Neither pro forma net income nor pro forma diluted earnings per share is a measurement of financial performance under generally accepted accounting principles. Accordingly, you should not regard this figure as an alternative to actual diluted earnings per share.
Pro forma diluted earnings per share is presented solely as a supplemental disclosure, because management believes it is useful to compare the Company's current results across multiple periods.
The Company confirmed its previously announced fiscal 2008 guidance with total revenues expected to be in the range of approximately $900 to $910 million and earnings in the range of $1.81 to $1.84 per fully diluted share.
Perry Ellis International plans to release final first quarter results for fiscal 2008 after the market closes on May 21, 2007.
Separately, the Company noted that management will be presenting at the Bear Stearns 16th Annual Global Credit Conference on May 15, 2007 at 9:45 a.m. EDT. The PowerPoint presentation will be available to investors for 30 days at the Company's website.
Perry Ellis International Inc