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These excerpts taken from the WDC 10-K filed Aug 20, 2008. Basis of
Presentation
The consolidated financial statements include the accounts of
the Company and its wholly owned subsidiaries. All significant
intercompany accounts and transactions have been eliminated in
consolidation. The accounts of foreign subsidiaries have been
remeasured using the U.S. dollar as the functional
currency. As such, gains or losses resulting from remeasurement
of these accounts from local currencies into U.S. dollars
are reflected in the results of operations. These gains and
losses were immaterial to the consolidated financial statements.
On September 5, 2007, the Company completed its acquisition
(the “Acquisition”) of Komag, Incorporated
(“Komag”). The Acquisition is further described in
Note 11 below. In connection with the Acquisition, Komag
became an indirect wholly-owned subsidiary of the Company and
changed its name to WD Media, Inc. (“WD Media”). WD
Media’s results of operations since the date of the
Acquisition are included in the consolidated financial
statements. The consolidated financial statements include the
accounts of the Company and its wholly-owned subsidiaries,
including WD Media. All significant inter-company accounts and
transactions have been eliminated in consolidation.
Basis of Presentation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The accounts of foreign subsidiaries have been remeasured using the U.S. dollar as the functional currency. As such, gains or losses resulting from remeasurement of these accounts from local currencies into U.S. dollars are reflected in the results of operations. These gains and losses were immaterial to the consolidated financial statements. On September 5, 2007, the Company completed its acquisition (the “Acquisition”) of Komag, Incorporated (“Komag”). The Acquisition is further described in Note 11 below. In connection with the Acquisition, Komag became an indirect wholly-owned subsidiary of the Company and changed its name to WD Media, Inc. (“WD Media”). WD Media’s results of operations since the date of the Acquisition are included in the consolidated financial statements. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, including WD Media. All significant inter-company accounts and transactions have been eliminated in consolidation. This excerpt taken from the WDC 10-K filed Aug 28, 2007. Basis of
Presentation
The consolidated financial statements include the accounts of
the Company and its wholly owned subsidiaries. All significant
intercompany accounts and transactions have been eliminated in
consolidation. The accounts of foreign subsidiaries have been
remeasured using the U.S. dollar as the functional
currency. As such, gains or losses resulting from remeasurement
of these accounts from local currencies into U.S. dollars
are reflected in the results of operations. These gains and
losses were immaterial to the consolidated financial statements.
This excerpt taken from the WDC 10-K filed Nov 20, 2006. Basis of
Presentation
The consolidated financial statements include the accounts of
the Company and its wholly owned subsidiaries. All significant
intercompany accounts and transactions have been eliminated in
consolidation. The accounts of foreign subsidiaries have been
remeasured using the U.S. dollar as the functional
currency. As such, gains or losses resulting from remeasurement
of these accounts from local currencies into U.S. dollars
are reflected in the results of operations. These gains and
losses were immaterial to the consolidated financial statements.
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