FL » Topics » Foreign Currency Translation

These excerpts taken from the FL 10-K filed Mar 30, 2009.

Foreign Currency Translation

     The functional currency of the Company’s international operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using the weighted-average rates of exchange prevailing during the year. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss within shareholders’ equity.

Foreign Currency
Translation


     The
functional currency of the Company’s international operations is the applicable
local currency. The translation of the applicable foreign currency into U.S.
dollars is performed for balance sheet accounts using current exchange rates in
effect at the balance sheet date and for revenue and expense accounts using the
weighted-average rates of exchange prevailing during the year. The unearned
gains and losses resulting from such translation are included as a separate
component of accumulated other comprehensive loss within shareholders’
equity.


Foreign Currency
Translation


     The
functional currency of the Company’s international operations is the applicable
local currency. The translation of the applicable foreign currency into U.S.
dollars is performed for balance sheet accounts using current exchange rates in
effect at the balance sheet date and for revenue and expense accounts using the
weighted-average rates of exchange prevailing during the year. The unearned
gains and losses resulting from such translation are included as a separate
component of accumulated other comprehensive loss within shareholders’
equity.


These excerpts taken from the FL 10-K filed Mar 31, 2008.

Foreign Currency Translation

     The functional currency of the Company’s international operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using the weighted-average rates of exchange prevailing during the year. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss within shareholders’ equity.

Foreign Currency
Translation


     The
functional currency of the Company’s international operations is the applicable
local currency. The translation of the applicable foreign currency into U.S.
dollars is performed for balance sheet accounts using current exchange rates in
effect at the balance sheet date and for revenue and expense accounts using the
weighted-average rates of exchange prevailing during the year. The unearned
gains and losses resulting from such translation are included as a separate
component of accumulated other comprehensive loss within shareholders’
equity.


This excerpt taken from the FL 10-K filed Apr 2, 2007.

Foreign Currency Translation

     The functional currency of the Company’s international operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using the weighted-average rates of exchange prevailing during the year. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss within shareholders’ equity.

This excerpt taken from the FL 10-K filed Mar 29, 2005.

Foreign Currency Translation

The functional currency of the Company’s international operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using the weighted-average rates of exchange prevailing during the year. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss within shareholders’ equity.

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