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This excerpt taken from the NAV 8-K filed Aug 19, 2009. Inventories Inventories consist of raw materials, work-in-process, and finished recreational vehicles and are stated at the lower of cost (first-in, first-out) or market. Cost of work-in-process and finished recreational vehicles includes material, labor, and manufacturing overhead costs. This excerpt taken from the NAV 10-Q filed Jun 9, 2009. 5. Inventories The components of inventories are as follows:
This excerpt taken from the NAV 10-Q filed Mar 11, 2009. 5. Inventories The components of inventories are as follows:
This excerpt taken from the NAV 10-Q filed Dec 31, 2008. 5. Inventories The components of inventories are as follows:
This excerpt taken from the NAV 10-Q filed Dec 31, 2008. 5. Inventories The components of inventories are as follows:
This excerpt taken from the NAV 10-Q filed Dec 31, 2008. 5. Inventories The components of inventories are as follows:
This excerpt taken from the NAV 10-K filed Dec 30, 2008. This excerpt taken from the NAV 10-Q filed Sep 3, 2008. 5. Inventories The components of inventories are as follows:
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Table of ContentsNavistar International Corporation and Subsidiaries Notes to Condensed Consolidated Financial Statements—(Continued) (Unaudited)
This excerpt taken from the NAV 10-Q filed Jun 27, 2008. 5. Inventories The components of inventories are as follows:
This excerpt taken from the NAV 10-Q filed Jun 27, 2008. 5. Inventories The components of inventories are as follows:
This excerpt taken from the NAV 10-K filed May 29, 2008. This excerpt taken from the NAV 8-K filed Mar 6, 2008. Inventories
Inventories are valued at the lower of cost or market.
Cost is principally determined using the
first-in,
first-out and average cost methods.
This excerpt taken from the NAV 10-K filed Dec 10, 2007. Inventories
We did not appropriately account for material price variances,
manufacturing cost variances, and freight variances, nor did we
properly establish allowances for inventory shrinkage or excess
and obsolete inventories. We also did not properly measure and
record intercompany profit eliminations.
We corrected our accounting for inventory to include all
production related costs and to recognize allowances for excess
and obsolete inventories and lower-of-cost-or-market adjustments
where applicable. Intercompany profit in inventory has been
eliminated.
The impact on our consolidated balance sheet as of
October 31, 2004 to correct the errors related to
Inventories is not significant.
The impacts on our consolidated statements of operations to
correct the errors related to Inventories are as follows (in
millions):
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