Big Lots 2009 Annual Report Download - page 91

B-10
Participants to which the performance objectives apply. Performance objectives will be established in writing no
later than 90 days after the beginning of the applicable Performance Period (but in no event after 25 percent of the
Performance Period has elapsed).
10.3 Performance Goals. Performance criteria imposed on Performance-Based Awards will be derived using the
accounting principles generally accepted in the United States of America and will be reported or appear in the
Company’s filings with the Securities Exchange Commission (including, but not limited to, Forms 8-K, 10-Q and
10-K) or the Company’s annual report to shareholders and will be derived from one or more (or any combination of
one or more) of the following:
(1) Earnings per common share from continuing operations; or
(2) Earnings per common share from income; or
(3) Operating profit (loss) or Operating income (loss) (as the case may be); or
(4) Income (Loss) from continuing operations before unusual or infrequent items; or
(5) Income (Loss) from continuing operations; or
(6) Income (Loss) from continuing operations before income taxes; or
(7) Income (Loss) from continuing operations before extraordinary item and/or cumulative effect of a change
in accounting principle (as the case may be); or
(8) Income (Loss) before extraordinary item and/or cumulative effect of a change in accounting principle (as
the case may be); or
(9) Net income (loss); or
(10) Income (Loss) before other comprehensive income (loss); or
(11) Comprehensive income (loss); or
(12) Income (Loss) before interest and income taxes (sometimes referred to as “EBIT”); or
(13) Income (Loss) before interest, income taxes, depreciation and amortization (sometimes referred to as
“EBITDA”); or
(14) Any other objective and specific income (loss) category or non-GAAP financial measure that appears
as a line item in the Company’s 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 any of items (3) through (14) on a basic earnings per
share basis, as basic earnings per share is defined in the Financial Accounting Standards Board (“FASB”)
Accounting Standards Codification (“ASC”) 260, Earnings Per Share (formerly 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 any of items (3) through (14) on a diluted earnings per
share basis, as diluted earnings per share is defined in ASC 260, Earnings Per Share (formerly the 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