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Swick984

02/26/20 10:28 AM

#7799 RE: mwn #7798

It’s the change in GAAP to account for leases as both an asset and a liability. Tends to just confuse. Companies now have to report the value of the operating leases on their balance sheet as a liability, as well as an offsetting asset, which in AYSI’s case, they’ve termed a “right of use” asset.