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These excerpts taken from the WEN 10-K filed Mar 13, 2009. tock
Common
stock held in treasury is stated at cost. The cost of issuances of
shares from treasury stock is determined at average cost.
Costs
of business acquisitions
Under
SFAS No. 141, “Business Combinations”, (“SFAS 141”) the Company defers any costs
incurred relating to the pursuit of business acquisitions while the potential
acquisition process is ongoing. If the acquisition is successful,
such costs are then included as a component of the purchase price of the
acquired entity. Whenever the Company decides it will no longer
pursue a potential acquisition, any related deferred costs are expensed at that
time. During December 2007, the FASB issued SFAS No. 141 (revised
2007), “Business Combinations” (“SFAS 141(R)”), which requires that, subsequent
to the adoption date of the standard, all such costs are to be expensed when
incurred. SFAS 141(R) applies prospectively to the Company’s business
combinations occurring after December 28, 2008.
tock Common stock held in treasury is stated at cost. The cost of issuances of shares from treasury stock is determined at average cost. Costs of business acquisitions Under SFAS No. 141, “Business Combinations”, (“SFAS 141”) the Company defers any costs incurred relating to the pursuit of business acquisitions while the potential acquisition process is ongoing. If the acquisition is successful, such costs are then included as a component of the purchase price of the acquired entity. Whenever the Company decides it will no longer pursue a potential acquisition, any related deferred costs are expensed at that time. During December 2007, the FASB issued SFAS No. 141 (revised 2007), “Business Combinations” (“SFAS 141(R)”), which requires that, subsequent to the adoption date of the standard, all such costs are to be expensed when incurred. SFAS 141(R) applies prospectively to the Company’s business combinations occurring after December 28, 2008. | EXCERPTS ON THIS PAGE:
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