying temperament you have as it shifts and changes from year to year. To briefly explain, your solar return chart is a subsidiary chart of your natal chart and it is calculated newly each year as the transiting Sun moves over your natal Sun. This will hopefully give you a more wholesome view of what is happening. In this article, I am going to go into some detail about what it means when your Moon is aspecting the other planets in your solar return chart. I have so far written about the solar return Sun and Moon and what these mean according to which of the houses they fall into in your solar return chart. I have written some previous articles on the solar return chart, in which I explained how helpful they can be in interpreting your year ahead through the unique and fascinating lens of astrology.
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Bake until the dish bubbles around the edges, about 15 minutes. Transfer the macaroni and cheese to the prepared baking dish and top with the buttered breadcrumbs. Add the drained macaroni to the cheese sauce and mix thoroughly.įor the topping: In a small bowl, stir the breadcrumbs with the butter until the crumbs are moistened. Continue to cook, stirring constantly, until the sauce thickens. Partially cover the pot and cook until the squash is tender when poked with a fork, 15 to 20 minutes. Place the squash cubes in a medium saucepan. Sprinkle the bread crumb mixture over the rotini mixture. Peel and seed the squash, then cut the flesh into 34-inch cubes. Talk about a quadruple threat To say that this mac and cheese is cheesy is an understatement. A combo of Muenster, mild cheddar, sharp cheddar, Monterey Jack, and Velveeta. Stir the soup, milk, cheese and rotini in a 1-quart casserole. Use unsalted butter because the sauce is already pretty loaded with salt. Slowly whisk in 1 cup of the milk and then whisk in the remaining 1 cup milk. While the oven is heating, stir the bread crumbs and butter in a small bowl. Using a wire whisk, stir in the flour and salt, stirring and cooking over medium heat until the roux bubbles and the flour turns pale brown, about 3 minutes. Whether you stir it on the stovetop, bake it until golden-brown in the oven or zap a quick, one-bowl version in your microwave, mac and. Drain well.įor the cheese sauce: Meanwhile, melt the butter in a 1-quart saucepan. 72 Macaroni and Cheese Recipes That Are Absolute Perfection. Make the roux: Melt the butter in a saucepan over medium heat. Cook until the pasta is al dente, then drain and set aside. Add the pasta and a generous amount of salt. Cook the pasta: Bring a large amount of water to boil in a large pot. Bring the water back to a boil and cook the macaroni until tender, about 12 minutes. Heat the oven to 400☏: Rub the 9x13-inch baking dish with a little butter. This baked macaroni and cheese may be the most versatile dish ever. To the macaroni, add 1 1/2 cups of shredded cheeses, half and half, the cubed cheese and the eggs, and the seasoned salt and pepper. In a large bowl, combine all of the shredded cheeses. Meanwhile, in a small saucepan, melt 8 TB of the butter. Butter a 2-quart casserole dish.īring 4 quarts of water to a boil in a large saucepan. Cook for 7 minutes, or until somewhat tender. For the macaroni: Preheat the oven to 350 degrees F. The state also bans firearms on school grounds, except by those authorized to carry them or for use in approved school programs, according to the Giffords Law Center. The school district describes Bostrom High School as an “alternative center” that provides a “small school environment that focuses on student-centered learning while simultaneously supporting the whole student.”Īrizona does not ban semi-automatic rifles, but prohibits minors from buying or possessing a gun without written consent from a parent or guardian, according to the Giffords Law Center to Prevent Gun Violence, a nonprofit gun control advocacy group. Robert Scherer directed further questions about the student's bail status, when he is next due in court and the potential sentence he could face if convicted to the Maricopa County Attorney's Office and the Juvenile Department of the Maricopa County Superior Court.