Re: Teac - Lambert...jldmt
posted on
Jan 09, 2008 07:48PM
You have a misconception of what this $5,486,000 represents. It is not receivable or any additional revenue. Look at the income statement and scroll down to the line for Equity in Earnings of Affiliated Company. It is in the Six Months Ended November 30, 2007 column. All they are saying in this paragraph is that the top line Revenue number does not include this figure, that it is shown in the Other Income section instead.