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This excerpt taken from the MRVL 10-Q filed Dec 7, 2005. Accounting for Stock Issued to Employees,
and have adopted the disclosure-only alternative to SFAS 123. When we are
required to expense employee stock options in the quarter ending April 30,
2006, this change in accounting treatment will materially and adversely affect
our reported results of operations because the stock-based compensation expense
would be charged directly against our reported earnings. For an illustration of
the effect of such a change in our recent results of operations, see
Note 1 in Notes to Unaudited Condensed Consolidated Financial Statements.
This excerpt taken from the MRVL 10-Q filed Sep 8, 2005. Accounting
for Stock Issued to Employees, and have adopted the disclosure-only
alternative to SFAS 123. When we are required to expense employee stock
options in the quarter ended April 30, 2006, this change in accounting
treatment will materially and adversely affect our reported results of
operations because the stock-based compensation expense would be charged
directly against our reported earnings. For an illustration of the effect of
such a change in our recent results of operations, see Note 1 in Notes to Unaudited
Condensed Consolidated Financial Statements.
This excerpt taken from the MRVL 10-Q filed Jun 9, 2005. Accounting
for Stock Issued to Employees, and have adopted the disclosure-only
alternative to SFAS 123. When we are required to expense employee stock
options in the quarter ended April 30, 2006, this change in accounting
treatment will materially and adversely affect our reported results of
operations because the stock-based compensation expense would be charged
directly against our reported earnings. For an illustration of the effect of
such a change in our recent results of operations, see Note 1 in Notes to
Unaudited Condensed Consolidated Financial Statements.
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