SEC Info - Childrens Place, Inc. - ‘10-K’ for 2/2/13

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Childrens Place, Inc. – ‘10-K’ for 2/2/13 – ‘EX-18.1’

On: Thursday, 3/28/13, at 4:54pm ET · For: 2/2/13 · Accession #: 1445305-13-737 · File #: 0-23071

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/28/13  Childrens Place, Inc.             10-K        2/02/13   76:15M                                    Workiva Inc

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.11M 
 2: EX-10.40    Material Contract                                   HTML     41K 
 3: EX-10.41    Material Contract                                   HTML     49K 
 4: EX-10.42    Material Contract                                   HTML     83K 
 5: EX-10.43    Material Contract                                   HTML     24K 
 7: EX-21.1     Subsidiaries List                                   HTML     23K 
 8: EX-23.1     Consent of Experts or Counsel                       HTML     21K 
 6: EX-18.1     Letter re: Change in Accounting Principles          HTML     23K 
 9: EX-31.1     Certification -- §302 - SOA'02                      HTML     30K 
10: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
11: EX-32       Certification -- §906 - SOA'02                      HTML     27K 
54: R1          Document and Entity Information                     HTML     50K 
43: R2          Condensed Consolidated Balance Sheets               HTML    133K 
52: R3          Condensed Consolidated Balance Sheets               HTML     48K 
                (Parenthetical)                                                  
56: R4          Condensed Consolidated Statements of Operations     HTML    126K 
71: R5          Consolidated Statements of Comprehensive Income     HTML     38K 
45: R6          Consolidated Statement of Changes in Stockholders'  HTML     99K 
                Equity                                                           
51: R7          Condensed Consolidated Statements of Cash Flows     HTML    153K 
39: R8          Basis of Presentation                               HTML    134K 
30: R9          Changes in Accounting Principle (Notes)             HTML    201K 
72: R10         Stockholders' Equity                                HTML     67K 
58: R11         Stock-Based Compensation                            HTML    172K 
57: R12         Property and Equipment                              HTML     59K 
62: R13         Credit Facility                                     HTML     59K 
63: R14         Interest Income (Expense), Net                      HTML     49K 
61: R15         Prepaid Expenses and Other Current Assets           HTML     35K 
64: R16         Accrued Expenses and Other Current Liabilties       HTML     46K 
53: R17         Commitments and Contingencies                       HTML     49K 
55: R18         Legal and Regulatory Matters                        HTML     23K 
60: R19         Income Taxes                                        HTML    164K 
76: R20         Savings and Investment Plans                        HTML     41K 
67: R21         Segment Information                                 HTML    118K 
48: R22         Quarterly Financial Data                            HTML    110K 
59: R23         Subsequent Events                                   HTML     23K 
50: R24         Schedule Ii                                         HTML     43K 
24: R25         Basis of Presentation (Policies)                    HTML    229K 
68: R26         Basis of Presentation Earnings per Share (Tables)   HTML     63K 
73: R27         Changes in Accounting Principle (Tables)            HTML    200K 
34: R28         Stockholders' Equity Stockholders' Equity (Tables)  HTML     50K 
33: R29         Stock-Based Compensation (Tables)                   HTML    152K 
37: R30         Property and Equipment (Tables)                     HTML     46K 
38: R31         Credit Facility (Tables)                            HTML     47K 
40: R32         Interest Income (Expense), Net (Tables)             HTML     48K 
23: R33         PREPAID EXPENSES AND OTHER CURRENT ASSETS Prepaid   HTML     35K 
                Expenses (Tables)                                                
65: R34         ACCRUED EXPENSES AND OTHER CURRENT LIABILTIES       HTML     44K 
                Accrued (Tables)                                                 
47: R35         COMMITMENTS AND CONTINGENCIES Sublease (Tables)     HTML     43K 
49: R36         INCOME TAXES Taxes by Country (Tables)              HTML    158K 
27: R37         Segment Information (Tables)                        HTML    107K 
75: R38         QUARTERLY FINANCIAL DATA Quarterly Financial Data   HTML    104K 
                (Tables)                                                         
18: R39         Basis of Presentation (Details)                     HTML     99K 
41: R40         Basis of Presentation (Details 2)                   HTML     50K 
70: R41         Changes in Accounting Principle (Details)           HTML    185K 
26: R42         Stockholders' Equity (Details)                      HTML     54K 
32: R43         Stock-Based Compensation (Details)                  HTML     51K 
36: R44         Stock-Based Compensation (Details 2)                HTML    217K 
44: R45         Property and Equipment (Details)                    HTML     92K 
22: R46         Credit Facility (Details)                           HTML     86K 
29: R47         Interest Income (Expense), Net (Details)            HTML     47K 
20: R48         PREPAID EXPENSES AND OTHER CURRENT ASSETS Prepaid   HTML     40K 
                Expenses (Details)                                               
69: R49         ACCRUED EXPENSES AND OTHER CURRENT LIABILTIES       HTML     63K 
                Accrued Expenses and Other Current Liabilities                   
                (Details)                                                        
25: R50         Commitments and Contingencies Commitments and       HTML     79K 
                Contingencies (Details)                                          
66: R51         Income Taxes (Details)                              HTML    266K 
28: R52         Savings and Investment Plans Savings and            HTML     54K 
                Investment Plans (Details)                                       
42: R53         Segment Information (Details)                       HTML    135K 
19: R54         QUARTERLY FINANCIAL DATA Quarterly Financial Data   HTML     93K 
                (Details)                                                        
21: R55         Subsequent Events (Details)                         HTML     35K 
35: R56         Schedule Ii Scheudle Ii (Details)                   HTML     29K 
74: XML         IDEA XML File -- Filing Summary                      XML    111K 
31: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   2.52M 
12: EX-101.INS  XBRL Instance -- plce-20130202                       XML   3.44M 
14: EX-101.CAL  XBRL Calculations -- plce-20130202_cal               XML    219K 
15: EX-101.DEF  XBRL Definitions -- plce-20130202_def                XML    850K 
16: EX-101.LAB  XBRL Labels -- plce-20130202_lab                     XML   1.91M 
17: EX-101.PRE  XBRL Presentations -- plce-20130202_pre              XML   1.05M 
13: EX-101.SCH  XBRL Schema -- plce-20130202                         XSD    176K 
46: ZIP         XBRL Zipped Folder -- 0001445305-13-000737-xbrl      Zip    308K