Īn official with the Maricopa County Attorney's Office said the office "does not comment on juvenile cases." The police spokesperson said the investigation is ongoing. "We recognize the severity of this situation and the fear and anxiety it causes our students and staff," the letter said, adding that there would be "social-emotional support available at school" for students and staff. Officials will also host a meeting with parents in the school cafeteria on Monday night, the letter states. In a letter sent to families Sunday, school officials said there would be additional safety measures in place Monday "out of an abundance of caution," and that no backpacks would be allowed on campus this week. "As always, the safety and well-being of our staff, students, and visitors remains our top priority, and we will work with law enforcement as they continue to investigate," the statement added. That’s why you should wear Prasiolite jewelry on Friday or Venus’s day of the week. It attracts positivity, beauty, abundance, intuition, protection, and wisdom. Astrologically, Prasiolite is ruled by the planet Venus. What will inspire you? A green prasiolite in 14kt yellow gold or sterling silver? Or would you prefer to make a statement in a bold 10 carat prasiolite cocktail ring – or a cushion-cut green prasiolite pendant necklace with a light, minty hue in a halo of diamonds? Whatever you’re seeking, green prasiolite jewelry is an elegant choice for any occasion and makes a fabulous gift for a birthday, wedding anniversary or holiday surprise. It’s also ruled by the Mountain God Apu and the Goddess of Fertility, Brigit. These green crystals will open both the crown. Prasiolite will assist you to express personal emotion, and it will link the energy of the heart with the crown chakra. But like all of our prasiolite jewelry creations, the green prasiolite ring, bracelet, necklace or earrings you simply must have can only come from inspiration. Prasiolite Green Amethyst is a member of the quartz crystal family, so it is a strong amplifier of energy, and is a powerful stone to utilize within your daily crystal meditation. Ross-Simons' jewelry artists travel the globe in search of the many sources and characteristics of green prasiolite, bringing you the best of the beautiful. Prasiolite is very rarely natural, it is almost always artificially heat treated or irradiated to produce the green tones from Amethyst, these colours are. Often described as stunning, chic and rich looking, green prasiolite is an affordable, versatile option – and its appeal continues to rise. Lively and wearable, green prasiolite can be enjoyed by everyone. A rare stone in nature, nearly all green prasiolite is created by heating amethyst, the most precious member of the quartz family of gemstones – turning it the surprisingly beautiful translucent green coveted by so many. Radiating a lush, pale green light, prasiolite is the color of nature itself, making it a striking paradox of a gem. Even if your less into design and more into content strategy you may find some redeeming value with, wait for it, dummy copy, no less.Prasiolite Jewelry in Silver and Gold from Ross-Simonsĭiscover why so many are singing the praises of green prasiolite. Anyway, you still use Lorem Ipsum and rightly so, as it will always have a place in the web workers toolbox, as things happen, not always the way you like it, not always in the preferred order. Design is no afterthought, far from it, but it comes in a deserved second. You begin with a text, you sculpt information, you chisel away what's not needed, you come to the point, make things clear, add value, you're a content person, you like words. Safe delivery, ensures the movement of goods in a short time. Other names for this crystal include Greened Amethyst, Lime Citrine, and Vermarine. It’s these inclusions that give Green Quartz its beautiful and unique coloration. Prasiolite is a type of Quartz that contains inclusions such as Chlorite, and Actinolite. It is commonly associated with healing and growth. Green Quartz is the most common name for the stone called Prasiolite. This stone is related to the heart chakra and can help with healing. It has a color similar to peridot, but it’s much rarer than peridot and is typically considered more valuable. Feeling disconnected Align with your Higher Self and unify your heart and mind with Prasiolite This green. Not so fast, I'd say, there are some redeeming factors in favor of greeking text, as its use is merely the symptom of a worse problem to take into consideration. Prasiolite is a luke-greenish stone that is a variety of quartz. Prasiolite (Green Amethyst) Medium Tumbled Stone. A wonderful serenity has taken possession of my entire soul.