Originally Posted by
Bucking Bar
http://investing.businessweek.com/re...&formType=10-K
I do not suspect any manipulation what so ever.
Kindly don't take this personally (just got back from a Board meeting at our Church). It is amazing how some people (particularly those who don't itemize tax returns) think anyone with any money is up to shenanigans through the black art of third grade level math.
No worries, no offense taken. While a good portion of that 10K is over my head, I did see the 21% number is limited to DCI only. I am not saying that manipulation of the numbers is occurring, but I see how the numbers could be very easily massaged if it would help managements position going into negotiations. I think that management and the number crunchers do a good job insuring the best results for the company, but those may not align with what is best for our pilot group.