United States General Accounting Office Washington, DC 20548 January 17, 2003 The Honorable Paul S. Sarbanes Ranking Minority Member Committee on Banking, Housing, and Urban Affairs United States Senate Subject: Financial Statement Restatement Database On October 4, 2002, we issued a report to you entitled Financial Statement Restatements: Trends, Market Impacts, Regulatory Responses, and Remaining Challenges (Washington, D.C.: GAO-03-138). That report included a listing of 919 restatements we identified as having been made because of accounting irregularities between January 1, 1997, and June 30, 2002. Since its release, the report has drawn considerable attention from academics and other researchers, and we have received numerous requests for additional data about these restatements. As a result, and with the agreement of your office, we are releasing our database of information collected from public sources on the 919 restatements. We encourage researchers and the public to consider our objectives, scope, and methodology (enclosure I) and engage in their own analyses of the data contained in our restatements database (enclosure II). In addition to providing the name of each company associated with a restatement announcement, we are including the company’s stock ticker symbol, the market on which the stock was trading at the time of the announcement, the date of the announcement, the entity that prompted the restatement, and the reason(s) for the restatement. We are not releasing stock price or market capitalization data, since we obtained this information from proprietary sources, but we are including the number of shares outstanding for each company. As we stated in our October report, certain of these items, such as the entity that prompted the restatement and the reason for the restatement, are subject to interpretation, and other researchers may categorize certain restatements differently. The database we are releasing today is an updated version of the one we used for the original report. It has been a work-in-progress, and we have further refined it as we have obtained additional details. In particular, we uncovered new information for many of the 919 cases, including details about initial announcement dates and the reasons for the restatements. We performed analyses with the new information and determined that the new data resulted in only minor changes to the effects and trends we had initially reported. Incorporating the additional information, we found that the unadjusted and market-adjusted immediate losses in the market capitalization of restating companies approximated $100 billion and $96 GAO-03-395R Financial Statement Restatement Database billion, respectively, as originally reported.1 The average holding period abnormal return over the immediate window was unchanged at –9.5 percent.2 We also recalculated the unadjusted and market-adjusted intermediate losses in the market capitalization of restating companies and found only marginal differences from the figures given in our original report.3 The average holding period abnormal return over the intermediate window (60 trading days before and 60 trading days after the announcement) remained essentially unchanged (–18.1 percent versus the –18.2 percent originally reported). The new information incorporated into the database also resulted in virtually no changes in the reasons for the restatements that we originally reported (see table 1, enclosure I). The most notable changes involved restatements that we had originally classified as “other.” Additional information allowed us to reclassify numerous restatements from the “other” category. As a result, the “cost or expense” and “restructuring, assets, or inventory” categories, which had originally included 15.7 percent and 8.9 percent of the 919 restatements, respectively, rose to 16.9 percent and 10.9 percent. Further, with the new information, the share of restatements classified in the “revenue recognition” category fell slightly, from 37.9 percent to 37.4 percent. Losses in the market values of restating companies associated with revenue recognition issues continued to account for more than half of the total losses. Additionally, with further information we were able to determine that a restatement that we had originally reported as having first been announced in 2000 was more appropriately classified as having first been announced in 1999. We are sending copies of this report to the Chairman of the Senate Committee on Banking, Housing, and Urban Affairs; the Chairmen and Ranking Minority Members of the Senate Committee on Governmental Affairs and the House Committee on Financial Services; and other interested congressional committees. We will also send copies to the Chairman of the SEC and will make copies available to others upon request. The report will also be available at no charge on GAO’s home page at http://www.gao.gov. 1 Unadjusted losses in market capitalization were computed from raw stock price data and were not adjusted for overall market fluctuations, whereas adjusted losses were calculated in order to take into account overall market fluctuations. 2 We used the average holding period abnormal return, a market-adjusted performance measure calculated from a specified date before (for example, one trading day) to a specified date after (for example, one trading day) the initial announcement of a financial statement restatement, to capture the average impact of a restatement announcement on the stock price of a restating company. In calculating this average, we first calculated the holding period abnormal return (the unexpected return due to the announcement) for each restating company’s stock over the company-specific time period. We then averaged the holding period abnormal returns for all restatement announcements. 3 Originally, we reported unadjusted and market-adjusted intermediate losses of $239.1 billion and $188.1 billion, respectively, but recalculating the totals with the new additional data revealed losses of $224.4 billion and $175.3 billion. Page 2 GAO-03-395R Financial Statement Restatement Database If you or your staff have any questions regarding this report, please contact Orice M. Williams or me at (202) 512-8678. Sincerely yours, Davi M. D’Agostino Director, Financial Markets and Community Investment Enclosures Page 3 GAO-03-395R Financial Statement Restatement Database Enclosure I To determine the number of and reasons for financial statement restatements since 1997, we identified financial statement restatements announced from January 1, 1997, through June 30, 2002, using the Lexis-Nexis on-line information service to search for press releases and other media coverage. When developing our search methodology for identifying financial statement restatements, we reviewed the approaches used in several academic and nonacademic research papers.4 Using the Lexis-Nexis “Power Search” command and the “US News, Combined” database, we performed a keyword search using “restate,” “restates,” “restated,” “restating,” or “restatement” within 50 words of “financial statement” or “earnings.” We also used other variations such as “adjust,” “amend,” and “revise.” In addition, we included some restatements identified through other sources, such as the Securities and Exchange Commission (SEC). To our knowledge, no comprehensive and authoritative database of financial statement restatements exists. While several academic and nonacademic researchers have constructed and maintained their own databases, these lists are generally proprietary and, thus, not publicly available. Moreover, in constructing their databases these researchers use different methods, criteria, and sample periods, making it difficult to directly compare their databases with ours.5 Because we have no means of determining its relative completeness or accuracy, our database should be viewed as a sample of financial statement restatements identified using our particular search methodology, and the results of our analysis should be viewed with this caveat in mind. Although companies restate their financial statements for many reasons, most restatements are routine and do not indicate accounting irregularities. For purposes of our review, we focused on financial restatements resulting from accounting irregularities, including so-called “aggressive” accounting practices, intentional and unintentional misuse of facts applied to financial statements, oversight or misinterpretation of accounting rules, and fraud. Also, we included in our database all restatements made because of such irregularities, regardless of the impact on the restating company’s financials. We excluded restatements resulting from 4 Our sources included Financial Executives International and M. Wu, Quantitative Measures of the Quality of Financial Reporting, Internet-Based Special Report (Morristown, NJ: FEI Research Foundation, 2001); M. Jickling, Accounting Problems Reported in Major Companies Since Enron, Report for Congress (Washington, D.C.: Congressional Research Service, 2002); Z.V. Palmrose, V. Richardson, and S. Scholz, “Determinants of Market Reactions to Restatement Announcements,” Working Paper (Los Angeles, Ca.: University of Southern California, 2002); Z.V. Palmrose and S. Scholz, “Accounting Causes and Litigation Consequences of Restatements,” Working Paper (Los Angeles, Ca: University of Southern California, 2002); Huron Consulting Group, A Study of Restatement Matters, Internet-Based Report (Chicago, Ill: Huron Consulting Group, 2002); L. Turner, J. Dietrich, K. Anderson, and A. Bailey, “Accounting Restatements,” Working Paper (Washington, D.C.: Securities and Exchange Commission, 2001); and M. Wu, “Earnings Restatements: A Capital Market Perspective,” Working Paper (New York: New York University, 2002). 5 We were able to cross-check portions of our list with lists compiled by the Congressional Research Service in Washington, D.C.; the SEC; and Turner and others, “Accounting Restatements” (2001). See footnote 4 for complete bibliographic citation. Page 4 GAO-03-395R Financial Statement Restatement Database Enclosure I mergers and acquisitions, discontinued operations, stock splits, issuance of stock dividends, currency-related issues (for example, converting from Canadian dollars to U.S. dollars), changes in business segment definitions, changes due to transfers of management, changes made for presentation purposes, general accounting changes under generally accepted accounting principles (GAAP), litigation settlements, and arithmetic and general bookkeeping errors. As a general rule, we also excluded restatements resulting from accounting policy changes because they did not necessarily reveal previously undisclosed, economically meaningful data to market participants.6 Once we had identified a relevant restatement, we classified it into 1 or more of 13 categories based on the information presented in the initial restatement announcement or collected from other relevant information.7 For purposes of analysis, we further collapsed these 13 categories into 9 categories—(1) acquisitions and mergers; (2) cost or expense; (3) in-process research and development; (4) reclassification; (5) related-party transactions; (6) restructuring, assets, or inventory; (7) revenue recognition; (8) securities related; and (9) other (table 1).8 Our classification closely resembles that employed by Financial Executives International and M. Wu in Quantitative Measures of the Quality of Financial Reporting (2001) and Huron Consulting Group in A Study of Restatement Matters (2002).9 6 Based on discussions with SEC officials, we included restatements that stemmed from the issuance of SEC Staff Accounting Bulletin No. 101 (SAB 101), “Revenue Recognition in Financial Statements—Frequently Asked Questions and Answers” (December 3, 1999). According to SEC officials, SAB 101 represented a clarification of existing guidance, and any restatement made in response to the bulletin would have been to correct a previous misstatement of financial reports. 7 We subsequently used SEC’s Electronic Data Gathering Analysis and Retrieval database—through which public companies electronically file registration statements, periodic reports, and other forms—to verify certain information provided in company press releases and press articles. 8 Some restatement announcements cited multiple accounting issues (for example, improper revenue recognition, improper recording of cost of goods sold, and improper valuation of inventory). In these cases, we included the restatement in all applicable categories, and in the analyses involving stratification by restatement reason, we assigned equal fractional weights to the reasons. For the above example, we would assign each reason (revenue recognition, cost or expense, and restructuring, assets, or inventory) a weight of one-third when calculating the market capitalization loss. 9 For full bibliographic citation, see footnote 2. Page 5 GAO-03-395R Financial Statement Restatement Database Enclosure I Table 1: Categories of Restatements Category Description Acquisitions and Restatements of acquisitions or mergers that were improperly accounted for or not accounted for at all. mergers These include instances in which the wrong accounting method was used or losses or gains related to the acquisition were understated or overstated. This category does not include in-process research and development or restatements for mergers, acquisitions, and discontinued operations when appropriate accounting methods were employed. Cost or expense Restatements due to improper cost accounting. This category includes instances of improperly recognizing costs or expenses, improperly capitalizing expenditures, or any other number of mistakes or improprieties that led to misreported costs. It also includes restatements due to improper treatment of tax liabilities, income tax reserves, and other tax-related items. In-process research Restatements resulting from instances in which improper accounting methodologies were used to value and development in-process research and development at the time of an acquisition. Other Any restatement not covered by the listed categories. Cases included in this category include restatements due to inadequate loan-loss reserves, delinquent loans, loan write-offs, improper accounting for bad loans and restatements due to fraud, and accounting irregularities that were left unspecified. Reclassification Restatements due to improperly classified accounting items. These include restatements due to improprieties such as debt payments being classified as investments. Related-party Restatements due to inadequate disclosure or improper accounting of revenues, expenses, debts, or assets transactions involving transactions or relationships with related parties. This category includes those involving special-purpose entities. Restructuring, Restatements due to asset impairment, errors relating to accounting treatment of investments, timing of assets, or inventory asset write-downs, goodwill, restructuring activity and inventory valuation, and inventory quantity issues. Revenue Restatements due to improper revenue accounting. This category includes instances in which revenue was recognition improperly recognized, questionable revenues were recognized, or any other number of mistakes or improprieties were made that led to misreported revenue. Securities related Restatements due to improper accounting for derivatives, warrants, stock options, and other convertible securities. Source: GAO. Note: We excluded announcements involving stock splits and changes in accounting principles, as well as other financial statement restatements that were not made to correct mistakes in the application of accounting standards. We collected data on the number of shares outstanding, typically by using SEC’s Electronic Data Gathering Analysis and Retrieval (EDGAR) on-line database. We obtained the number of shares outstanding from a company’s Form 10-Q covering the 3-month period during which the restatement announcement was made. Specifically, we obtained the average number of diluted shares over this period.10 If this figure was not available, we used either the latest Form 10-Q, the appropriate Form 10-K, or other company sources. The stock price and number of shares outstanding for each restating company were subsequently used to calculate the approximate market capitalization for relevant periods. 10 Diluted shares are the pools of common shares outstanding issued by a company, which are combined with the shares that would be created upon the conversion of the company’s options, warrants, and convertible securities. Page 6 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason System Software Associates, Inc. SSAX Nasdaq 1/7/1997 42,600,000 Auditor Revenue recognition Soligen Technologies, Inc. SGT Amex 1/10/1997 31,434,285 ? Securities related Physicians Laser Services, Inc. PHLZ OTC 1/16/1997 n/a Company Acquisitions and mergers Perceptron, Inc. PRCP Nasdaq 1/22/1997 7,660,000 Auditor Securities related UStel Inc. USTL Nasdaq 1/23/1997 3,578,851 Company Cost or expense Other American Standard Companies Inc. ASD NYSE 1/24/1997 78,800,057 ? Cost or expense Mercury Finance Company MFN NYSE 1/29/1997 172,465,000 Company Unspecified Perceptronics, Inc. PCTR OTC 2/4/1997 4,471,063 ? Revenue recognition Micro-Integration Corporation MINT Nasdaq 2/5/1997 2,502,403 Company Unspecified Oak Industries Inc. OAK NYSE 2/10/1997 18,549,000 Company Cost or expense Centennial Technologies Inc. CTN NYSE 2/11/1997 18,386,902 Company Unspecified HealthPlan Services Corporation HPS NYSE 2/17/1997 15,058,000 Company Acquisitions and mergers Silicon Valley Research, Inc. SVRI Nasdaq 2/18/1997 11,584,019 Company Revenue recognition Cost or expense Ascent Entertainment Group, Inc. GOAL Nasdaq 2/20/1997 29,754,000 Company Restructuring, assets, or Acquisitions and Cost or expense inventory mergers Summit Medical Systems, Inc. SUMT Nasdaq 3/3/1997 10,347,575 Company Revenue recognition Craig Consumer Electronics Inc. CREG Nasdaq 3/10/1997 2,935,811 Company Restructuring, assets, or inventory Unison HealthCare Corporation UNHC Nasdaq 3/11/1997 6,214,000 ? Unspecified Ancor Communications, Inc. ANCR Nasdaq 3/14/1997 10,430,948 ? Revenue recognition Health Management, Inc. HMIS Nasdaq 3/17/1997 18,294,474 ? Cost or expense Photran Corporation PTRN Nasdaq 3/24/1997 5,156,259 Company Revenue recognition Simula, Inc. SMU NYSE 3/25/1997 8,996,495 SEC Acquisitions and mergers Acacia Research Corporation ACRI Nasdaq 3/31/1997 2,677,875 Auditor Securities related Medaphis Corporation MEDA Nasdaq 3/31/1997 72,235,000 Company Revenue recognition Cost or expense Electrosource, Inc. ELSI Nasdaq 4/1/1997 4,096,964 ? Cost or expense MRV Communications, Inc. MRVC Nasdaq 4/1/1997 24,892,000 ? Cost or expense fonix corporation FONX Nasdaq 4/3/1997 42,105,189 Auditor Cost or expense Molten Metal Technology, Inc. MLTNE Nasdaq 4/15/1997 23,600,212 ? Restructuring, assets, or inventory Santa Anita Companies SAR NYSE 4/15/1997 11,479,876 ? Restructuring, assets, or inventory First Merchants Acceptance Corporation FMAC Nasdaq 4/16/1997 6,436,519 Company Unspecified Healthplex, Inc. HPLX Nasdaq 4/16/1997 3,716,508 ? Cost or expense Donnkenny, Inc. DNKY Nasdaq 4/16/1997 14,069,940 ? Unspecified Computron Software, Inc. CTRN OTC 4/17/1997 n/a ? Unspecified Paracelsus Healthcare Corporation PLS NYSE 4/17/1997 54,879,000 Company Revenue recognition Cost or expense Loan-loss Discount Auto Parts Inc. DAP NYSE 4/17/1997 16,582,460 Company Revenue recognition WebSecure Inc. WEBS Nasdaq 4/18/1997 5,606,496 Company Revenue recognition First USA, Inc. FUS NYSE 4/24/1997 139,103,428 ? Revenue recognition Cost or expense Carrington Laboratories, Inc. CARN Nasdaq 4/28/1997 8,898,000 SEC Securities related Material Sciences Corporation MSC NYSE 4/30/1997 15,475,000 Company Unspecified National Health Enhancement Systems, NHES Nasdaq 5/1/1997 6,631,398 ? Revenue recognition Inc. Management Technologies Inc. MTCIE Nasdaq 5/2/1997 113,624,139 Company Unspecified Dyna Group International Inc. DGIX Nasdaq 5/16/1997 7,512,925 ? Restructuring, assets, or inventory Universal Seismic Associates, Inc. USAC Nasdaq 5/16/1997 5,239,109 Company Cost or expense InPhyNet Medical Management, Inc. IMMI Nasdaq 5/20/1997 16,371,910 SEC Cost or expense Astrocom Corporation ATCC OTC 5/22/1997 n/a Company Restructuring, assets, or inventory Page 7 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason International Nursing Services, Inc. NURS Nasdaq 5/23/1997 8,062,336 SEC Unspecified Unocal Corporation UCL NYSE 5/23/1997 249,583,000 ? Securities related Video Display Corporation VIDE Nasdaq 5/31/1997 4,418,000 ? Restructuring, assets, or inventory Geographics, Inc. GGIT Nasdaq 6/12/1997 9,467,877 Company Restructuring, assets, or inventory Wiz Technology, Inc. WZTC OTC 6/16/1997 10,000,094 Company Revenue recognition Foxmoor Industries Limited FOXI Nasdaq 6/18/1997 1,861,650 Company Unspecified Meridian National Corporation MRCO Nasdaq 6/20/1997 3,488,246 ? Reclassification UROHEALTH Systems, Inc. UROH Nasdaq 7/1/1997 23,835,046 ? Revenue recognition American Business Information, Inc. ABII Nasdaq 7/15/1997 48,774,000 ? Acquisitions and mergers Wilshire Financial Services Group Inc. WFSG Nasdaq 7/16/1997 8,239,094 Auditor Revenue recognition United Dental Care, Inc. UDCI Nasdaq 7/29/1997 8,942,616 ? Cost or expense America Online, Inc. AOL NYSE 8/7/1997 1,194,700,000 SEC Revenue recognition Cost or expense Informix Corporation IFMX Nasdaq 8/7/1997 152,352,000 Auditor Revenue recognition First Colorado Bancorp, Inc. FFBA Nasdaq 8/8/1997 15,955,863 ? Cost or expense USA Detergents Inc. USAD Nasdaq 8/11/1997 13,795,000 Company Revenue recognition Cost or expense GranCare, Inc. GC NYSE 8/14/1997 23,815,742 ? Other HMI Industries Inc. HMII Nasdaq 8/14/1997 4,956,276 Company Restructuring, assets, or inventory In Home Health, Inc. IHHI Nasdaq 8/14/1997 16,295,897 ? Revenue recognition Hudson Technologies Inc. HDSN Nasdaq 8/15/1997 5,065,820 Company Revenue recognition Federal-Mogul Corporation FMO NYSE 8/18/1997 42,000,000 ? Cost or expense Other Israel Land Development Company ILDCY Nasdaq 9/2/1997 n/a ? Restructuring, assets, or inventory Alabama National BanCorp ALAB Nasdaq 9/19/1997 6,774,000 ? Acquisitions and mergers Arzan International (1991) Limited AZNFE Nasdaq 9/19/1997 n/a ? Acquisitions and mergers PictureTel Corporation PCTL Nasdaq 9/19/1997 37,803,000 ? Revenue recognition First USA Paymentech, Inc. PTI NYSE 9/24/1997 35,452,000 ? Acquisitions and mergers Paging Network, Inc. PAGE Nasdaq 9/25/1997 102,600,000 ? Restructuring, assets, or inventory AMNEX, Inc. AMXI Nasdaq 9/26/1997 31,597,000 ? Cost or expense FOCUS Enhancements, Inc. FCSE Nasdaq 10/20/1997 13,816,516 Nasdaq Reclassification Medaphis Corporation MEDA Nasdaq 10/27/1997 73,208,235 ? Revenue recognition National Steel Corporation NS NYSE 10/30/1997 43,288,240 Company Reclassification Genesco Inc. GCO NYSE 10/31/1997 27,351,000 SEC Cost or expense S3 Inc. SIII Nasdaq 11/3/1997 50,288,975 Company Revenue recognition Eltek Limited ELTKF Nasdaq 11/6/1997 n/a ? Cost or expense Thousand Trails, Inc. TRLS OTC 11/12/1997 5,233,000 SEC Revenue recognition St. Francis Capital Corporation STFR Nasdaq 11/13/1997 5,233,000 ? Securities related Waste Management Inc. WMX NYSE 11/14/1997 216,610,013 Company Reclassification Macerich