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michael kors outlet store We reclassified our prior year numbers moving some European distribution costs from SG to cost of good sold that standardized our financial reporting and had no impact on operating margin, earnings or EPS. So moving now to the numbers.Firs quarter dilutive earnings per share exceeded our expectation reaching $0.30 per share, down 35%, compared to last years $0.46. Last year's EPS included a net 8% in nonoperating charges primarily related to currency contract and balances.Net earnings for the fi