Īuthorities in our business will tell in no uncertain terms that Lorem Ipsum is that huge, huge no no to forswear forever. When, while the lovely valley teems with vapour around me, and the meridian sun strikes the upper surface of the impenetrable foliage of my trees, and but a few stray gleams steal into the inner sanctuary, I throw myself down among the tall grass by the trickling stream. Like these sweet mornings of spring which I enjoy with my whole heart. I should be incapable of drawing a single stroke at the present moment and yet I feel that I never was a greater artist than now. Find these bags in all shapes and sizes on 1stDibs. These bags - as well as the stylish messenger bags that have materialized during the 20th century - weren’t bound by gender when they first appeared, and they certainly aren’t today.įor an alluring alternative to a satchel or backpack, luxury houses and various legendary brands such as Gucci, Prada, Chanel, Louis Vuitton and others offer a wide range of crossbody bags and messenger bags for the discerning bag enthusiast. In our modern era, there is a vast range of iconic handbags and other bags to choose from.Ĭrossbody bags, which were designed to be worn on one side of the body so that the long strap is looped over the opposite shoulder, have been popular and versatile accessories over time, thankfully improving upon the medieval-era crude leather and silk coin purses that Europeans fastened to their belts as well as the drawstring pouches of the Renaissance, which held money as often as they did flowers and spices. As craftspeople grew in skill, and the choice of materials and dyes increased, the bags’ exteriors were embellished to please the eye and signify status. Coach Houston Map Signature Messenger Bag - 573 - Charcoal/Black. /rebates/2fshop2fmen2fbags2fmessenger-crossbody&. Bag design evolved notably during the later Middle Ages to meet the needs of increasingly prosperous, sophisticated and diverse societies. 1-48 of 102 results for 'coach messenger crossbody'. For as long as we’ve needed to carry around personal items to and from our homes, handbags of some fashion have been in our lives. Our love for vintage handbags and purses goes back a long time. This is a sophisticated accessory - it sits flat against your body and provides easy access to your belongings at all times. The Hayden Foldover Crossbody Clutch comes with a detachable strap that. Shopee Coach C4147 Men Bag Fashion One-Shoulder Messenger Bag New Trend Casual Camera Bag Classic. Coach Blue Hayden In Signature Color Block Medium Cross Body Bag Price in India. Free shipping on many items Browse your favorite brands affordable prices. Shopee Ad Ocean Pack 10 Handle Bag (Blue) 1,190. A shoulder bag that’s designed to be durable and lightweight, messenger bags offer comfort and convenience when carrying heavy items, and while their functionality is comparable to that of standard backpacks, you don’t have to take your bag off to get into its compartments and various zippered pockets. Get the best deals on Coach Blue Men's Messenger Bags when you shop the largest online selection at. Shop online the latest SS23 collection of designer for Women on SSENSE and find. Enjoy free shipping, returns & complimentary gift. Buy designer clothing & accessories and get Free Shipping & Returns in USA. Shop COACH crossbody bags, available at Macy’s.Stylish and practical, vintage and designer crossbody bags and messenger bags are ideal for all occasions, from lunch dates to errands to sunny afternoons in the park to formal affairs. Shop womens designer crossbody bags and saddlebags at in designer leather and GG canvas. Don’t forget to buy other COACH accessories, like wallets, to match your new handbags. Styling Tips : If you’re looking for more durable COACH crossbody purses, check out styles in pebble leather. If you want all the attention focused on you, buy statement straps for your bag to remix your look. Ready For Your Close Up? How do you get on-trend style in a flash? Sport a COACH camera handbag, modeled after camera carriers. You’ll love how these bags beautifully combine style and practicality. Are you searching for a bag with a large compartment? Carry all your essentials in a COACH bucket bag, showcasing a drawstring closure. 