Within this release, the Company has excluded the following items from its non-GAAP performance measures:Fiscal Year (year ended Jan. 28, 2012) - $16.6 million of charges consist of the following items:– $17.2 million of charges, comprising of $6.2 million in cost of goods sold and $11.0 million in selling, general and administrative expenses, related to the strategic business changes previously announced on March 28, 2011.– $0.6 million net recovery of charges, comprising of $0.8 million recovery in cost of goods sold and $0.2 million charge in selling, general and administrative expenses, related to the implementation of the cost reduction plan previously announced on November 16, 2010.
Hot Topic, Inc. Reports 4th Quarter Financial Results
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