‘EX-18.1’ — Letter re: Change in Accounting Principles

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

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PLCE-EX18.1-2.2.2013

EXHIBIT 18.1

March 28, 2013

The Children’s Place Retail Stores, Inc.

500 Plaza Drive

Secaucus, NJ 07094

Ladies and Gentlemen:

We have audited the consolidated balance sheets of The Children’s Place Retail Stores, Inc. and subsidiaries (the Company) as of February 2, 2013 and January 28, 2012, and the related consolidated statements of operations, comprehensive income, changes in stockholders’ equity, and cash flows for each of the three years in the period ended February 2, 2013, and have reported thereon dated March 28, 2013. The aforementioned consolidated financial statements and our audit report thereon are included in the Company’s annual report on Form 10-K for the year ended February 2, 2013. As stated in note 2 to those consolidated financial statements, the Company elected to change its method of accounting for inventories from the retail inventory method to an average cost method. In addition, the Company elected to capitalize additional supply chain costs which were previously expensed as incurred. The Company believes that the changes are preferable as they better reflect the value of inventory as of the balance sheet dates, provide a better reflection of periodic net income and improve comparability with its peers.

With regard to the aforementioned accounting changes, authoritative criteria has not been established for evaluating the preferability of one acceptable method of accounting over another acceptable method. However, for purposes of the Company’s compliance with the requirements of the Securities and Exchange Commission, we are furnishing this letter.

Based on our review and discussion, with reliance on management’s business judgment and planning, we concur that the newly adopted methods of accounting are preferable in the Company’s circumstances.

Very truly yours,

/S/ BDO USA, LLP

New York, NY

March 28, 2013

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	3/28/13	4
For Period end:	2/2/13
	1/28/12	10-K
		List all Filings

3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/29/21  Childrens Place, Inc.             10-K        1/30/21   72:9.7M                                   Workiva Inc Wde… FA01/FA
10/18/13  SEC                               UPLOAD¶    10/05/17    1:201K Childrens Place, Inc.
 6/27/13  SEC                               UPLOAD¶    10/05/17    1:245K Childrens Place, Inc.

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Filing Submission 0001445305-13-000737 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)