True Religion Apparel, Inc. and Subsidiaries

Reclassified Consolidated Segment Data

(in thousands)

2010

Q1

Q2

Q3

SG&A Expenses

As originally reported:

US Consumer Direct

$

15,953

$

16,819

$

18,337

US Wholesale

10,350

9,727

10,619

International

2,779

3,159

4,456

Other

7,546

10,987

5,753

Total SG&A

$

36,628

$

40,692

$

39,165

Reclassifications:

US Consumer Direct

$

—

$

—

$

—

US Wholesale

(8,122

)

(8,148

)

(8,785

)

International

—

—

—

Core Services

8,122

8,148

8,785

Total

$

—

$

—

$

—

As reclassified:

US Consumer Direct

$

15,953

$

16,819

$

18,337

US Wholesale

2,228

1,579

1,834

International

2,779

3,159

4,456

Core Services

15,668

19,135

14,538

Total SG&A

$

36,628

$

40,692

$

39,165

Operating Income

As originally reported:

US Consumer Direct

$

12,528

$

13,688

$

14,998

US Wholesale

2,480

3,773

2,955

International

4,721

4,292

4,699

Other

(6,382

)

(9,771

)

(4,249

)

Total Operating Income

$

13,347

$

11,982

$

18,403

Reclassifications:

US Consumer Direct

$

—

$

—

$

—

US Wholesale

8,122

8,148

8,785

International

—

—

—

Core Services

(8,122

)

(8,148

)

(8,785

)

Total

$

—

$

—

$

—

As reclassified:

US Consumer Direct

$

12,528

$

13,688

$

14,998

US Wholesale

10,602

11,921

11,740

International

4,721

4,292

4,699

Core Services

(14,504

)

(17,919

)

(13,034

)

Total Operating Income

$

13,347

$

11,982

$

18,403

True Religion Apparel, Inc. and Subsidiaries

Reclassified Consolidated Segment Data

(in thousands)

2009

Q1

Q2

Q3

Q4

Total

SG&A Expenses

As originally reported:

US Consumer Direct

$

10,077

$

11,622

$

13,076

$

15,735

$

50,510

US Wholesale

8,267

7,952

9,132

9,768

35,119

International

922

890

1,464

1,672

4,948

Other

6,400

6,403

6,934

7,651

27,388

Total SG&A

$

25,666

$

26,867

$

30,606

$

34,826

$

117,965

Reclassifications:

US Consumer Direct

$

—

$

—

$

—

$

—

$

—

US Wholesale

(6,958

)

(6,630

)

(7,653

)

(8,103

)

(29,344

)

International

—

—

—

—

—

Core Services

6,958

6,630

7,653

8,103

29,344

Total

$

—

$

—

$

—

$

—

$

—

As reclassified:

US Consumer Direct

$

10,077

$

11,622

$

13,076

$

15,735

$

50,510

US Wholesale

1,309

1,322

1,479

1,665

5,775

International

922

890

1,464

1,672

4,948

Core Services

13,358

13,033

14,587

15,754

56,732

Total SG&A

$

25,666

$

26,867

$

30,606

$

34,826

$

117,965

Operating Income

As originally reported:

US Consumer Direct

$

7,013

$

9,088

$

11,253

$

17,412

$

44,766

US Wholesale

6,868

8,376

9,267

6,252

30,763

International

5,153

5,829

7,810

6,375

25,167

Other

(5,981

)

(5,360

)

(5,602

)

(6,156

)

(23,099

)

Total Operating Income

$

13,053

$

17,933

$

22,728

$

23,883

$

77,597

Reclassifications:

US Consumer Direct

$

—

$

—

$

—

$

—

$

—

US Wholesale

6,958

6,630

7,653

8,103

29,344

International

—

—

—

—

—

Core Services

(6,958

)

(6,630

)

(7,653

)

(8,103

)

(29,344

)

Total

$

—

$

—

$

—

$

—

$

—

As reclassified:

US Consumer Direct

$

7,013

$

9,088

$

11,253

$

17,412

$

44,766

US Wholesale

13,826

15,006

16,920

14,355

60,107

International

5,153

5,829

7,810

6,375

25,167

Core Services

(12,939

)

(11,990

)

(13,255

)

(14,259

)

(52,443

)

Total Operating Income

$

13,053

$

17,933

$

22,728

$

23,883

$

77,597

True Religion Apparel, Inc. and Subsidiaries

Reclassified Consolidated Segment Data

(in thousands)

2008

Q1

Q2

Q3

Q4

Total

SG&A Expenses:

As originally reported:

US Consumer Direct

$

4,456

$

7,232

$

8,438

$

9,733

$

29,859

US Wholesale

7,858

7,709

8,174

7,477

31,218

International

163

390

802

1,139

2,494

Other

6,658

6,166

6,649

5,081

24,554

Total SG&A

$

19,135

$

21,497

$

24,063

$

23,430

$

88,125

Reclassifications:

US Consumer Direct

$

—

$

—

$

—

$

—

$

—

US Wholesale

(6,278

)

(5,809

)

(6,466

)

(5,879

)

(24,432

)

International

—

—

—

—

—

Core Services

6,278

5,809

6,466

5,879

24,432

Total

$

—

$

—

$

—

$

—

$

—

As reclassified:

US Consumer Direct

$

4,456

$

7,232

$

8,438

$

9,733

$

29,859

US Wholesale

1,580

1,900

1,708

1,598

6,786

International

163

390

802

1,139

2,494

Core Services

12,936

11,975

13,115

10,960

48,986

Total SG&A

$

19,135

$

21,497

$

24,063

$

23,430

$

88,125

Operating Income

As originally reported:

US Consumer Direct

$

4,737

$

6,246

$

8,285

$

8,542

$

27,810

US Wholesale

9,049

11,841

15,440

11,122

47,452

International

3,982

3,201

4,781

4,797

16,761

Other

(6,418

)

(5,897

)

(6,205

)

(4,627

)

(23,147

)

Total Operating Income

$

11,350

$

15,391

$

22,301

$

19,834

$

68,876

Reclassifications:

US Consumer Direct

$

—

$

—

$

—

$

—

$

—

US Wholesale

6,278

5,809

6,466

5,879

24,432

International

—

—

—

—

—

Core Services

(6,278

)

(5,809

)

(6,466

)

(5,879

)

(24,432

)

Total

$

—

$

—

$

—

$

—

$

—

As reclassified:

US Consumer Direct

$

4,737

$

6,246

$

8,285

$

8,542

$

27,810

US Wholesale

15,327

17,650

21,906

17,001

71,884

International

3,982

3,201

4,781

4,797

16,761

Core Services

(12,696

)

(11,706

)

(12,671

)

(10,506

)

(47,579

)

Total Operating Income

$

11,350

$

15,391

$

22,301

$

19,834

$

68,876