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    For fiscal year 2010 compared to 2009, other income and expenses was primarily made up of net foreign currency gains and recognition of previously deferred licensing income from the 2008 sale of NIKE Bauer Hockey. The combination of foreign profits conversion and changes in foreign currency gains increased pre-tax income by approximately $34 million. For fiscal year 2009 compared to 2008, other income and expenses consisted of $43 million in foreign currency conversion gains and $24 million in licensing income from the 2008 sale of NIKE Bauer Hockey.

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    For fiscal year 2010 compared to 2009, other income and expenses was primarily made up of net foreign currency gains and recognition of previously deferred licensing income from the 2008 sale of NIKE Bauer Hockey. The combination of foreign profits conversion and changes in foreign currency gains increased pre-tax income by approximately $34 million. For fiscal year 2009 compared to 2008, other income and expenses consisted of $43 million in foreign currency conversion gains and $24 million in licensing income from the 2008 sale of NIKE Bauer Hockey.

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    8 views1 page

    Ma Dot

    Uploaded by

    Lukman Hakim
    For fiscal year 2010 compared to 2009, other income and expenses was primarily made up of net foreign currency gains and recognition of previously deferred licensing income from the 2008 sale of NIKE Bauer Hockey. The combination of foreign profits conversion and changes in foreign currency gains increased pre-tax income by approximately $34 million. For fiscal year 2009 compared to 2008, other income and expenses consisted of $43 million in foreign currency conversion gains and $24 million in licensing income from the 2008 sale of NIKE Bauer Hockey.

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    Neang freeFiscal 2010 Compared to Fiscal 2009

    Other (income) expense, net is primarily comprised of foreign currency conversion gains and losses from the remeasurement of
    monetary assets and
    liabilities in non−functional currencies, the impact of certain foreign currency derivative instruments, and unusual or non−recurring
    transactions that are
    outside the normal course of business. For fiscal 2010, other (income) expense, net was primarily comprised of net foreign currency
    gains and the
    recognition of previously deferred licensing income related to our fiscal 2008 sale of NIKE Bauer Hockey.
    For fiscal 2010, we estimate that the combination of translation of foreign currency−denominated profits from our international
    businesses and the
    year−over−year change in foreign currency related gains included in other (income) expense, net increased our income before income
    taxes by
    approximately $34 million.
    Fiscal 2009 Compared to Fiscal 2008
    For fiscal 2009, other (income) expense, net was primarily comprised of $43 million of foreign currency conversion gains and the
    recognition of $24
    million of licensing income related to our fiscal 2008 sale of the
    28Fiscal 2010 Compared to Fiscal 2009
    Other (income) expense, net is primarily comprised of foreign currency conversion gains and losses from the remeasurement of
    monetary assets and
    liabilities in non−functional currencies, the impact of certain foreign currency derivative instruments, and unusual or non−recurring
    transactions that are
    outside the normal course of business. For fiscal 2010, other (income) expense, net was primarily comprised of net foreign currency
    gains and the
    recognition of previously deferred licensing income related to our fiscal 2008 sale of NIKE Bauer Hockey.
    For fiscal 2010, we estimate that the combination of translation of foreign currency−denominated profits from our international
    businesses and the
    year−over−year change in foreign currency related gains included in other (income) expense, net increased our income before income
    taxes by
    approximately $34 million.
    Fiscal 2009 Compared to Fiscal 2008
    For fiscal 2009, other (income) expense, net was primarily comprised of $43 million of foreign currency conversion gains and the
    recognition of $24
    million of licensing income related to our fiscal 2008 sale of the
    28Fiscal 2010 Compared to Fiscal 2009
    Other (income) expense, net is primarily comprised of foreign currency conversion gains and losses from the remeasurement of
    monetary assets and
    liabilities in non−functional currencies, the impact of certain foreign currency derivative instruments, and unusual or non−recurring
    transactions that are
    outside the normal course of business. For fiscal 2010, other (income) expense, net was primarily comprised of net foreign currency
    gains and the
    recognition of previously deferred licensing income related to our fiscal 2008 sale of NIKE Bauer Hockey.
    For fiscal 2010, we estimate that the combination of translation of foreign currency−denominated profits from our international
    businesses and the
    year−over−year change in foreign currency related gains included in other (income) expense, net increased our income before income
    taxes by
    approximately $34 million.
    Fiscal 2009 Compared to Fiscal 2008
    For fiscal 2009, other (income) expense, net was primarily comprised of $43 million of foreign currency conversion gains and the
    recognition of $24
    million of licensing income related to our fiscal 2008 sale of the
    28

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