Big Lots 2010 Annual Report Download - page 50

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(5) For fiscal 2010, the amounts in this column include the following compensation for our named executive
officers, as more fully described in the table included with this footnote:
i. The reimbursement of taxes related to our payment of healthcare costs covered by the Executive Benefit
Plan and long-term disability insurance premiums;
ii. Big Lots matching contributions made pursuant to the Savings Plan and the Supplemental Savings
Plan, both of which are described in the narrative disclosure accompanying the Nonqualified Deferred
Compensation table below;
iii. Big Lots paid healthcare costs covered by the Executive Benefit Plan, which is described in the
“Overview of our Executive Compensation Program – Elements of In-Service Compensation – Personal
Benefits/Perquisites” section of the CD&A;
iv. Big Lots paid premiums for life insurance, which is generally available to all full-time employees;
v. Big Lots paid premiums for long-term disability insurance, which is described in the “Overview of
our Executive Compensation Program – Elements of In-Service Compensation – Personal Benefits/
Perquisites” section of the CD&A;
vi. The cost to Big Lots associated with the use of an automobile or the receipt of a cash allowance in lieu
of an automobile; and
vii. The aggregate incremental cost to Big Lots associated with Mr. Fishman’s non-business use of
corporate aircraft.
The aggregate incremental cost of non-business use of corporate aircraft is calculated based on our direct costs
associated with operating a flight, including expenses for fuel, oil, landing, ground services, on-board catering,
crew hotel and meals, empty return (deadhead) flights and other miscellaneous variable costs. The aggregate
incremental cost also includes per flight hour maintenance costs that were calculated based upon the total
maintenance costs incurred by us during the prior two years and dividing those costs by the number of hours flown
during that same period. Due to the fact that the corporate aircraft are used primarily for business travel, fixed
costs which do not change based on usage, such as pilot salaries, hangar fees, management fees, purchase costs,
depreciation and capitalized improvements to the aircraft, are excluded. We did not reimburse or otherwise “gross-
up” Mr. Fishman for any income tax obligation attributed to his non-business use of corporate aircraft. The benefit
of non-business use of corporate aircraft, which was approved by the Compensation Committee for fiscal 2010 as
part of Mr. Fishman’s overall compensation package, is described in the “Overview of our Executive Compensation
Program – Elements of In-Service Compensation – Personal Benefits/Perquisites” section of the CD&A.
Name
Reimbursement
of Taxes
($)
Big Lots
Contributions
to Defined
Contribution
Plans
($)
Big Lots Paid
Healthcare
Costs under
Executive
Benefit Plan
($)
Big Lots
Paid Life
Insurance
Premiums
($)
Big Lots
Paid
Long-Term
Disability
Insurance
Premiums
($)
Use of
Automobile
or
Automobile
Allowance
($)
Non-Business
Aircraft
Usage
($)
Mr. Fishman 5,454 — 4,558 1,380 2,835 21,138 239,663
Mr. Cooper 3,642 9,800 3,919 1,035 1,019 13,200
Ms. Bachmann 7,184 9,800 8,721 1,035 1,019 13,200
Mr. Martin 7,743 9,800 9,358 1,139 1,139 13,200
Mr. Haubiel 2,272 9,800 2,243 859 837 13,200
(6) We purchase tickets to entertainment and sporting venues for the primary purpose of allowing employees to
use such tickets in furtherance of our business. Because we incur no incremental cost if a named executive
officer uses such tickets for purposes other than our business, such tickets are not included in the amounts
included in this column.