INVX » Topics » Principles of Consolidation and Fiscal Year

These excerpts taken from the INVX 10-K filed Dec 23, 2008.
        Principles of Consolidation and Fiscal Year—The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions have been eliminated in consolidation.
 
       The Company utilizes a fiscal year that ends on the Saturday nearest to September 30 which results in a 52 or 53 week year rather than a twelve-month fiscal year. The Company’s actual fiscal quarters end on the Saturday closest to the end of the calendar quarter.  Fiscal years ended September 27, 2008, September 29, 2007 and September 30, 2006 included 52 weeks of operations.
 
        Principles
of Consolidation and Fiscal Year
—The consolidated financial statements
include the accounts of the Company and its wholly owned subsidiaries. All
intercompany transactions have been eliminated in consolidation.

 

       The
Company utilizes a fiscal year that ends on the Saturday nearest to September 30
which results in a 52 or 53 week year rather than a twelve-month fiscal year.
The Company’s actual fiscal quarters end on the Saturday closest to the end of
the calendar quarter.  Fiscal years ended September 27, 2008,
September 29, 2007 and September 30, 2006 included 52 weeks of
operations.

 

This excerpt taken from the INVX 10-K filed Dec 14, 2007.
Principles of Consolidation and Fiscal Year—The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions have been eliminated in consolidation.

     The Company utilizes a fiscal year that ends on the Saturday nearest to September 30 which results in a 52 or 53 week year rather than a twelve-month fiscal year. The Company’s actual fiscal quarters end on the Saturday closest to the end of the calendar quarter. Fiscal years ended September 29, 2007, September 30, 2006 and October 1, 2005 included 52 weeks of operations.

     

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