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RVBD » Topics » Shipping and Handling Costs

These excerpts taken from the RVBD 8-K filed Apr 30, 2009.

Shipping and Handling Costs

In accordance with Emerging Issues Task Force (“EITF”) Issue No. 00-10, Accounting for Shipping and Handling Fees, the Company has classified the reimbursement by customers of shipping and handling costs as revenue, and the associated cost as cost of revenue. Reimbursed shipping and handling costs were not material during the periods ended September 30, 2008 and 2007.

Shipping and Handling Costs

In accordance with Emerging Issues Task Force (“EITF”) Issue No. 00-10, Accounting for Shipping and Handling Fees, the Company has classified the reimbursement by customers of shipping and handling costs as revenue, and the associated cost as cost of revenue. Reimbursed shipping and handling costs were not material in the years ended December 31, 2007 and 2006.

EXCERPTS ON THIS PAGE:

8-K (2 sections)
Apr 30, 2009

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