GPS » Topics » Classification of Expenses

These excerpts taken from the GPS 10-K filed Mar 27, 2009.

Classification of Expenses

Cost of goods sold and occupancy expenses include:

 

 

the cost of merchandise;

 

 

inventory shortage and valuation adjustments;

 

 

freight charges;

 

 

costs associated with our sourcing operations, including payroll and related benefits;

 

 

production costs;

 

 

insurance costs related to merchandise; and

 

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rent, occupancy, depreciation, amortization, common area maintenance, real estate taxes, and utilities related to our store operations, distribution centers, and certain corporate functions.

Operating expenses include:

 

 

payroll and related benefits (for our store operations, field management, distribution centers, and corporate functions);

 

 

advertising;

 

 

general and administrative expenses;

 

 

costs to design and develop our products;

 

 

merchandise handling and receiving in distribution centers and stores;

 

 

distribution center general and administrative expenses;

 

 

rent, occupancy, depreciation, and amortization for corporate facilities; and

 

 

other expense (income).

The classification of the expenses noted above varies across the retail industry.

Classification of
Expenses

Cost of goods sold and occupancy expenses include:

 






 

the cost of merchandise;

 






 

inventory shortage and valuation adjustments;

 






 

freight charges;

 






 

costs associated with our sourcing operations, including payroll and related benefits;

STYLE="font-size:9px;margin-top:0px;margin-bottom:0px"> 






 

production costs;

 






 

insurance costs related to merchandise; and

 


43







Table of Contents


 






 

rent, occupancy, depreciation, amortization, common area maintenance, real estate taxes, and utilities related to our store operations, distribution centers, and certain
corporate functions.

Operating expenses include:

 






 

payroll and related benefits (for our store operations, field management, distribution centers, and corporate functions);

STYLE="font-size:9px;margin-top:0px;margin-bottom:0px"> 






 

advertising;

 






 

general and administrative expenses;

 






 

costs to design and develop our products;

 






 

merchandise handling and receiving in distribution centers and stores;

 






 

distribution center general and administrative expenses;

 






 

rent, occupancy, depreciation, and amortization for corporate facilities; and

STYLE="font-size:9px;margin-top:0px;margin-bottom:0px"> 






 

other expense (income).

The classification of the expenses noted above
varies across the retail industry.

These excerpts taken from the GPS 10-K filed Mar 28, 2008.

Classification of Expenses

Cost of goods sold and occupancy expenses include:

 

 

the cost of merchandise;

 

 

inventory shortage and valuation adjustments;

 

 

freight charges;

 

 

costs associated with our sourcing operations, including payroll and related benefits;

 

 

production costs;

 

 

insurance costs related to merchandise; and

 

 

occupancy, rent, common area maintenance, real estate taxes, utilities, and depreciation for our stores and distribution centers.

Operating expenses include:

 

 

payroll and related benefits (for our store operations, field management, distribution centers, and corporate functions);

 

 

advertising;

 

 

general and administrative expenses;

 

 

costs to design and develop our products;

 

 

merchandise handling and receiving in distribution centers and stores;

 

 

distribution center general and administrative expenses;

 

 

rent, occupancy, and depreciation for headquarter facilities; and

 

 

other expense (income).

The classification of the expenses noted above varies across the retail industry.

Classification of Expenses

STYLE="margin-top:6px;margin-bottom:0px">Cost of goods sold and occupancy expenses include:

 






 

the cost of merchandise;

 






 

inventory shortage and valuation adjustments;

 






 

freight charges;

 






 

costs associated with our sourcing operations, including payroll and related benefits;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 






 

production costs;

 






 

insurance costs related to merchandise; and

 






 

occupancy, rent, common area maintenance, real estate taxes, utilities, and depreciation for our stores and distribution centers.

STYLE="margin-top:12px;margin-bottom:0px">Operating expenses include:

 






 

payroll and related benefits (for our store operations, field management, distribution centers, and corporate functions);

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 






 

advertising;

 






 

general and administrative expenses;

 






 

costs to design and develop our products;

 






 

merchandise handling and receiving in distribution centers and stores;

 






 

distribution center general and administrative expenses;

 






 

rent, occupancy, and depreciation for headquarter facilities; and

 






 

other expense (income).

The classification of the expenses noted above
varies across the retail industry.

"Classification of Expenses" elsewhere:

BANK JOS A CLOTHIERS INC (JOSB)
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