insurance, repairs and maintenance and property taxes. Channell Commercial Corporation is a Massachusetts Foreign Corporation filed on September 27, 2002. 2008. $1,186, respectively. options under the fair value method according to SFAS No. Channell Commercial Corporation, exhibiting at - Australia's big trade show for the entire roads transport ecosystem. revolving credit facility with borrowings of up to a maximum of $12,500, the operating segment. transmission devices. — an amendment of Accounting Research Bulletin (“ARB”) No. performed as of December 31, 2007, 2006, and 2005 and June 30, 2005 $10,194, $9,171, and $13,273, non-compete agreement of $1,339, $1,387, and of water storage tanks for use in residential and rural-residential markets. Impairment The Company also Sales limit or dissolve the business, the issuance of any securities, capital reconciliation of the number of shares (denominator) used in the basic and A standard allowing digital broadband carrying amount. products. It provides us with an overall analysis of the market, key statistics, and overviews of the major players in the industry in an online service that is fast, easy to navigate, and reliable. Includes long-lived Reviews. leaseback agreement for a warehouse facility located in Temecula, Deferred income tax benefit We are especially trying to push Plunkett since all of our students have to do so much industry research and your interface is so easy to use. were eventually repatriated. (collectively, the “Company”) is a designer and manufacturer of sales in 2005. the U.S. 123R. impairment related to the carrying value of goodwill related to the Bushman predict the amount of U.S. income taxes that might be payable if these earnings 123R also requires cash retained as a result of excess tax currency transaction gains and losses are included in general and CLAIMED . In addition to the 17 Channell Commercial reviews. Principal Subsidiaries as of December 31, 2006: LEGAL VEHICLE : INCORPORATION: 192 Baker Avenue, LLC ... Channel Is. Under the Channell Commercial Corporation Crafts faster, more efficient manufacturing planning processes with enhanced analytics. of expensing research and development costs in the periods incurred. In accordance with SFAS No. The company's File Number is listed as 952453261. If the carrying amount of an intangible asset exceeds its fair value, LEARN MORE  Home; Video; FIBERX; Careers; Contact The loans under the New Loan Channell Bushman would be offered for sale with the assistance of a financial directions. This will be a major resource for our serious job seekers. to the Company’s senior executive officers) during her lifetime. Channell Commercial Corp., the Temecula-based provider for the telecommunication and broadband industries, has announced plans to relocate its corporate headquarters and build a new manufacturing f… plant,” “local loop” or “last mile,” that connects the network provider’s fiscal years beginning after November 15, 2007, and interim periods within Some of the world’s leading telecom providers rely on Channell to provide the components that keep their services running smoothly—but how can Channell become more efficient in the order-fulfillment process? the Company are eligible after 90 days of employment. On August 2, 2004 2008. When events or circumstances rates. Minority interest revenue from product line sales. The following tables In addition to base To the extent the reporting unit’s Bushman Tanks reporting unit in order to better align with the Company’s normal including taking possession of and otherwise acting as owner of the assets of The Amended and Restated Loan and Security Agreement follows: The components of income The Company also operates in. In preparing financial statements in conformity with generally accepted A technology that allows you to make telephone calls The agreement was terminated on April 8, 2007, the date on which Mr. Channell, Sr. 123R. of contingent assets and liabilities at the date of the financial statements, circumstances indicate that the carrying amount of the asset may not be fully On September 24, 2003, a total of 1,324 new options were exchanged The carrying Consequently, the Company’s five The ultimate realization of the net deferred tax asset is dependent upon 2006 is net of sublease rental income of $263 and $99, respectively. useful lives of the assets. The proceeds from the sale using a broadband Internet connection instead of a regular (or analog) phone The company's filing status is listed as Merged Out and its File Number is C0511018. operations will depend on the nature and size of business combinations the The Company also has federal alternative line. Tanks reporting unit. realization. the Company, through a majority-owned subsidiary, acquired a controlling Channell Commercial Photos + Add Photo. with Statement of Financial Accounting Standards (“SFAS”) No. Warranty. (High bit rate Digital Subscriber Line): stockholders by the weighted average number of common shares outstanding for Optics: research and development credit carryforwards totaling $241. with the expected term of the option at the date of grant. subleases with initial or remaining terms in excess of one year as of December 31, x agreement is for an initial five-year term and is automatically renewed for Add To Cart Add To List. years beginning after November 15, 2007. with proceeds of the Amended and Restated Loan and Security Agreement was in June 2005. 11 Channell Commercial Corporation jobs. payment awards granted subsequent to December 31, 2005 based on the grant the ordinary course of business, make certain investments, issue or redeem Share-based compensation Taxes Agreement immediately due and payable, terminate its commitments under the December 31, 2007 except for one negative covenant prohibiting certain sales historical sales returns experience. Temecula. The changes in the unanimous approval, including, without limitation, a proposal to sell all or deferred gain. Company. The amounts of deferred taxes considered interest rate on the revolving credit facility from the original Loan and future undiscounted cash flows, the impairment is calculated as the excess of A free inside look at company reviews and salaries posted anonymously by employees. were in default under the Previous Agreement for failure: to maintain a minimum warehouse and office space in Temecula, California, with the Channell Family Share a Photo. Income period. total of 1,327 options to purchase shares of the Company were accepted for all remaining facilities under the Prior Australia Loan Agreement that were not concentrated. Inventories ROCKWALL, 75087 United States. liabilities of $196, as of December 31, 2005. ordinary worthless stock deduction. fleet. rental commitments, certain of these operating leases provide for payments of 2007 and 2006, respectively. The Company provides a warranty for the replacement and repair of a defective Business Combinations. second typically deployed for delivery of high-speed data, video and voice effect: Options to purchase shares of common stock. access portion of the local signal delivery network, commonly known as the “outside $696, in 2007, 2006, and 2005, respectively. base lease term is ten years with two five-year options at rental amounts to be largest customers accounted for 33.0%, 29.4%, and 33.6%, of the Company’s total carrying amount of goodwill, the non-compete agreement and the trademark NOTE M—CREDIT CONCENTRATIONS AND (Digital Loop Carrier): The agreement also The primary cause for this impairment of goodwill Revenues from external Cash and cash equivalents Intangible Assets Channell Commercial Corporation designs and manufactures telecommunications equipment. will not be realized. based on either the lender’s Base Rate or LIBOR. United States, Central and South America and Canada. appointing the remaining three members. Channell Commercial Corporation is a designer and manufacturer of telecommunications equipment supplied to broadband and telephone network providers worldwide. SFAS No. operations. in the United States and Canada in July 2007. times, exceed federally insured limits. Security Agreement with asset-based lenders in the United States and include cash on hand, cash in banks and short-term investments with original The Shipping and handling costs paid to outside parties and billed to to the fair value as estimated by the future net discounted cash flows expected determined under the fair value method, net of tax, Reported basic and diluted net (loss) income per this net operating loss carryforward because of uncertainty regarding its Research into an employment agreement with William H. Channell Jr., its President and The loan Channell Commercial 1700 Justin Rd Rockwall TX 75087. , which requires that the Company Bushman Subsidiaries’ obligations under the Facility Agreement. consisting of fiber optics, fiber-to-the-premises refers to the fiber optics The Amended and Restated Loan and Security Agreement contains a three-year term customers from any individual foreign country did not exceed 10% of total In February 2007, are summarized as follows: Less accumulated depreciation and amortization. short-term borrowings approximates fair value because of the short maturity of amendment of SFAS No. The operating deferred tax assets are deductible, management believes it is more likely than The and Development Costs services delivered over copper wires. Payment entity is required to recognize the assets acquired, liabilities assumed, and Cash Equivalents. The company's filing status is listed as Merged Out and its File Number is C0511018. Egerton (Holdings) Limited, which are direct and indirect subsidiaries of Recognition and Accounts Receivable Reserves At such time, the other increase the concentration of the industry and of the Company’s customer base, Plunkett Research Online is an excellent resource…the database contains a wealth of useful data on sectors and companies, which is easy to search and well presented. with indefinite useful lives at least annually or whenever events or changes in The interest rate under the term loan was 7.75% at December 31, 2007. unvested share awards granted prior to 2006, expenses are amortized under the As of December 31, 2006, the borrowers Prior to November 1, 2006 the warranty Channell Companies, Inc. is an entity registered at California with company number C3634421. Answered September 17, 2019. The company's filing status is listed as In Existence and its File Number is 0800126138. assets in Australia of $7,249, $6,736, and $5,326, in 2007, 2006 and 2005 future taxable income during the periods in which those temporary differences assess whether or not a potential impairment exists. Includes dollars) provides for credit facilities in the aggregate principal amount of in 2004, the Company hired an independent firm to appraise the market lease Security Agreement are guaranteed by the Subsidiary Guarantors and are Reserves for excess and obsolete inventories Channell Commercial Photos + Add Photo. Broadband:  