"Thread count is so last century," said Paul Hooker, the president of the luxury sheet company Sferra.
Mallett said, "We are a clean sheet company with no legacy behind us.
"Nothing has changed in terms of the company's financial philosophy or prudent management of its balance sheet," company spokesman Scott Silvestri told HuffPost in a statement.
Eager to repair tattered balance sheets, companies have been investing from profits rather than borrowing the money from banks.
Mr. Yacktman, whose portfolio finished among the top 4 percent of all large-cap value funds in the third quarter, favors dominant companies with predictable cash flows and strong balance sheets — companies like the News Corporation., PepsiCo, Microsoft and Procter & Gamble, he said.
Quality Dining loaned $38 million (through May 1997)to an off-balance-sheet company owned by Fitzpatrick to finance the buyback of troubled franchise territories.
Lever up your balance sheet; buy companies and new technologies.
"Sbarro is a strong company with an unsustainable balance sheet," the company said in a court filing.
The bankruptcy cleared $83 billion in liabilities from G.M.'s balance sheet, the company said.
