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Revision of Previously Issued Consolidated Financial Statements (Tables)
3 Months Ended
Jun. 03, 2023
Revision of Previously Issued Consolidated Financial Statements  
Summary of revisions to previously issued consolidated financial statements

    

Previously

    

    

As

(In 000’s, except per share amounts )

Reported

Adjustment

Revised

Balance Sheet:

Accrued salaries, wages, and other current liabilities

$

772,058

$

(15,143)

$

756,915

Total current liabilities

 

2,772,571

 

(15,143)

 

2,757,428

Other noncurrent liabilities

 

139,897

 

(32,709)

 

107,188

Total liabilities

 

8,597,866

 

(47,852)

 

8,550,014

Accumulated deficit

 

(6,908,235)

 

47,852

 

(6,860,383)

Total stockholders’ (deficit) equity

 

(947,448)

 

47,852

 

(899,596)

Statements of Operations and Comprehensive Loss:

 

  

 

  

 

  

Facility exit and impairment charges

$

20,001

$

(309)

$

19,692

Loss before income taxes

 

(305,225)

 

309

 

(304,916)

Net loss

 

(306,718)

 

309

 

(306,409)

Comprehensive loss

 

(306,718)

 

309

 

(306,409)

Basic and diluted loss per share

 

(5.56)

 

0.01

 

(5.55)

Statement of Cash Flows:

 

  

 

  

 

  

Net loss

$

(306,718)

$

309

$

(306,409)

Facility exit and impairment charges

 

20,001

 

(309)

 

19,692

    

Previously

    

    

As

(In 000’s, except per share amounts)

Reported

Adjustment

Revised

Balance Sheet:

 

  

 

  

 

  

Accrued salaries, wages, and other current liabilities

$

787,591

$

(13,560)

$

774,031

Total current liabilities

 

2,828,237

 

(13,560)

 

2,814,677

Other noncurrent liabilities

 

162,457

 

(27,985)

 

134,472

Total liabilities

 

8,558,149

 

(41,545)

 

8,516,604

Accumulated deficit

 

(5,961,772)

 

41,545

 

(5,920,227)

Total stockholders’ (deficit) equity

 

(8,376)

 

41,545

 

33,169

Statements of Operations and Comprehensive Loss:

 

  

 

  

 

  

Facility exit and impairment charges

$

66,571

$

(24,750)

$

41,821

Loss before income taxes

 

(106,694)

 

24,750

 

(81,944)

Net loss

 

(110,191)

 

24,750

 

(85,441)

Comprehensive loss

 

(110,191)

 

24,750

 

(85,441)

Basic and diluted loss per share

 

(2.03)

 

0.46

 

(1.57)

Statement of Cash Flows:

 

  

 

  

 

  

Net loss

$

(110,191)

$

24,750

$

(85,441)

Facility exit and impairment charges

 

66,571

 

(24,750)

 

41,821