Dick's Sporting Goods 2006 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2006 Dick's Sporting Goods annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 70

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70

Adjusted Net Income and Adjusted Earnings Per Share Reconciliation
Proforma1
Fiscal 2005 Fiscal 2004 Fiscal 2004
Amounts Per Share Amounts Per Share Amounts Per Share
(In thousands, except per share data)
Reported net income (GAAP) $ 72,980 $ 1.35 $ 68,905 $ 1.30 $ 68,905 $ 1.30
Add: Merger integration and
store closing costs, after tax 22,674 0.42 12,202 0.23 12,202 0.23
Less: Gain on sale of investment, after tax (1,106)(0.02) (6,589)(0.12) (6,589)(0.12)
Less: Galyan’s net loss ––––(12,453)(0.24)
Adjusted net income and
earnings per share $ 94,548 $ 1.75 $ 74,518 $ 1.41 $ 62,065 $ 1.17
Adjusted net income % increase
over adjusted prior year 52%
1Proforma includes the operations of Galyan’s as if it had been acquired at the beginning of the period.
63