We will continue to evaluate information as it becomes known and will record an estimate for losses at the time or times when it is both probable that a loss has been incurred and the amount of the loss is reasonably estimable. Prior to the sale, credit card revenues were recognized according to the contractual provisions of each credit card agreement. Kozlak Senior Vice President, Human Resources since February 2006. Some of our lease agreements include rental payments based on a percentage of retail sales over contractual levels and others include rental payments adjusted periodically for inflation. The majority of year-end receivables associated with these activities are collected within the following fiscal quarter. The weighted average remaining life of exercisable options is 5.
The profitability rank of the company is 7 out of 10. A significant portion of Targets sales is from nationally-advertised merchandise. These estimates are a judgmental matter in which we consider the composition of our asset portfolio, our historical long-term investment performance and current market conditions. Income Continuance Policy Statement Incorporated by Reference 10 K. All such forward-looking statements are intended to enjoy the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended.
Yes No Note — Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15 d of the Exchange Act from their obligations under those Sections. We have a program in place to detect and respond to data security incidents. Seasonality Due to the seasonal nature of our business, a substantially larger share of total year revenues and earnings occur in the fourth quarter because it includes the holiday shopping season. The fair value for restricted stock is calculated based on the stock price on the date of grant, incorporating an analysis of the total shareholder return performance measure where applicable. Based on historical payment patterns, we estimate that the remaining beneficial interest asset will be reduced over the next three years. A significant portion of Targets sales is from nationally-advertised merchandise.
Additionally, we offer a proprietary Target Debit Card. These carryforwards are primarily related to the start-up operations of the Canadian Segment and expire between 2031 and 2033. Many team members are in entry-level or part-time positions with historically high turnover rates. In general, we expect our floating rate debt to exceed our floating rate short-term investments over time, but that may vary in different interest rate environments. Targeting the wrong opportunities, failing to make the best In addition, our growth also depends, in part, on our ability to build new stores and remodel existing stores in a manner that achieves appropriate returns on our capital investment. If we choose to cancel a purchase order, we may be obligated to reimburse the vendor for unrecoverable outlays incurred prior to cancellation. Restated Articles of Incorporation as amended January 9, 2002 1 B.
Cash equivalents also include amounts due from third-party financial institutions for credit and debit card transactions. We continue to anticipate ample access to commercial paper and long-term financing. And we finished strong, delivering a 3. We also committed to reinventing our portfolio of owned and exclusive brands — introducing a dozen new brands within 18 months. If our systems are damaged or fail to function properly, we may incur substantial repair or replacement costs, experience data loss and impediments to our ability to manage inventories or process guest transactions, and encounter lost guest confidence, which could adversely affect our results of operations. We consider our employee relations to be good. The following table presents information with respect to purchases of Target common stock made during the three months ended January 28, 2006, by Target or any affiliated purchaser of Target, as defined in Rule 10b-18 a 3 under the Exchange Act.
The Report of the Compensation Committee, the Report of the Audit Committee and the stock performance graph contained in Targets Proxy Statement are expressly not incorporated by reference in this Form 10-K. Segment also includes our U. For additional information on our properties see also: Total number of distribution centers, Page 16; Capital Expenditures, Page 20; Note 13, Property and Equipment, Pages 30-31; Note 22, Leases, Pages 33-34; and the Year-end 2005 Store Count and Square Footage by State, inside back cover of Targets 2005 Annual Report to Shareholders are incorporated herein by reference. However, we maintain stop-loss coverage to limit the exposure related to certain risks. Most leases include one or more options to renew, with renewal terms that can extend the lease term from one to 50 years. In addition, the intruder stole certain guest information, including names, mailing addresses, phone numbers or email addresses, for up to 70 million individuals.
Within these parameters, we seek to minimize our borrowing costs. We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board United States. Election of Directors, Pages 5-12; Section 16 a Beneficial Ownership Reporting Compliance, Page 30; and Business Ethics and Conduct, Page 29, of Targets Proxy Statement filed on April 10, 2006, are incorporated herein by reference. Directors and Executive Officers of the Registrant. We believe that the ultimate amount paid on payment card network claims could be material to our results of operations in future periods.
Our initial sales and operating results in Canada have not met our initial expectations. From June 2001 to November 2005 Ms. No single competitive factor is dominant, and actions by our competitors on any of these factors could have an adverse effect on our sales, gross margins and expenses. In 2018, we are focused more than ever on building a company that generates lasting value for our guests, our team, our shareholders and the communities we serve. Targets Corporate Governance Profile, Business Conduct Guide and the position descriptions for Targets Board of Directors and Board committees are also available free of charge in print upon request or at www. Retail Segment into one U.
Steinhafel President 51 Robert J. Quantitative and Qualitative Disclosures About Market Risk. The 2012 adjustment represents the gain on receivables held for sale. This policy allows investments in large money market funds or in highly rated direct short-term instruments that mature in 60 days or less. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update any forward-looking statement. Performance shares do not have an exercise price and thus they have been excluded from the weighted-average exercise price calculation in column b.