Big Lots 2007 Annual Report Download - page 83

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- 11 -
- 11 -
As amended and restated effective May 29, 2008.
(14)Any other objective and specific income (loss) category or non-GAAP financial measure that appears as a
line item in the Company’s periodic filings with the Securities and Exchange Commission or the annual report
to shareholders; or
(15)Either of items (1) or (2) on a basic basis and anyAny of items (3) through (14) on a weighted average
common shares outstandingbasic earnings per share basis, as basic earnings per share is defined in the Financial
Accounting Standards Board (“FASB”) Statement of Financial Accounting Standards (“SFAS”) No. 128
including authoritative interpretations or amendments thereof which may be issued from time to time as long as
such interpretations or amendments are utilized on the consolidated statements of operations or statement of
operations, as applicable, or in the notes to the consolidated financial statements; or
(16)Either of items (1) or (2) on a diluted basis and anyAny of items (13) through (14) on a diluted earnings
per share basis, as diluted earnings per share is defined in the Financial Accounting Standards Board (“FASB”)
Statement of Financial Accounting Standards (“SFAS”)FASB SFAS No. 128 including authoritative
interpretations or amendments thereof which may be issued from time to time as long as such interpretations or
amendments are utilized on the consolidated statements of operations or statement of operations, as applicable,
or in the notes to the consolidated financial statements; or
(17)Common stock price; or
(18)Total shareholder return expressed on a dollar or percentage basis as is customarily disclosed in the proxy
statement accompanying the notice of annual meetings of shareholders; or
(19)Percentage increase in comparable store sales; or
(20)Gross profit (loss) or gross margin (loss) (as the case may be); or
(21)Economic value added; or
(22)Any of items (1) through (21) with respect to any subsidiary, Affiliate, business unit, business group,
business venture or legal entity, including any combination thereof, or controlled directly or indirectly by the
Company whether or not such information is included in the Company’s annual report to shareholders, proxy
statement or notice of annual meeting of shareholders; or
(23)Any of items (1) through (21) above may be determined before or after a minority interest’s share as
designated by the Committee; or
(24)Any of items (1) through (21) above with respect to the period of service to which the performance goal
relates whether or not such information is included in the Company’s periodic filings, annual report to
shareholders, proxy statement or notice of annual meetings of shareholders; or
(25)Total shareholder return ranking position meaning the relative placement of the Company’s total
shareholder return [(as determined in (18) above)] compared to those publicly held companies in the
Company’s peer group as established by the Committee prior to the beginning of a vesting period or such later
date as permitted under the Code. The peer group shall be comprised of not less than eight and not more than
sixteen companies, including the Company.
(26)With respect to items (1), (2), (15) and (16) above, other terminology may be used for “income (loss) per
common share” (such as each such performance criteria (including, but not limited to, “Basic EPS,” “earnings
income (loss) per common share,” “diluted EPS,” or “earnings per common share-assuming dilution”) as
contemplated by SFAS No. 128, as amended, revised or superseded;
The Committee, in its sole discretion, in setting the performance goals in the time prescribed in Section 10.2, may
provide for the making of equitable adjustments (including the income tax effects attributable thereto), singularly or
in combination, to the goals/targets in recognition of unusual or non-recurring events or transactions for the
following qualifying objective itemsthe following categories (or any particular item(s) within the following
categories or portion(s) thereof):
(27)Asset impairments as described in SFAS No. 144, as amended, revised or superseded; or
(28)Costs associated with exit or disposal activities as described by SFAS No. 146, as amended, revised or
superseded; or