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Notes to Consolidated Financial Statements

Note 9: OTHER LONG-TERM LIABILITIES

Other long-term liabilities were as follows at November 30:

(In thousands)
2007
2006

Accrued pension cost
$ 23,345
$ 35,827
Deferred income tax liabilities
15,740
785
Compensation and benefits
3,336
4,618
Deferred income
3,167
Other
1,733
103
 
 
$ 44,154
$ 44,500

Accrued pension costs November 30, 2006 has been revised from $54,140,000 to $35,827,000 to properly record the accrued pension cost net of prepaid pension cost of $18,313,000 that was previously included as other assets.

 

Note Ten

 
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