lfm1001

Free Cash Flow is a measure not derived in accordance with GAAP. links of london bracelets believes that Free Cash Flow provides investors with helpful supplemental information about the company's ability to fund internal growth, make acquisitions, repay debt, pay dividends, and repurchase common stock. This measure may be inconsistent with similar measures presented by other companies.For the fourth quarter of 2010, Links of London Pink Heart Charm Signature Necklace Before Charges/Gains is Net Income calculated on a per-share basis excluding $13.9 million ($9.8 million after tax or $0.06 per diluted share) of restructuring and other charges, a loss on the sale of brands and related assets of $7.6 million ($6.9 million after tax or $0.05 per diluted share related to the disposition of Cockburn and our Links of London Power Walk Charm golf product line), income tax-related credits of $6.0 million ($0.04 per diluted share related to the resolution of routine foreign and US income tax audit examinations) and business separation costs of $2.3 million ($1.5 million after tax or $0.01 per diluted share). For the twelve month period ended December 31, 2010, EPS Before Charges/Gains is Links of London Q Charm Income calculated on a per-share basis excluding $41.3 million ($19.5 million after tax or $0.13 per diluted share) of restructuring and other charges, a loss on the sale of brands and related assets, net of $4.7 million ($9.2 million after tax or $0.05 per diluted share related to the disposition of Cockburn, our German-market local brands and our Cobra golf product line), income tax-related credits of $83.5 million ($0.54 per diluted share related to the resolution of routine foreign and US income tax audit examinations) and business separation costs of $2.3 million ($1.5 million after tax or $0.01 per diluted share).