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Steve Shaw's avatar

Did you include the rent when calculating EPS after the sales leasebacks

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Steve Shaw's avatar

did you include the proceeds from the asset sales in the $1 in cash you included in the valuation

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Clark Square Capital's avatar

Just the sale lease back, not the disto center

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Steve Shaw's avatar

Thx

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Clark Square Capital's avatar

Hi Steve, Thanks for the comment. I was trying to keep the math simple and high-level, but you are right that that is the correct approach. If you just assume the HQ gets sold, that's about 8-9c hit to EPS.

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Steve Shaw's avatar

Yes ?

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