Restoration Hardware 2013 Annual Report Download - page 30
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Table of Contents
Changes to accounting rules or regulations may adversely affect our results of operations.
Leases
Our total assets include intangible assets with an indefinite life, goodwill and trademarks, and substantial amounts of long lived assets, principally
property and equipment. Changes to estimates or projections used to assess the fair value of these assets, or operating results that are lower than
our current estimates at certain store locations, may cause us to incur impairment charges that could adversely affect our results of operations.
If we are unable to implement and maintain effective internal control over financial reporting in the future, the accuracy and timeliness of our
financial reporting may be adversely affected.