246 results 559.48 483.39 COACH Signature Charter Backpack - Black From Cettire Sale 595 298. These crossbody bags offer a classic design that stands the test of time. Inspired by bags attached to a horse, COACH saddle bags have galloped into every fashionista’s lineup. Consuela bags are known for durability, vibrancy, and carrying capacity. You’ll love the multiple styling possibilities. Are you having trouble deciding which color to buy? Why settle for one color when you can have a variety? Colorblocked bags cleverly combine two or more shades in one sleek design. They’re available in a myriad of colors and silhouettes to match your every mood and outfit. Featuring a metallic clasp that turns to open and close your bag, COACH turnlock handbags will instantly imbue a sophisticated feel to your crossbody collection. From turnlock to camera bags, we’re sharing the top COACH crossbody bags to add to your wish list. Known for their signature canvas and luxurious leather designs, COACH offers a wide variety of crossbody bags to suit your style. Featuring a long strap that goes across your body, these hands-free handbags are perfect for anyone on the go. Are you searching for the latest designer handbags? Ride into Macy’s for COACH crossbody bags. Grants Shield and Aura for 5 turn(s) (all).ġ-5 physical attacks dealing 0.8x damage (one). Sets target’s TP to a random amount (one). Here is a list of all locations of canned monsters and which ability you can steal from them with Tomke: Arkant Archipelago: Adamant Crab with Convert Empyrean Ruins: Golem with Spinning Swirl Fiorwoods Vin with Know Your Limits Flying Continent Shambodia: Ancient Turtle with Sharing is. How to Unlock All Ultimate Weapon & Souls of Farnese Locations (A Blade Runner Achievement) Chained Echoes (A Hammer beating in the sky Quest)CHAINED ECHOES. Sacrifices user’s life to revive all other party member to 1% HP (self). Where to find Chained Echoes canned enemies. Afterwards, the user loses all TP (self).Ī magical earth attack dealing 1.2x damage (all).Ī physical attack dealing 1.1x damage (all). The cruelty of that time, so many men and women, chained.left with no. Switches target’s HP and TP in percent (one).Ī magical water attack dealing 1.2x damage (all).Ī physical attack dealing 1.8x damage (one). but each morning he also received a bit of vet-approved canned food. What are Canned Enemies In the game, there is a special list of cannable enemies, who can be quickly canned using Uncanny Encounter. Grants HP & TP regen for 4 turn(s) (one). Gives hints on where to find new recruits. Falora: Just visit the south of Hermit’s Isle. Opens a relaxing place where you can view animals and plants. Chained Echoes: Complete Guide To Cannable Enemies By Jack Webb Published Tomke, an optional party member in Chained Echoes, can eat cannable enemies and learn their skills. Pignon: In the forest area of Perpetua you visit throughout the story. Less HP means a stronger attack.Ī magical fire attack dealing 1x damage (all). Eddie: On an airship flying in the western part of the world map. Ability NameĪ physical attack dealing 4x damage influenced by user’s HP (one). We’ve put together a full list of these enemies, where you can find them, and the abilities Tomke will learn when using Uncanny Encounter skill in Chained Echoes. Cheats, Tips, Tricks, Walkthroughs and Secrets for Chained Echoes on the. There are a total of 15 cannable enemies in Chained Echoes, each with an exclusive ability for Tomke to learn through use of Uncanny Encounter. Chained Echoes Walkthrough: Side Quests - The Food, the Chap, and the Hungry - Canning with Tomke Reward Board: 800a, 25 SP To trigger this quest you need to. Where to find all canned enemies in Chained Echoes If the ability fails on a cannable target, you may need to further lower the enemy’s health and try again. Once you have weakened the enemy below Uncanny Encounter’s current requirement, you can use the ability to “can” the enemy and learn a new skill. There is also an accessory, the Can Machine, that can be obtained which allows Tomke to use his ability on cannable enemies at 50% or lower health to learn their ability. Chained Echoes is a story-driven JRPG where a group of heroes travel around the vast continent of Valandis to bring an end to the war between its three kingdoms. The Uncanny Encounter skill has three levels, with the lowest requiring you to weaken an enemy to below 25% health and the highest level requiring just 40% or lower health. This is another one of those fun facts about Ireland! This began thanks to the awesomely named managing director of Guinness at the time, Sir Hugh Beaver. Yes, Guinness World Records Is Related To The Guinness It remains neutral and isn’t even a part of NATO.