Annual report pursuant to Section 13 and 15(d)

Other Assets

v2.4.0.6
Other Assets
 12 Months Ended
Dec. 31, 2011
Other Assets [Abstract]  
Other Assets

Note H — Other Assets

 

     2011      2010  
     In thousands  

Investments held for deferred compensation plans (Note M)

    $ 181,416       $ 184,108   

Other investments

      15,177         23,292   

Deferred income taxes (Note P)

      29,304         38,523   

Computer software, net of accumulated amortization of $39,723 in 2011 and $40,529 in 2010

      50,189         43,558   

Shop-in-shop costs, net of accumulated amortization of $31,735 in 2011 and $16,625 in 2010

      33,157         24,072   

Deferred debt issuance costs

      15,326         9,256   

Unrealized gains on hedging contracts (Note U)

      7,252         3,272   

Other

      73,987         44,944   
  

 

 

     

 

 

  

Other assets

    $ 405,808       $ 371,025   
  

 

 

     

 

 

  

Investments held for deferred compensation plans consist of mutual funds and life insurance contracts. Other investments include marketable securities and life insurance contracts.

Mutual funds are classified as trading securities and carried at fair value. Marketable securities are classified as available-for-sale securities and are carried at fair value with unrealized gains and losses, net of related tax effects, reported as a component of Accumulated Other Comprehensive Income until realized. Life insurance contracts are carried at cash surrender value.