LUX » Topics » Inventories

This excerpt taken from the LUX 6-K filed Jun 26, 2009.

2.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):

   
 
  March 31,
2009

  December 31,
2008

 
   

Raw materials and packaging

  110,096   112,693  

Work in process

    49,620     48,013  

Finished goods

    504,252     475,369  

Less: inventory obsolescence reserves

    (83,719 )   (65,088 )
           

Total

  580,249   570,987  
           
   
This excerpt taken from the LUX 20-F filed Jun 25, 2009.
Inventories — Luxottica Group’s manufactured inventories, approximately 83.7 percent and 66.2 percent of total frame inventory for 2008 and 2007, respectively, are stated at the lower of cost, as determined under the weighted-average method, or market value. Retail inventories not manufactured by the Company or its subsidiaries are stated at the lower of cost as determined by the weighted-average cost method, or market value. Inventories are recorded net of allowances for estimated losses. This reserve is calculated using various factors including sales volume, historical shrink results and current trends.

 

This excerpt taken from the LUX 6-K filed May 12, 2009.
Inventories. Luxottica Group’s manufactured inventories, approximately 83.7 percent and 66.2 percent of total frame inventory for 2008 and 2007, respectively, are stated at the lower of cost, as determined under the weighted-average method, or market value. Retail inventories not manufactured by the Company or its subsidiaries are stated at the lower of cost as determined by the weighted-average cost method, or market value. Inventories are recorded net of allowances for estimated losses. This reserve is calculated using various factors including sales volume, historical shrink results and current trends.

 

This excerpt taken from the LUX 6-K filed Dec 15, 2008.

2.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):

   
 
 
 
  September 30, 2008
  December 31, 2007
 
   

Raw materials

  121,799   117,191  

Work in process

    52,906     52,132  

Finished goods

    488,220     492,839  

Less: inventory obsolescence reserves

    (52,373 )   (87,146 )
           

Total

  610,552   575,016  
           
   
This excerpt taken from the LUX 6-K filed Oct 1, 2008.

2.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):

   
 
 
 
  June 30,
2008

  December 31,
2007

 
   

Raw materials

  118,919   117,191  

Work in process

    53,241     52,132  

Finished goods

    439,851     492,839  

Less: inventory obsolescence reserves

    (54,608 )   (87,146 )
           

Total

  557,403   575,016  
           
This excerpt taken from the LUX 6-K filed Jun 30, 2008.

2.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
 
  March 31,
2008

  December 31,
2007

 

 
Raw materials   117,598   117,191  
Work in process     52,878     52,132  
Finished goods     437,153     492,839  
Less: inventory obsolescence reserves     (66,104 )   (87,146 )
   
 
 
Total   541,525   575,016  
   
 
 
This excerpt taken from the LUX 20-F filed Jun 26, 2008.
Inventories – Luxottica Group’s manufactured inventories, approximately 66.2 percent and 66.7 percent of total frame inventory for 2007 and 2006, respectively, are stated at the lower of cost, as determined under the weighted-average method, or market value. Retail inventories not manufactured by the Company or its subsidiaries are stated at the lower of cost as determined by the weighted-average cost, or market value. Inventories are recorded net of allowances for estimated losses. This reserve is calculated using various factors including sales volume, historical shrink results and current trends.

 

This excerpt taken from the LUX 6-K filed Jun 4, 2008.
Inventories. Luxottica Group’s manufactured inventories, approximately 66.2% and 66.7% of total frame inventory for 2007 and 2006, respectively, are stated at the lower of cost, as determined under the weighted-average method, or market value. Retail inventories not manufactured by the Company or its subsidiaries are stated at the lower of cost as determined by the weighted-average cost, or market value. Inventories are recorded net of allowances for estimated losses. This reserve is calculated using various factors including sales volume, historical shrink results and current trends.

 

This excerpt taken from the LUX 6-K filed Dec 21, 2007.

3.    INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
 
  December 31,
2006

  September 30,
2007

 

 
Raw materials   76,352   83,898  
Work in process     49,650     48,616  
Finished goods     317,253     346,261  
Less: Inventory obsolescence reserves     (42,360 )   (57,617 )
   
 
 
Total   400,895   421,158  
   
 
 



 
This excerpt taken from the LUX 6-K filed Jul 2, 2007.

