American Apparel Inc. Reports First Quarter Financial Results
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Other income for the first quarter 2014 was $2.5 million as compared with other expense of $35.6 million in the first quarter 2013. The $38.1 million change was primarily the result of an unrealized gain for the change in fair value of warrants of $12.7 million incurred in the first quarter 2014 as compared to an unrealized loss of $23.6 million in the first quarter 2013. For further explanation, please see "Explanation of Unrealized Gain (loss) of Change in Fair Value of Warrants."
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- Companies:
- American Apparel
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