8-K 1 c02938e8vk.htm FORM 8-K e8vk
Table of Contents

 
 
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): February 28, 2006
Wilsons The Leather Experts Inc.
(Exact name of registrant as specified in its charter)
         
Minnesota
(State or other jurisdiction
of incorporation)
  0-21543
(Commission File Number)
  41-1839933
(IRS Employer
Identification No.)
     
7401 Boone Ave. N.
Brooklyn Park, Minnesota

(Address of principal executive offices)
  55428
(Zip Code)
Registrant’s telephone number, including area code      (763) 391-4000                              
     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):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

Item 2.02. Results of Operations and Financial Condition
Item 9.01. Financial Statements and Exhibits
SIGNATURES
Index to Exhibits
Press Release
Reconciliation Table


Table of Contents

Item 2.02. Results of Operations and Financial Condition
     On February 28, 2006, Wilsons The Leather Experts Inc. (the “Company”) issued the Press Release that is attached hereto as Exhibit 99.1.
     The Press Release contains information concerning the Company’s gross margin, net income or loss and basic and diluted income or loss per share before restructuring charges, 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 amounts related to restructuring charges, will also be mentioned in the Company’s earnings conference call to be held on February 28, 2006. 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 gross margin, net income or loss and basic and diluted income or loss per share before the restructuring charges and other non-GAAP numbers calculated before the restructuring charges provides a useful analysis of its ongoing operating trends and helps investors compare operating performance period to period.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
             
 
    99.1     The Press Release of the Company dated February 28, 2006, containing its financial results for the fourth quarter and full year ended January 28, 2006.
 
           
 
    99.2     Reconciliation Table of non-GAAP numbers.

 


Table of Contents

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.
         
  WILSONS THE LEATHER EXPERTS INC.
 
 
Date: February 28, 2006  By /s/ Stacy A. Kruse    
  Stacy A. Kruse   
  Chief Financial Officer and Treasurer   
 

 


Table of Contents

Index to Exhibits
         
Exhibit        
No.   Description   Method of Filing
 
99.1
  The Press Release of the Company dated February 28, 2006, containing its financial results for the fourth quarter and full year ended January 28, 2006.   Electronic Transmission
 
       
99.2
  Reconciliation Table of non-GAAP numbers.   Electronic Transmission