SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 133.18-0.1%Nov 28 12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BWAC who wrote (162044)10/11/2000 4:41:12 PM
From: GVTucker  Read Replies (1) of 176387
 
'Financing and other' is 14.5% of income before taxes, well above the materiality line.

However, this does not fall into the materiality requirement, because it is a breakdown of how revenues are earned. Just as a company is not required to report separate geographical revenues or earnings even if each separate number is material, they are also not required to break down net income in the manner I am looking for.

This really wouldn't be an issue for me, because a lot of companies don't report the way I would like. The reason that I see it as a problem specifically with Dell is because this is a change in the way Dell reports from its historical practice, and it is a change that results in less information being provided to shareholders.

When a company cuts back on its disclosure, some information is being hidden. Usually, a company wouldn't choose to hide good news.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext