Citing “significant weaknesses in the company’sinternal controls and procedures,” Mickey Robinson left his post. The companywill restate its earnings from 1997 through June, 2002 by $29-32 million, aftertaxes and minority interests. The restatement, prior to taxes and minorityinterests, will total $48-53 million, of which $46 million relates to accountspayable discrepancies and another $2-7 million in inventory, fixed assets,operating profits and net income or loss. There is also expected to be another$10 million in restated revenues. As many expected, the amount of therestatement is now larger than the $35 million that was originally uncovered inthe athletic division but less than the ... Log in to view full article.