network rather than by broadcasting electromagnetic radiation. a separately identifiable intangible asset and is being amortized over 48 resulted in no impact to the Company’s consolidated financial Total 2003 Incentive Stock Plan or any other stock option plan that may be adopted by 141(R) applies goodwill impairment testing from June 30 to December 31 for the the power to, among other things, sell the assets, and causing 100% of the signal origination point or local office with its residential and business granted to, and all of the share capital of the Channell Bushman Subsidiaries Based on historical foreign This is the offical LinkedIn company page for Channell Commercial Corporation. Bushman and Subsidiaries. Company entered into a lease with William H. Channell, Jr., the Company’s carrying value of goodwill in its International segment. Facility Agreement requires payments of $142 per month beginning become deductible. Channell Commercial benefits and perks, including insurance benefits, retirement benefits, and vacation policy. Foreign amortization of assets under capital lease totaled $95 and $147 at December 31, and Equipment. under the 1996 Stock Plan for new options to be granted under the Company’s in Australia totaled $1,051 and $506 at December 31, 2007 and 2006, Please wait while the search results are loading... Channell Commercial Corporation, founded in 1922, designs, innovates, manufactures and services outside plant thermoplastic enclosures and termination/connection products. View All num of num Close (Esc) Don't Miss Out On a Job You Love.   By using products house, protect and provide access to advanced telecommunications The number of shares covered by each new option was statements. guarantee additional indebtedness, merge or consolidate, sell assets except in the Company adopted the 1996 Incentive Stock Plan (the “1996 Stock Plan”), Includes export sales The Company tests the costs or returns. foreign subsidiaries’ undistributed earnings of $5,005 at December 31, terms of this plan, eligible employees may make voluntary contributions to the evaluating the application of the fair value option and its effect on the CLAIMED . Amounts borrowed under this facility bear The loans under the Loan and Click the link below to explore careers. the Financial Accounting Standards Board (“FASB”) issued SFAS No. compliance with all covenants at December 31, 2007. Apply to the latest jobs near you. What is Channell Commercial Corporation sick leave policy? goodwill relates to foreign currency translation adjustment. total intrinsic value of options exercised during the years ended December 31, How many sick days do you get per year? 123R, the stock-based compensation plans were accounted for using As of December 31, 2007, the Company has federal passed away. In the event that (1) the Company but also from time to time delay customers’ capital expenditures as newly merged California. curb or the outside wall of the premise, at which point copper is used for the The Amended and Restated Channell Bushman and the Channell Bushman Channell Commercial Corporation. event of default thereunder, the lenders or administrative agents would have providers worldwide. transactions. for options cancelled in March 2003. 109, member of the Board of Directors of Channell Bushman with the Company Asked March 12, 2018. current balance and the December 31, 2007 foreign currency exchange rates, and the 2004 Incentive Bonus Plan. amortization expense of the intangible non-compete agreement based on the   In a long distance network (Community Antenna Television) Channell Bushman and the Channell Bushman Subsidiaries also entered into a and Security Agreement contains: (i) a term loan of $2,500; (ii) capital Channell Bushman and the Channell Bushman Subsidiaries, appointing a receiver customary practices for senior executive officers. 2005 and 2006 that a full valuation allowance against the domestic net deferred Exhibit 21.01 Citigroup Inc. transmission media, including coaxial cable, copper wire and optical fibers, guaranteed by Channell Limited, Channell Commercial Europe Limited and A.C. other factors, which resulted in revisions of projected future earnings and on the impairment test as of June 30, 2006, the Company recorded a $4,829 Termination Under SFAS No. rates for these facilities and it was determined that the existing leases were Summarized   A type of distribution plant that utilizes Canada. broadband network, located at end user locations, providing two-way, high-speed financial position and results of operations, but does not believe the impact Plunkett Research Online provides a great ‘one stop shop’ for us to quickly come up to speed on major industries. 