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This excerpt taken from the ROST 10-Q filed Jun 10, 2009. Merchandise
inventory. Our merchandise inventory is
stated at the lower of cost or market, with cost determined on a weighted
average cost basis. We purchase manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in our
warehouses until a later date, which may even be the beginning of the same
selling season in the following year.
Included in the carrying value of our merchandise inventory is a provision for shortage. The shortage reserve is based on historical shortage rates as evaluated through our periodic physical merchandise inventory counts and cycle counts. If actual market conditions, markdowns, or shortage are less favorable than those projected by us, or if sales of the merchandise inventory are more difficult than anticipated, additional merchandise inventory write-downs may be required. 20 These excerpts taken from the ROST 10-K filed Mar 31, 2009. Merchandise
inventory. Our merchandise inventory is
stated at the lower of cost or market, with cost determined on a weighted
average cost basis. We purchase manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in our
warehouses until a later date, which may even be the beginning of the same
selling season in the following year.
Included in the carrying value of our merchandise inventory is a provision for shortage. The shortage reserve is based on historical shortage rates as evaluated through our periodic physical merchandise inventory counts and cycle counts. If actual market conditions, markdowns, or shortage are less favorable than those projected by us, or if sales of the merchandise inventory are more difficult than anticipated, additional merchandise inventory write-downs may be required. Merchandise inventory. Our merchandise inventory is stated at the lower of cost or market, with cost determined on a weighted average cost basis. We purchase manufacturer overruns and canceled orders both during and at the end of a season which are referred to as "packaway" inventory. Packaway inventory is purchased with the intent that it will be stored in our warehouses until a later date, which may even be the beginning of the same selling season in the following year. Included in the carrying value of Merchandise inventory.
Merchandise inventory is stated at the
lower of cost (determined using a weighted average basis) or net realizable
value. The Company purchases manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in the
Company's warehouses until a later date, which may even be the beginning of the
same selling season in the following year. Packaway inventory accounted for
approximately 38% of total inventories as of January 31, 2009 and February 2,
2008. The cost of the Company’s merchandise inventory is reduced by valuation
reserves for shortage based on historical shortage experience from the Company’s
physical merchandise inventory counts and cycle counts.
Merchandise inventory. Merchandise inventory is stated at the lower of cost (determined using a weighted average basis) or net realizable value. The Company purchases manufacturer overruns and canceled orders both during and at the end of a season which are referred to as "packaway" inventory. Packaway inventory is purchased with the intent that it will be stored in the Company's warehouses until a later date, which may even be the beginning of the same selling season in the following year. Packaway inventory accounted for approximately 38% of total inventories as of January 31, 2009 and February 2, 2008. The cost of the Company’s merchandise inventory is reduced by valuation reserves for shortage based on historical shortage experience from the Company’s physical merchandise inventory counts and cycle counts. This excerpt taken from the ROST 10-Q filed Dec 10, 2008. Merchandise
inventory. Our merchandise inventory is
stated at the lower of cost or market, with cost determined on a weighted
average cost basis. We purchase manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in our
warehouses until a later date, which may even be the beginning of the same
selling season in the following year.
20 Included in the carrying value of our merchandise inventory is a provision for shortage. The shortage reserve is based on historical shortage rates as evaluated through our periodic physical merchandise inventory counts and cycle counts. If actual market conditions, markdowns, or shortage are less favorable than those projected by us, or if sales of the merchandise inventory are more difficult than anticipated, additional merchandise inventory write-downs may be required. This excerpt taken from the ROST 10-Q filed Sep 10, 2008. Merchandise
inventory. Our merchandise inventory is
stated at the lower of cost or market, with cost determined on a weighted
average cost basis. We purchase manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in our
warehouses until a later date, which may even be the beginning of the same
selling season in the following year.
20 Included in the carrying value of our merchandise inventory is a provision for shortage. The shortage reserve is based on historical shortage rates as evaluated through our periodic physical merchandise inventory counts and cycle counts. If actual market conditions, markdowns, or shortage are less favorable than those projected by us, or if sales of the merchandise inventory are more difficult than anticipated, additional merchandise inventory write-downs may be required. This excerpt taken from the ROST 10-Q filed Jun 11, 2008. Merchandise
inventory. Our merchandise inventory is
stated at the lower of cost or market, with cost determined on a weighted
average cost basis. We purchase manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in our
warehouses until a later date, which may even be the beginning of the same
selling season in the following year.
