Staples 2013 Annual Report Download - page 44

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35
The charts below illustrate Mr. Sargent’s actual compensation position relative to median pay levels for CEOs across our
peer group.
Performance Goals
We set our goals for our incentive programs within the first 90 days of the fiscal year. Target performance goals are
generally based on our fiscal year operating plan and outlook for the upcoming year. For example, in March 2013, in connection
with our 2012 fourth quarter and year-end earnings press release, we issued guidance for 2013 that we expected EPS in the
range of $1.30 to $1.35 and that we expected sales to increase in the low single digits over 2012 sales on a 52 week basis of
$23.9 billion. Our 2013 goals for these performance metrics, which would have resulted in 100% payout if achieved, were
$1.298 per share and $23.8 billion, respectively.