Posted On: 07/13/2014 6:47:18 PM
Post# of 96881
they'll have to consolidate their books first. they did not do that, as expected last period, but it was a q. and not the end of the fiscal year.
they have to make sure all the annual figures, from each of the 6 divisions and 7 locations (costs and expenses) reconcile and have been accurately applied. along with the last quarter entries. then they can see what profit they have. and then they can apply their criteria. i think they said they'd share 10% of profits (suspect above a certain level - whatever they've set or chosen)
i wouldn't expect them to have an answer for awhile. personally i think they'll get the total amounts projected (for div. and buybacks) done before the year is through. but i am not certain they'll have a quarterly out. with the android approval delays. and especially if they do buybacks. i guess we'll see.
they have to make sure all the annual figures, from each of the 6 divisions and 7 locations (costs and expenses) reconcile and have been accurately applied. along with the last quarter entries. then they can see what profit they have. and then they can apply their criteria. i think they said they'd share 10% of profits (suspect above a certain level - whatever they've set or chosen)
i wouldn't expect them to have an answer for awhile. personally i think they'll get the total amounts projected (for div. and buybacks) done before the year is through. but i am not certain they'll have a quarterly out. with the android approval delays. and especially if they do buybacks. i guess we'll see.
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