19 Included in the carrying value of our merchandise inventory is a provision for shortage. The shortage reserve is based on historical shortage rates as evaluated through our periodic physical merchandise inventory counts and cycle counts. If actual market conditions, markdowns, or shortage are less favorable than those projected by us, or if sales of the merchandise inventory are more difficult than anticipated, additional merchandise inventory write-downs may be required. These excerpts taken from the ROST 10-K filed Apr 1, 2008. Merchandise inventory.
Merchandise inventory is stated at the
lower of cost (determined using a weighted average basis) or net realizable
value. The Company purchases manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in the
Company's warehouses until a later date, which may even be the beginning of the
same selling season in the following year. Packaway inventory accounted for
approximately 38% of total inventories as of February 2, 2008 and February 3,
2007. The cost of the Company’s merchandise inventory is reduced by valuation
reserves for shortage based on historical shortage experience from the Company’s
physical merchandise inventory counts and cycle counts.
Merchandise inventory. Merchandise inventory is stated at the lower of cost (determined using a weighted average basis) or net realizable value. The Company purchases manufacturer overruns and canceled orders both during and at the end of a season which are referred to as "packaway" inventory. Packaway inventory is purchased with the intent that it will be stored in the Company's warehouses until a later date, which may even be the beginning of the same selling season in the following year. Packaway inventory accounted for approximately 38% of total inventories as of February 2, 2008 and February 3, 2007. The cost of the Company’s merchandise inventory is reduced by valuation reserves for shortage based on historical shortage experience from the Company’s physical merchandise inventory counts and cycle counts. This excerpt taken from the ROST 10-Q filed Dec 12, 2007. Merchandise
inventory. Our merchandise inventory is
stated at the lower of cost or market, with cost determined on a weighted
average cost method. We purchase manufacturer overruns and canceled orders both
during and at the end of a season which are referred to as "packaway" inventory.
Packaway inventory is purchased with the intent that it will be stored in our
warehouses until a later date, which may even be the beginning of the same
selling season in the following year. Included in the carrying value of our
merchandise inventory is a provision for shortage. The shortage reserve is based on
historical shortage rates as evaluated through our periodic physical merchandise
inventory counts and cycle counts. If actual market conditions, markdowns, or
shortage are less favorable than those projected by us, or if sales of the
merchandise inventory are more difficult than anticipated, additional
merchandise inventory write-downs may be required.
This excerpt taken from the ROST 10-Q filed Sep 12, 2007. Merchandise inventory. Our merchandise inventory is stated at the lower of cost or market, with cost determined on a weighted average cost method. We purchase manufacturer overruns and canceled orders both during and at the end of a season which are referred to as "packaway" inventory. Packaway inventory is purchased with the intent that it will be stored in our warehouses until a later date, which may even be the beginning of the same selling season in the following year. Included in the carrying value of our merchandise inventory is a provision for shortage. The shortage reserve is based on historical shortage rates as evaluated through our periodic physical merchandise inventory counts and cycle counts. If actual market conditions, markdowns, or shortage are less favorable than those projected by us, or if sales of the merchandise inventory are more difficult than anticipated, additional merchandise inventory
write-downs may be required.
This excerpt taken from the ROST 10-Q filed Jun 13, 2007. Merchandise inventory. Our merchandise inventory is stated at the lower of cost or market, with cost determined on a weighted average cost method. We purchase manufacturer overruns and canceled orders both during and at the end of a season which are referred to as "packaway" inventory. Packaway inventory is purchased with the intent that it will be stored in our warehouses until a later date, which may even be the beginning of the same selling season in the following year. Included in the carrying value of our merchandise inventory is a provision for shortage. The shortage reserve is based on historical shortage rates as evaluated through our periodic physical merchandise inventory counts and cycle counts. If actual market conditions, markdowns, or shortage are less favorable than those projected by us, or if sales of the merchandise inventory are more difficult than anticipated, additional merchandise inventory
write-downs may be required.
This excerpt taken from the ROST 10-K filed Apr 3, 2007. Merchandise inventory. Merchandise inventory is stated at the lower of cost (determined using a weighted average basis) or net realizable value. The Company purchases manufacturer overruns and canceled orders both during and at the end of a season which are referred to as "packaway" inventory. Packaway inventory is purchased with the intent that it will be stored in the Company's warehouses until a later date, which may even be the beginning of the same selling season in the following year. Packaway inventory accounted for approximately 38% of total inventories as of February 3, 2007 and 41% at January 28, 2006. The cost of the Company’s merchandise inventory is reduced by valuation reserves for shortage based on historical shortage experience from the Company’s physical merchandise inventory counts and cycle counts.
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