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Reclassification Adjustments

Certain prior year financial information has been reclassified to conform to fiscal 2007 financial statement presentation. In 2005, in accordance with Staff Accounting Bulletin Topic 14F, "Share-Based Payment", non-cash equity compensation expense has been reclassified to production, distribution and editorial, selling and promotion, and general and administrative expense lines (the same lines as cash compensation paid to the same recipients) out of non-cash equity compensation expense.

http://www.wikinvest.com/stock/Martha_Stewart_Living_Omnimedia_(MSO)/Reclassification_Adjustments

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Q: What are reclassification adjustments?
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