ħ. Despite being neutral, Ireland was also the victim of a few bombings because of Allies and Axis bombers alike missing their targets. They did provide some clandestine help a detailed weather report from County Mayo, for example, gave the green light for the D-Day Landings. Even Banba and Fódla are sometimes used as poetic names for Ireland.Ħ. Eriu, together with her sisters Banba and Fódla, was part of a triumvirate of goddesses that looked out for the general wellbeing of the ancient island nation. That’s exactly the same name as Ireland is known as in the mother tongue. The round is sacred, this is sometimes considered Dublin pub and Galway pub etiquette. So, when it comes to your turn, do your duty. If you’re in a group, then most likely drinks will be purchased in a “round.” One person buys everyone’s drinks. Okay, this isn’t one of those die-hard facts about Ireland, but more of a fun bar one! If someone buys you a drink, you buy them a drink back. There’s even a government position dedicated to this – Minister of State for the Diaspora and International Development. Today, around 80 million people worldwide claim Irish descent (including more than 36 million Americans). That’s way more than Ireland’s highest population of 8.4 million during the 1840s. More Irish People Live Outside Of Ireland Than In Irelandįrom around 1700, between nine and ten million Irish-born people emigrated. In Irish Gaelic, this roughly translates as “piggery between two expanses of briny water.” Though it doesn’t come close to the longest Welsh place name.ģ. This is one of those Irish fun facts kids will love. The Longest Place Name In Ireland Is Muckanaghederdauhaulia In Old Irish, this means “Summer’s End.” It features bonfires, terrifying masks, even more, terrifying turnip lanterns, and amateur dress-ups.Ģ. What? Nope, this is one of those cool facts about Ireland that is true! Halloween may have Christian ties, with Allhallowtide beginning a three-day veneration of the dearly departed, but Halloween traditions as we know them to begin with the Celtic festival of Samhain. Ireland Random Facts: (Great-Grandparents were from Ireland The surface of Mars is covered in rust, making the planet appear red.Ī tsunami can travel as fast as a jet plane. The most difficult-to-pronounce town is in Wales: Llanfairpwllgwyngyllgogerychwyrndrobwyll llantysiliogogogoch. You can cut a pie into 8 pieces with only three cuts. Some perfumes actually have whale poo in them. The average person spends two weeks of their life waiting at traffic lights.Īpplesauce was the first food eaten in space by astronauts.īecause of the 4 stages of the Water Cycle – Evaporation, Condensation, Precipitation and Collection – water falling as rain today may have previously fallen as rain days, weeks, months or years before.Ĭans of diet soda will float in water but regular soda cans will sink. The smallest country in the world takes up. Glass balls can bounce higher than rubber ones. The shortest war in history lasted for only 38 minutes. It is in Oregon, covering 2,200 acres and is still growing. The largest living organism in the world is a fungus. One of the ingredients needed to make dynamite is peanuts. The Nobel Peace Prize is named for Alfred Nobel, the inventor of dynamite. Tiger shark embryos begin attacking each other in their mother’s womb before they are even born. If a Donkey and a Zebra have a baby, it is called a Zonkey.Ĭows can walk up stairs but not down them. Many mammals, including cats and dogs, walk on their toes in contrast to humans, who walk on the soles of their feet. the several ranks of natural descent, the successive members of a genealogy.the whole multitude of men living at the same time.Ī group of men very like each other in endowments, pursuits, character.the time ordinarily occupied be each successive generation), a space of 30 - 33 years Greek lexicon based on Thayer's and Smith's Bible Dictionary plus others this is keyed to the large Kittel and the "Theological Dictionary of the New Testament." These files are public domain. " The KJV New Testament Greek Lexicon".Take your property security to the next level by integrating your Genea Access Control system with your Cisco Meraki camera system. Why Integrate with your Security Cameras?