Reclassification Adjustments. During the preparation of the unaudited pro forma combined financial statements, management performed a preliminary analysis of the Vivint financial information to identify differences in Vivint’s financial statement presentation as compared to the presentation of NRG. The below reclassification adjustments represent NRG’s best estimates based upon the information currently available to NRG. The reclassification adjustments are subject to change once more detailed information is available and additional analysis is performed. Balance Sheet Reclassifications Consolidated Balance Sheet As of December 31, 2022 (In millions) Presentation in Historical Financial Statements Presentation in Unaudited Pro Forma Combined Financial Statements Vivint Before Reclassification Reclassification Vivint as Reclassified Assets Cash and cash equivalents Cash and cash equivalents $ 284 $ — $ 284 Accounts and notes receivable, net Accounts receivable, net 56 — 56 Prepaid expenses and other current assets Prepayments and other current assets 30 — 30 Property, plant and equipment, net Property, plant and equipment, net 62 — 62 Capitalized contract costs, net 1,486 (1,486) (a) — Deferred financing costs, net 2 (2) (a) — Intangible assets, net Intangible assets, net 2 — 2 Goodwill Goodwill 817 — 817 Long-term notes receivables and other non-current assets, net Other non-current assets 25 1,488 (a) 1,513 Total Assets $ 2,879 — $ 2,879 Vivint Consolidated Balance Sheet As of December 31, 2022 (Continued) Presentation in Historical Financial Statements Presentation in Unaudited Pro Forma Combined Financial Statements Vivint Before Reclassification Reclassification Vivint as Reclassified Liabilities Accounts payable Accounts payable $ 121 $ — $ 121 Accrued payroll and commissions 83 (83) (b) — Accrued expenses and other current liabilities Accrued expenses and other current liabilities 200 591 (b)(c) 791 Deferred revenue 508 (508) (c) — Current portion of notes payable, net Current portion of long-term debt and finance leases 14 3 (d) 17 Current portion of operating lease liabilities Current portion of operating lease liabilities 13 — 13 Current portion of finance lease liabilities 3 (3) (d) — Notes payable, net Long-term debt and finance leases 2,236 460 (e)(f) 2,696 Notes payable, net - related party 455 (455) (e) — Finance lease liabilities, net of current portion 5 (5) (f) — Deferred revenue, net of current portion 852 (852) (g) — Operating lease liabilities, net of current portio...
Reclassification Adjustments. Methode has completed a preliminary review of the financial statement presentation of Grakon for purposes of the Unaudited Pro Forma Combined Financial Information. During this review, the following financial statement reclassifications were performed in order to align the presentation of Xxxxxx’s financial information with that of Methode: Historical Reclassification Reclassified Financial Statement Line Item Grakon Adjustment Grakon Balance Sheet as of July 28, 2018 4(a) Accounts receivable, net $ 31.2 $ (31.2 ) $ — Accounts Receivable, Less Allowance (2018 - $0.5 and 2017 $0.6) — 31.2 31.2 4(b) Inventories, net 23.3 (23.3 ) — Finished Products — 11.4 11.4 Work in Process — 1.8 1.8 Materials — 10.1 10.1 Total Inventories — 23.3 23.3 4(c) Prepaid expenses and other assets 8.9 (8.9 ) — Prepaid Expenses and Other Current Assets — 8.9 8.9 4(d) Property and Equipment, net 17.2 (17.2 ) — Land — — — Buildings and Buildings Improvements — 15.3 15.3 Machinery and Equipment, Gross — 13.6 13.6 Property, Plant and Equipment, Gross — 28.9 28.9 Less: Allowance for Depreciation — 11.8 11.8 PROPERTY, PLANT AND EQUIPMENT, NET — — — 4(e) Goodwill 103.8 (103.8 ) — Goodwill — 103.8 103.8 4(f) Intangibles, net 87.4 (87.4 ) — Other Intangibles, Less Accumulated Amortization — 87.4 87.4 4(g) Deposits 0.4 (0.4 ) — Other — 0.4 0.4 4(h) Accrued liabilities 11.1 (11.1 ) — Deferred revenue 2.4 (2.4 ) — Other Accrued Expenses — 13.5 13.5 