Finalization of Business Combination Accounting for Trans American and Locher Evers International

「For the business combinations with Trans American and Locher Evers International conducted in the previous consolidated fiscal year, the identification of identifiable assets and liabilities and the measurement of fair values as of the business combination date had not been completed, and the purchase price allocation had therefore not been finalized. Accordingly, provisional accounting treatment was applied based on reasonable information available at the time. During the current consolidated fiscal year, the purchase price allocation was completed and the accounting treatment finalized.」

「For the business combinations with Trans American and Locher Evers International conducted in the previous consolidated fiscal year, the identification of identifiable assets and liabilities and the measurement of fair values as of the business combination date had not been completed, and the purchase price allocation had therefore not been finalized. Accordingly, provisional accounting treatment was applied based on reasonable information available at the time. During the current cumulative third quarter, the purchase price allocation was completed and the accounting treatment finalized. As a result of finalizing the provisional accounting treatment, significant revisions to the initial purchase price allocation are reflected in the comparative information included in the quarterly consolidated financial statements for the current cumulative third quarter.」