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This excerpt taken from the HBI 10-K filed Sep 28, 2006. Charges
for (Income from) Exit Activities
The charge for exit activities in fiscal 2005 is primarily
attributable to costs for severance actions related to the
decision to terminate 1,126 employees, most of whom are located
in the United States. The charge for exit activities in fiscal
2004 is primarily attributable to a charge for severance actions
related to the decision to terminate 4,425 employees, most of
whom are located outside the United States. The increase year
over year is primarily attributable to the relative costs
associated with terminating U.S. employees as compared to
international employees.
This excerpt taken from the HBI 8-K filed Sep 5, 2006. Charges for (Income from) Exit Activities
The income in fiscal 2003 is primarily attributable to the completion of a previously announced restructuring program for amounts less than originally estimated. The charge for exit activities in fiscal 2004 is primarily attributable to costs for severance actions related to the planned termination of 4,425 employees. | EXCERPTS ON THIS PAGE:
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