Wilsons The Leather Experts Inc - Current report filing (8-K)
04 Mars 2008 - 10:24PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
March 4, 2008
Wilsons The Leather Experts Inc.
(Exact name of registrant as specified in its charter)
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Minnesota
(State or other jurisdiction
of incorporation)
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000-21543
(Commission File Number)
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41-1839933
(IRS Employer
Identification No.)
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7401 Boone Ave. N.
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Brooklyn Park, Minnesota
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55428
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code
(763) 391-4000
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (
see
General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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TABLE OF CONTENTS
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Item 2.02.
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Results of Operations and Financial Condition.
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On March 4, 2008, Wilsons The Leather Experts Inc. (the Company) issued the Press Release
that is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The Press Release contains information concerning the Companys net income (loss) and basic
and diluted earnings (loss) per share, which is not calculated in accordance with U.S. generally
accepted accounting principles (GAAP). A reconciliation of these non-GAAP financial measures is
contained in the Press Release filed herewith. In addition, other non-GAAP financial measures,
which exclude the June 2007 equity financing adjustments and impairment charges, will also be
mentioned in the Companys earnings conference call to be held on March 4, 2008. A reconciliation
of these non-GAAP financial measures to GAAP numbers is included in Exhibit 99.2 furnished
herewith. The Company believes that the presentation of net income (loss) and basic and diluted
earnings (loss) per share before the June 2007 equity financing adjustments and impairment charges
and other non-GAAP numbers calculated before the June 2007 equity financing adjustments and
impairment charges provides a useful analysis for comparative
purposes.
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Item 9.01.
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Financial Statements and Exhibits.
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(d) Exhibits
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99.1
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The Press Release of the Company dated March 4, 2008, containing its financial
results for the fourth quarter and full year ended February 2, 2008.
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99.2
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Reconciliation Table of non-GAAP numbers.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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WILSONS THE LEATHER EXPERTS INC.
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Date: March 4, 2008
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By /s/ Stacy A. Kruse
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Stacy A. Kruse
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Chief Financial Officer and Treasurer
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Index to Exhibits
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Exhibit No.
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Description
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Method of Filing
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99.1
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The Press Release of the Company dated
March 4, 2008, containing its financial
results for the fourth quarter and full
year ended February 2, 2008.
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Electronic Transmission
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99.2
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Reconciliation Table of non-GAAP numbers.
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Electronic Transmission
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