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GPS » Topics » RECONCILIATION OF FISCAL YEAR 2007 PROJECTED DILUTED EARNINGS PER SHARE ON A GAAP BASIS TO PROJECTED DILUTED EARNINGS PER SHARE EXCLUDING FORTH & TOWNES NET LOSS

This excerpt taken from the GPS 8-K filed Mar 1, 2007.

RECONCILIATION OF FISCAL YEAR 2007 PROJECTED DILUTED EARNINGS PER SHARE ON A GAAP BASIS TO PROJECTED DILUTED EARNINGS PER SHARE EXCLUDING FORTH & TOWNE’S NET LOSS

 

     

Projected

52 Weeks Ending

February 2, 2008

Projected diluted earnings per share on a GAAP basis    $  0.76 to 0.86
Add: Projected net loss per share of Forth & Towne through closure      0.04
      
Projected diluted earnings per share excluding Forth & Towne’s net loss (a)    $ 0.80 to 0.90
      
(a) Projected diluted earnings per share excluding Forth & Towne’s net loss is a non-GAAP financial measure. We believe this is an important metric as it represents our future estimated diluted earnings per share from continuing operations.
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