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This excerpt taken from the ACI 10-K filed Mar 1, 2010. Investments
Investments and ownership interests are accounted for under the
equity method of accounting if the Company has the ability to
exercise significant influence, but not control, over the
entity. The Company reflects its share of the entity’s
income in other operating income, net in its consolidated
statements of income. Marketable equity securities held by the
Company that do not qualify for equity method accounting are
classified as
available-for-sale
and are recorded at their fair value on the balance sheet with a
corresponding entry to other comprehensive income and deferred
taxes. A decline in the value of an investment that is
considered other than temporary is recognized in income.
Table of Contents
NOTES TO
CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
These excerpts taken from the ACI 10-K filed Feb 27, 2009. Investments
Investments and ownership interests are accounted for under the
equity method of accounting if the Company has the ability to
exercise significant influence, but not control, over the
entity. The Company reflects its share of the entity’s
income in other operating income, net in its consolidated
statements of income. Marketable equity securities held by the
Company that do not qualify for equity method accounting are
classified as available-for-sale and are recorded at their fair
value on the balance sheet with a corresponding entry to other
comprehensive income and deferred taxes. A decline in the value
of an investment which is other than temporary is recognized in
income.
Investments Investments and ownership interests are accounted for under the equity method of accounting if the Company has the ability to exercise significant influence, but not control, over the entity. The Company reflects its share of the entity’s income in other operating income, net in its consolidated statements of income. Marketable equity securities held by the Company that do not qualify for equity method accounting are classified as available-for-sale and are recorded at their fair value on the balance sheet with a corresponding entry to other comprehensive income and deferred taxes. A decline in the value of an investment which is other than temporary is recognized in income. These excerpts taken from the ACI 10-K filed Feb 29, 2008. Investments
Investments and ownership interests are accounted for under the
equity method of accounting if the Company has the ability to
exercise significant influence, but not control, over the
entity. The Company reflects its share of the entity’s
income in other (income) expense, net in its Consolidated
Statements of Income. Marketable equity securities held by the
Company that do not qualify for equity method accounting are
classified as available-for-sale and are recorded at their fair
value on the balance sheet with a corresponding entry to other
comprehensive income and deferred taxes.
Investments Investments and ownership interests are accounted for under the equity method of accounting if the Company has the ability to exercise significant influence, but not control, over the entity. The Company reflects its share of the entity’s income in other (income) expense, net in its Consolidated Statements of Income. Marketable equity securities held by the Company that do not qualify for equity method accounting are classified as available-for-sale and are recorded at their fair value on the balance sheet with a corresponding entry to other comprehensive income and deferred taxes. This excerpt taken from the ACI 10-K filed Mar 1, 2007. Investments |
Investments and ownership interests are accounted for under the
equity method of accounting if the Company has the ability to
exercise significant influence, but not control, over the
entity. The Company reflects its share of the entity’s
income in other (income) expense, net in its Consolidated
Statements of Income. Marketable equity securities held by the
Company that do not qualify for equity method accounting are
classified as available-for-sale and are recorded at their fair
value on the balance sheet with a corresponding entry to other
comprehensive income.
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