Policy

	As of July 3, 2011

	As Previously Reported		Reclassifications/ Discontinued Operations			Correction			As Presented Herein
Assets
Current Assets:
Cash and equivalents	$	21,442	$	—		$	—		$	21,442
Receivables, net		15,278		(3,362	)		—			11,916
Inventories		51,314		(129	)		—			51,185
Deferred tax assets		5,416		(471	)		—			4,945
Prepaid and other		7,375		1,256			—			8,631
Current assets of discontinued operations		—		3,506			—			3,506

Total current assets		100,825		800			—			101,625
Property, plant and equipment, net		50,354		(446	)		—			49,908
Goodwill		41,547		(2,199	)		6,624			45,972
Other intangibles, net		41,808		(60	)		—			41,748
Deferred tax assets		17,181		473			(5,774	)		11,880
Other assets		5,236		(32	)		—			5,204
Non-current assets of discontinued operations		—		2,738			—			2,738

Total assets	$	256,951	$	1,274		$	850		$	259,075

Liabilities and Stockholders' Equity
Current liabilities
Accounts payable and accrued expenses	$	66,559	$	319		$	—		$	66,878
Current maturities of long-term debt and obligations under capital leases		16,488		—			—			16,488
Current liabilities of discontinued operations		—		956			—			956

Total current liabilities		83,047		1,275			—			84,322
Long-term debt and obligations under capital leases		29,250		—			—			29,250
Other liabilities		2,993		(110	)		—			2,883
Non-current liabilities of discontinued operations		—		109			—			109

Total liabilities		115,290		1,274			—			116,564
Total stockholders' equity		141,661		—			850			142,511

Total liabilities and stockholders' equity	$	256,951	$	1,274		$	850		$	259,075

1 800 FLOWERS COM INC | 2012 | FY |