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This excerpt taken from the LUX 20-F filed Jun 25, 2009. Store Opening and Closing Costs - Store opening costs are
charged to operations as incurred in accordance with Statement of Position No. 98-5,
Accounting for the Cost of Start-up
Activities. The costs associated with closing stores or facilities
are recorded at fair value as such costs are incurred. Store closing costs charged
to the consolidated statements of income during fiscal years 2008, 2007 and
2006 were not material.
This excerpt taken from the LUX 6-K filed May 12, 2009. Store opening and closing costs. Store opening costs are charged to
operations as incurred in accordance with Statement of Position No. 98-5, Accounting for the Cost of Start-up Activities.
The costs associated with closing stores or facilities are recorded at fair
value as such costs are incurred. Store closing costs charged to the
consolidated statements of income during fiscal years 2008, 2007 and 2006 were
not material.
This excerpt taken from the LUX 20-F filed Jun 26, 2008. Store Opening and Closing Costs - Store opening costs are charged to operations as incurred in
accordance with Statement of Position No. 98-5, Accounting for the Cost of Start-up Activities. The costs
associated with closing stores or facilities are recorded at fair value as such
costs are incurred. Store closing costs charged to the consolidated statements
of income during fiscal years 2007, 2006 and 2005 were not material.
This excerpt taken from the LUX 6-K filed Jun 4, 2008. Store
opening and closing costs. Store opening costs are
charged to operations as incurred in accordance with Statement of Position No. 98-5,
Accounting for the Cost of Start-up Activities. The costs associated with
closing stores or facilities are recorded at fair value as such costs are
incurred. Store closing costs charged to the consolidated statements of income
during fiscal years 2007, 2006 and 2005 were not material.
This excerpt taken from the LUX 20-F filed Jun 29, 2007. Store
Opening and Closing Costs - Store opening costs are charged
to operations as incurred in accordance with Statement of Position No. 98-5, Accounting for the Cost of Start-up Activities.
The costs associated with closing stores or facilities are recorded at fair
value as such costs are incurred. Store closing costs charged to the
consolidated statements of income during fiscal 2004, 2005 and 2006 were not
material.
This excerpt taken from the LUX 6-K filed May 25, 2007. Store
opening and closing costs - Store opening costs are charged
to operations as incurred in accordance with Statement of Position no. 98-5,
Accounting for the Cost of Start-up Activities. The costs associated with
closing stores or facilities are recorded at fair value as such costs are
incurred. Store closing costs charged to the consolidated statements of income
during fiscal 2004, 2005 and 2006 were not material.
This excerpt taken from the LUX 20-F filed Jun 28, 2006. Store
Opening and Closing CostsStore
opening costs are charged to operations as incurred in accordance with
Statement of Position No. 98-5, Accounting
for the Cost of Start-up Activities. The costs associated with
closing stores or facilities are recorded at fair value as such costs are
incurred. Store closing costs charged to the statements of consolidated income
during fiscal 2003, 2004 and 2005 were not material.
This excerpt taken from the LUX 20-F filed Jun 29, 2005. Store Opening and Closing CostsStore
opening costs are charged to operations as incurred in accordance with
Statement of Position No. 98-5, Accounting for the Cost of
Start-up Activities. The costs associated with closing stores or
facilities are recorded at fair value as such costs are incurred. Store closing
costs charged to the Statements of Consolidated Income during fiscal 2002, 2003
and 2004 were not material.
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