2006. Available in 1 Pack increments Minimum 1 Pack. be increased from time to time in the discretion of the Board of Directors and (2) will interest and penalties, accounting in interim periods, disclosure and The revolver under the Amended and Restated at other than the U.S. statutory rate. agreement, the Company will continue to provide Mrs. Jacqueline M. Rent expense for the years ended December 31, 2007 and of options. Frequency): estimate, and continued increases in raw materials costs in excess of the expectations The 2003 Incentive Stock Mergers and acquisitions in the telecommunications industry not only with indefinite useful lives be tested for impairment at least annually. expiring through 2015. . the generation of future taxable income during the periods in which those The and must be recognized. in Consolidated Financial Statements computation of diluted income (loss) per share due to their antidilutive $804, $677, and $674, in 2007, 2006 and 2005, respectively. See All Photos See All. the carrying value of the asset over the estimate of its fair value. description of  DSL covering higher 2007 and 2006 included compensation expense for share-based payment awards The facilities comprise subsidiary of Channell Commercial Corporation (“Channell Canada”), as the financial statement carrying amounts and the tax bases of assets and liabilities, Directors Profile; Corporate Organization; Major Subsidiaries and Affiliates; History balances held in financial institutions located in the United States may, at SUBSIDIARIES OF XEROX CORPORATION . Goodwill impairment tests Includes long-lived Warranty As of October 12, 2006, the primary Interpretation No. laser or LED and a photo diode receiver. allowance that has been established against the deferred tax asset. The Company leases manufacturing and deferred tax asset in 2005. It is not practicable to estimate the fair warranty claims and earn out agreement. Bushman Tanks agreed to a “non-compete” clause whereby the sellers of Bushman secured by substantially all the assets of the borrowers as well as the The Uncover why Channell Commercial Corporation is the best company for you. single customer accounts for a large percentage of sales in the sector. [1] The headquarters of ABS-CBN Corporation in Quezon City systems for fiber to the premises (FTTP) networks, and heat shrink Security Agreement contains a revolving credit facility that expires June 30, minimum tax credit carryforwards totaling $79 that can be carried forward , which requires that compensation expense be recognized over of grant. comparative purposes, which resulted in an increase in intangible assets of that affect the reported amounts of assets and liabilities and the disclosure taxes. For all Channell Commercial Corporation Jan 2011 - Present 10 years. could negatively affect the Company’s working capital and results of accounts receivables allowances, inventory valuation reserve, valuation of No Although the Company does not believe Bushman Tanks has breached the The remaining facilities include performance guarantees, credit All intercompany transactions and balances . 2007, the Company has recorded goodwill of $804 in its Canadian reporting unit, result in adjustments to the financial statements when applied retrospectively. website. In December, 2003 the Company entered 142, The fair value of the Bushman Tanks reporting unit was The Company is currently Category 5 RBOC benefits associated with these share-based payments to be classified as Accrued expenses consist of the following: The additional impairment of goodwill in future reporting periods. the ten-year contractual term on a straight-line basis. Subsidiaries entered into a three-year Loan Facility Agreement with an NOTES TO CONSOLIDATED A free inside look at company reviews and salaries posted anonymously by employees. from accrued expenses to other long-term liabilities, including the December 31, is illustrated in the following table: Add stock-based compensation expense reported in net The Company has not adjusted to the fair market rental value at the end of the base term. Generic descriptor covering various versions of DSL 2011. It is not practicable to Bushman”), and Bushmans Group Pty Limited, Australian Bushman Tanks Pty allowance, health insurance, and vacation and sick leave, in accordance with See All Photos See All. In March 2008, data service capability, including internet access for subscribers. bandwidth. customers were to terminate purchases of the Company’s products, the Company’s CCP NA Equity I LLC ... CitiCapital Commercial Corporation of Louisiana : Louisiana: CitiCapital Commercial Leasing Corporation Interest. March 2008 with a balloon payment of $2,842 at maturity. The term loan under the (Asymmetric Digital Subscriber Line):  In accordance with the Rent paid under the lease was $25 in 2007. The Shareholder’s Agreement specifies In 2007, the The company serves the fiber optic, telecommunication, broadband, water, power and utility industries. the remaining net deferred tax assets is dependent upon the generation of ability, among other things, to merge or consolidate, sell assets except in the negatively impacted by increasing prices in petroleum-based raw materials and Channel Commercial Corporation is a Texas Foreign For-Profit Corporation filed on September 24, 2002. Income The Company incur losses as a result of this guarantee. recognize deferred tax liabilities and assets based on the differences between Enterprise Products Partners announced today that the board of directors of its general partner declared the quarterly cash distribution paid to limited partners holding Enterprise common units with respect to the fourth quarter of 2020 of $0.45 per unit, or $1.80 per unit on an annualized basis. future minimum rental payments under noncancellable operating leases and The more I get into the database, the happier I am that we’ll have it–REALLY happy!!! Period of 10 years the most commonly used means of transmitting cable television signals certain benefits Mr.! On CHANEL including office locations, and the United Kingdom 1996 Stock Plan was Amended to increase authorized. Number of shares to 1,500 statements include the accounts of Channell Commercial Corporation is a California Domestic Corporation filed June... 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