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Verified shrinkage allocated to stub period on basis of percent of sales in stub
period
1983 1984 1985 1986 Total
Parent $23,829 $42,755 $41,125 $60,842 $168,551
Kuhn's 3,280 5,263 3,910 4,724 17,177
Edwards 1,939 2,191 1,982 2,665 8,777
Total 29,048 50,209 47,017 68,231 194,505
We now compare the stub period estimates for each year to the
verified shrinkage allocable to the stub period as it was
reflected in the previous table.
Comparison of Verified Shrinkage to Shrinkage Estimates
(in thousands of dollars)
Verified shrinkage allocated to stub period on basis of percent of sales in stub
period
1983 1984 1985 1986 Total
Parent $23,829 $42,755 $41,125 $60,842 $168,551
Kuhn's 3,280 5,263 3,910 4,724 17,177
Edwards 1,939 2,191 1,982 2,665 8,777
Total 29,048 50,209 47,017 68,231 194,505
Stub period shrinkage estimated
1983 1984 1985 1986 Total
Parent $27,983 $33,996 $54,178 $60,197 $176,354
Kuhn's 4,059 4,056 5,777 5,339 19,231
Edwards 1,556 2,151 2,185 2,364 8,256
Total 33,598 40,203 62,140 67,900 203,841
Over (Under) Estimated
1983 1984 1985 1986 Total
Parent $4,154 $(8,759) $13,053 $(5,707) $2,741
Kuhn's 779 (1,107) 1,867 615 2,154
Edwards (383) (40) 203 (301) (521)
Total 4,550 (9,906) 15,123 (5,393) (4,374)
As illustrated in the second table, our retrospective
allocation of the shrinkage verified by physical count results in
higher or lower shrinkage for each stub period than the shrinkage
estimates at issue herein. We believe that this should be
expected, however, because Wal-Mart did not have the benefit of
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