Capital investment
Fixed asset purchases.
Capital investment per common share
Capital investment divided by the weighted average number of common shares outstanding during the year.
Cash flows from operating activities per common share
Cash flows from operating activities divided by the weighted average number of common shares outstanding during the year.
Cash flows from operating activities to net debt
Cash flows from operating activities divided by net debt.
Control label
A brand and associated trademark that is owned by the Company for use in connection with its own products and services.
Conversion
A store that changes from one Company banner to another Company banner.
Corporate stores sales per average square foot
Sales by corporate stores divided by the average corporate stores’ square footage at year end.
Diluted net (loss) earnings per common share
Net (loss) earnings available to common shareholders divided by the weighted average number of common shares outstanding during the period minus the dilutive impact of outstanding stock option grants at period end.
Dividend rate per common share at year end
Dividend per common share declared in the fourth quarter multiplied by four.
Free cash flow
Cash flows from operating activities less fixed asset purchases and dividends (see Non-GAAP Financial Measures – 51 KB PDF).
Gross margin
Sales less cost of sales and inventory shrinkage divided by sales.