Operating Income: Operating income, also known as EBIT (Earnings Before Interest and Taxes), represents a company's profits from its core business activities, excluding non-operating items.
Extraordinary Items: Extraordinary items are unusual and infrequent gains or losses that are not part of a company's normal business operations, such as natural disasters or the sale of a major asset.
Comprehensive Income: Comprehensive income includes all changes in a company's equity during a period, including both operating and non-operating items, and is reported separately from the income statement.