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These excerpts taken from the SWHC 10-K filed Jun 30, 2009. Inventory
We value inventories, consisting primarily of finished firearm
components, finished firearms, and related products and
accessories, at the lower of cost, using the
first-in,
first-out (FIFO) method, or market. An allowance for potential
non-saleable inventory due to excess stock or obsolescence is
based upon a detailed review of inventory components, past
history, and expected future usage.
Inventory We value inventories, consisting primarily of finished firearm components, finished firearms, and related products and accessories, at the lower of cost, using the first-in, first-out (FIFO) method, or market. An allowance for potential non-saleable inventory due to excess stock or obsolescence is based upon a detailed review of inventory components, past history, and expected future usage. These excerpts taken from the SWHC 10-K filed Jun 30, 2008. Inventory
We value inventories, consisting primarily of finished firearms
components, finished firearms, and related products and
accessories, at the lower of cost, using the
first-in,
first-out (FIFO) method, or market. An allowance for potential
non-saleable inventory due to excess stock or obsolescence is
based upon a detailed review of inventory components, past
history, and expected future usage.
Inventory We value inventories, consisting primarily of finished firearms components, finished firearms, and related products and accessories, at the lower of cost, using the first-in, first-out (FIFO) method, or market. An allowance for potential non-saleable inventory due to excess stock or obsolescence is based upon a detailed review of inventory components, past history, and expected future usage. This excerpt taken from the SWHC 10-K filed Jul 16, 2007. Inventory
We value inventories, primarily consisting of finished firearms
components, finished firearms, and related products and
accessories, at the lower of cost, using the
first-in,
first-out (FIFO) method, or market. An allowance for potential
non-saleable inventory due to excess stock or obsolescence is
based upon a detailed review of inventory components, past
history, and expected future usage.
This excerpt taken from the SWHC 10-K filed Jul 14, 2006. Inventory
We value inventories, primarily consisting of finished firearms
components, finished firearms, and related products and
accessories, at the lower of cost, using the first-in, first-out
(FIFO) method, or market. An allowance for potential
non-saleable inventory due to excess stock or obsolescence is
based upon a detailed review of inventory components, past
history, and expected future usage.
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