EXHIBIT 99.2

Wilsons The Leather Experts Inc. and Subsidiaries
Supplemental Information — Consolidated Statement of Operations
(In thousands, except per share amounts)
(Unaudited)

Reconciliation of GAAP consolidated statement of operations to adjusted statement of operations:

	Three months ended			Restructuring			Three months ended
	May 1,			and other			May 1,
	2004 - As reported			charges(1) (2)			2004 - As adjusted
Net sales	$	97,751		$	20,778		$	76,973
Cost of goods sold, buying and occupancy costs		75,818			18,482			57,336
Gross margin		21,933			2,296			19,637
Selling, general and administrative expenses		28,109			3,254			24,855
Depreciation and amortization		17,872			13,220			4,652
Operating loss		(24,048	)		(14,178	)		(9,870	)
Interest expense, net		2,744			—			2,744
Loss before income taxes		(26,792	)		(14,178	)		(12,614	)
Income tax benefit		—			—			—
Net loss	$	(26,792	)	$	(14,178	)	$	(12,614	)
Basic and diluted loss per share:
Basic and diluted loss per share	$	(1.30	)	$	(0.69	)	$	(0.61	)
Weighted average shares outstanding — basic and diluted		20,687			—			20,687

(1)	Includes $14.2 million related primarily to the transfer of inventory to an independent liquidator in conjunction with the expected closing of approximately 111 stores, and lease termination costs and accelerated depreciation related to store closings.
(2)	Reclassified for the presentation of certain lease accounting issues clarified by the Office of the Chief Accountant of the Securities and Exchange Commission in a letter to the American Institute of Certified Public Accountants on February 7, 2005.