• natereed
    Anyone analyzed $RST's Income Statement? Why is the "Income Tax Expense" in 2012 such a big number since the company is losing $?
    Reply (3)
    • Investing 501: It was due to an increase in the valuation allowance of $29.9 million relating to operations in the U.S. and certain foreign jurisdictions.
    • Investing 501: In Q3 the Company established a full valuation allowance to reduce the deferred tax assets of its operations in Brazil, Japan, and the U.S.
    • natereed: Thank you, Investing 501.