Adaptec 2005 Annual Report Download - page 37

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Table of Contents
(3) Results for the year ended December 31, 2005 include $0.9 million reversal of provision for doubtful accounts receivable included in Selling, general and
administrative expenses, $13.8 million restructuring costs; $6.3 million tax benefits comprised of $5.3 million excess R&D tax credits and $1.0 million
recovery of prior year sales tax, and $3.4 million foreign exchange loss on an income tax liability.
(4) Results for the year ended December 26, 2004 include $3.5 million net charge for additional excess facilities costs related to our 2001 restructurings, $1.3
million elimination of a provision for employee-related taxes included in Selling, general and administrative expenses, $9.2 million gain on sale of
investments, $5.1 million recovery of prior year taxes, $9.4 million tax recovery based on agreements and assessments with a tax authority and $1.5
million foreign exchange loss on an income tax liability.
(5) Results for the year ended December 28, 2003 include a $15.3 million net charge for restructuring costs comprised of $7.2 million for workforce reduction,
$11.9 million for excess facilities, $1.4 for asset impairments, $4.5 million reversal of excess facilities costs related to our October 2001 restructuring and
$0.7 million reversal of excess workforce reduction costs related to our January 2003 restructuring plan, the $1.8 million elimination of a provision for
potential litigation costs included in Selling, general and administrative expenses, and a $3.5 million receipt of prior year income taxes.
31
Source: PMC SIERRA INC, 10-K, February 22, 2008