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This excerpt taken from the ADI 10-K filed Nov 20, 2006. k. Use
of Estimates
The preparation of financial statements in conformity with
accounting principles generally accepted in the United States
requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and
disclosure of contingencies at the date of the financial
statements and the reported amounts of revenue and expenses
during the reporting period. Such estimates relate to the useful
lives of fixed assets and identified intangible assets,
allowances for doubtful accounts and customer returns, the net
realizable value of inventory, potential reserves relating to
litigation matters, accrued liabilities, accrued taxes, deferred
tax valuation allowances, assumptions pertaining to share-based
payments and other reserves. Actual results could differ from
those estimates, and such differences may be material to the
financial statements.
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