Accounting Review Leads K2 Into A Big Loss

2006-03-15T00:00:00

K2 reported a loss of $232.2 million in its 4th quarter ended Dec. 31, as compared to a profit of $13.5 million in the same period a year earlier. The severe loss was the result of a writedown of intangibles after a routine accounting assessment last November showed that K2’s ...

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