GameStop 2015 Annual Report Download - page 97

Download and view the complete annual report

Please find page 97 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

%JGGFSFODFT CFUXFFO GJOBODJBM BDDPVOUJOH QSJODJQMFT BOE UBY MBXT DBVTF EJGGFSFODFT CFUXFFO UIF CBTFT PG DFSUBJO BTTFUT BOE
MJBCJMJUJFT GPS GJOBODJBM SFQPSUJOH QVSQPTFT BOE UBY QVSQPTFT 5IF UBY FGGFDUT PG UIFTF EJGGFSFODFT UP UIF FYUFOU UIFZ BSF UFNQPSBSZ
BSF SFDPSEFE BT EFGFSSFE UBY BTTFUT BOE MJBCJMJUJFT BOE DPOTJTUFE PG UIF GPMMPXJOH DPNQPOFOUT JO NJMMJPOT
+BOVBSZ   +BOVBSZ  
%FGFSSFE UBY BTTFU
*OWFOUPSZ   
%FGFSSFE SFOUT  
4UPDLCBTFE DPNQFOTBUJPO  
/FU PQFSBUJOH MPTTFT  
$VTUPNFS MJBCJMJUJFT  
'JYFE BTTFUT gg
'PSFJHO UBY DSFEJU DBSSZPWFS  
0UIFS  
5PUBM EFGFSSFE UBY BTTFUT  
7BMVBUJPO BMMPXBODF  
5PUBM EFGFSSFE UBY BTTFUT OFU  
%FGFSSFE UBY MJBCJMJUJFT
'JYFE BTTFUT  
(PPEXJMM  
1SFQBJE FYQFOTFT  
*OUBOHJCMF BTTFUT  
0UIFS  
5PUBM EFGFSSFE UBY MJBCJMJUJFT  
/FU   
5IF BCPWF BNPVOUT BSF SFGMFDUFE JO UIF DPOTPMJEBUFE GJOBODJBM TUBUFNFOUT BT
%FGFSSFE JODPNF UBYFT  DVSSFOU g 
%FGFSSFE JODPNF UBYFT  OPODVSSFOU  
%FGFSSFE JODPNF UBYFT  
%VSJOH /PWFNCFS  UIF '"4# JTTVFE "46  XIJDI TJNQMJGJFT UIF QSFTFOUBUJPO PG EFGFSSFE JODPNF UBYFT "46
 SFRVJSFT UIBU EFGFSSFE UBY BTTFUT BOE MJBCJMJUJFT CF DMBTTJGJFE BT MPOHUFSN PO UIF CBMBODF TIFFU 5IF $PNQBOZ FMFDUFE UP
FBSMZ BEPQU "46  FGGFDUJWF +BOVBSZ   PO B QSPTQFDUJWF CBTJT "T SFGMFDUFE JO UIF UBCMF BCPWF UIF BEPQUJPO PG "46
 SFTVMUFE JO B SFDMBTTJGJDBUJPO PG UIF $PNQBOZaT OFU DVSSFOU EFGFSSFE UBY BTTFU UP UIF OFU MPOHUFSN EFGFSSFE UBY BTTFU PO
UIF $PNQBOZaT DPOTPMJEBUFE CBMBODF TIFFU BT PG +BOVBSZ   #BMBODFT BT PG +BOVBSZ   IBWF OPU CFFO SFDBTU
8F GJMF JODPNF UBY SFUVSOT JO UIF 64 GFEFSBM KVSJTEJDUJPO BOE WBSJPVT TUBUFT BOE GPSFJHO KVSJTEJDUJPOT 5IF *OUFSOBM 3FWFOVF
4FSWJDF b*34c JT DVSSFOUMZ FYBNJOJOH PVS 64 JODPNF UBY SFUVSOT GPS UIF GJTDBM ZFBST  UISPVHI  8F EP OPU BOUJDJQBUF
