Published on December 30, 2009 at 5:24 AM
Nutrisystem, Inc. (NASDAQ:NTRI), a leading provider of weight management
products and services, today announced that it expects to take a non
cash charge of up to $5 million before taxes to reflect an impairment
charge on the value of the goodwill and identifiable intangibles related
to its Nu-Kitchen fresh food delivery business that currently services
the New York City area, which the company acquired in July 2008. The
company expects to take the charge in the fourth quarter of 2009 and
intends to finalize its impairment analysis prior to the release of its
2009 financial results.
http://www.nutrisystem.com/