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DISPOSAL OF LONG-LIVED ASSETS
3 Months Ended
Jul. 31, 2011
Impairment or Disposal of Tangible Assets Disclosure [Abstract]  
DISPOSAL OF LONG-LIVED ASSETS
DISPOSAL OF LONG-LIVED ASSETS
In the first half of fiscal 2011, we began reducing the hog population on certain of our farms in Missouri in order to comply with an amended consent decree. The amended consent decree allows us to return the farms to full capacity upon the installation of an approved "next generation" technology that would reduce the level of odor produced by the farms. The reduced hog raising capacity at these farms is being replaced with third party contract farmers in Iowa. In the first quarter of fiscal 2011, in connection with the anticipated reduction in finishing capacity, we performed an impairment analysis of these hog farms and determined that the book value of the assets was recoverable and thus, no impairment existed.
Based on the favorable hog raising performance experienced with these third party contract farmers and the amount of capital required to install "next generation" technology at our Missouri farms, we made the decision in the first quarter of fiscal 2012 to permanently idle certain of the assets on these farms. Depreciation estimates have been revised to reflect the shortened useful lives of the assets. As a result, we recognized accelerated depreciation charges of $4.3 million in cost of sales in the first quarter of fiscal 2012. We also expect to recognize accelerated depreciation charges of $3.2 million and $0.7 million in the second and third quarters of fiscal 2012, respectively.