Big Lots 2009 Annual Report Download - page 121

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February 2009 under our $500.0 million unsecured credit facility entered into in October 2004 (“2004 Credit
Agreement”). As of January 30, 2010, we had no borrowings under the $500.0 million unsecured credit facility
entered into in April 2009 (“2009 Credit Agreement”), which replaced the 2004 Credit Agreement. We expect
that borrowings will vary throughout 2010 depending on various factors, including our seasonal need to
acquire merchandise inventory prior to peak selling seasons, the timing and amount of sales to our customers
and the potential impact of shares repurchased under our authorized share repurchase program. For additional
information on our current share repurchase program, the 2009 Credit Agreement, and a discussion of our
sources and uses of funds, see Item 5, Market for Registrant’s Common Equity, Related stockholder Matters and
Issuer Purchases of Equity Securities, and the Capital Resources and Liquidity section under Item 7, MD&A, in
this Form 10-K.
Available Information
We make available, free of charge, through the “Investor Relations” section of our website (www.biglots.com)
under the “SEC Filings” caption, our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current
Reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934, as amended (“Exchange Act”), as soon as reasonably practicable after we file
such material with, or furnish it to, the Securities and Exchange Commission (“SEC”).
In this Form 10-K, we incorporate by reference certain information from parts of our Proxy Statement for our
2010 Annual Meeting of Shareholders (“2010 Proxy Statement”).
In the “Investor Relations” section of our website (www.biglots.com) under the “Corporate Governance”
and “SEC Filings” captions, the following information relating to our corporate governance may be found:
Corporate Governance Guidelines; charters of our Board of Directors’ Audit, Compensation, Nominating/
Corporate Governance, and Strategic Planning Committees; Code of Business Conduct and Ethics; Code of
Ethics for Financial Professionals; Chief Executive Officer and Chief Financial Officer certifications related
to our SEC filings; the means by which shareholders may communicate with our Board of Directors; and
transactions in our securities by our directors and executive officers. The Code of Business Conduct and
Ethics applies to all of our associates, including our directors and our principal executive officer, principal
financial officer, and principal accounting officer. The Code of Ethics for Financial Professionals applies to our
Chief Executive Officer and all other Senior Financial Officers (as that term is defined therein) and contains
provisions specifically applicable to the individuals serving in those positions. We intend to post amendments to
and waivers from, if any, our Code of Business Conduct and Ethics (to the extent applicable to our directors and
executive officers) and our Code of Ethics for Financial Professionals in the “Investor Relations” section of our
website (www.biglots.com) under the “Corporate Governance” caption. We will provide any of the foregoing
information without charge upon written request to our Corporate Secretary. The contents of our websites are
not part of this report.
ITEM 1A. RISK FACTORS
The statements in this section describe the major risks to our business and should be considered carefully. In addition,
these statements constitute cautionary statements under the Private Securities Litigation Reform Act of 1995.
Our disclosure and analysis in this Form 10-K and in our 2009 Annual Report to Shareholders contain some
forward-looking statements that set forth anticipated results based on management’s plans and assumptions.
From time to time, we also provide forward-looking statements in other materials we release to the public as
well as oral forward-looking statements. Such statements give our current expectations or forecasts of future
events; they do not relate strictly to historical or current facts. We have tried, wherever possible, to identify such
statements by using words such as “anticipate,” “estimate,” “expect,” “objective,” “goal,” “project,” “intend,”
“plan,” “believe,” “will,” “should,” “may,” “target,” “forecast,” “guidance,” “outlook,” and similar expressions
in connection with any discussion of future operating or financial performance. In particular, forward-
looking statements include statements relating to future actions, future performance, or results of current
and anticipated products, sales efforts, expenses, interest rates, the outcome of contingencies, such as legal
proceedings, and financial results.