BOZ BEKVTUNFOUT UIBU XPVME SFTVMU JO B NBUFSJBM JNQBDU PO PVS DPOTPMJEBUFE GJOBODJBM TUBUFNFOUT BT B SFTVMU PG UIFTF BVEJUT 8F BSF
OP MPOHFS TVCKFDU UP 64 GFEFSBM JODPNF UBY FYBNJOBUJPO GPS ZFBST CFGPSF BOE JODMVEJOH UIF GJTDBM ZFBS FOEFE +BOVBSZ  
8JUI SFTQFDU UP TUBUF BOE MPDBM KVSJTEJDUJPOT BOE DPVOUSJFT PVUTJEF PG UIF 6OJUFE 4UBUFT XF BOE PVS TVCTJEJBSJFT BSF UZQJDBMMZ
TVCKFDU UP FYBNJOBUJPO GPS UISFF UP TJY ZFBST BGUFS UIF JODPNF UBY SFUVSOT IBWF CFFO GJMFE "MUIPVHI UIF PVUDPNF PG UBY BVEJUT JT
BMXBZT VODFSUBJO XF CFMJFWF UIBU BEFRVBUF BNPVOUT PG UBY JOUFSFTU BOE QFOBMUJFT IBWF CFFO QSPWJEFE GPS JO UIF BDDPNQBOZJOH
DPOTPMJEBUFE GJOBODJBM TUBUFNFOUT GPS BOZ BEKVTUNFOUT UIBU NJHIU CF JODVSSFE EVF UP TUBUF MPDBM PS GPSFJHO BVEJUT
$FSUBJO PG PVS 'SFODI TVCTJEJBSJFT IBWF CFFO VOEFS BVEJU CZ UIF 'SFODI 5BY "ENJOJTUSBUJPO '5" GPS GJTDBM ZFBST 
UISPVHI  8F SFDFJWFE B UBY SFBTTFTTNFOU OPUJDF PO %FDFNCFS   QVSTVBOU UP XIJDI UIF '5" BTTFSUFE UIBU UIF 'SFODI
TVCTJEJBSJFT XFSF JOFMJHJCMF UP DMBJN DFSUBJO UBY EFEVDUJPOT GSPN /PWFNCFS   UISPVHI +BOVBSZ   SFTVMUJOH JO B
QPUFOUJBM BEEJUJPOBM UBY DIBSHF PG BQQSPYJNBUFMZ h NJMMJPO 8F NBZ SFDFJWF BEEJUJPOBM UBY SFBTTFTTNFOUT JO NBUFSJBM BNPVOUT
GPS TVCTFRVFOU GJTDBM ZFBST JODMVEJOH UIPTF ZFBST DVSSFOUMZ VOEFS BVEJU 8F GJMFE B SFTQPOTF UP UIF SFBTTFTTNFOU OPUJDF PO 'FCSVBSZ
  BOE XF JOUFOE UP WJHPSPVTMZ DPOUFTU UIF SFBTTFTTNFOU UISPVHI BENJOJTUSBUJWF QSPDFEVSFT *G XF BSF VOBCMF UP SFTPMWF
UIJT NBUUFS UISPVHI BENJOJTUSBUJWF SFNFEJFT BU UIF '5" XF QMBO UP QVSTVF KVEJDJBM SFNFEJFT 8F CFMJFWF PVS UBY QPTJUJPOT XJMM CF
TVTUBJOFE BOE IBWF OPU UBLFO B SFTFSWF GPS BOZ QPUFOUJBM BEKVTUNFOU CBTFE PO UIF SFBTTFTTNFOU *G XF XFSF OPU UP QSFWBJM UIFO UIF
BEKVTUNFOU UP PVS JODPNF UBY QSPWJTJPO DPVME CF NBUFSJBM
(".&4501 $031
/05&4 50 $0/40-*%"5&% '*/"/$*"- 45"5&.&/54
'