Executive Compensation Methodology

By Staff -- Home Textiles Today, 10/29/2007 12:00:00 AM

Home Textiles Today's Executive Compensation Report is based on data from public documents filed with the Securities and Exchange Commission. All files are for the companies' 2006 fiscal year and the comparable fiscal year two years prior.

For the purpose of comparability, in this report, cash compensation is defined as annual salary plus bonus; it excludes other cash compensation — which may include severance payments — and any form of stock options.

In this report, the value of stock options on the main table refers to the value of options exercised in 2006, as stated in the company's proxy statement.

The report was prepared by research specialist Daphne Garland-McLean and database coordinator Cynthia Myers. Director of market research Kay Anderson oversaw the project.