GameStop 2008 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2008 GameStop 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 114

  • 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
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

Trademarks
We have a number of trademarks and servicemarks, including “GameStop,” “Game Informer,” “EB Games,
“Electronics Boutique” and “Power to the Players,” which have been registered by us with the United States Patent
and Trademark Office. For many of our trademarks and servicemarks, including Micromania, we also have
registered or have registrations pending with the trademark authorities throughout the world. We maintain a policy
of pursuing registration of our principal marks and opposing any infringement of our marks.
Employees
We have approximately 16,000 full-time salaried and hourly employees and between 25,000 and 40,000 part-
time hourly employees worldwide, depending on the time of year. Fluctuation in the number of part-time hourly
employees is due to the seasonality of our business. We believe that our relationship with our employees is
excellent. None of our U.S. employees is represented by a labor union or is a member of a collective bargaining unit.
Some of our international employees are covered by collective bargaining agreements.
Available Information
We make available on our website (www.gamestop.com), under “Investor Relations — SEC Filings,” free of
charge, our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and
amendments to those reports as soon as reasonably practicable after we electronically file or furnish such material
with the Securities and Exchange Commission (“SEC”). You may read and copy this information or obtain copies of
this information by mail from the Public Reference Room of the SEC, 100 F Street, N.E., Washington, D.C. 20549,
at prescribed rates. Further information on the operation of the SEC’s Public Reference Room in Washington, D.C.
can be obtained by calling the SEC at 1-800-SEC-0330. The SEC also maintains a website that contains reports,
proxy statements and other information about issuers, like GameStop, who file electronically with the SEC. The
address of that site is http://www.sec.gov. In addition to copies of our annual reports on Form 10-K, quarterly
reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports, the Company’s Code of
Standards, Ethics and Conduct is available on our website under “Investor Relations Corporate Governance” and
is available to our stockholders in print, free of charge, upon written request to the Company’s Investor Relations
Department at GameStop Corp., 625 Westport Parkway, Grapevine, Texas 76051.
Item 1A. Risk Factors
An investment in our Company involves a high degree of risk. You should carefully consider the risks below,
together with the other information contained in this report, before you make an investment decision with respect to
our Company. The risks described below are not the only ones facing our Company. Additional risks not presently
known to us, or that we consider immaterial, may also impair our business operations. Any of the following risks
could materially adversely affect our business, operating results or financial condition, and could cause a decline in
the trading price of our common stock and the value of your investment.
Risks Related to Our Business
We depend upon our key personnel and they would be difficult to replace.
Our success depends upon our ability to attract, motivate and retain key management for our stores and skilled
merchandising, marketing and administrative personnel at our headquarters. We depend upon the continued
services of our key executive officers, Daniel A. DeMatteo, our Chief Executive Officer; R. Richard Fontaine, our
Executive Chairman of the Board; J. Paul Raines, our Chief Operating Officer; David W. Carlson, our Executive
Vice President and Chief Financial Officer; and Tony D. Bartel, our Executive Vice President of Merchandising and
Marketing. The loss of services of any of our key personnel could have a negative impact on our business.
We depend upon the timely delivery of products.
We depend on major hardware manufacturers, primarily Sony, Nintendo and Microsoft, to deliver new and
existing video game platforms on a timely basis and in anticipated quantities. In addition, we depend on software
14