Company MAC NYSE 11/14/1997 25,962,155 ? Cost or expense National TechTeam, Inc. TEAM Nasdaq 11/14/1997 15,902,867 SEC Revenue recognition PennCorp Financial Group, Inc. PFG NYSE 11/14/1997 28,860,206 ? Cost or expense Pegasystems Inc. PEGA Nasdaq 11/18/1997 28,541,000 Auditor Revenue recognition Safe Alternatives Corporation of America, SACA OTC 11/18/1997 n/a Company Revenue recognition Inc. Caribbean Cigar Company CIGR Nasdaq 11/19/1997 5,130,732 ? Restructuring, assets, or Cost or expense inventory Concorde Career Colleges, Inc. CCDC OTC 11/19/1997 n/a ? Revenue recognition Arrhythmia Research Technology, Inc. HRT Amex 12/8/1997 3,563,101 ? Restructuring, assets, or inventory Page 8 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Fidelity Bancorp, Inc. FBCI Nasdaq 12/11/1997 2,884,253 Company Securities related Fine Host Corporation FINE Nasdaq 12/12/1997 8,683,000 Company Cost or expense Room Plus, Inc. PLUS Nasdaq 12/12/1997 4,385,000 Company Cost or expense Today's Man, Inc. TMANQ Nasdaq 12/16/1997 11,063,000 Company Restructuring, assets, or inventory Unitel Video, Inc. UNV Amex 1/15/1998 2,675,000 ? Restructuring, assets, or inventory Corel Corporation COSFF Nasdaq 1/20/1998 59,346,000 Auditor Restructuring, assets, or inventory Sybase Inc. SYBS Nasdaq 1/21/1998 80,409,000 Auditor Revenue recognition Digital Lightwave, Inc. DIGL Nasdaq 1/22/1998 26,441,775 ? Revenue recognition TriTeal Corporation TEAL Nasdaq 1/23/1998 11,152,970 Company Revenue recognition Philip Services Corporation PHV NYSE 1/26/1998 131,092,000 Company Restructuring, assets, or inventory Green Tree Financial Corporation GNT NYSE 1/27/1998 135,819,903 ? Securities related Kyzen Corporation KYZN Nasdaq 1/27/1998 5,006,681 Company Cost or expense Creative Gaming Inc. CLPI OTC 1/28/1998 n/a Company Related-party transactions Securities related Raster Graphics, Inc. RGFX Nasdaq 2/3/1998 9,592,000 ? Revenue recognition Cross Medical Products, Inc. CRSS Nasdaq 2/12/1998 5,262,733 ? Cost or expense COHR Inc. CHRI Nasdaq 2/17/1998 6,433,189 Company Revenue recognition Reclassification Wheelabrator Technologies Inc. WTI NYSE 2/18/1998 161,600,000 ? Restructuring, assets, or inventory Sobieski Bancorp Inc. SOBI Nasdaq 2/19/1998 728,306 Auditor Cost or expense Detection Systems, Inc. DETC Nasdaq 2/23/1998 6,286,495 Company Cost or expense Data Systems Network Corporation DSYS Nasdaq 2/24/1998 4,858,524 ? Revenue recognition Universal Seismic Associates, Inc. USACE Nasdaq 2/24/1998 5,234,109 Company Revenue recognition Physician Computer Network, Inc. PCNI Nasdaq 3/3/1998 61,000,000 Auditor Cost or expense Revenue recognition 3Com Corporation COMS Nasdaq 3/5/1998 355,626,139 SEC Acquisitions and mergers Castelle Inc. CSTL Nasdaq 3/6/1998 4,639,000 SEC Acquisitions and mergers ShoLodge, Inc. LODG Nasdaq 3/9/1998 8,353,228 ? Cost or expense Other Altris Software, Inc. ALTS Nasdaq 3/11/1998 9,615,000 Company Revenue recognition CyberMedia Inc. CYBR Nasdaq 3/12/1998 12,655,000 ? Revenue recognition Versatility Inc. VERS Nasdaq 3/12/1998 7,562,467 Company Revenue recognition Other Norland Medical Systems, Inc. NRLD Nasdaq 3/16/1998 7,163,314 Company Revenue recognition Microelectronic Packaging Inc. MPIX OTC 3/18/1998 13,621,149 Company Cost or expense Food Lion, Inc. FDLNA Nasdaq 3/26/1998 477,505,255 ? Other Female Health Company FHC Amex 3/27/1998 9,821,778 Company Cost or expense Transcrypt International, Inc. TRII Nasdaq 3/27/1998 13,621,149 Auditor Revenue recognition Newriders Inc. NWRD OTC 4/1/1998 n/a Auditor Unspecified Schlotzsky's Inc. BUNZ Nasdaq 4/6/1998 7,605,953 Company Revenue recognition MCI Communications Corporation MCIC Nasdaq 4/10/1998 745,000,000 SEC Restructuring, assets, or inventory Prosoft I-Net Solutions, Inc. POSO Nasdaq 4/13/1998 11,370,845 Company Revenue recognition Cendant Corporation CD NYSE 4/15/1998 900,900,000 Company Acquisitions and mergers Premier Laser Systems Inc. PLSIA Nasdaq 4/15/1998 14,845,557 Auditor Revenue recognition Metal Management, Inc. MTLM Nasdaq 4/24/1998 34,284,000 Company Securities related Neoware Systems, Inc. NWRE Nasdaq 4/30/1998 5,767,932 Company Cost or expense Ergobilt Inc. ERGB Nasdaq 5/14/1998 6,156,000 Company Unspecified AutoBond Acceptance Corporation ABD Amex 5/15/1998 6,531,311 Auditor Reclassification Revenue recognition General Automation, Inc. GA Amex 5/18/1998 9,295,924 Company Revenue recognition Starbase Corporation SBAS Nasdaq 5/18/1998 17,476,000 SEC Securities related Page 9 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Total Renal Care Holdings, Inc. TRL NYSE 5/18/1998 87,263,000 Company Revenue recognition Other Informix Corporation IFMX Nasdaq 5/20/1998 171,425,000 Auditor Revenue recognition Mego Mortgage Corporation MMGC Nasdaq 5/21/1998 12,300,000 Company Restructuring, assets, or inventory Boca Research, Inc. BOCA Nasdaq 5/22/1998 8,742,000 Company Restructuring, assets, or inventory Harnischfeger Industries HPH NYSE 6/1/1998 46,339,000 Company Cost or expense Hybrid Networks, Inc. HYBR Nasdaq 6/1/1998 10,410,050 Company Revenue recognition Cost or expense Vesta Insurance Group Inc. VTA NYSE 6/1/1998 18,453,010 External Unspecified American Skiing Company SKI NYSE 6/4/1998 30,265,574 Company Cost or expense 4Health, Inc. HHHH Nasdaq 6/19/1998 27,746,748 SEC Restructuring, assets, or inventory Gunther International, Limited SORT Nasdaq 6/23/1998 4,291,269 Auditor Cost or expense Media Logic, Inc. TST Amex 6/26/1998 12,565,228 Company Revenue recognition Sunbeam Corporation SOC NYSE 6/30/1998 100,722,000 Company Unspecified International Total Services, Inc. ITSW Nasdaq 7/2/1998 6,662,000 ? Cost or expense Sterling Vision Inc. ISEE Nasdaq 7/2/1998 14,844,000 SEC Securities related Integrated Sensor Solutions, Inc. ISNR Nasdaq 7/14/1998 n/a ? Cost or expense Forecross Corporation FRXX OTC 7/17/1998 n/a SEC Revenue recognition Interactive Limited IELSF Nasdaq 7/20/1998 n/a SEC Acquisitions and mergers EquiMed Inc. EQMD OTC 7/21/1998 n/a ? Unspecified Saf T Lok Inc. LOCK Nasdaq 7/21/1998 13,609,957 Auditor Securities related H.T.E., Inc. HTEI Nasdaq 7/23/1998 17,596,000 Auditor Acquisitions and mergers Golden Bear Golf, Inc. JACK Nasdaq 7/27/1998 5,504,962 Company Cost or expense International Home Foods, Inc. IHF NYSE 7/28/1998 80,460,848 Company Cost or expense National HealthCare Corporation NHC Amex 7/28/1998 11,365,571 ? Tax related Cotton Valley Resources Corporation KTN Amex 8/5/1998 17,377,278 Company Related-party transactions Livent, Inc. LVNTF Nasdaq 8/10/1998 20,812,000 Company Revenue recognition Cost or expense SmarTalk Teleservices, Inc. SMTK Nasdaq 8/10/1998 27,370,763 Auditor Acquisitions and mergers IKON Office Solutions Inc. IKN NYSE 8/14/1998 135,556,149 Company Unspecified McDonald's Corporation MCD NYSE 8/14/1998 702,300,000 SEC Cost or expense Signal Technology Corporation STZ Amex 8/17/1998 7,618,000 Company Restructuring, assets, or inventory Starmet Corporation STMT Nasdaq 8/17/1998 4,790,674 Company Restructuring, assets, or inventory Envoy Corporation ENVY Nasdaq 8/18/1998 25,315,000 SEC Acquisitions and mergers Rushmore Financial Group Inc. RFGI Nasdaq 8/18/1998 2,984,617 Company Reclassification Morrow Snowboards Inc. MRRW Nasdaq 8/20/1998 6,176,556 Company Related-party transactions CyberGuard Corporation CYBG Nasdaq 8/24/1998 8,775,228 Company Revenue recognition Breed Technologies, Inc. BDT NYSE 9/4/1998 36,850,000 SEC Restructuring, assets, or inventory Aspec Technology, Inc. ASPC Nasdaq 10/9/1998 25,258,000 Auditor Revenue recognition Cabletron Systems, Inc. CS NYSE 10/16/1998 169,658,000 SEC Acquisitions and mergers SunTrust Banks, Inc. STI NYSE 10/21/1998 209,568,155 SEC Loan-loss Guilford Mills, Inc. GFD NYSE 10/26/1998 22,852,000 ? Cost or expense Peritus Software Services, Inc. PTUS Nasdaq 10/26/1998 16,320,000 ? Revenue recognition Galileo Corporation GAEO Nasdaq 10/29/1998 8,071,000 ? Revenue recognition Cost or expense Boston Scientific Corporation BSX NYSE 11/3/1998 196,459,662 Company Revenue recognition CPS Systems, Inc. SYS Amex 11/4/1998 6,744,000 Company Revenue recognition Cylink Corporation CYLK Nasdaq 11/5/1998 29,090,000 Auditor Revenue recognition Canmax Inc. CNMX OTC 11/16/1998 n/a SEC Acquisitions and mergers Revenue recognition Page 10 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Room Plus, Inc. PLUS Nasdaq 11/16/1998 4,385,000 Company Restructuring, assets, or inventory Versar, Inc. VSR Amex 11/16/1998 6,117,000 Company Unspecified USWeb Corporation USWB Nasdaq 11/20/1998 61,329,000 ? Reclassification Pegasystems Inc. PEGA Nasdaq 11/23/1998 2,950,000 ? Revenue recognition Florafax International Inc. FIIF Nasdaq 11/25/1998 8,801,000 Company Tax related Peritus Software Services, Inc. PTUS Nasdaq 11/25/1998 16,349,986 Auditor Revenue recognition Lernout & Hauspie Speech Products N.V. LHSPF Nasdaq 12/1/1998 101,243,416 SEC IPR&D Hybrid Networks, Inc. HYBR Nasdaq 12/2/1998 n/a Auditor Revenue recognition Telxon Corporation TLXN Nasdaq 12/11/1998 16,126,382 Auditor Revenue recognition MSB Financial Corporation MSBF Nasdaq 12/15/1998 1,287,179 ? Unspecified Foster Wheeler Corporation FWC NYSE 12/17/1998 40,729,000 SEC Restructuring, assets, or inventory Data I/O Corporation DAIO Nasdaq 12/18/1998 7,221,000 Company Securities related Glenayre Technologies, Inc. GEMS Nasdaq 12/21/1998 n/a SEC IPR&D Outboard Marine Corporation OM NYSE 12/21/1998 20,425,554 SEC Acquisitions and mergers Trex Medical Corporation TXM Amex 12/23/1998 n/a ? Revenue recognition ADAC Laboratories ADAC Nasdaq 12/29/1998 20,450,067 Company Revenue recognition Cost or expense Network Associates, Inc. NETA Nasdaq 1/6/1999 149,002,000 SEC IPR&D SmarTalk TeleServices, Inc. SMTK Nasdaq 1/7/1999 27,370,763 Company Revenue recognition Cost or expense At Home Corporation ATHMQ OTC 1/11/1999 n/a ? Reclassification Yahoo! Inc. YHOO Nasdaq 1/12/1999 114,456,000 SEC IPR&D AmeriCredit Corporation ACF NYSE 1/13/1999 66,514,367 FASB/SEC Revenue recognition Nichols Research Corporation NRES Nasdaq 1/13/1999 14,142,861 SEC IPR&D Gunther International, Limited SORT OTC 1/14/1999 n/a Auditor Revenue recognition Cost or expense American Bank Note Holographics ABH NYSE 1/19/1999 27,630,000 Auditor Revenue recognition American Banknote Corporation ABN NYSE 1/19/1999 27,630,000 Auditor Revenue recognition Autodesk, Inc. ADSK Nasdaq 1/19/1999 50,266,000 SEC IPR&D Discreet Logic, Inc. DSLGF Nasdaq 1/19/1999 29,899,000 SEC IPR&D Wabash National Corporation WNC NYSE 1/19/1999 22,965,000 Company Restructuring, assets, or inventory Western Resources, Inc. WR NYSE 1/19/1999 66,089,199 SEC Acquisitions and mergers INTERLINQ Software Corporation INLQ Nasdaq 1/21/1999 5,483,071 SEC IPR&D Candence Design Systems, Inc. CDN NYSE 1/26/1999 233,791,000 SEC IPR&D GenRad, Inc. GEN NYSE 1/26/1999 29,340,000 SEC IPR&D InfoUSA IUSAA Nasdaq 1/26/1999 48,662,000 SEC/Auditor IPR&D Made2Manage Systems, Inc. MTMS Nasdaq 1/26/1999 5,067,000 SEC IPR&D MEMC Electronic Materials, Inc. WFR NYSE 1/26/1999 42,196,538 SEC Other FCNB Corporation FCNB Nasdaq 1/27/1999 289,973,890 IRS Tax related Fidelity National Corporation LION Nasdaq 1/27/1999 8,137,391 Company Restructuring, assets, or inventory Bausch & Lomb, Inc. BOL NYSE 1/28/1999 58,062,000 SEC IPR&D Gencor Industries, Inc. GX Amex 1/28/1999 10,072,262 Company Other Assisted Living Concepts, Inc. ALF Amex 2/1/1999 17,116,000 Company Related-party transactions INSO Corporation INSO Nasdaq 2/1/1999 15,508,265 Company Revenue recognition IPR&D Dassault Systemes S.A. DASTY Nasdaq 2/8/1999 114,500,000 SEC IPR&D Blue Rhino Corporation RINO Nasdaq 2/9/1999 7,650,000 ? Loan-loss Other Peregrine Systems, Inc. PRGN Nasdaq 2/9/1999 25,038,000 Company IPR&D Smart Choice Automotive Group SMCH Nasdaq 2/10/1999 