Ī CCTV system, such as Cisco Meraki, allows you to capture video, and if something terrible should happen, review video to catch the culprit. Security cameras also serve as a great deterrent to any vandals or thieves. More advanced security teams also know that your company’s CCTV system enables you to verify access control logs for auditing and investigations. While having your access logs in Genea allows you to establish a basis for identity, having video to verify is a great way to ensure the validity of your access logs.Īt this time, Genea only has a direct API integration with Cisco Meraki. Many of Genea’s largest customers use Cisco Meraki cameras to monitor and secure their facilities. In order to give our customers the ability to link their access control logs with the power of the Meraki platform, we decided to integrate these two best-of-breed cloud-based products. Setting Up Your Genea + Meraki Camera Integrationġ) Navigate to the ' Integrations' tab in your Genea admin dashboard.ĥ. Press ' Save' to save each camera mapping configuration. With the Genea Access Control + Meraki integration, you may enable GIFs and event snapshots that can be viewed via Slack and within your Genea admin dashboard. IMPORTANT: GIFs and snapshots are currently only be available for Door Force Alarms, Door Held Alarms, and 'Deny Access - No Door Access' events. All other video events captured within Genea will route you to your Meraki dashboard for review. Under the ' Meraki Settings' section on the integration set-up page, you can customize how long before or after an event occurrence is captured. The GENEA accelerometer is a valid measure of children's activity intensities whether worn at the wrist or the hip. To enable Snapshots available for review within your Genea activity log, click the toggle button next to ' Enable Video.' When enabled, the button will be blue in color. GENEA output and ActiGraph counts showed similar criterion validity as measures of children's physical activity. Cut-points are now available to use with the GENEA to determine the intensity of children's physical activity. Once enabled, your system will capture and provide a link to review the event snapshots directly within you Genea activity log. You may capture up to 10 frames if the Snapshot option is enabled - 5 before the event occurs, and 5 after the event occurs. Genea Cloud-Based Access Control - Overtime HVAC - Submeter Billing Cloud-Based, Automated Property Tech for a New Era Our cloud-based software works with most existing hardware to modernize access control, automate overtime HVAC management, and streamline submeter billing. To set how many frames your Genea system will log before and after the event, move the slider next to the ' Snapshot (frames)' to the desired number of frames. Request Demo Access Control Overtime HVAC Submeter Billing Access Control. As a result, you can set up your desired color mode and set up an illumination that suits the mood.īuy on Amazon With Timer and Remote: Moredig Compact Baby Projector Nightlight The nightlight projector offers nine lighting effects. The rotatable films enable it to project the images in a rotation mode for even more excitement. The nightlight projector comes with different film shapes. The nightlight projector derives its power from a USB or four AAA batteries. However, you can remove the film to use it for illuminating the space. With the film on, it projects images on the walls or ceiling. You can choose to use it in the nightlight mode or projector mode. You can mount it on the wall so that it can project images onto the walls and ceiling. Spark your kids into imagination so that you can ease their fear of the dark after purchasing Luckkid Baby Night Light Moon Star Projector. Hot Sale: Luckkid Baby Night Light Moon Star Projector Reviews of the Best Baby Night Light Projector with White NoiseĬheck out the best night light projector for baby and try to find what is the most suitable for your deary. However, most of them have a still display. Go for a portable dome-shaped projector nightlight if you wanna a 360-degree rotating display. Toy projector nightlights are tailored with babies in mind, assuring you of getting a nightlight projector that is safe and designed to attract your baby into using it. Portable Dome-Shaped Projectorįor baby rooms, I would recommend that you purchase a toy projector. What Type of Night Light Projector Can Be Used on Baby Room? 1. Besides projecting images on the walls and ceilings, such projectors play lullabies and soothing sounds that lull babies.