Hot Topic (HOTT)

NOTE 5. Comprehensive Income

Comprehensive income (loss) for the three months ended May 2, 2009 and May 3, 2008 is as follows (in thousands):

Comprehensive Income

Comprehensive income includes all changes in equity during a period except those that resulted from investments by or distributions to shareholders. Other comprehensive income refers to revenues, expenses, gains and losses that, under generally accepted accounting principles, are included in comprehensive income, but excluded from net income as these amounts are recorded directly as an adjustment to shareholders’ equity. We report comprehensive income in accordance with the provisions of SFAS 130, “Reporting Comprehensive Income.” Components of our comprehensive income include net income (loss) and gains/losses associated with investments available for sale.

Comprehensive income for the years ended January 31, 2009, February 2, 2008, and February 3, 2007 is as follows (in thousands):

F-11

Table of Contents

During fiscal 2008, we recognized a $0.8 million tax benefit for the $2.0 million unrealized loss on auction rate securities. The resulting $1.2 million net loss is recorded in other comprehensive income. Unrealized loss on short-term marketable securities during fiscal 2008 was $127,000 and unrealized gain on short-term marketable securities during fiscal 2006 was $10,000, and the related tax benefit on this activity was not material.

Comprehensive Income

Comprehensive income includes all changes in equity during a period except those that resulted from investments by or distributions to shareholders. Other comprehensive income refers to revenues, expenses, gains and losses that, under generally accepted accounting principles, are included in comprehensive income, but excluded from net income as these amounts are recorded directly as an adjustment to shareholders’ equity. We report comprehensive income in accordance with the provisions of SFAS 130, “Reporting Comprehensive Income.” Components of our comprehensive income include net income (loss) and gains/losses associated with investments available for sale.

Comprehensive income for the years ended January 31, 2009, February 2, 2008, and February 3, 2007 is as follows (in thousands):

F-11

Table of Contents

During fiscal 2008, we recognized a $0.8 million tax benefit for the $2.0 million unrealized loss on auction rate securities. The resulting $1.2 million net loss is recorded in other comprehensive income. Unrealized loss on short-term marketable securities during fiscal 2008 was $127,000 and unrealized gain on short-term marketable securities during fiscal 2006 was $10,000, and the related tax benefit on this activity was not material.

Comprehensive Income

Comprehensive income includes all changes in equity during a period except those that resulted from investments by or distributions to shareholders. Other comprehensive income refers to revenues, expenses, gains and losses that, under generally accepted accounting principles, are included in comprehensive income, but excluded from net income as these amounts are recorded directly as an adjustment to shareholders’ equity. We report comprehensive income in accordance with the provisions of SFAS 130, “Reporting Comprehensive Income.” Components of our comprehensive income include net income (loss) and gains/losses associated with investments available for sale.

Comprehensive income for the years ended January 31, 2009, February 2, 2008, and February 3, 2007 is as follows (in thousands):

F-11

Table of Contents

During fiscal 2008, we recognized a $0.8 million tax benefit for the $2.0 million unrealized loss on auction rate securities. The resulting $1.2 million net loss is recorded in other comprehensive income. Unrealized loss on short-term marketable securities during fiscal 2008 was $127,000 and unrealized gain on short-term marketable securities during fiscal 2006 was $10,000, and the related tax benefit on this activity was not material.

NOTE 5. Comprehensive Income

Comprehensive income for the three months and nine months ended November 1, 2008 and November 3, 2007 is as follows (in thousands):

Comprehensive Income

Comprehensive income includes all changes in equity during a period except those that resulted from investments by or distributions to stockholders. Other comprehensive income refers to revenues, expenses, gains and losses that, under generally accepted accounting principles, are included in comprehensive income, but excluded from net income as these amounts are recorded directly as an adjustment to stockholders’ equity. We report comprehensive income in accordance with the provisions of SFAS 130, “Reporting Comprehensive Income.” Components of comprehensive income include net income (loss), foreign currency translation adjustments and gains/losses associated with investments available for sale.

Comprehensive income for the years ended February 2, 2008, February 3, 2007, and January 28, 2006 is as follows (in thousands):

NOTE 4. Comprehensive Income

Comprehensive income for the three months and nine months ended November 3, 2007 and October 28, 2006 is as follows (in thousands):

Comprehensive Income

Comprehensive income includes all changes in equity during a period except those that resulted from investments by or distributions to stockholders. Other comprehensive income refers to revenues, expenses, gains and losses that, under generally accepted accounting principles, are included in comprehensive income, but excluded from net income as these amounts are recorded directly as an adjustment to stockholders’ equity.

We report comprehensive income in accordance with the provisions of SFAS No. 130, “Reporting Comprehensive Income” (“SFAS 130”). SFAS 130 established standards for the reporting and display of comprehensive income. Components of comprehensive income include net income (loss), foreign currency translation adjustments and gains/losses associated with investments available for sale. Comprehensive income for the years ended February 3, 2007, January 28, 2006, and January 29, 2005 is as follows (in thousands):

F-10

Table of Contents

NOTE 4. Comprehensive Income

Comprehensive income for the three months and nine months ended October 28, 2006 and October 29, 2005 is as follows (in thousands):

Comprehensive Income

We report comprehensive income in accordance with the provisions of SFAS 130, “Reporting Comprehensive Income.” SFAS 130 established standards for the reporting and display of comprehensive income. Components of comprehensive income include net earnings (loss), foreign currency translation adjustments and gains/losses associated with investments available for sale. Comprehensive income for the years ended January 28, 2006, January 29, 2005, and January 31, 2004 is as follows (in thousands):

F-10

Table of Contents

NOTE 4. Comprehensive Income

Comprehensive income for the three months and nine months ended October 29, 2005 and October 30, 2004 is as follows (in thousands):

NOTE 4. Comprehensive Income

Comprehensive income for the three months and six months ended July 30, 2005 and July 31, 2004 is as follows (in thousands):

NOTE 4. Comprehensive Income

Comprehensive income for the three months ended April 30, 2005 is as follows (in thousands):

8

Table of Contents