6,809,478 Company Restructuring, assets, or Revenue recognition Cost or expense inventory Page 11 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Level 8 Systems LVEL Nasdaq 2/11/1999 8,710,000 SEC IPR&D ObjectShare, Inc. OBJS Nasdaq 2/17/1999 12,231,000 Company Revenue recognition Orbital Sciences Corporation ORB NYSE 2/17/1999 41,751,171 Company Cost or expense Engineering Animation, Inc. EAII Nasdaq 2/18/1999 11,792,000 Company IPR&D Schick Technologies, Inc. SCHK Nasdaq 2/19/1999 10,013,061 Company Revenue recognition Zenith National Insurance Corporation ZNT NYSE 2/22/1999 17,137,000 Company/External Acquisitions and mergers BMC Software, Inc. BMCS Nasdaq 2/24/1999 248,744,000 SEC Acquisitions and mergers CHS Electronics, Inc. HS NYSE 2/24/1999 58,030,000 Company Revenue recognition Lightbridge, Inc. LTBG Nasdaq 2/24/1999 17,256,862 SEC IPR&D Twinlab Corporation TWLB Nasdaq 2/24/1999 32,697,000 Company Revenue recognition Saucony, Inc. SCNYA Nasdaq 3/1/1999 6,363,000 SEC Revenue recognition Williams Companies WMB NYSE 3/1/1999 437,000,000 Company Restructuring, assets, or Cost or expense inventory Ziegler Companies, Inc. ZCO Amex 3/1/1999 2,492,844 Company Revenue recognition SS&C Technologies, Inc. SSNC Nasdaq 3/2/1999 16,102,000 SEC IPR&D Wall Data Inc. WALL Nasdaq 3/2/1999 10,125,532 Company Revenue recognition LSI Logic Corporation LSI NYSE 3/3/1999 144,151,000 SEC IPR&D Hungarian Broadcasting Corporation HBC Nasdaq 3/5/1999 n/a SEC/Auditor Acquisitions and mergers North Face, Inc. TNFI Nasdaq 3/5/1999 12,687,000 Company Related-party transactions Revenue recognition Medical Waste Management MWDS Nasdaq 3/8/1999 6,650,211 Company Revenue recognition Cost or expense PSS World Medical, Inc. PSSI Nasdaq 3/10/1999 72,043,000 SEC Acquisitions and mergers Allied Products Corporation ADP NYSE 3/11/1999 11,819,000 Company Cost or expense Safeskin Corporation SFSK Nasdaq 3/11/1999 57,681,398 Company Restructuring, assets, or Cost or expense inventory First Union Real Estate Equity and FUR NYSE 3/15/1999 31,376,000 SEC Restructuring, assets, or Mortgage Investments inventory Halifax Corporation HX Amex 3/18/1999 n/a Company Other Northrop Grumman Corporation NOC NYSE 3/19/1999 69,719,164 Company Restructuring, assets, or inventory Graham-Field Health Products, Inc. GFT NYSE 3/22/1999 31,351,000 Company Unspecified Wang Global WANG Nasdaq 3/25/1999 38,000,000 SEC IPR&D Boston Chicken Inc. BOSTQ OTC 3/27/1999 n/a Company Loan-loss Avid Technology, Inc. AVID Nasdaq 3/29/1999 24,391,000 SEC IPR&D Pacific Research & Engineering PXE Amex 3/29/1999 2,305,500 Auditor Cost or expense Revenue recognition Corporation Open Market, Inc. OMKT Nasdaq 3/31/1999 35,316,000 SEC IPR&D Alydaar Software Corporation ALYD Nasdaq 4/1/1999 17,541,644 Company Revenue recognition Medical Graphics Corporation MGCC Nasdaq 4/1/1999 7,179,000 Auditor Restructuring, assets, or inventory Protection One, Inc. POI NYSE 4/1/1999 127,524,000 SEC Acquisitions and mergers Sun Healthcare Group, Inc. SHG NYSE 4/5/1999 58,499,000 SEC Acquisitions and mergers CellStar Corporation CLST Nasdaq 4/12/1999 65,689,000 Company Revenue recognition Segue Software, Inc. SEGU Nasdaq 4/12/1999 9,001,000 Company Revenue recognition Finova Group, Inc. FNV NYSE 4/14/1999 66,042,000 Auditor Securities related Revenue recognition Carnegie International Corporation CAGI OTC 4/16/1999 n/a SEC Acquisitions and mergers Reclassification Central Illinois Bancorp, Inc. CILF OTC 4/16/1999 n/a Company Cost or expense Lycos, Inc. LCOS Nasdaq 4/16/1999 43,282,836 SEC IPR&D Vesta Insurance Group Inc. VTA NYSE 4/16/1999 18,686,000 Company Revenue recognition Colorado Casino Resorts, Inc. CCRIE Nasdaq 4/22/1999 38,667,715 Auditor Reclassification Securities related Xilinx, Inc. XLNX Nasdaq 4/22/1999 168,413,000 ? Revenue recognition CoreCare Systems, Inc. CRCS OTC 4/28/1999 n/a Company Revenue recognition Tax related Page 12 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason McKesson HBOC, Inc. MCK NYSE 4/28/1999 290,200,000 ? Revenue recognition DCI Telecommunications, Inc. DCTC OTC 5/3/1999 n/a SEC Acquisitions and mergers CMGI Inc. CMGI Nasdaq 5/7/1999 95,302,396 Company IPR&D Candie's Inc. CAND Nasdaq 5/13/1999 17,891,000 Company Revenue recognition Belmont Bancorp BLMT Nasdaq 5/14/1999 5,236,534 Company Loan-loss PDG Environmental Inc. PDGE OTC 5/14/1999 n/a Auditor Cost or expense TRW Inc. TRW NYSE 5/14/1999 123,200,000 Company IPR&D Aztec Technology Partners, Inc. AZTC Nasdaq 5/17/1999 22,016,000 Company Cost or expense MCN Energy Group, Inc. MCN NYSE 5/17/1999 83,413,000 Company Cost or expense Pharamaceutical Formulations, Inc. PFI OTC 5/18/1999 n/a Company Restructuring, assets, or Revenue recognition inventory Maxim Group, Inc. MXG NYSE 5/19/1999 19,156,000 Company Revenue recognition Hitsgalore.com, Inc. HITT OTC 5/26/1999 n/a Company Acquisitions and mergers WellCare Management Group Inc. WELL OTC 5/28/1999 n/a Company Revenue recognition Rite Aid Corporation RAD NYSE 6/1/1999 258,910,000 SEC Acquisitions and mergers Cost or expense Carleton Corporation CARL Nasdaq 6/2/1999 3,346,000 SEC IPR&D Cabletron Systems, Inc. CS NYSE 6/3/1999 186,381,000 SEC IPR&D Annapolis National Bancorp ANNB Nasdaq 6/4/1999 2,318,000 Company Loan-loss The Sirena Apparel Group, Inc. SIRN Nasdaq 6/7/1999 5,255,042 Company Restructuring, assets, or Cost or expense inventory Evans Systems, Inc. EVSI Nasdaq 6/8/1999 3,675,398 Company Restructuring, assets, or Cost or expense inventory Telxon Corporation TLXN Nasdaq 6/16/1999 17,514,000 Auditor Reclassification International Total Services, Inc. ITSW Nasdaq 7/1/1999 n/a ? Unspecified LabOne, Inc. LABS Nasdaq 7/1/1999 10,758,069 SEC Restructuring, assets, or inventory Novametrix Medical Systems Inc. NMTX Nasdaq 7/1/1999 8,130,074 ? Revenue recognition Cost or expense AvTel Communications Inc. AVCO Nasdaq 7/2/1999 10,738,993 ? Tax related Lab Holdings, Inc. LABH Nasdaq 7/2/1999 n/a SEC Restructuring, assets, or inventory Cumetrix Data Systems Corporation CDSC Nasdaq 7/13/1999 7,392,500 Company Revenue recognition ION Networks, Inc. IONN Nasdaq 7/14/1999 11,391,360 ? Acquisitions and mergers Reclassification ODS Networks, Inc. ODSI Nasdaq 7/14/1999 18,577,000 ? IPR&D Unisys Corporation UIS NYSE 7/15/1999 314,541,000 SEC Cost or expense Warrantech Corporation WTEC Nasdaq 7/15/1999 15,222,861 Auditor Revenue recognition Financial Security Assurance Holdings FSA NYSE 7/21/1999 31,917,000 SEC Reclassification Limited Kimberly-Clark Corporation KMB NYSE 7/21/1999 537,400,000 SEC Restructuring, assets, or inventory Digi International Inc. DGII Nasdaq 7/22/1999 14,910,085 SEC IPR&D Spectrum Signal Processing Inc. SSPI Nasdaq 7/22/1999 10,077,000 ? IPR&D America Service Group Inc. ASGR Nasdaq 7/23/1999 4,786,000 SEC Acquisitions and mergers Crown Group, Inc. CNGR Nasdaq 7/23/1999 10,512,850 Company Acquisitions and mergers Diversinet Corporation DVNT Nasdaq 7/23/1999 16,070,098 ? Cost or expense Cyberguard Corporation CYBG Nasdaq 7/26/1999 n/a Company Revenue recognition National Auto Credit, Inc. NAKD OTC 7/29/1999 n/a ? Restructuring, assets, or Loan-loss inventory Motorcar Parts & Accessories, Inc. MPAA Nasdaq 8/1/1999 n/a Company Restructuring, assets, or inventory Waste Management Inc. WMI NYSE 8/3/1999 619,105,000 ? Revenue recognition Texas Instruments Inc. TXN NYSE 8/7/1999 819,638,000 SEC Restructuring, assets, or inventory CenterPoint Properties Trust CNT NYSE 8/9/1999 21,692,885 Auditor Revenue recognition Page 13 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Total Renal Care Holdings, Inc. TRL NYSE 8/10/1999 81,561,000 ? Other Open Text Corporation OTEX Nasdaq 8/11/1999 26,753,000 ? IPR&D Pegasystems Inc. PEGA Nasdaq 8/11/1999 31,043,000 Company Other Voxware, Inc. VOXW Nasdaq 8/11/1999 13,420,000 ? Cost or expense Harken Energy Corporation HEC Amex 8/12/1999 150,297,158 ? Other Miller Industries, Inc. MLR NYSE 8/12/1999 46,878,000 ? Restructuring, assets, or inventory Pacific Aerospace & Electronics, Inc. PCTH Nasdaq 8/13/1999 19,107,521 Company Securities related FlexiInternational Software, Inc. FLXI Nasdaq 8/16/1999 17,361,000 ? Revenue recognition High Plains Corporation HIPC Nasdaq 8/16/1999 16,104,340 ? Restructuring, assets, or inventory SatCon Technology Corporation SATC Nasdaq 8/16/1999 9,617,009 ? Restructuring, assets, or Reclassification inventory Nutramax Products, Inc. NMPC Nasdaq 8/18/1999 7,156,266 Auditor Restructuring, assets, or inventory Medical Manager Corporation MMGR Nasdaq 8/24/1999 n/a ? Revenue recognition Intasys Corporation INTA Nasdaq 8/30/1999 15,890,578 ? Revenue recognition Cost or expense Day Runner, Inc. DAYR Nasdaq 8/31/1999 12,132,000 Company Cost or expense Flowers Industries Inc. FLO NYSE 8/31/1999 100,522,000 ? Restructuring, assets, or inventory Schick Technologies, Inc. SCHKE Nasdaq 9/2/1999 n/a ? Revenue recognition Acorn Products, Inc. ACRN Nasdaq 9/3/1999 6,021,705 ? Restructuring, assets, or inventory Metrowerks Inc. MTWK Nasdaq 9/3/1999 14,636,888 ? Revenue recognition The Timber Company TGP NYSE 9/13/1999 85,000,000 ? Revenue recognition Dynamex Inc. DDN Amex 9/17/1999 n/a Company Acquisitions and mergers Revenue recognition Cost or expense VTEL Corporation VTEL Nasdaq 9/28/1999 24,298,000 ? Restructuring, assets, or Revenue recognition Reclassification inventory Assisted Living Concepts, Inc. ALF Amex 9/29/1999 n/a Company Restructuring, assets, or Acquisitions and Cost or expense inventory mergers Engineering Animation, Inc. EAII Nasdaq 10/1/1999 11,937,000 Company Revenue recognition Olsten Corporation OLS NYSE 10/1/1999 81,778,000 ? Other Wickes Inc. WIKS Nasdaq 10/1/1999 8,331,816 Company Restructuring, assets, or inventory Leisureplanet Holdings, Limited LPHL Nasdaq 10/14/1999 7,153,185 Auditor Restructuring, assets, or Acquisitions and inventory mergers Armor Holdings, Inc. AH NYSE 10/18/1999 24,300,000 ? Acquisitions and mergers IMRglobal Corporation IMRS Nasdaq 10/22/1999 38,555,835 ? Acquisitions and mergers Thomas & Betts Corporation TNB NYSE 10/26/1999 57,817,879 ? Restructuring, assets, or Other inventory P-Com, Inc. PCMS Nasdaq 10/28/1999 64,474,137 Company Revenue recognition IMSI, Inc. IMSIE Nasdaq 10/29/1999 7,024,409 ? Revenue recognition Orbital Sciences Corporation ORB NYSE 10/29/1999 37,416,772 Auditor Restructuring, assets, or Related-party inventory transactions Infinium Software, Inc. INFM Nasdaq 11/1/1999 12,242,000 ? Revenue recognition Tax related GTS Duratek, Inc. DRTK Nasdaq 11/3/1999 13,275,943 ? Cost or expense CompUSA Inc. CPU NYSE 11/4/1999 92,712,054 ? Revenue recognition First Union Real Estate Equity and FUR NYSE 11/4/1999 42,459,604 ? Restructuring, assets, or Mortgage Investments inventory Aegis Communications Group, Inc. AGIS OTC 11/9/1999 n/a ? Securities related Safety Components International, Inc. ABAG Nasdaq 11/9/1999 5,136,316 Company Other Revenue recognition Advanced Polymer Systems, Inc. APOS Nasdaq 11/11/1999 20,115,664 ? Revenue recognition SafeGuard Health Enterprises, Inc. SFGD OTC 11/12/1999 n/a Company Revenue recognition Other CVS Corporation CVS NYSE 11/15/1999 391,884,000 SEC Acquisitions and mergers Page 14 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason National City Bancorp NCBM Nasdaq 11/15/1999 8,756,817 ? Other SITEK Inc. SITK OTC 11/17/1999 n/a ? Cost or expense Friedman's Inc. FRDM Nasdaq 11/18/1999 14,427,000 Company Revenue recognition DSI Toys, Inc. DSIT Nasdaq 11/23/1999 8,703,569 ? Cost or expense Image Guided Technologies, Inc. IGTI OTC 11/29/1999 n/a ? Restructuring, assets, or Cost or expense inventory Styling Technology Corporation STYLE Nasdaq 11/29/1999 n/a ? Revenue recognition Other Signal Apparel Company, Inc. SIA NYSE 12/2/1999 44,869,450 SEC Reclassification