Kulicke And Soffa Industries Says One Of Its Strategic Customers Has Cancelled Project W; Company Expects To Incur Pre-tax Charges, Including Impairments, Of $110M-$130M
Kulicke And Soffa Industries Says One Of Its Strategic Customers Has Cancelled Project W; Company Expects To Incur Pre-tax Charges, Including Impairments, Of $110M-$130M
In connection with the foregoing, on March 11, 2024, the company committed to a plan to cease operational activities and commence wind down activities concerning various aspects of the Project, as a result of which the Company expects to incur pre-tax charges, including impairments, in the range of $110 million and $130 million. The Company also expects to incur pre-tax non-cash impairment charges of (i) between approximately $49 million and $53 million of inventory write-down charges, and (ii) between approximately $44 million and $48 million of impairment charges relating to long-lived assets.
綜上所述，該公司於2024年3月11日承諾計劃停止運營活動並開始結束與該項目各個方面的活動，因此，公司預計將產生包括減值在內的稅前費用，範圍在1.1億美元至1.3億美元之間。該公司還預計將產生稅前非現金減值費用，包括（i）約4900萬至5,300萬美元的庫存減值費用，以及（ii）與長期資產相關的約4,400萬至4,800萬美元的減值費用。