3.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
 
  December 31,
2006

  March 31,
2007

 

 
Raw materials   EURO 76,352   EURO 81,115  
Work in process     49,650     48,609  
Finished goods     317,253     295,040  
Less: Inventory obsolescence reserves     (42,360 )   (43,639 )
   
 
 
Total   EURO 400,895   EURO 381,125  
   
 
 
This excerpt taken from the LUX 20-F filed Jun 29, 2007.
Inventories – Luxottica Group’s manufactured inventories, approximately 75.4 percent and 66.7 percent of total frame inventory for 2005 and 2006, respectively, are stated at the lower of cost, as determined under the weighted-average method (which approximates the first-in, first-out method, or “FIFO”), or market value. Retail inventory not manufactured by the Company or its subsidiaries are stated at the lower of cost, at FIFO or weighted-average cost, or market value. As of January 2, 2005, the Company changed its method of valuing certain of its retail inventory from the last-in, first-out method (“LIFO”) to FIFO in order to reduce the number of valuation methods among retail divisions. The effect of the change in the inventory valuation method had an immaterial effect on the 2005 Statements of Consolidated Income. Inventories are recorded net of allowances for estimated losses among other reserves. These reserves are calculated using various factors including sales volume, historical shrink results and current trends.

This excerpt taken from the LUX 6-K filed May 25, 2007.

3. INVENTORIES

Inventories consisted of the following:

Years ended December 31, (Euro/000)

 

2005

 

2006

 

Raw materials and packaging

 

53,414

 

76,352

 

Work in process

 

26,932

 

49,650

 

Finished goods

 

349,048

 

317,253

 

Less: Inventory obsolescence reserves

 

(59,105

)

(42,360

)

Total

 

370,289

 

400,895

 

 

This excerpt taken from the LUX 6-K filed Dec 26, 2006.

3.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
  December 31,
2005

  September 30,
2006


Raw materials   43,191   62,199
Work in process     26,932     41,168
Finished goods     300,166     279,887
   
 
Total   370,289   383,254
   
 
This excerpt taken from the LUX 6-K filed Jun 29, 2006.

2.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
  December 31,
2005

  March 31,
2006


Raw materials   EURO 43,191   EURO 78,820
Work in process     26,932     33,944
Finished goods     334,208     289,953
   
 
Total   EURO 404,331   EURO 402,717
   
 
This excerpt taken from the LUX 20-F filed Jun 28, 2006.

3. INVENTORIES

Inventories consisted of the following (in thousands of Euro):

 

 

December 31,

 

 

 

2004

 

2005

 

Raw materials and packaging

 

50,656

 

43.191

 

Work in process

 

24,486

 

26,932

 

Finished goods

 

358,016

 

334.208

 

Total

 

433,158

 

404,331

 

 

These excerpts taken from the LUX 6-K filed Dec 23, 2005.

4.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
  December 31,
2004

  September 30,
2005


Raw materials   €50,656   €50,110
Work in process   24,486   25,228
Finished goods   358,016   347,528
   
 
Total   €433,158   €422,866
   
 

4.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
  December 31,
2004

  September 30,
2005


Raw materials   €50,656   €50,110
Work in process   24,486   25,228
Finished goods   358,016   347,528
   
 
Total   €433,158   €422,866
   
 
This excerpt taken from the LUX 6-K filed Sep 29, 2005.

4.  INVENTORIES

        Inventories consisted of the following (in thousands of Euro):


 
  December 31,
2004

  June 30,
2005


Raw materials   EURO 50,656   EURO 48,375
Work in process     24,486     25,434
Finished goods     358,016     326,042
   
 
Total   EURO 433,158   EURO 399,833
   
 
This excerpt taken from the LUX 20-F filed Jun 29, 2005.

3. INVENTORIES

 

Inventories consisted of the following (thousands of Euro):

 

 

 

December 31,

 

 

 

2003

 

2004

 

Raw materials and packaging

 

62,209

 

50,656

 

Work in process

 

25,363

 

24,486

 

Finished goods

 

316,644

 

358,016

 

Total

 

404,216

 

433,158

 

 

These excerpts taken from the LUX 6-K filed Jun 27, 2005.

4.  INVENTORIES

        Inventories consisted of the following (Thousands of Euro):


 
  December 31,
2004

  March 31,
2005


Raw materials   EURO 50,656   EURO 50,746
Work in process     24,486     23,113
Finished goods     358,016     336,331
   
 
Total   EURO 433,158   EURO 410,191
   
 

4.  INVENTORIES

        Inventories consisted of the following (Thousands of Euro):


 
  December 31,
2004

  March 31,
2005


Raw materials   EURO 50,656   EURO 50,746
Work in process     24,486     23,113
Finished goods     358,016     336,331
   
 
Total   EURO 433,158   EURO 410,191
   
 
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