Non-GAAP Financial Measures Reconciliations
As required by Securities and Exchange Commission Regulation G, the following tables contain a reconciliation of certain financial measures currently included in Genesco’s investor presentation to the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles.
Reconciliation of Non-GAAP Financial Measure | |||
| The estimated contribution of the fifty-third week of the fiscal year and the fourteenth week of the fiscal quarter (the “final week”) to the sales increase in the fourth quarter and fiscal year ended February 3, 2007, is based upon actual retail sales and an estimated incremental wholesale sales for the final week, as follows: | |||
Journeys Group Underground Station Group Hat World Group Johnston & Murphy Group Licensed Brands | $ 12,275 3,218 5,200 3,265 790 | * * | |
Total | $ 24,748 | * | |
*Reflects estimated incremental wholesale sales for the final week. Wholesale sales are recognized upon shipment. The Company believes that a portion of the shipments that occurred in the final week would have occurred during the quarter even if it had not included the final week. Its estimate of the amount of such sales is excluded from the numbers noted. The Company believes that a comparison of sales from periods of identical length is relevant to investors’ view of the significance of the period-to-period change. | |||