4(i) Current portion of long-term debt 5.1 (5.1 ) — Short-term Debt — 5.1 5.1 Statement of Income for the 12 months ended April 28, 2018 4(k) Cost of Sales 84.1 (84.1 ) — Cost of Products Sold — 84.1 84.1 4(l) Selling, general and administrative expenses 24.6 (24.6 ) — Net Sales — (0.8 ) (0.8 ) Cost of Products Sold — 0.5 0.5 10 Other Income, Net — — — Selling and Administrative Expenses — 24.8 24.8 4(m) Depreciation and amortization 11.5 (11.5 ) — Cost of Products Sold — 1.3 1.3 Amortization of Intangibles — 10.2 10.2 4(n) Interest expense 5.6 (5.6 ) — Interest (Income) Expense, Net — 5.6 5.6 4(o) Other (expense) income (0.1 ) 0.1 — Other Income, Net — (0.1 ) (0.1 ) 4(p) Income (Loss) Before Provision For Income Tax 16.7 (16.7 ) — Income before Income Taxes — 16.7 16.7 4(q) Provision for income tax 4.2 (4.2 ) — Income Tax Expense — 4.2 4.2 Statement of Income for the 3 months ended July 28, 2018 4(r) Cost of Sales 29.0 (29.0 ) — Cost of Products Sold — 29.0 29.0 4(s) Xxxxxxx, general and administrative expenses 5.7 (5.7 ) — Cost of Products Sold — ...
Reclassification Adjustments. The accounting policies used in the preparation of this unaudited pro forma condensed combined financial information are those set out in Marvell’s financial statements as of and for the year ended February 3, 2018. With the information currently available, Marvell has determined that no significant adjustments are necessary to conform Cavium’s financial statements to the accounting policies used by Marvell in the preparation of the unaudited pro forma condensed combined financial information. Certain reclassification adjustments have been made to the unaudited pro forma condensed combined financial information to conform Cavium’s historical unaudited condensed consolidated balance sheet as of March 31, 2018 to Marvell’s financial statement presentation. The unaudited pro forma condensed combined financial information may not reflect all reclassifications necessary to conform Cavium’s financial statement presentation to that of Marvell due to limitations on the availability of information as of the date of the Current Report on Form 8-K on which these financial statements are filed as an exhibit. Additional reclassification adjustments may be identified as more information becomes available.
Reclassification Adjustments. The reclassification adjustments to the historical presentation of RSI’s income statements and balance sheet were made to conform RSI’s presentation to American Woodmark’s presentation. Further review of RSI’s financial statements may result in additional reclassifications to conform to American Woodmark’s presentation. American Woodmark does not expect that any such revision would be material. The reclassification adjustments are presented below.
Reclassification Adjustments. The accounting policies used in the preparation of this unaudited pro forma condensed combined financial information are those set out in Keysight’s consolidated financial statements as of and for the year ended October 31, 2016. With the information currently available, Xxxxxxxx has determined that no significant adjustments are necessary to conform Ixia’s consolidated financial statements to the accounting policies used by Xxxxxxxx in the preparation of the unaudited pro forma condensed combined financial information. Certain reclassification adjustments have been made to Ixia’s historical consolidated balance sheet as of December 31, 2016 and consolidated results of operations for the three months and year ended December 31, 2016 and for the three months ended December 31, 2015 to conform to Xxxxxxxx’s presentation. The pro forma financial information may not reflect all reclassifications necessary to conform Ixia’s presentation to that of Keysight due to limitations on the availability of information as of the date of this document. Accounting policy differences and additional reclassification adjustments may be identified as more information becomes available.