BellSouth Corporation BLS NYSE 12/3/1999 1,882,319,274 ? Restructuring, assets, or inventory Baker Hughes Inc. BHI NYSE 12/8/1999 329,209,200 Company Other Best Buy Inc. BBY NYSE 12/14/1999 212,760,000 SEC Revenue recognition Blimpie International, Inc. BLM Amex 12/14/1999 9,470,926 SEC Revenue recognition Forest City Enterprises, Inc. FCE NYSE 12/14/1999 n/a ? Cost or expense GameTech International, Inc. GMTC Nasdaq 12/16/1999 12,233,723 ? Acquisitions and mergers IPR&D Fair Grounds Corporation FGNO OTC 12/17/1999 n/a ? Tax related EDAP TMS S.A. EDAYE Nasdaq 12/22/1999 n/a ? Revenue recognition Zions Bancorp ZION Nasdaq 12/23/1999 85,695,000 SEC Acquisitions and mergers Community West Bancshares CWBC Nasdaq 12/24/1999 5,494,217 ? Reclassification Acquisitions and mergers Shuffle Master, Inc. SHFL Nasdaq 1/3/2000 7,154,393 ? Cost or expense Ultimate Electronics, Inc. ULTE Nasdaq 1/4/2000 11,336,000 Company Revenue recognition Cost or expense Pacific Bank PBSF Nasdaq 1/10/2000 5,200,000 Company Revenue recognition Asche Transportation Services, Inc. ASHE Nasdaq 1/11/2000 6,032,750 Company Unspecified Dicom Imaging Systems, Inc. DCIM OTC 1/11/2000 n/a SEC Revenue recognition Biomet, Inc. BMET Nasdaq 1/13/2000 n/a ? Other Network Systems International, Inc. NESI Nasdaq 1/13/2000 10,295,654 Auditor Cost or expense Vertex Industries, Inc. VETX OTC 1/14/2000 n/a ? Revenue recognition First American Financial Corporation FAF NYSE 1/18/2000 65,326,000 ? Revenue recognition Raytheon Corporation RTN NYSE 1/18/2000 338,735,000 Company Revenue recognition Legato Systems, Inc. LGTO Nasdaq 1/19/2000 86,394,000 Auditor Revenue recognition Boise Cascade Corporation BCC NYSE 1/20/2000 61,498,000 ? Cost or expense SunStar Healthcare, Inc. SUNS Nasdaq 1/20/2000 2,919,330 Auditor Cost or expense Delphi Financial Group, Inc. DFG NYSE 1/24/2000 n/a ? Revenue recognition Sterling Financial Corporation SLFI Nasdaq 1/25/2000 8,935,687 Company Restructuring, assets, or Cost or expense Tax related inventory Carnegie International Corporation CGY Amex 1/25/2000 n/a ? Revenue recognition Other Stryker Corporation SYK NYSE 1/27/2000 199,600,000 ? Acquisitions and mergers Analytical Surveys, Inc. ANLT Nasdaq 1/27/2000 n/a Company Cost or expense Revenue recognition Indus International, Inc. IINT Nasdaq 1/27/2000 n/a ? Revenue recognition Aetna Inc. AET NYSE 2/1/2000 142,100,000 SEC Revenue recognition Other Digital Lava Inc. DGV Amex 2/1/2000 4,643,213 ? Revenue recognition Jenna Lane, Inc. JLNY Nasdaq 2/1/2000 4,445,624 Company Restructuring, assets, or Revenue recognition Cost or expense inventory Exide Corporation EX NYSE 2/3/2000 21,263,000 Company Related-party transactions International Total Services, Inc. ITSW Nasdaq 2/3/2000 6,747,000 Auditor Cost or expense Reclassification 1st Source Corporation SRCE Nasdaq 2/4/2000 19,121,701 Auditor Revenue recognition EA Engineering, Science, and Technology, EACO Nasdaq 2/4/2000 6,145,700 Company Revenue recognition Inc. Image Sensing Systems, Inc. ISNS Nasdaq 2/4/2000 2,725,200 ? Cost or expense Segue Software, Inc. SEGU Nasdaq 2/7/2000 9,315,000 SEC IPR&D Page 15 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Sykes Enterprises, Inc. SYKE Nasdaq 2/7/2000 42,901,775 Company Revenue recognition Louis Dreyfus Natural Gas Corporation LD NYSE 2/8/2000 40,804,000 ? Securities related Transport Corporation of America, Inc. TCAM Nasdaq 2/8/2000 9,094,612 Company Revenue recognition Cost or expense TJX Companies, Inc. TJX NYSE 2/11/2000 300,044,959 ? Revenue recognition Guess ?, Inc. GES NYSE 2/14/2000 44,210,000 Company Cost or expense JDN Realty Corporation JDN NYSE 2/14/2000 32,382,000 Company Related-party transactions Able Telcom Holding Corporation ABTE Nasdaq 2/15/2000 15,966,215 SEC Cost or expense Omega Worldwide Inc. OWWI Nasdaq 2/15/2000 12,297,000 ? Acquisitions and mergers 3D Systems Corporation TDSC Nasdaq 2/16/2000 12,340,000 ? Revenue recognition Other Intimate Brands, Inc. IBI NYSE 2/16/2000 504,852,000 Company Revenue recognition The Limited, Inc. LTD NYSE 2/16/2000 445,306,000 Company Revenue recognition Too, Inc. TOO NYSE 2/17/2000 31,738,000 ? Revenue recognition Host Marriott Corporation HMT NYSE 2/18/2000 285,800,000 ? Revenue recognition Master Graphics, Inc. MAGR OTC 2/18/2000 n/a Company Cost or expense MerchantOnline.com, Inc. MRTO OTC 2/24/2000 n/a Company Cost or expense Revenue recognition First Tennessee National Corporation FTN NYSE 2/28/2000 132,544,893 ? Other Information Management Associates, IMAA Nasdaq 2/28/2000 9,718,000 SEC Revenue recognition Inc. Cato Corporation CACOA Nasdaq 3/2/2000 25,638,588 ? Revenue recognition Goody's Family Clothing, Inc. GDYS Nasdaq 3/2/2000 32,804,000 ? Revenue recognition J. C. Penney Company, Inc. JCP NYSE 3/2/2000 276,000,000 ? Revenue recognition CINAR Corporation CINR Nasdaq 3/6/2000 40,984,000 ? Other FLIR Systems, Inc. FLIR Nasdaq 3/6/2000 14,395,000 Company Restructuring, assets, or Revenue recognition Cost or expense inventory Kmart Corporation KM NYSE 3/6/2000 481,300,000 ? Revenue recognition Safety Kleen Corporation SK NYSE 3/6/2000 100,637,000 Company Other Hastings Entertainment, Inc. HAST Nasdaq 3/7/2000 11,629,000 Company Cost or expense CMI Corporation CMI NYSE 3/8/2000 21,709,000 ? Revenue recognition RAVISENT Technologies Inc. RVST Nasdaq 3/14/2000 16,068,969 ? Revenue recognition Cumulus Media Inc. CMLS Nasdaq 3/16/2000 35,057,000 Auditor Revenue recognition Cost or expense American Xtal Technology AXTI Nasdaq 3/17/2000 20,074,000 Company Cost or expense MicroStrategy Inc. MSTR Nasdaq 3/20/2000 78,926,000 Auditor Revenue recognition Mediconsult.com, Inc. MCNS Nasdaq 3/21/2000 50,563,198 Company Revenue recognition Cost or expense Scan-Optics, Inc. SOCR Nasdaq 3/21/2000 7,016,672 ? Tax related Laidlaw Inc. LDW NYSE 3/22/2000 325,900,000 ? Other TREEV, Inc. TREV Nasdaq 3/23/2000 15,414,197 ? Revenue recognition Inacom Corporation ICO NYSE 3/24/2000 n/a ? Reclassification Heartland Technology, Inc HTI Amex 3/29/2000 1,671,000 ? Restructuring, assets, or inventory Plains All American Pipeline, L.P. PAA NYSE 3/29/2000 34,386,000 Company Other Plains Resources PLX Amex 3/29/2000 29,552,000 ? Other Profit Recovery Group International, Inc PRGX Nasdaq 3/29/2000 50,942,000 ? Revenue recognition Aztec Technology Partners, Inc AZTC Nasdaq 3/30/2000 22,518,000 ? Revenue recognition LanguageWare.net Ltd LWNTF OTC 3/30/2000 n/a ? Securities related Orbital Sciences Corporation ORB NYSE 3/30/2000 37,409,030 Auditor Cost or expense Westmark Group Holdings, Inc WGHI Nasdaq 3/30/2000 3,530,675 ? Restructuring, assets, or Loan-loss Tax related inventory ebix.com, Inc EBIX Nasdaq 3/31/2000 11,262,000 SEC Revenue recognition eSAT Inc ASAT OTC 3/31/2000 n/a ? Cost or expense Industrial Holdings, Inc IHII Nasdaq 3/31/2000 15,111,097 ? Revenue recognition Page 16 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason UICI UCI NYSE 3/31/2000 47,195,000 ? Restructuring, assets, or Revenue recognition Cost or expense inventory Aurora Foods AOR NYSE 4/3/2000 67,050,000 ? Revenue recognition Pacific Gateway Exchange PGEX Nasdaq 4/3/2000 19,516,000 ? Cost or expense On-Point Technology Systems Inc ONPT Nasdaq 4/7/2000 10,266,000 ? Revenue recognition Serologicals Corporation SERO Nasdaq 4/10/2000 23,495,275 Company Revenue recognition Cost or expense OnHealth Network Company ONHN Nasdaq 4/11/2000 23,390,000 ? Securities related Kitty Hawk Inc. KTTY Nasdaq 4/12/2000 17,047,000 ? Restructuring, assets, or inventory Cover-All Technologies Inc. COVR Nasdaq 4/14/2000 17,029,000 Company Revenue recognition Cost or expense e.spire Communications, Inc. ESPI Nasdaq 4/14/2000 51,471,837 ? Revenue recognition SCB Computer Technology, Inc. SCBI Nasdaq 4/14/2000 25,045,324 Company Revenue recognition Cost or expense Interplay Entertainment Corporation IPLY Nasdaq 4/17/2000 30,153,572 ? Related-party transactions Paulson Capital Corporation PLCC Nasdaq 4/17/2000 3,541,235 Auditor Securities related Castle Dental Centers, Inc. CASLE Nasdaq 4/26/2000 6,912,000 ? Loan-loss RFS Hotel Investors, Inc. RFS NYSE 4/26/2000 24,744,000 ? Revenue recognition Advanced Technical Products, Inc. ATPXE Nasdaq 4/28/2000 5,500,000 ? Revenue recognition Lodgian, Inc. LOD NYSE 5/1/2000 27,222,000 ? Restructuring, assets, or inventory CIMA LABS Inc. CIMA Nasdaq 5/3/2000 11,046,086 ? Revenue recognition Taubman Centers, Inc. TCO NYSE 5/3/2000 53,229,918 ? Revenue recognition Children's Comprehensive Services, Inc. KIDS Nasdaq 5/4/2000 7,190,000 ? Cost or expense Activision, Inc. ATVI Nasdaq 5/9/2000 30,483,000 ? Restructuring, assets, or inventory Internet America, Inc. GEEK Nasdaq 5/10/2000 9,641,590 ? Revenue recognition Telescan, Inc. TSCN Nasdaq 5/10/2000 17,469,000 ? Revenue recognition Magellan Health Services, Inc. MGL NYSE 5/11/2000 32,578,000 ? Restructuring, assets, or inventory Environmental Power Corporation POWR OTC 5/12/2000 n/a ? Cost or expense MAX Internet Communications Inc. MXIP Nasdaq 5/12/2000 17,104,061 ? Revenue recognition Other Computer Learning Centers, Inc. CLCX Nasdaq 5/16/2000 18,617,646 ? Revenue recognition Interiors, Inc. INTXA Nasdaq 5/16/2000 35,186,013 ? Restructuring, assets, or Loan-loss inventory Planet411.com Inc. PFOO OTC 5/16/2000 n/a ? Cost or expense Goody's Family Clothing, Inc. GDYS Nasdaq 5/17/2000 32,525,000 ? Revenue recognition Roanoke Electric Steel Corporation RESC Nasdaq 5/17/2000 n/a ? Restructuring, assets, or inventory Vari-L Company, Inc. VARL Nasdaq 5/17/2000 7,586,000 ? Revenue recognition Clearnet Communications Inc. CLNT Nasdaq 5/18/2000 n/a ? Tax related Magna International Inc. MGA NYSE 5/18/2000 92,000,000 ? Cost or expense Today's Man, Inc. TMAN Nasdaq 5/18/2000 27,040,725 ? Revenue recognition Cost or expense Flooring America, Inc. FRA NYSE 5/22/2000 21,438,432 ? Revenue recognition Cost or expense WorldWide Web NetworX Corporation WWWX OTC 5/24/2000 n/a ? IPR&D Securities related Carver Bancorp, Inc. CNY Amex 5/25/2000 2,252,216 ? Cost or expense FinancialWeb.com, Inc. FWEB OTC 6/5/2000 n/a ? Restructuring, assets, or Cost or expense Securities related inventory CareMatrix Corporation CMDCE Nasdaq 6/19/2000 18,563,491 ? Revenue recognition Cost or expense First American Health Concepts, Inc. FAH Amex 6/20/2000 2,621,250 ? Unspecified Hirsch International Corporation HRSH Nasdaq 6/20/2000 9,152,000 ? Revenue recognition ClearWorks.net, Inc. CLW Amex 6/23/2000 22,029,589 ? Securities related Tyco International Limited TYC NYSE 6/26/2000 1,712,500,000 SEC Restructuring, assets, or Acquisitions and inventory mergers Telxon Corporation TLXN Nasdaq 6/30/2000 17,514,000 Company Revenue recognition Page 17 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Geographics, Inc. GGIT OTC 7/17/2000 n/a Company Other Anicom Inc. ANIC Nasdaq 7/18/2000 26,912,000 Company Revenue recognition Baan Company BAANF OTC 7/19/2000 n/a Company Unspecified TeleHubLink Corporation THLC OTC 7/20/2000 n/a Auditor Securities related Cost or expense Oil-Dri Corporation of America ODC NYSE 7/24/2000 5,613,000 Auditor Revenue recognition Cost or expense Telemonde, Inc. TLMD OTC 7/25/2000 n/a SEC Revenue recognition Unify Corporation UNFY Nasdaq 7/31/2000 18,127,000 Company Revenue recognition Southwall Technologies, Inc. SWTX Nasdaq 8/1/2000 7,680,000 Company Restructuring, assets, or inventory BarPoint.com, Inc. BPNT Nasdaq 8/4/2000 17,393,271 Company Other California Software Corporation CAWC OTC 8/7/2000 n/a Auditor Revenue recognition Gadzoox Networks, Inc. GADZ Nasdaq 8/7/2000 9,248,000 Company Acquisitions and mergers MetaCreations Corporation MCRE Nasdaq 8/8/2000 28,170,000 Auditor Reclassification SatCon Technology Corporation SATC Nasdaq 8/8/2000 12,629,822 SEC Related-party transactions Acrodyne