Coach 2008 Annual Report Download - page 21

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TABLE OF CONTENTS
Fiscal 2009
Income from Continuing Operations
SG&A Operating Income Interest
Income, Net
Amount Per Diluted Share
As Reported: $ 1,350,697 $ 971,913 $ 5,168 $ 623,369 $ 1.91
Excluding items affecting
comparability
(28,365) 28,365 (2,012) (1,241) 0.00
Adjusted: $ 1,322,332 $ 1,000,278 $ 3,156 $ 622,128 $ 1.91
Fiscal 2008
Income from Continuing Operations
SG&A Operating Income Interest
Income, Net
Amount Per Diluted Share
As Reported: $ 1,259,974 $ 1,147,129 $ 47,820 $ 783,039 $ 2.17
Excluding items affecting
comparability
(32,100) 32,100 (10,650) (41,037) (0.11)
Adjusted: $ 1,227,874 $ 1,179,229 $ 37,170 $ 742,002 $ 2.06
(4) During fiscal 2009, the Company changed its method of accounting for inventories in Japan and retrospectively applied the impact of
this change on previously reported balance sheet amounts for fiscal years 2008, 2007, 2006 and 2005. See Note 3 to the Consolidated
Financial Statements.
(5) During the fourth quarter of fiscal 2009, the Company initiated a cash dividend at an expected annual rate of $0.30 per share. The first
quarterly payment of $0.075 per common share, or approximately $23.8 million was made on June 29, 2009 (the first day of fiscal
2010).
(6) During fiscal 2009, the Company acquired its domestic retail businesses in Hong Kong, Macau and mainland China from its former
distributor, the ImagineX group. Prior to the acquisitions, these locations were operated by the ImagineX group. See Note 4 to the
Consolidated Financial Statements.
17