0 million non-cash impairment charge related to the LSG customer agreement, which is included in the securitization, impairment and other (income) costs, net line of our consolidated statements of operations.
5 million of mark to market losses for two foreign exchange hedge agreements entered to control the foreign exchange risk associated with the initial acquisition price of CLD, which is included in the other expense line of our consolidated statements of operations.
8 million under the one time retention bonus agreement entered into with certain management employees, which is included in the selling, general and administrative expense line of our Consolidated Statements Of Operations
The Company's results will not be finalized by November 3, 2005, principally due to a delay in the computation of the tax provision in the Company's Statements of Operations
relating to the amount and timing of tax liabilities associated with the Company's Taiwanese operations.
The restatement will not result in any adjustment to the Consolidated Statements of Operations
Under the terms of the engagement, De Leon will audit EXA's balance sheet and related statements of operations
, stockholders' equity, and cash flows for the aforementioned year ends.
These documents were previously filed on June 30, 2005 but due to an inadvertent oversight, the consolidated balance sheet and consolidated statements of operations
and deficit, and of cash flows, for the period were omitted.
Management has chosen this vehicle as opposed to being a reporting company with the SEC primarily due to the over-burdensome compliance requirements and the costs associated with that compliance that are outside the scope of simply providing audited and verifiable financial statements and management statements of operations
Nasdaq:AIRN), a leading worldwide provider of broadband wireless access networks, including WiMAX-standard systems, today announced that it has restated its consolidated balance sheets and consolidated statements of operations
at and for the year ended December 31, 2004 reported in the Company's Form 10-K for the fiscal year ended December 31, 2004 (the "Form 10-K") and for the quarter ended October 3, 2004 reported in the Company's Form 10-Q for the fiscal quarter ended October 3, 2004 (the "Form 10-Q").