Īs a result, the projector nightlights can help babies to sleep fast and peacefully. Most nightlight projectors integrate sound machines. This means that the dim illumination enables babies to have peace of mind knowing that they are in a familiar environment, a measure that enables them to sleep peacefully and soundly.Ģ. The best nightlight projectors can cast a soft illumination that will not disrupt the sleep of the baby. If that is the case, here are some of the reasons why. You could be wondering what strategies make nightlight projectors suitable for helping babies to sleep. Soft and Comfortable Toy: Momcozy Baby White Noise Machine ( Click here to buy) Why Do Night Light Projectors Help Baby Sleep?Ī nightlight projector can help babies to fall asleep, more importantly, kids who are afraid of the dark. With Timer and Remote: Moredig Compact Baby Projector Nightlight ( Click here to buy)įor Baby Boy: Lachance Baby Star Projector ( Click here to buy)įor Baby Girl: Projectables Frozen Plug in Night Light Projector ( Click here to buy) Hot Sale: Luckkid Baby Night Light Moon Star Projector ( Click here to buy) Incentive cash bonuses are based on non-GAAP metrics such new bookings (50%), renewal bookings (25%) and adjusted free cash flow (25%). CARB’s compensation structure consists of base salary (~20%), incentive cash bonus (~30%) and equity incentives (~50%). Revenue and non-GAAP performance targets can be an incentive to sacrifice profitability for volume, or worse, engage in acquisitions that destroy shareholder value.ĬARB management focusses exclusively on non-GAAP in their presentation of company performance and to determine executive compensation. Accordingly, I favor compensation plans that use ROIC to measure performance to ensure executives’ interests are aligned with shareholders’ interests. We know from numerous case studies that changes in ROIC are directly correlated to changes in market value. However, a low single-digit profit margin provides little room to maneuver, while invested capital seems more likely to balloon than remain flat given the investment in new business lines and acquisition-driven strategy.Įxecutive Comp Aligned with Misleading Metrics This hurdle appears manageable given the software sector’s median 5% NOPAT margin. For the company to earn an adequate ROIC above the cost of capital, it would need to earn a 3% NOPAT margin on TTM revenue without growing invested capital. CARB’s capital turnover ratio (revenue divided by invested capital) is 2.6 compared to an average of 1.3 for the software and services sector. The main impediment to higher ROIC is NOPAT margin as the balance sheet is relatively efficient. The current ROIC of -9% (TTM) is in the bottom quintile of my firm's coverage universe and well below the median 5% ROIC generated by 230 companies in the software and services sector. Removing so many expenses relevant to the operations of the business, especially with the new acquisition-driven strategy, is suspect.ĬARB Non-GAAP Metrics New Constructs, LLCĬARB’s return on invested capital ( ROIC) has averaged -5% over the past two years. Specifically, management’s definition of ‘non-GAAP net income per share’ allows for the exclusion of: purchase accounting adjustments, stock-based compensation, litigation expenses, acquisition expenses, intangible amortization, non-cash convertible debt interest expense, and the tax effect of non-GAAP adjustments at a 13% effective rate. Per Figure 2 below, management’s focus on non-GAAP metrics creates an illusion of profitability. In addition, free cash flow ( FCF) swung to -$76 million TTM from $10 million in 2016 due to the decline in NOPAT and capital investment in acquisitions. 2Q16 while 2Q17 revenue increased only 10% vs. CARB’s current NOPAT margin has dipped to -2% (TTM) due to expense growth. Profitability then swung between -7% and +2% NOPAT margins over the next two years. The company posted a break-even 0% NOPAT margin in 2014. CARB has not achieved consistent profitability since going public. |
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