Western Digital (WDC) Message Board

STOCKTALK

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 : Western Digital (WDC)

WDC 270.16

+7.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SJSharky who wrote (8631)	2/2/1998 1:46:00 PM
From: John Cuthbertson	Read Replies (2) of 11057

Actually, there are no provisions for such charges in the accounting rules. That's why they could only mention these "special" charges in the verbage portion of the press release. Ryan, Yes, you're right, in the specific case of WDC's non-recurring expenses this quarter, the provisions in GAAP for separating them as extraordinary items do not apply. I was just trying to make a general point about excluding extraordinary items in reporting profits and losses. And, accounting rules aside, these charges would in fact seem to be non-recurring items, as you said. ==John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next