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WebThe transaction created a large goodwill account along with accounts for trademarks and other intangible assets. Using prevailing accounting standards (Statement of Financial Accounting Standards No. 142), Talbots determined that the goodwill was not impaired in its Fiscal Year 2007 and it was carried forward at its purchase cost. WebThe Talbots, Inc. Annual Report on Form 10-K for the Fiscal Year Ended January 31, 2004 : Page: PART I Item 1. Business : 2 Item 2. Properties : 12 Item 3. ... He joined Talbots in 1976 as Manager of Accounting, was promoted to Director of Operations in 1978, and served as Vice President, Operations from 1979 to 1989. ... the weather in albany ny now