GameStop 2014 Annual Report Download - page 47

Download and view the complete annual report

Please find page 47 of the 2014 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

@;:$?D&% ?D&7> 1&:%;!;DCA$ /$!"&!:;97$ @!;%E
1'/ ,C^^C6%\) )@JB' FC]BJ@/> <'/ F:]:^J<%8/ <C<J^ ><CF!'C^D/@ @/<:@\ C\ C:@ ;^J>> ?;C]]C\ 2<CF! ,C@ <'/ B/@%CD
FC]]/\F%\) VJ\:J@Y E"M EIGI <'@C:)' VJ\:J@Y 0IM EIG* [<'/ ^J>< <@JD%\) DJ</ C, ,%>FJ^ EIG-N 6%<' <'/ F:]:^J<%8/ <C<J^ @/<:@\ C\
<'/ 2<J\DJ@D _PCC@S>*II 2<CF!W\D/4 [<'/ Q2_P *IION J\D <'/ 9C6VC\/> 3/<J%^/@>M R<'/@ 2B/F%J^<Y W\D:><@Y Z@C:B W\D/4 [<'/
Q9C6 VC\/> 2B/F%J^<Y 3/<J%^/@> W\D/4ON C8/@ <'/ >J]/ B/@%CDL 1C<J^ @/<:@\ 8J^:/> 6/@/ FJ^F:^J</DHJ>/D C\ F:]:^J<%8/ <C<J^ @/<:@\
J>>:]%\) [%N <'/ %\8/><]/\<C,#GII%\C:@ ;^J>> ?;C]]C\ 2<CF!M<'/ 2_P*II J\D<'/ 9C6VC\/> 2B/F%J^<Y 3/<J%^/@> W\D/4 C\
VJ\:J@Y E"M EIGI J\D [%%N @/%\8/><]/\< C, D%8%D/\D>L
1'/ ,C^^C6%\) ><CF! B/@,C@]J\F/ )@JB' J\D @/^J</D%\,C@]J<%C\>'J^^ \C<H/D//]/DQ>C^%F%<%\) ]J</@%J^O C@ Q,%^/DO 6%<' <'/
27;M \C@ >'C:^D >:F' %\,C@]J<%C\ H/ %\FC@BC@J</D HY @/,/@/\F/%\<CJ\Y ,:<:@/ ,%^%\)> :\D/@ <'/ 2/F:@%<%/> ?F< C@ <'/ 74F'J\)/
?F<M /4F/B< <C <'/ /4</\<<'J<6/>B/F%,%FJ^^Y %\FC@BC@J</ %< HY @/,/@/\F/ %\ >:F' ,%^%\)L
ZT7 2_P *II W\D/4
9C6 VC\/> 2B/F%J^<Y 3/<J%^/@> W\D/4
0*I
0II
E*I
EII
G*I
GII
*I
I
9RUU?32
GKE"KEIGI GKE$KEIGGGKE&KEIGE EKGKEIG0 GK0GKEIG- GK0IKG*
P/@%CD 7\D%\)
*,).,)+*+ *,)0,)+***,)2,)+*) ),*,)+*8 *,8*,)+*6 *,8+,*4
ZT7 #GIILII #GI(LGE #GE0LIG #GE"L(I #G$"L$( #G"&L-"
2_P *II W\D/4 GIILII GG$L$* GEEL*$ G-IL"G G((LII G$*L&$
9C6 VC\/> 2B/F%J^<Y 3/<J%^/@> W\D/4 GIILII G0EL$& G-*LEE G*-LE" G"&LG" E-*L*(
?$7B!CDC$F 3BDE&!C'$5 "&! <FFB;97$ B95$! -#BCD( 1&:%$9F;DC&9 /=;9F
5C@ %\,C@]J<%C\ @/)J@D%\) >/F:@%<%/> J:<'C@%X/D ,C@ %>>:J\F/ :\D/@ /A:%<YFC]B/\>J<%C\B^J\>M@/,/@ <C QPJ@< WWW .W</] GEL
2/F:@%<Y R6\/@>'%B C, ;/@<J%\ =/\/,%F%J^ R6\/@> J\D TJ\J)/]/\< J\D 3/^J</D 2<CF!'C^D/@ TJ<</@>LO
E$