| |
The Company's broker-dealer
subsidiaries are subject to the SEC Uniform Net Capital Rule (Rule
15c3-1 under the Securities Exchange Act of 1934), which requires
the maintenance of minimum net capital, as defined. Net capital and
the related net capital requirement may fluctuate on a daily basis.
The Company's broker-dealer subsidiaries had net capital, in the aggregate,
of $183.2 million and $60.2 million as of September 27, 2002 and September
28, 2001, respectively, which exceeded aggregate minimum net capital
requirements by $150.3 million and $38.8 million, respectively. Subsidiary
net capital in the amount of $32.9 million and $21.4 million as of
September 27, 2002 and September 28, 2001, respectively, was not available
for transfer to the Company . |
|
|
