ACI » Topics » Deferred Financing Costs

This excerpt taken from the ACI 10-K filed Mar 1, 2010.
Deferred Financing Costs
 
The Company capitalizes costs incurred in connection with new borrowings, the establishment or enhancement of credit facilities and issuance of debt securities. These costs are amortized as an adjustment to interest expense over the life of the borrowing or term of the credit facility using the interest method. The unamortized balance of deferred financing costs was $37.9 million and $15.7 million at December 31, 2009 and 2008, respectively. Amounts classified as current were $9.5 million and $4.6 million at December 31, 2009 and 2008, respectively. Current amounts are recorded in other current assets and noncurrent amounts are recorded in other assets in the accompanying consolidated balance sheets.
 
These excerpts taken from the ACI 10-K filed Feb 27, 2009.
Deferred Financing Costs
 
The Company capitalizes costs incurred in connection with borrowings or establishment of credit facilities and issuance of debt securities. These costs are amortized as an adjustment to interest expense over the life of the borrowing or term of the credit facility using the interest method. The unamortized balance of deferred financing costs was $15.7 million and $20.2 million at December 31, 2008 and 2007, respectively. Amounts classified as current were $4.6 million and $4.7 million at December 31, 2008 and 2007, respectively. These amounts are recorded in other current assets in the accompanying consolidated balance sheets.
 
Deferred
Financing Costs



 



The Company capitalizes costs incurred in connection with
borrowings or establishment of credit facilities and issuance of
debt securities. These costs are amortized as an adjustment to
interest expense over the life of the borrowing or term of the
credit facility using the interest method. The unamortized
balance of deferred financing costs was $15.7 million and
$20.2 million at December 31, 2008 and 2007,
respectively. Amounts classified as current were
$4.6 million and $4.7 million at December 31,
2008 and 2007, respectively. These amounts are recorded in other
current assets in the accompanying consolidated balance sheets.


 




These excerpts taken from the ACI 10-K filed Feb 29, 2008.
Deferred Financing Costs
 
The Company capitalizes costs incurred in connection with borrowings or establishment of credit facilities and issuance of debt securities. These costs are amortized as an adjustment to interest expense over the life of the borrowing or term of the credit facility using the interest method. Deferred financing costs were $20.2 million and $24.8 million at December 31, 2007 and 2006, respectively. These amounts are recorded in other assets in the accompanying Consolidated Balance Sheets. Amounts classified as current were $4.7 million and $4.6 million at December 31, 2007 and 2006, respectively. These amounts are recorded in other current assets in the accompanying Consolidated Balance Sheets.
 
Deferred
Financing Costs



 



The Company capitalizes costs incurred in connection with
borrowings or establishment of credit facilities and issuance of
debt securities. These costs are amortized as an adjustment to
interest expense over the life of the borrowing or term of the
credit facility using the interest method. Deferred financing
costs were $20.2 million and $24.8 million at
December 31, 2007 and 2006, respectively. These amounts are
recorded in other assets in the accompanying Consolidated
Balance Sheets. Amounts classified as current were
$4.7 million and $4.6 million at December 31,
2007 and 2006, respectively. These amounts are recorded in other
current assets in the accompanying Consolidated Balance Sheets.


 




This excerpt taken from the ACI 10-K filed Mar 1, 2007.
Deferred Financing Costs
      The Company capitalizes costs incurred in connection with borrowings or establishment of credit facilities and issuance of debt securities. These costs are amortized as an adjustment to interest expense over the life of the borrowing or term of the credit facility using the interest method. Deferred financing costs were $24.8 million and $27.4 million at December 31, 2006 and 2005, respectively. Amounts classified as current were $4.6 million and $5.1 million at December 31, 2006 and 2005, respectively.

"Deferred Financing Costs" elsewhere:

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