Albertsons 2014 Annual Report Download - page 116

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$16 before tax ($11 after tax, or $0.04 per diluted share), contract breakage and other costs of $6 before tax
($2 after tax, or $0.01 per diluted share) and a legal settlement charge of $5 before tax ($3 after tax, or $0.01
per diluted share) recorded in Selling and administrative expenses, and a multi-employer pension
withdrawal charge of $3 before tax ($2 after tax, or $0.01 per diluted share) recorded in Gross profit, offset
in part by a gain on sale of property of $15 before tax ($10 after tax, or $0.04 per diluted share) recorded in
Selling and administrative expenses.
(3) As a result of the net loss for the first quarter during fiscal 2014 and four quarters of fiscal 2013, all
potentially dilutive shares were antidilutive and therefore excluded from the calculation of Net loss per
share from continuing operations—diluted for these periods.
(4) As a result of the net loss for the second and fourth quarters during fiscal 2013, all potentially dilutive shares
were antidilutive and therefore excluded from the calculation of Net loss per share—diluted for these
periods.
(5) Results from continuing operations for the fiscal year ended February 23, 2013 included net charges and
costs of $303 before tax ($187 after tax, or $0.88 per diluted share), comprised of non-cash asset impairment
and other charges of $227 before tax ($140 after tax, or $0.66 per diluted share) and multi-employer pension
withdrawal liability and severance costs of $36 before tax ($23 after tax, or $0.10 per diluted share)
recorded in Selling and administrative expenses, a non-cash charge for the write-off unamortized financing
costs of $22 before tax ($14 after tax, or $0.07 per diluted share) recorded in Interest expense, net, and store
closure impairment charges of $22 before tax ($13 after tax, or $0.06 per diluted share) and intangible asset
impairment charges of $6 before tax ($3 after tax, or $0.02 per diluted share), offset in part by a cash
settlement received from credit card companies of $10 before tax ($6 after tax or, $0.03 per diluted share)
recorded in Selling and administrative expenses.
114