Communications, Inc. ACROE Nasdaq 8/14/2000 6,981,161 Company Restructuring, assets, or Revenue recognition inventory Geron Corporation GERN Nasdaq 8/14/2000 21,586,722 Company Cost or expense Innovative Gaming Corporation IGCA Nasdaq 8/14/2000 9,565,000 SEC Other Discovery Laboratories, Inc. DSCO Nasdaq 8/15/2000 20,837,000 Company Cost or expense ebix.com, Inc. EBIX Nasdaq 8/15/2000 11,377,000 SEC Revenue recognition FOCUS Enhancements, Inc. FCSE Nasdaq 8/15/2000 25,863,036 ? Revenue recognition Seaboard Corporation SEB Amex 8/15/2000 1,487,520 Company Revenue recognition Superconductive Components, Inc. SCCI OTC 8/15/2000 n/a Auditor Restructuring, assets, or inventory CMI Corporation CMI NYSE 8/17/2000 21,691,000 Company Restructuring, assets, or Revenue recognition inventory Imperial Credit Industries ICII Nasdaq 8/18/2000 32,111,022 CDFI/FDIC Loan-loss Mercator Software, Inc. MCTR Nasdaq 8/21/2000 29,529,630 Company Cost or expense Thomas & Betts Corporation TNB NYSE 8/21/2000 57,974,000 Company Restructuring, assets, or Revenue recognition inventory Oriental Financial Group Inc. OFG NYSE 8/22/2000 12,639,000 Company Other Phoenix International, Inc. PHXX Nasdaq 8/22/2000 19,857,000 Company Revenue recognition DT Industries, Inc. DTII Nasdaq 8/23/2000 10,107,274 Company Securities related Vari-L Company, Inc. VARL OTC 9/12/2000 n/a Company Restructuring, assets, or inventory Rentrak Corporation RENT Nasdaq 9/13/2000 12,373,606 Company Revenue recognition Avon Products, Inc. AVP NYSE 9/14/2000 245,510,000 SEC Cost or expense Precept Business Service, Inc. PBSI Nasdaq 9/15/2000 10,153,000 Company Restructuring, assets, or inventory Sykes Enterprises, Inc. SYKE Nasdaq 9/19/2000 41,996,844 Company Revenue recognition Bion Environmental Technologies, Inc. BION OTC 9/28/2000 n/a Auditor Cost or expense Aspeon, Inc. ASPEE Nasdaq 9/29/2000 9,401,435 Company Restructuring, assets, or Cost or expense inventory Mitek Systems, Inc. MITK Nasdaq 9/29/2000 11,119,843 Company Revenue recognition Interspeed, Inc. ISPD Nasdaq 10/6/2000 10,838,000 Company Revenue recognition Intrenet, Inc. INET Nasdaq 10/13/2000 15,037,066 Company Revenue recognition Sport-Haley, Inc. SPOR Nasdaq 10/16/2000 3,460,385 Company Restructuring, assets, or inventory National Fuel Gas Company NFG NYSE 10/17/2000 40,173,174 Company Reclassification Securities related Omni Nutraceuticals, Inc. ZONE Nasdaq 10/17/2000 30,640,000 Company Revenue recognition Allscripts Inc. MDRX Nasdaq 10/26/2000 27,900,000 Company Revenue recognition First American Health Concepts, Inc. FAH Amex 10/27/2000 2,635,545 Company Revenue recognition Alpharma Inc. ALO NYSE 10/30/2000 47,479,000 Company Other Page 18 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Rent-Way, Inc. RWY NYSE 10/30/2000 24,475,000 Company Restructuring, assets, or Revenue recognition Cost or expense inventory Epicor Software Corporation EPIC Nasdaq 10/31/2000 41,409,000 Company Other Pulaski Financial Corporation PULB Nasdaq 11/1/2000 3,024,264 Company Cost or expense Wyant Corporation WYNT Nasdaq 11/1/2000 3,731,375 Company Cost or expense Atchison Casting Corporation FDY NYSE 11/2/2000 7,689,347 Company Revenue recognition Cost or expense Other Detour Magazine, Inc. DTRM OTC 11/2/2000 n/a SEC Cost or expense Monarch Investment Properties, Inc. MIPR OTC 11/2/2000 n/a SEC Cost or expense Nx Networks, Inc. NXWX Nasdaq 11/2/2000 34,037,000 Company Revenue recognition Del Global Technologies Corporation DGTC Nasdaq 11/6/2000 8,175,899 Company Acquisitions and mergers Revenue recognition IBP, Inc. IBP NYSE 11/8/2000 107,076,000 Company Restructuring, assets, or inventory Lernout & Hauspie Speech Products N.V. LHSP Nasdaq 11/9/2000 131,354,671 ? Revenue recognition Harmonic Inc. HLIT Nasdaq 11/13/2000 57,724,000 Company Revenue recognition MITY Enterprises Inc. MITY Nasdaq 11/13/2000 5,170,267 Company Restructuring, assets, or Cost or expense inventory Bindley Western Industries, Inc. BDY NYSE 11/14/2000 37,968,255 Auditor Acquisitions and mergers Covad Communications Group COVD Nasdaq 11/14/2000 172,612,338 Company Revenue recognition DocuCorp International DOCC Nasdaq 11/14/2000 15,009,000 Company Revenue recognition eMagin Corporation EMA Amex 11/14/2000 25,069,143 Company Securities related FFW Corporation FFWC Nasdaq 11/14/2000 1,424,627 Company Other Northeast Indiana Bancorp NEIB Nasdaq 11/14/2000 1,592,461 Company Other Parexel International Corporation PRXL Nasdaq 11/14/2000 24,650,000 Company Other Potlatch Corporation PCH NYSE 11/14/2000 28,330,000 Company Restructuring, assets, or inventory Ramp Networks, Inc. RAMP Nasdaq 11/14/2000 21,664,000 Company Revenue recognition Source Media, Inc. SRCM Nasdaq 11/14/2000 17,682,000 Company Reclassification BPI Packaging Technologies, Inc. BPIE OTC 11/17/2000 n/a Company Restructuring, assets, or inventory Travel Dynamics Inc. TDNM OTC 11/17/2000 n/a Company Reclassification W.R. Grace & Company GRA NYSE 11/17/2000 65,300,000 Company Revenue recognition American Physicians Service Group, Inc. AMPH Nasdaq 11/20/2000 2,765,000 SEC Other Chesapeake Corporation CSK NYSE 11/20/2000 15,100,000 Company Restructuring, assets, or Revenue recognition inventory Global Med Technologies, Inc. GLOB OTC 11/20/2000 n/a Company Cost or expense Northpoint Communications Group NPNT Nasdaq 11/20/2000 132,989,264 Company Revenue recognition Lucent Technologies, Inc. LU NYSE 11/21/2000 3,387,200,000 Company Revenue recognition Quintus Corporation QNTS OTC 11/22/2000 n/a Auditor Other Whitney Information Network, Inc. RUSS OTC 12/5/2000 n/a Company Cost or expense Good Guys, Inc. GGUY Nasdaq 12/7/2000 23,094,000 Company Cost or expense Auburn National Bancorp AUBN Nasdaq 12/8/2000 3,924,573 Company Loan-loss Winnebago Industries, Inc. WGO NYSE 12/13/2000 20,882,000 SEC Revenue recognition Hamilton Bancorp HABKE Nasdaq 12/22/2000 10,081,147 External Related-party transactions Mikohn Gaming MIKN Nasdaq 12/26/2000 11,072,000 Company Revenue recognition AMC Entertainment AEN Amex 1/5/2001 4,078,889 Company Revenue recognition Service Corporation International SRV NYSE 1/5/2001 273,966,000 Company Revenue recognition TeleCorp PCS, Inc. TLCP Nasdaq 1/5/2001 n/a Company Related-party transactions Pennzoil-Quaker State Company PZL NYSE 1/16/2001 n/a Company Restructuring, assets, or inventory Online Resources Corporation ORCC Nasdaq 1/17/2001 11,646,321 Company Revenue recognition ECI Telecom ECIL Nasdaq 1/22/2001 92,455,000 Company Revenue recognition Proxim, Inc. PROX Nasdaq 1/23/2001 57,423,847 Company Tax related IPR&D Page 19 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason IMAX Corporation IMAX Nasdaq 1/24/2001 n/a ? Revenue recognition Integrated Measurement Systems, Inc. IMSC Nasdaq 1/24/2001 8,368,000 Company Revenue recognition National Steel Corporation NS NYSE 1/24/2001 41,288,000 Company Cost or expense Westfield America, Inc. WEA NYSE 1/24/2001 n/a Company Revenue recognition ALZA Corporation AZA NYSE 1/25/2001 238,200,000 Company Revenue recognition Avon Products AVP NYSE 1/25/2001 n/a Company/FASB Revenue recognition Wackenhut Corrections Corporation WAK NYSE 1/25/2001 15,000,000 ? Revenue recognition Guess? Inc GES NYSE 1/26/2001 43,832,000 Company Restructuring, assets, or inventory Jones Lang LaSalle Inc. JLL NYSE 1/31/2001 n/a ? Revenue recognition Sonus Corporation SSN Amex 2/1/2001 11,266,000 SEC Revenue recognition Critical Path CPTH Nasdaq 2/2/2001 72,137,000 Company Revenue recognition Hanover Compressor HC NYSE 2/5/2001 75,904,000 Auditor Related-party transactions Acquisitions and mergers Cheap Tickets, Inc. CTIX Nasdaq 2/7/2001 23,592,000 Company/FASB Revenue recognition Kaneb Services, Inc. KAB NYSE 2/7/2001 10,855,013 Company Securities related Reclassification Dillard's, Inc. DDS NYSE 2/8/2001 n/a Company Revenue recognition Nice Systems NICE Nasdaq 2/8/2001 12,954,000 ? Revenue recognition Vical Inc. VICL Nasdaq 2/12/2001 20,014,118 ? Revenue recognition Team Communications TMTV Nasdaq 2/13/2001 14,401,300 Company Acquisitions and mergers Commtouch Software Ltd CTCH Nasdaq 2/14/2001 15,462,000 Company Revenue recognition ECI Telecom Limited ECIL Nasdaq 2/14/2001 93,413,000 ? Revenue recognition NexPub, Inc. NEXP OTC 2/20/2001 n/a SEC Unspecified Encad Inc. ENCD Nasdaq 2/21/2001 11,902,000 Company Reclassification NPS Pharmaceuticals, Inc. NPSP Nasdaq 2/21/2001 n/a Company Revenue recognition IBP, Inc. IBP NYSE 2/22/2001 107,192,000 SEC Restructuring, assets, or inventory Corixa Corporation CRXA Nasdaq 2/27/2001 40,599,000 Company Revenue recognition Argosy Education Group, Inc. ARGY Nasdaq 3/1/2001 6,484,000 Company Cost or expense Other Gateway, Inc. GTW NYSE 3/1/2001 322,868,000 Company Revenue recognition Kroger Company KR NYSE 3/5/2001 812,000,000 ? Unspecified GATX Corporation GMT NYSE 3/6/2001 n/a Company Other Lance Inc. LNCE Nasdaq 3/6/2001 29,029,000 Company Unspecified Lands' End, Inc. LE NYSE 3/7/2001 n/a Company/FASB Revenue recognition True North Communications Inc. TNO NYSE 3/12/2001 51,431,000 SEC Acquisitions and mergers Charming Shoppes, Inc. CHRS Nasdaq 3/13/2001 101,982,000 Company Revenue recognition Landec Corporation LNDC Nasdaq 3/13/2001 18,357,000 Company Revenue recognition META Group Inc. METG Nasdaq 3/14/2001 n/a ? Revenue recognition Adaptive Broadband Corporation ADAP Nasdaq 3/15/2001 37,662,000 Company Revenue recognition LeCroy Corporation LCRY Nasdaq 3/15/2001 9,163,000 SEC Securities related Revenue recognition Urban Outfitters, Inc. URBN Nasdaq 3/15/2001 n/a FASB Revenue recognition Orthodontic Centers of America, Inc. OCA NYSE 3/16/2001 49,948,000 SEC Revenue recognition Pinnacle Holdings, Inc. BIGT Nasdaq 3/17/2001 48,430,593 SEC Acquisitions and mergers SeaView Video Technology, Inc. SEVU OTC 3/19/2001 n/a Company Revenue recognition Health Risk Management, Inc. HRM Nasdaq 3/22/2001 4,682,000 Company Cost or expense Lason Inc. LSON OTC 3/26/2001 n/a Company Other Aviron AVIR Nasdaq 3/27/2001 245,730,000 ? Revenue recognition Embrex Inc. EMBX Nasdaq 3/27/2001 8,576,000 Company Other Industrial Distribution Group, Inc. IDG NYSE 3/28/2001 8,559,032 Company Cost or expense California Amplifier, Inc. CAMP Nasdaq 3/29/2001 13,999,000 ? Revenue recognition Other Page 20 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Warnaco Group, Inc. WAC NYSE 3/29/2001 52,874,000 Company Revenue recognition Williams Controls, Inc. WMCO Nasdaq 3/29/2001 n/a Company Revenue recognition American Physicians Service Group, Inc. AMPH Nasdaq 3/30/2001 n/a SEC Related-party transactions Health Grades, Inc. HGRD Nasdaq 3/30/2001 21,507,758 Company Revenue recognition BroadVision, Inc. BVSN Nasdaq 4/2/2001 273,426,000 Company Cost or expense FindWhat.com FWHT Nasdaq 4/2/2001 17,059,326 Company Securities related Marlton Technologies, Inc. MTY Amex 4/2/2001 7,499,000 Company Other FLIR Systems, Inc. FLIR Nasdaq 4/3/2001 15,430,000 Company Unspecified Hemispherx Biopharma, Inc. HEB Amex 4/3/2001 30,109,219 Company Cost or expense U.S. Aggregates, Inc. AGA NYSE 4/3/2001 14,896,000 Company Reclassification Cost or expense Alcoa Inc. AA NYSE 4/5/2001 864,000,000 ? Revenue recognition First Data Corporation FDC NYSE 4/12/2001 n/a Company Revenue recognition NCI Building Systems, Inc. NCS NYSE 4/12/2001 18,345,000 Company Revenue recognition Private Media Group, Inc. PRVT Nasdaq 4/16/2001 49,317,203 Auditor Related-party transactions Accelerated Networks, Inc. ACCL Nasdaq 4/17/2001 49,573,000 Company Revenue recognition Motor Club of America MOTR Nasdaq 4/17/2001 2,124,387 Auditor Tax related Harrah's Entertainment Inc. HET NYSE 4/18/2001 115,080,000 ? Revenue recognition Cohesion Technologies, Inc. CSON Nasdaq 4/23/2001 9,442,000 Company/FASB Securities related FreeMarkets, Inc. FMKT Nasdaq 4/23/2001 