Description
Certain amounts in the financial statements have been reclassified to conform to the 2015 presentation. In the first quarter of 2015, we reclassified freight costs on shipments to customers as cost of sales. Previously, these costs were recorded as a deduction from net sales. Reclassifications had no effect on net income (loss), cash flows or stockholders' equity as previously reported.
Discussion
ID
Source-000029757
Title
VALSPAR CORP's Annual Form 10-K report 2015
Year
2015
2013
2014
Report Type
Form 10-K
Annual Report
Companies