GameStop 2015 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 2015 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 109

  • 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

5IF JODSFBTFT EFTDSJCFE BCPWF XFSF QBSUJBMMZ PGGTFU CZ UIF GPMMPXJOH
f /FX WJEFP HBNF TPGUXBSF TBMFT EFDSFBTFE  NJMMJPO PS  GPS GJTDBM  BT DPNQBSFE UP GJTDBM  QSJNBSJMZ
EVF UP VOGBWPSBCMF GPSFJHO FYDIBOHF SBUF GMVDUVBUJPOT XIJDI IBE UIF FGGFDU PG EFDSFBTJOH OFU TBMFT CZ  NJMMJPO GPS
UIF DVSSFOU ZFBS QFSJPE BT DPNQBSFE UP UIF QSJPS ZFBS &YDMVEJOH UIF FGGFDUT PG DVSSFODZ OFX WJEFP HBNF TPGUXBSF TBMFT
EFDSFBTFE  NJMMJPO EVF UP GFXFS OFX UJUMFT UIBU XFSF SFMFBTFE JO GJTDBM  BT DPNQBSFE UP GJTDBM  BOE UIF
EFDMJOF JO QSJPS HFOFSBUJPO TPGUXBSF TBMFT 8F FYQFDU UIF EFDMJOF JO QSJPS HFOFSBUJPO TPGUXBSF TBMFT UP DPOUJOVF
f /FX WJEFP HBNF IBSEXBSF TBMFT EFDSFBTFE  NJMMJPO PS  GPS GJTDBM  BT DPNQBSFE UP GJTDBM  QSJNBSJMZ
EVF UP UIF SFEVDUJPO JO QSJDF PO CPUI UIF 14 BOE 9CPY 0OF BT XFMM BT VOGBWPSBCMF GPSFJHO FYDIBOHF SBUF GMVDUVBUJPOT
XIJDI IBE UIF FGGFDU PG EFDSFBTJOH OFU TBMFT CZ  NJMMJPO GPS UIF DVSSFOU ZFBS BT DPNQBSFE UP UIF QSJPS ZFBS
f %JHJUBM TBMFT EFDSFBTFE  NJMMJPO PS  GPS GJTDBM  BT DPNQBSFE UP GJTDBM  QSJNBSJMZ EVF UP VOGBWPSBCMF
GPSFJHO FYDIBOHF SBUF GMVDUVBUJPOT XIJDI IBE UIF FGGFDU PG EFDSFBTJOH OFU TBMFT CZ  NJMMJPO GPS UIF DVSSFOU ZFBS
QFSJPE BT DPNQBSFE UP UIF QSJPS ZFBS BOE B MBSHFS QPSUJPO PG TBMFT SFDPHOJ[FE PO B OFU CBTJT DPNQBSFE UP UIF QSJPS ZFBS
QFSJPE
f 1SFPXOFE BOE WBMVF WJEFP HBNF QSPEVDU TBMFT EFDSFBTFE  NJMMJPO PS  GPS GJTDBM  BT DPNQBSFE UP GJTDBM
 QSJNBSJMZ EVF UP VOGBWPSBCMF GPSFJHO FYDIBOHF SBUF GMVDUVBUJPOT XIJDI IBE UIF FGGFDU PG EFDSFBTJOH OFU TBMFT CZ
 NJMMJPO GPS UIF DVSSFOU ZFBS BT DPNQBSFE UP UIF QSJPS ZFBS &YDMVEJOH UIF FGGFDUT PG DVSSFODZ TBMFT JODSFBTFE 
NJMMJPO EVF UP TUSPOHFS TFMMUISPVHI PG UIF OFYU HFOFSBUJPO WJEFP HBNF QSPEVDUT SFMBUFE UP UIF OFX DPOTPMF DZDMF
$PTU PG 4BMFT
$PTU PG TBMFT EFDSFBTFE  NJMMJPO PS  JO GJTDBM  DPNQBSFE UP GJTDBM  QSJNBSJMZ BT B SFTVMU PG UIF DIBOHFT JO
HSPTT QSPGJU EJTDVTTFE CFMPX
(SPTT 1SPGJU
(SPTT QSPGJU JODSFBTFE  NJMMJPO PS  JO GJTDBM  DPNQBSFE UP GJTDBM  BOE HSPTT QSPGJU BT B QFSDFOUBHF PG OFU
TBMFT XBT  JO GJTDBM  DPNQBSFE UP  JO GJTDBM  5IF HSPTT QSPGJU JODSFBTF XBT QSJNBSJMZ ESJWFO CZ UIF HSPXUI
JO UIF NPCJMF BOE DPOTVNFS FMFDUSPOJDT DBUFHPSZ SFMBUFE UP PVS 5FDIOPMPHZ #SBOET TFHNFOU XIJDI DBSSJFT B IJHIFS NBSHJO
