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In a news release, the Blue Ash-based graphicse and lighting company said it received a NASDAQw StaffDeficiency letter, indicatinbg it is not in compliance with filing requirements under NASDAw rules. The issue stems from LSI’s delayed filing of its Form 10-Q quarterlyh report. Last week, the company announcef it wouldrecalculate non-cash goodwill impairmen t charges it took for its second and thirxd fiscal 2009 quarters and requested a 10-Q filingg extension from the Securities and Exchangee Commission. In its news release, LSI LYTS) said it anticipates “making all necessary filingx to become current in its reportingt obligations as soonas practical.
" The companyy previously said that it appears to have added $400,000 too much in goodwill impairmentt during those quarters. It said it will restore that amountt to itsbalance sheet. LSI said it doesn’ expect any significant changes to itsbalance sheet, liabilities and working capital.
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