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capability.
The parties stipulated that for the years 1973 through 1983,
Cascade reported gross and taxable income in the following
amounts:
Year Gross Income Taxable Income
1973 $203 ($415)
1974 6,704 254
1975 49,596 10,501
1976 115,296 15,232
1977 248,634 45,917
1978 519,683 42,687
1979 1,033,661 169,723
1980 1,546,781 165,743
1981 2,266,492 286,675
1982 2,791,299 356,902
1983 3,935,215 414,216
The parties stipulated that during the years at issue,
Cascade reported gross and taxable income in the following
amounts:
Year Gross Income Taxable Income
1992 $19,921,985 $2,077,284
1993 22,861,486 3,573,098
1994 26,547,637 3,285,003
1995 28,921,971 3,778,212
1996 31,989,268 5,423,024
Suspension and Reduction of Patent Payments
In 1987, Cascade determined that a competitor was selling a
self-inflating foam-filled mattress that infringed upon its
patents. The competitor's mattress was manufactured in Taiwan.
After the competitor agreed to discontinue importing and selling
the mattress in the United States, the Taiwanese manufacturer
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