39,131,672 SEC Reclassification Health Care Property Investors, Inc. HCP NYSE 4/23/2001 53,162,000 Company Revenue recognition NextPath Technologies, Inc. NPTK OTC 4/23/2001 n/a Company Cost or expense Atchison Casting Corporation FDY NYSE 4/24/2001 n/a Company Revenue recognition JDS Uniphase Corporation JDSU Nasdaq 4/24/2001 1,322,700,000 ? Restructuring, assets, or Acquisitions and Cost or expense inventory mergers Cardiac Pathways Corporation CPWY Nasdaq 4/25/2001 9,002,000 SEC/Auditor Securities related Southern Union Company SUG NYSE 4/25/2001 52,424,847 Company Related-party transactions Rayovac Corporation ROV NYSE 4/26/2001 n/a Company/FASB Revenue recognition Unify Corporation UNFY OTC 4/27/2001 n/a SEC Revenue recognition Dollar General Corporation DG NYSE 4/30/2001 335,184,000 ? Unspecified Ledger Capital Corporation LEDG Nasdaq 4/30/2001 2,417,329 ? Other Greka Energy Corporation GRKA Nasdaq 5/1/2001 4,855,047 Company Restructuring, assets, or inventory J Jill Group, Inc. JILL Nasdaq 5/2/2001 12,566,000 Company Revenue recognition Magna International Inc. MGA NYSE 5/2/2001 n/a Company Other NetEase.com, Inc. NTESE Nasdaq 5/5/2001 30,110,000 Company Revenue recognition Opal Technologies, Inc. OPALE OTC 5/7/2001 n/a Company Other Trikon Technologies, Inc. TRKN Nasdaq 5/8/2001 12,500,000 Company Revenue recognition Aronex Pharmaceuticals, Inc. ARNX Nasdaq 5/11/2001 25,974,000 Company Revenue recognition Guardian International, Inc. GIIS OTC 5/15/2001 n/a Company Revenue recognition National Commerce Financial Corporation NCBC Nasdaq 5/15/2001 207,891,000 SEC Acquisitions and mergers Robotic Vision Systems, Inc. ROBV Nasdaq 5/15/2001 35,864,000 Company Revenue recognition Hamilton Bancorp HABKE Nasdaq 5/16/2001 10,081,147 OCC Cost or expense Pre-Paid Legal Services, Inc. PPD NYSE 5/16/2001 21,429,000 SEC Cost or expense Cyber Merchants Exchange, Inc. CMEE OTC 5/17/2001 n/a ? Related-party transactions Bull Run Corporation BULL Nasdaq 5/21/2001 36,002,000 Company Acquisitions and mergers ARI Network Services, Inc. ARIS Nasdaq 5/22/2001 6,184,000 Company Revenue recognition PurchasePro.com, Inc. PPRO Nasdaq 5/22/2001 72,349,000 Company Securities related Vicon Fiber Optics Corporation VFOX OTC 5/22/2001 n/a Company Restructuring, assets, or Cost or expense inventory ConAgra Foods, Inc. CAG NYSE 5/23/2001 537,270,044 SEC Revenue recognition Page 21 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason U.S. Wireless Corporation USWC Nasdaq 5/26/2001 21,373,335 Company Securities related Israel Land Development Company ILDCY Nasdaq 5/30/2001 n/a Company Securities related Xerox Corporation XRX NYSE 5/31/2001 715,374,000 Company Related-party transactions Cost or expense Other American HomePatient, Inc. AHOM OTC 6/8/2001 n/a Company Reclassification Chronimed, Inc. CHMDE Nasdaq 6/14/2001 12,315,000 Company Revenue recognition Rare Medium Group, Inc. RRRR Nasdaq 6/26/2001 63,334,823 Company Revenue recognition CellStar Corporation CLST Nasdaq 6/28/2001 60,142,000 Company Revenue recognition Lions Gate Entertainment Corporation LGF Amex 6/28/2001 42,463,000 Auditor Other ESPS, Inc. ESPS Nasdaq 7/3/2001 17,629,000 Company Revenue recognition ICNB Financial Corporation ICNB OTC 7/6/2001 n/a Company Loan-loss LoJack Corporation LOJN Nasdaq 7/10/2001 15,999,211 ? Revenue recognition Genentech, Inc. DNA NYSE 7/11/2001 533,670,000 ? Revenue recognition Laidlaw Inc. LDWIF OTC 7/12/2001 n/a ? Other UTStarcom, Inc. UTSI Nasdaq 7/12/2001 110,601,000 ? Revenue recognition BakBone Software Inc. BKBOF OTC 7/13/2001 41,760,922 Auditor Revenue recognition Baldor Electric Company BEZ NYSE 7/16/2001 34,562,089 ? Revenue recognition Provident Bankshares PBKS Nasdaq 7/16/2001 26,461,000 Company Loan-loss Centex Construction Products, Inc. CXP NYSE 7/17/2001 18,458,820 ? Revenue recognition Chromaline Corporation CMLH NYSE 7/17/2001 1,271,627 ? Revenue recognition Centex Corporation CTX NYSE 7/18/2001 62,289,902 ? Revenue recognition Harrah's Entertainment Inc. HET NYSE 7/18/2001 115,080,000 ? Revenue recognition Lufkin Industries, Inc. LUFK Nasdaq 7/18/2001 6,498,239 ? Revenue recognition IDEC Pharmaceuticals Corporation IDPH Nasdaq 7/19/2001 167,394,000 ? Revenue recognition Manitowoc Company, Inc. MTW NYSE 7/19/2001 24,522,524 ? Revenue recognition PlanetCAD, Inc. PCD Amex 7/19/2001 12,419,000 Company Revenue recognition Cost or expense Checkpoint Systems, Inc. CKP NYSE 7/24/2001 31,654,000 ? Revenue recognition Onyx Software Corporation ONXS Nasdaq 7/24/2001 40,987,000 Company Revenue recognition Placer Dome Inc. PDG NYSE 7/24/2001 332,700,000 ? Revenue recognition Digital Insight Corporation DGIN Nasdaq 7/25/2001 29,429,000 ? Revenue recognition Monsanto Company MON NYSE 7/25/2001 263,600,000 ? Revenue recognition Cardiac Pathways Corporation CPWY Nasdaq 7/26/2001 9,002,000 ? Securities related Sony Corporation SNE NYSE 7/27/2001 920,000,000 ? Revenue recognition The Ackerley Group, Inc. AK NYSE 7/30/2001 35,098,000 ? Revenue recognition Sykes Enterprises, Inc. SYKE Nasdaq 7/30/2001 40,520,000 ? Revenue recognition Air Canada Inc. ACNAF Nasdaq 8/1/2001 140,000,000 ? Revenue recognition Roadhouse Grill, Inc. GRLL Nasdaq 8/1/2001 9,708,741 Company Cost or expense Fleming Companies, Inc. FLM NYSE 8/1/2001 51,032,000 ? Revenue recognition New England Business Service, Inc. NEB NYSE 8/1/2001 12,708,000 ? Revenue recognition Wackenhut Corporation WAK NYSE 8/3/2001 15,400,000 ? Revenue recognition Dial-Thru International Corporation DTIX OTC 8/5/2001 11,523,403 ? Restructuring, assets, or Securities related inventory PXRE Group Limited PXT NYSE 8/7/2001 11,501,372 ? Revenue recognition Anchor Gaming SLOT Nasdaq 8/8/2001 15,507,000 ? Revenue recognition Clorox Company CLX NYSE 8/8/2001 238,096,000 ? Revenue recognition VIA NET.WORKS, Inc. VNWI Nasdaq 8/9/2001 60,635,252 Company Revenue recognition Cost or expense Anika Therapeutics Inc. ANIK Nasdaq 8/14/2001 9,934,280 SEC Revenue recognition Immune Response Corporation IMNR Nasdaq 8/14/2001 35,734,789 ? Revenue recognition Kindred Healthcare, Inc. KIND OTC 8/14/2001 16,533,000 ? Cost or expense Page 22 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason MasTec Inc. MTZ NYSE 8/14/2001 47,787,000 ? Restructuring, assets, or Other inventory Reader's Digest Association, Inc. RDA NYSE 8/14/2001 101,900,000 ? Revenue recognition Hollywood Casino Corporation HWD Amex 8/16/2001 25,002,550 ? Revenue recognition NESCO, Inc. NESC Nasdaq 8/16/2001 9,724,862 Company Revenue recognition Riviana Foods Inc. RVFD Nasdaq 8/16/2001 14,131,000 ? Cost or expense Net4Music Inc. NMUS Nasdaq 8/16/2001 20,985,799 SEC Acquisitions and mergers Donnelly Corporation DON NYSE 8/20/2001 10,388,082 ? Restructuring, assets, or inventory Minuteman International, Inc. MMAN Nasdaq 8/20/2001 3,568,385 Company Revenue recognition Webb Interactive Services, Inc. WEBB Nasdaq 8/20/2001 10,872,058 ? Securities related Southwest Securities Group, Inc. SWS NYSE 8/21/2001 17,281,079 ? Securities related Derma Sciences, Inc. DSCI OTC 8/22/2001 4,445,805 ? Securities related Lancaster Colony Corporation LANC Nasdaq 8/22/2001 37,230,000 ? Revenue recognition Warnaco Group, Inc. WACGQ OTC 8/22/2001 52,873,637 Company Other Krispy Kreme Doughnuts, Inc. KKD NYSE 8/23/2001 58,601,000 ? Revenue recognition Learn2, Inc. LTWO OTC 8/23/2001 52,881,618 ? Revenue recognition Hayes Lemmerz International, Inc. HAZ NYSE 9/5/2001 28,456,000 Company Restructuring, assets, or Unspecified inventory Campbell Soup Company CPB NYSE 9/6/2001 411,000,000 ? Revenue recognition Corel Corporation CORL Nasdaq 9/7/2001 73,746,000 Company Cost or expense Wallace Computer Services, Inc. WCS NYSE 9/12/2001 41,408,000 ? Revenue recognition Banner Corporation BANR Nasdaq 9/17/2001 11,663,000 Company Other Centennial Communications Corporation CYCL Nasdaq 9/20/2001 95,183,000 ? Cost or expense Revenue recognition Kennametal Inc. KMT NYSE 9/21/2001 31,435,000 ? Restructuring, assets, or inventory Herman Miller, Inc. MLHR Nasdaq 9/24/2001 75,643,175 ? Revenue recognition Dean Foods Company DF NYSE 9/25/2001 36,603,967 ? Revenue recognition Vans, Inc. VANS Nasdaq 9/25/2001 18,257,849 ? Revenue recognition SCB Computer Technology, Inc. SCBI OTC 9/26/2001 25,190,000 Company Unspecified Energy West, Inc. EWST Nasdaq 9/27/2001 2,513,484 ? Cost or expense Fortune Brands, Inc. FO NYSE 10/18/2001 156,100,000 ? Revenue recognition Midland Company MLAN Nasdaq 10/18/2001 8,879,893 ? Restructuring, assets, or inventory Tyco International Limited TYC NYSE 10/18/2001 1,999,700,000 ? Revenue recognition Andrew Corporation ANDW Nasdaq 10/22/2001 81,840,000 ? Cost or expense CellStar Corporation CLST Nasdaq 10/22/2001 60,142,000 Company Revenue recognition Pre-Paid Legal Services, Inc. PPD NYSE 10/22/2001 21,586,000 SEC Revenue recognition Lafarge North America Inc. LAF NYSE 10/23/2001 72,982,000 ? Cost or expense Lucent Technologies Inc. LU NYSE 10/23/2001 3,416,300,000 ? Revenue recognition Avnet, Inc. AVT NYSE 10/25/2001 117,993,000 ? Restructuring, assets, or inventory Beyond.com Corporation BYND Nasdaq 10/25/2001 3,305,000 ? Other Cambior Inc. CBJ Amex 10/25/2001 109,845,550 ? Securities related Cincinnati Financial Corporation CINF Nasdaq 10/25/2001 161,846,000 ? Other Cohu, Inc. COHU Nasdaq 10/25/2001 20,470,000 ? Revenue recognition Varian, Inc. VARI Nasdaq 10/25/2001 34,570,000 ? Revenue recognition Western Digital Corporation WDC NYSE 10/25/2001 191,624,000 ? Revenue recognition Stolt-Nielsen S.A. SNSA Nasdaq 10/26/2001 78,258,198 ? Reclassification Century Business Services, Inc. CBIZ Nasdaq 10/29/2001 94,919,000 ? Revenue recognition High Speed Net Solutions, Inc. HSNS OTC 10/31/2001 36,392,201 SEC Acquisitions and mergers Page 23 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Homestake Mining Company HM NYSE 10/31/2001 265,096,000 SEC Reclassification Semitool, Inc. SMTL Nasdaq 10/31/2001 28,386,000 ? Revenue recognition Reynolds and Reynolds Company REY NYSE 11/1/2001 73,109,000 ? Reclassification Northrop Grumman Corporation NOC NYSE 11/2/2001 85,793,930 ? Revenue recognition Enron Corporation ENE NYSE 11/8/2001 761,000,000 ? Related-party transactions Reclassification Shurgard Storage Centers, Inc. SHU NYSE 11/8/2001 30,925,006 Auditor Related-party transactions Brightpoint, Inc. CELL Nasdaq 11/13/2001 55,826,000 SEC Cost or expense Applied Materials, Inc. AMAT Nasdaq 11/14/2001 818,209,000 ? Revenue recognition Hewlett-Packard Company HWP NYSE 11/14/2001 1,963,000,000 ? Revenue recognition Parallel Petroleum Corporation PLLL Nasdaq 11/14/2001 20,453,902 ? Revenue recognition Advanced Remote Communication BTRK OTC 11/15/2001 21,261,627 ? Revenue recognition Solutions Inc. eGames, Inc. EGAM OTC 11/16/2001 9,989,337 Auditor Revenue recognition Daw Technologies, Inc. DAWK Nasdaq 11/19/2001 3,759,303 Company Other Paulson Capital Corporation PLCC Nasdaq 11/19/2001 3,202,080 SEC Securities related StarMedia Network, Inc. STRM Nasdaq 11/19/2001 70,411,071 Company Revenue recognition Westvaco Corporation W NYSE 11/20/2001 101,942,000 ? Cost or expense HALO Industries Inc. HMLOQ OTC 11/21/2001 n/a ? Revenue recognition MERANT PLC MRNT Nasdaq 11/27/2001 139,952,000 ? Restructuring, assets, or inventory SRI/Surgical Express, Inc. STRC Nasdaq 11/27/2001 6,789,000 Company Revenue recognition Credence Systems Corporation CMOS Nasdaq 11/28/2001 60,233,000 ? Revenue recognition Toro Company TTC NYSE 12/5/2001 12,500,000 ? Cost or expense Method Products Corporation MTDP OTC 12/7/2001 39,983,285 Company Revenue recognition Securities related Angiotech Pharmaceuticals, Inc. ANPI Nasdaq 12/11/2001 15,414,000 ? Revenue recognition Cantel Medical Corporation CNTL Nasdaq 12/12/2001 6,578,000 ? Reclassification Take-Two Interactive