This excerpt taken from the WEN 8-K filed Dec 27, 2007.
The unaudited condensed consolidated statement of operations for the year ended December 31, 2006 has been restated for the adoption of FSP AIR-1, effective January 1, 2007. As a result, the Company now
accounts for scheduled major aircraft maintenance overhauls in accordance with the direct expensing method under which the actual cost of such overhauls is recognized as expense in the period it is incurred. Previously, the Company accounted for
scheduled major maintenance activities in accordance with the accrue-in-advance method under which the estimated cost of such overhauls was recognized as expense in periods through the scheduled date of the respective overhaul with any difference
between estimated and actual cost recorded in results from operations at the time of the actual overhaul. The effect of this adoption on the consolidated statement of operations for the year ended December 31, 2006 was to reduce general and
administrative expenses by $621,000 and to increase the provision for income taxes by $224,000, resulting in a $397,000 net reduction of loss from continuing operations, representing a $.01 reduction of loss per share from continuing