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This excerpt taken from the NKE 10-K filed Jul 27, 2009. Property, Plant and Equipment and Depreciation Property, plant and equipment are recorded at cost. Depreciation for financial reporting purposes is determined on a straight-line basis for buildings and leasehold improvements over 2 to 40 years and for machinery and equipment over 2 to 15 years. Computer software (including, in some cases, the cost of internal labor) is depreciated on a straight-line basis over 3 to 10 years. These excerpts taken from the NKE 10-K filed Jul 28, 2008. Property, Plant and Equipment and Depreciation Property, plant and equipment are recorded at cost. Depreciation for financial reporting purposes is determined on a straight-line basis for buildings and leasehold improvements over 2 to 40 years and for machinery and equipment over 2 to 15 years. Computer software (including, in some cases, the cost of internal labor) is depreciated on a straight-line basis over 3 to 10 years. Property, Plant and Equipment and Depreciation STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Property, plant and equipment are recorded at cost. Depreciation for financial reporting purposes is determined on a straight-line basis for buildings andleasehold improvements over 2 to 40 years and for machinery and equipment over 2 to 15 years. Computer software (including, in some cases, the cost of internal labor) is depreciated on a straight-line basis over 3 to 10 years. STYLE="margin-top:18px;margin-bottom:0px; margin-left:2%">Impairment of Long-Lived Assets SIZE="2">The Company estimates the future undiscounted cash flows to be derived from an asset to assess whether or not a potential impairment exists when events or circumstances indicate the carrying value of a long-lived asset may be impaired. If This excerpt taken from the NKE 10-K filed Jul 27, 2007. Property, Plant and Equipment and Depreciation Property, plant and equipment are recorded at cost. Depreciation for financial reporting purposes is determined on a straight-line basis for buildings and leasehold improvements over 2 to 40 years and for machinery and equipment over 2 to 15 years. Computer software (including, in some cases, the cost of internal labor) is depreciated on a straight-line basis over 3 to 10 years. This excerpt taken from the NKE 10-K filed Jul 28, 2006. Property, Plant and Equipment and Depreciation Property, plant and equipment are recorded at cost. Depreciation for financial reporting purposes is determined on a straight-line basis for buildings and leasehold improvements over 2 to 40 years and principally on a double declining balance basis for machinery and equipment over 2 to 15 years. Computer software (including, in some cases, the cost of internal labor) is depreciated on a straight-line basis over 3 to 10 years. | EXCERPTS ON THIS PAGE:
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