Inc. TTWO Nasdaq 12/18/2001 37,896,000 ? Revenue recognition Concord Camera Corporation LENS Nasdaq 12/18/2001 27,421,023 ? Revenue recognition Woodhead Industries, Inc. WDHD Nasdaq 12/18/2001 11,838,000 ? Restructuring, assets, or inventory Actuant Corporation ATU NYSE 12/19/2001 9,268,000 ? Restructuring, assets, or inventory Rock-Tenn Company RKT NYSE 12/19/2001 33,835,000 Company Other Homestore.com, Inc. HOMS Nasdaq 12/21/2001 117,565,000 Company Unspecified MCK Communications, Inc. MCKC Nasdaq 12/21/2001 20,213,000 ? Revenue recognition KCS Energy, Inc. KCS NYSE 12/31/2001 34,986,000 Auditor Securities related Xplore Technologies Corporation XLRTF OTC 1/7/2002 n/a Company/Auditor Revenue recognition Photon Dynamics, Inc. PHTN Nasdaq 1/16/2002 15,746,000 Company/SEC Revenue recognition Dover Corporation DOV NYSE 1/21/2002 203,818,000 Company Restructuring, assets, or inventory AvantGo, Inc. AVGO Nasdaq 1/22/2002 34,946,000 Company Revenue recognition GenCorp Inc. GY NYSE 1/22/2002 43,044,000 ? Restructuring, assets, or Reclassification inventory Del Monte Foods Company DLM NYSE 1/24/2002 52,790,908 Company Securities related Viad Corporation VVI NYSE 1/24/2002 86,728,000 Company/Auditor Restructuring, assets, or Cost or expense inventory Exelon Corporation EXC NYSE 1/28/2002 323,000,000 Company Restructuring, assets, or inventory Advanced Magnetics, Inc. AVM Amex 1/29/2002 6,700,691 Company Securities related Alliant Energy Corporation LNT NYSE 1/29/2002 89,780,585 SEC Securities related Anadarko Petroleum Corporation APC NYSE 1/29/2002 263,000,000 Company Other The PNC Financial Services Group, Inc. PNC NYSE 1/29/2002 285,000,000 External Related-party transactions Loan-loss Page 24 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Northwest Bancorp, Inc. NWSB Nasdaq 1/31/2002 47,944,142 Company Acquisitions and mergers Qiao Xing Universal Telephone, Inc. XING Nasdaq 1/31/2002 11,878,000 Company Securities related Tax related United States Lime & Minerals, Inc. USLM Nasdaq 1/31/2002 5,799,845 ? Other Enterasys Network, Inc. ETS NYSE 2/1/2002 128,988,000 SEC Revenue recognition L90, Inc. LNYTE Nasdaq 2/4/2002 24,992,000 ? Related-party transactions Revenue recognition Pennzoil-Quaker State Company PZL NYSE 2/5/2002 81,482,000 Company Other Reliant Energy, Inc. REI NYSE 2/5/2002 297,166,000 ? Reclassification Reliant Resources, Inc. RRI NYSE 2/5/2002 290,036,000 Company Reclassification Allied Irish Banks PLC AIB NYSE 2/6/2002 71,000,000 Company Other Cornell Companies CRN NYSE 2/6/2002 12,952,000 Auditor Revenue recognition Securities related Escalon Medical Corporation ESMC Nasdaq 2/8/2002 3,385,263 External Acquisitions and mergers Reclassification Phar-Mor, Inc. PMORQ OTC 2/8/2002 10,758,441 Company Restructuring, assets, or inventory Pyramid Breweries Inc. PMID Nasdaq 2/8/2002 8,112,136 Company Cost or expense Tax related Baltimore Technologies PLC BALTY OTC 2/12/2002 n/a Company Revenue recognition eDiets.com, Inc. EDET OTC 2/12/2002 17,706,000 ? Revenue recognition Hub Group, Inc. HUBG Nasdaq 2/12/2002 7,708,546 Company Unspecified Eagle Building Technologies, Inc. EGBT Nasdaq 2/14/2002 5,952,500 Company/SEC Other NVIDIA Corporation NVDA Nasdaq 2/14/2002 182,565,000 Company/SEC Restructuring, assets, or Revenue recognition Cost or expense inventory Petroleum Geo-Services ASA PGO NYSE 2/14/2002 103,345,987 Company Revenue recognition Tax related Raining Data Corporation RDTA Nasdaq 2/14/2002 15,720,711 Company/Auditor Acquisitions and mergers Securities related Almost Family, Inc. AFAM Nasdaq 2/15/2002 3,006,736 Company/Auditor Cost or expense Measurement Specialties, Inc. MSS Amex 2/15/2002 11,928,000 Company Restructuring, assets, or Revenue recognition inventory Pharamaceutical Resources, Inc. PRX NYSE 2/19/2002 32,868,000 SEC Securities related The PNC Financial Services Group, Inc. PNC NYSE 2/19/2002 285,000,000 Company Revenue recognition Computer Associates International, Inc. CA NYSE 2/19/2002 n/a Company Revenue recognition Avista Corporation AVA NYSE 2/20/2002 47,759,000 External Cost or expense PG&E Corporation PCG NYSE 2/21/2002 368,000,000 Company Related-party transactions Reclassification USABancShares.com, Inc. USAB Nasdaq 2/21/2002 5,555,000 Company/SEC Reclassification Foamex International FMXI Nasdaq 2/25/2002 n/a SEC Revenue recognition Cost or expense Hanover Compressor Company HC NYSE 2/26/2002 82,190,000 Company/Auditor Related-party transactions Acquisitions and Revenue mergers recognition eFunds Corporation EFDS Nasdaq 3/4/2002 47,806,000 Company Acquisitions and mergers FiberNet Telecom Group, Inc. FTGX Nasdaq 3/4/2002 62,212,000 ? Restructuring, assets, or Revenue recognition inventory Rotonics Manufacturing Inc. RMI Amex 3/6/2002 12,766,944 ? Cost or expense FloridaFirst Bancorp, Inc. FFBK Nasdaq 3/7/2002 5,413,000 Company Securities related NuWay Energy Inc. NWAY Nasdaq 3/11/2002 5,594,004 ? Revenue recognition Securities related Performance Food Group Company PFGC Nasdaq 3/11/2002 45,411,000 Company Revenue recognition Cost or expense Minuteman International, Inc. MMAN Nasdaq 3/12/2002 3,587,245 ? Restructuring, assets, or Revenue recognition Cost or expense inventory Corrpro Companies, Inc. CO Amex 3/20/2002 8,199,000 Company Securities related Revenue recognition Cost-U-Less, Inc. CULS Nasdaq 3/21/2002 3,608,512 ? Other Reclassification Restoration Hardware, Inc. RSTO Nasdaq 3/21/2002 29,246,000 SEC Revenue recognition Flagstar Bancorp, Inc. FBC NYSE 3/22/2002 30,593,000 ? Securities related PAB Bankshares Inc. PAB Amex 3/22/2002 9,466,108 ? Securities related Loan-loss Omega Protein Corporation OME NYSE 3/26/2002 24,848,000 ? Restructuring, assets, or Reclassification inventory Hanover Compressor Company HC NYSE 3/28/2002 82,190,000 ? Cost or expense ACTV, Inc. IATV Nasdaq 3/28/2002 56,862,945 ? Tax related Securities related Page 25 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Zapata Corporation ZAP NYSE 3/28/2002 2,396,000 ? Restructuring, assets, or inventory Calpine Corporation CPN NYSE 3/29/2002 307,332,000 ? Other BroadVision, Inc. BVSN Nasdaq 4/1/2002 285,061,000 Company Revenue recognition Del Global Technologies Corporation DGTC OTC 4/1/2002 7,847,515 Company Restructuring, assets, or Cost or expense inventory Gemstar-TV Guide International, Inc. GMST Nasdaq 4/1/2002 n/a SEC Revenue recognition Input/Output, Inc. IO NYSE 4/1/2002 n/a Company Reclassification Seitel, Inc. SEI NYSE 4/1/2002 n/a Company Revenue recognition Superior Financial Corporation SUFI Nasdaq 4/1/2002 n/a Company/Auditor Reclassification Xerox Corporation XRX NYSE 4/1/2002 n/a SEC Revenue recognition Akorn Inc. AKRN Nasdaq 4/2/2002 n/a SEC Other Cost or expense American Physicians Service Group, Inc. AMPH Nasdaq 4/5/2002 n/a Auditor Reclassification Barrett Business Services, Inc. BBSI Nasdaq 4/7/2002 n/a ? Cost or expense United Pan-Europe Communications N.V. UPCOY Nasdaq 4/12/2002 n/a Company Securities related Foster Wheeler Limited FWC NYSE 4/12/2002 n/a ? Cost or expense Gerber Scientific, Inc. GRB NYSE 4/15/2002 n/a SEC Restructuring, assets, or inventory iGo Corporation IGOC Nasdaq 4/15/2002 n/a Company Revenue recognition Cost or expense Advanced Remote Communication BTRK OTC 4/16/2002 n/a Company Revenue recognition Cost or expense Solutions Inc. Kraft Foods Inc. KFT NYSE 4/16/2002 n/a ? Revenue recognition SeaView Video Technology, Inc. SEVU OTC 4/16/2002 n/a Company Securities related Other Metromedia Fiber Network, Inc. MFNX Nasdaq 4/17/2002 n/a Auditor Revenue recognition Cost or expense Williams-Sonoma Inc. WSM NYSE 4/17/2002 n/a Company/SEC Revenue recognition DuPont Company DDS NYSE 4/23/2002 n/a Company Acquisitions and mergers Monsanto Company MON NYSE 4/24/2002 n/a ? Restructuring, assets, or inventory DOV Pharmaceutical, Inc. DOVP Nasdaq 4/25/2002 n/a Company Related-party transactions Network Associates, Inc. NET NYSE 4/25/2002 n/a Company Reclassification Great Pee Dee Bancorp, Inc. PEDE Nasdaq 4/29/2002 n/a FASB Acquisitions and mergers Star Buffet, Inc. STRZ Nasdaq 4/30/2002 n/a Company Cost or expense Kmart Corporation KM NYSE 5/1/2002 n/a Company/SEC Revenue recognition Adelphia Communications Corporation ADLAC Nasdaq 5/2/2002 n/a Company/SEC Related-party transactions Haemonetics Corporation HAE NYSE 5/2/2002 n/a Company Acquisitions and mergers Imperial Tobacco Group PLC ITY NYSE 5/2/2002 n/a Company Tax related Key Production Company, Inc. KP NYSE 5/6/2002 n/a Company Restructuring, assets, or inventory Peregrine Systems, Inc. PRGN Nasdaq 5/6/2002 n/a Auditor Revenue recognition Creo Inc. CREO Nasdaq 5/7/2002 n/a Company Securities related The Hain Celestial Group, Inc. HAIN Nasdaq 5/7/2002 n/a Company Reclassification Smart & Final Inc. SMF NYSE 5/7/2002 n/a ? Revenue recognition ImmunoGen, Inc. IMGN Nasdaq 5/9/2002 n/a Company Revenue recognition Phillips Petroleum Company P NYSE 5/10/2002 n/a ? Restructuring, assets, or inventory Reliant Resources, Inc. RRI NYSE 5/13/2002 n/a Company Related-party transactions Revenue recognition Drexler Technology Corporation DRXR Nasdaq 5/14/2002 n/a Company Revenue recognition Edison Schools Inc. EDSN Nasdaq 5/14/2002 n/a SEC Reclassification I/Omagic Corporation IOMC OTC 5/14/2002 n/a Company Revenue recognition Medis Technologies, Limited MDTL Nasdaq 5/14/2002 n/a Company Other Univision Communications Inc. UVN NYSE 5/14/2002 n/a Company Related-party transactions CMS Energy Corporation CMS NYSE 5/15/2002 n/a Company Related-party transactions Revenue recognition Page 26 GAO-03-395R Financial Statement Restatement Database Enclosure II Company Ticker Market Date Shares Prompter Coded Coded Coded Name Symbol Listing Outstanding Reason Reason Reason Eidos PLC EIDSY Nasdaq 5/15/2002 n/a Company Securities related Cost or expense Fields Technologies, Inc. FLDT OTC 5/15/2002 n/a Company Securities related Stratus Properties Inc. STRS Nasdaq 5/15/2002 n/a ? Securities related OneSource Technologies, Inc. OSRC OTC 5/16/2002 n/a Company Cost or expense Securities related Dillard's, Inc. DDS NYSE 5/17/2002 n/a ? Restructuring, assets, or inventory JNI Corporation JNIC Nasdaq 5/20/2002 n/a Company Revenue recognition Peregrine Systems, Inc. PRGN Nasdaq 5/23/2002 n/a SEC Unspecified Cognos, Inc. COGN Nasdaq 5/28/2002 n/a ? Other Hometown Auto Retailers Inc. HCAR OTC 5/28/2002 n/a Company Restructuring, assets, or Revenue recognition Reclassification inventory Avanex Corporation AVNX Nasdaq 5/29/2002 n/a ? Cost or expense Lantronix, Inc. LTRXE Nasdaq 5/30/2002 n/a Company Revenue recognition EOTT Energy Partners, L.P. EOT NYSE 5/31/2002 n/a SEC Other Flow International Corporation FLOW Nasdaq 5/31/2002 n/a Company Cost or expense Transmation, Inc. TRNS Nasdaq 6/5/2002 n/a ? Restructuring, assets, or inventory Standard Commercial Corporation STW NYSE 6/6/2002 n/a ? Related-party transactions Vail Resorts, Inc. MTN NYSE 6/6/2002 n/a Auditor Revenue recognition Collins & Aikman Corporation CKC NYSE 6/7/2002 n/a ? Acquisitions and mergers FFP Marketing Company, Inc. FMM Amex 6/10/2002 n/a Company Revenue recognition Cost or expense CIT Group Inc. CIT NYSE 6/12/2002 n/a ? Restructuring, assets, or inventory HPSC, Inc. HDR Amex 6/17/2002 n/a Company Other Sybron Dental Specialties, Inc. SYD NYSE 6/18/2002 n/a ? Restructuring, assets, or inventory Supervalu Inc. SVU NYSE 6/25/2002 n/a Company Other WorldCom, Inc. WCOME Nasdaq 6/25/2002 n/a Company Cost or expense Source: GAO. Legend N/A = Not available ? = Unknown Note: GAO analysis of various documents. (250115) Page 27 GAO-03-395R Financial Statement Restatement Database
Financial Statement Restatement Database
Published by the Government Accountability Office on 2003-01-17.
Below is a raw (and likely hideous) rendition of the original report. (PDF)