Big Lots 2007 Annual Report Download - page 126
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38
Commitments
For a discussion of commitments, refer to note 3, note 5, note 10, and note 11 to the accompanying consolidated
financial statements.
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
We are subject to market risk from exposure to changes in interest rates on investments that we make
from time to time and on borrowings under the Credit Agreement. We had no fixed rate long-term debt at
February 2, 2008. An increase of 1% in our variable interest rate on our outstanding debt would not have a
material effect on our financial condition, results of operations, or liquidity.