	crs sirrine da to take write off crs sirrine inc said it plans a major restructuring of its balance sheet that will include a write off of between mln and mln dlrs most of which would be intangible goodwill from the company s past acquisitions the company said the remainder of its write off would include a one time expense for future costs related to early retirement programs office consolidations and an increase in the general reserve for adjustments and contingencies bruce wilkinson president of the company said the charges to the company s third quarter ings for the period ending march would significantly impact third quarter results but would not affect the company s cash position we expect to have the biggest operating backlog in the company s history by june the end of our fiscal year wilkinson said we believe the action being proposed will begin to contribute to improved ings in the fourth quarter of our fiscal and throughout fiscal the company which is one of the nation s largest construction firms also said termination of its defined benefit retirement plan would produce a pre tax benefit of about mln dlrs due to overfunding of the plan in its second quarter ended dec crss had net ings of dlrs on revenues of mln dlrs reuter 
