RSTO » Topics » Reclassification

This excerpt taken from the RSTO 10-Q filed Jun 3, 2008.

Reclassification

The Company historically presented borrowings under the line of credit as a net balance on the consolidated statements of cash flows. To be consistent with the current year presentation, the Company has adjusted prior year amounts to reflect borrowings and repayments of the line of credit separately.

These excerpts taken from the RSTO 10-K filed Apr 17, 2008.

Reclassification

The Company historically presented borrowings under the line of credit as a net balance on the consolidated statements of cash flows. To be consistent with the current year presentation, the Company has adjusted prior year amounts to reflect borrowing and repayment of the line of credit separately.

 

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RESTORATION HARDWARE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

Reclassification

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">The Company historically presented borrowings under the line of credit as a net balance on the consolidated statements of cash flows. To be consistent
with the current year presentation, the Company has adjusted prior year amounts to reflect borrowing and repayment of the line of credit separately.

 


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RESTORATION HARDWARE, INC.

ALIGN="center">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 


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