Presenting a statement of operations in conformity with the requirements for statements of operations
of management investment companies in the Audit and Accounting Guide Audits of Investment Companies.
1 million for the quarter ended June 30, 2008 relate to the Louisville, Kentucky pension plan termination which is included in the securitization, impairment and other costs line of our consolidated statements of operations
4 million of investigatory and audit costs related to the restatements which are included in the selling, general and administrative expense line of our consolidated statements of operations
9 million of non-cash incentive compensation expense related to management incentive stock options, which is included in the selling, general and administrative expense line of our condensed consolidated statements of operations
Quarterly US GAAP statements of operations
, statements of cash flows and balance sheets, and a reconciliation of net income and equity from US GAAP to IFRS are available on ASML.
The Company incorrectly presented the use of these NOLs in its quarterly statements of operations
and is now restating these results to show the correct presentation.
The financial statements expected to be restated are the consolidated balance sheets as of March 31, 2006 and 2005 and the consolidated statements of operations
, stockholders' equity and comprehensive income (loss), and cash flows for each of the years in the three year period ended March 31, 2006.
7 million of costs associated with the inventory step-up to fair market value recorded at the CLD Acquisition date, which are included in the cost of sales line of our Consolidated Statements Of Operations