COMS » Topics » Other Expense, Net

This excerpt taken from the COMS 10-Q filed Apr 10, 2006.

Other Expense, Net

Other expense, net was $0.6 million in the three months ended February 28, 2006, a decrease of $0.1 million compared to the three months ended February 28, 2005.

Other expense, net was $0.4 million in the nine months ended February 28, 2006, a decrease of $3.9 million compared to the nine months ended February 28, 2005. Other expense, net for the nine months ended February 28, 2005 included a $2.4 million provision for unrecoverable Value Added Tax for prior years as a result of an unfavorable tax authority ruling. The remaining increase of $1.5 million is primarily related to a $1.3 million foreign exchange gain related to a foreign tax settlement in the three months ended November 30, 2005.

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