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Management
Discussion & Analysis pg 1
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addition to traditional financial measurements, we use Economic
Value Added (EVAŽ) to measure our financial performance and
manage our allocation of capital resources. Also, a portion of
executive incentive compensation is related to the achievement of
targeted levels of annual EVA improvement. EVA is a financial
performance measurement that includes the economic cost of assets
employed. We use EVA as one of several internal financial
measures, and it is not intended to represent a measure of
financial performance with respect to accounting principles
generally accepted in the United States. Other organizations that
use EVA as a measurement of financial performance may define and
calculate EVA differently.
Segment
Performance (1) Aggregate
results of our businesses other than Musicland and International. |
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