QFSDFOUBHF UIBO PVS PUIFS TFHNFOUT BOE JODSFBTFE HSPTT QSPGJU CZ  NJMMJPO ZFBSPWFSZFBS
5IF OFU JODSFBTF JO HSPTT QSPGJU BT B QFSDFOUBHF PG OFU TBMFT XBT EVF UP UIF GPMMPXJOH
f (SPTT QSPGJU BT B QFSDFOUBHF PG TBMFT PO NPCJMF BOE DPOTVNFS FMFDUSPOJDT TBMFT JODSFBTFE UP  JO GJTDBM  GSPN
 JO GJTDBM  EVF UP BO JODSFBTF JO UIF NJY PG 5FDIOPMPHZ #SBOE TFHNFOU TBMFT SFMBUFE UP UIF BDRVJTJUJPO BOE
PQFOJOH PG OFX TUPSFT EVSJOH UIF ZFBS 4BMFT JO UIF 5FDIOPMPHZ #SBOET TFHNFOU IBWF IJHIFS NBSHJO UIBO PUIFS NPCJMF
BOE DPOTVNFS FMFDUSPOJD TBMFT JO UIF DBUFHPSZ
f (SPTT QSPGJU BT B QFSDFOUBHF PG TBMFT PO PUIFS QSPEVDU DBUFHPSJFT JODSFBTFE UP  JO GJTDBM  GSPN  JO GJTDBM
 EVF UP BO JODSFBTF JO DPMMFDUJCMFT TBMFT JODMVEJOH PVS SFDFOUMZ BDRVJSFE 5IJOL(FFL CVTJOFTT $PMMFDUJCMFT TBMFT DBSSZ
B IJHIFS HSPTT NBSHJO QFSDFOUBHF UIBO UIF PUIFS JUFNT JO UIJT DBUFHPSZ
f (SPTT QSPGJU BT B QFSDFOUBHF PG TBMFT PO EJHJUBM TBMFT JODSFBTFE UP  JO GJTDBM  GSPN  JO GJTDBM  QSJNBSJMZ
EVF UP B MBSHFS QPSUJPO PG TBMFT SFDPHOJ[FE PO B OFU CBTJT JO GJTDBM  DPNQBSFE UP UIF QSJPS ZFBS
5IF JODSFBTFT EFTDSJCFE BCPWF XFSF QBSUJBMMZ PGGTFU CZ UIF GPMMPXJOH
f (SPTT QSPGJU BT B QFSDFOUBHF PG TBMFT PO QSFPXOFE BOE WBMVF WJEFP HBNF QSPEVDUT EFDSFBTFE UP  JO GJTDBM 
GSPN  JO GJTDBM  5IF HSPTT QSPGJU QFSDFOUBHF EFDSFBTF XBT ESJWFO CZ B HSFBUFS NJY PG TBMFT PG OFYU HFOFSBUJPO
WJEFP HBNF QSPEVDUT XIJDI DBSSZ MPXFS NBSHJOT FBSMZ JO UIF DPOTPMF DZDMF DPNQBSFE UP UIF QSJPS HFOFSBUJPO QSPEVDUT
"T UIF DPOTPMF DZDMF NBUVSFT XF HFOFSBMMZ FYQFDU HSPTT NBSHJO PO UIF TBMFT PG QSFPXOFE OFYU HFOFSBUJPO WJEFP HBNF
QSPEVDUT UP JODSFBTF
f (SPTT QSPGJU BT B QFSDFOUBHF PG TBMFT PO WJEFP HBNF BDDFTTPSJFT EFDSFBTFE UP  JO GJTDBM  GSPN  JO GJTDBM
 EVF UP UIF JODSFBTFE NJY PG DPOUSPMMFST TBMFT XIJDI DBSSZ MPXFS HSPTT NBSHJOT SFMBUJWF UP UIF UPUBM WJEFP HBNF
BDDFTTPSJFT DBUFHPSZ
4FMMJOH (FOFSBM BOE "ENJOJTUSBUJWF &YQFOTFT
4FMMJOH HFOFSBM BOE BENJOJTUSBUJWF FYQFOTFT JODSFBTFE  NJMMJPO PS  JO GJTDBM  DPNQBSFE UP GJTDBM  5IF
JODSFBTF XBT QSJNBSJMZ EVF UP UIF HSPXUI PG UIF 5FDIOPMPHZ #SBOET TFHNFOU XIJDI DBSSJFT IJHIFS TFMMJOH HFOFSBM BOE BENJOJTUSBUJWF
FYQFOTFT BT B QFSDFOUBHF PG TBMFT UIBO UIF PUIFS TFHNFOUT 5FDIOPMPHZ #SBOET DPOUSJCVUFE  NJMMJPO UP UIF JODSFBTF GPS GJTDBM
 DPNQBSFE UP GJTDBM  "EEJUJPOBMMZ 6OJUFE 4UBUFT 7JEFP (BNF #SBOET TFMMJOH HFOFSBM BOE BENJOJTUSBUJWF FYQFOTFT
JODSFBTFE  NJMMJPO JO UIF DVSSFOU ZFBS DPNQBSFE UP UIF QSJPS ZFBS ESJWFO NBJOMZ CZ DPTUT SFMBUFE UP UIF BDRVJTJUJPO PG5IJOL(FFL
