Albertsons 2014 Annual Report Download - page 31

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(4) Working capital of continuing operations is calculated using the first-in, first-out method (“FIFO”), after adding back the last-
in, first-out method (“LIFO”) reserve. The LIFO reserve for each year is as follows: $202 for fiscal 2014, $211 for fiscal 2013,
$207 for fiscal 2012, $185 for fiscal 2011 and $181 for fiscal 2010. Current assets of discontinued operations at the end of
each fiscal year were as follows: $0 for fiscal 2014, $1,494 for fiscal 2013, $1,616 for fiscal 2012, $1,739 for fiscal 2011 and
$2,007 for fiscal 2010. Current liabilities of discontinued operations at the end of each fiscal year were as follows: $0 for fiscal
2014, $2,701 for fiscal 2013, $1,606 for fiscal 2012, $1,651 for fiscal 2011 and $1,821 for fiscal 2010.
(5) Total assets of continuing operations is calculated as Total assets of the Company excluding Current assets of
discontinued operations and Long-term assets of discontinued operations.
(6) Weighted average shares outstanding—diluted, as presented here, represents the diluted weighted average shares
outstanding utilized in the computation of Net earnings (loss) from continuing operations per share—diluted.
(7) Capital expenditures include cash payments for purchases of property, plant and equipment and non-cash capital lease
additions.
(8) Adjusted EBITDA is a non-GAAP financial measure that the Company provides as a supplement to our results of
operations and related analysis, and should not be considered superior to, a substitute for or an alternative to any
financial measure of performance prepared and presented in accordance with GAAP. Refer to the “Non-GAAP Financial
Measures” section of Part II, Item 7 of this Annual Report on Form 10-K for a reconciliation to the applicable GAAP
(defined below) financial measure and additional information regarding the Company’s use of non-GAAP financial
measures.
Historical data is not necessarily indicative of the Company’s future results of operations or financial condition. See
discussion of “Risk Factors” in Part I, Item 1A of this Annual Report on Form 10-K.
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