Dillard's 2005 Annual Report Download - page 18

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The items below are included in the Selected Financial Data.
2005
The items below amount to a net $32.0 million pretax charge ($24.7 million after tax gain or $0.30 per
diluted share).
• a $61.7 million pretax charge ($39.6 million after tax or $0.49 per diluted share) for asset impairment
and store closing charges related to certain stores (see Note 14 of the Notes to Consolidated Financial
Statements).
• a $29.7 million pretax gain ($18.9 million after tax or $0.23 per diluted share) related to hurricane
recovery proceeds (see Note 13 of the Notes to Consolidated Financial Statements).
• a $45.4 million tax benefit ($0.56 per diluted share) related to the sale of one of the Company’s
subsidiaries (see Note 14 of the Notes to Consolidated Financial Statements).
2004
The items below amount to a net $64.5 million pretax gain ($42.1 million after tax or $0.50 per diluted
share).
• a pretax gain of $83.9 million ($53.7 million after tax or $0.64 per diluted share) pertaining to the
Company’s sale of it private label credit card business to GE Consumer Finance (see Note 2 of the
Notes to Consolidated Financial Statements).
• a $19.4 million pretax charge ($11.6 million after tax or $0.14 per diluted share) for asset impairment
and store closing charges related to certain stores (see Note 14 of the Notes to Consolidated Financial
Statements).
2003
The items below amount to a net $18.6 million pretax charge ($12.8 million after tax or $0.15 per diluted
share).
• a $43.7 million pretax charge ($28.9 million after tax or $0.34 per diluted share) for asset impairment
and store closing charges related to certain stores (see Note 14 of the Notes to Consolidated Financial
Statements).
• a call premium resulting in additional interest expense of $15.6 million ($10.0 million after tax or $0.12
per diluted share) associated with a $125.9 million call of debt.
• a pretax gain of $15.6 million ($10.0 million after tax or $0.12 per diluted share) pertaining to the
Company’s sale of its interest in Sunrise Mall and its associated center in Brownsville, Texas (see Note
1 of the Notes to Consolidated Financial Statements).
• a pretax gain of $12.3 million ($7.9 million after tax or $0.09 per diluted share) recorded due to the
resolution of certain liabilities originally recorded in conjunction with the purchase of Mercantile Stores
Company, Inc.
• an $8.7 million pretax gain ($5.6 million after tax or $0.07 per diluted share) related to the sale of
certain store properties.
• $4.1 million ($2.6 million after tax or $0.03 per diluted share) received from the Internal Revenue
Service as a result of the Company’s filing of an interest-netting claim related to previously settled tax
years.
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