XML 17 R8.htm IDEA: XBRL DOCUMENT  v2.3.0.11
(Loss) Earnings Per Share
 6 Months Ended
Jul. 30, 2011
(Loss) Earnings Per Share  
(Loss) Earnings Per Share
Note 4
(Loss) Earnings Per Share

The Company uses the two-class method to compute basic and diluted (loss) earnings per common share attributable to Brown Shoe Company, Inc. shareholders. In periods of net loss, no effect is given to the Company's participating securities since they do not contractually participate in the losses of the Company. The following table sets forth the computation of basic and diluted (loss) earnings per common share attributable to Brown Shoe Company, Inc. shareholders:

                     
   
Thirteen Weeks Ended
  
Twenty-six Weeks Ended
    
(in thousands, except per share amounts)
  
July 30,
2011
  
July 31,
2010
  
  July 30,
2011
   July 31,
2010
    
                         
NUMERATOR
                            
Net (loss) earnings attributable to Brown Shoe Company, Inc. before allocation of earnings to participating securities
  
$
(4,609
)
$
5,261
  
$
(921
)
$
15,307
    
Less: Earnings allocated to participating securities
    
–
    
188
    
–
    
535
    
Net (loss) earnings attributable to Brown Shoe Company, Inc. after allocation of earnings to participating securities
  
$
(4,609
)
$
5,073
  
$
(921
)
$
14,772
    
                         
DENOMINATOR
                            
Denominator for basic (loss) earnings per common share attributable to Brown Shoe Company, Inc. shareholders
    
41,852
    
42,147
    
42,164
    
41,951
    
Dilutive effect of share-based awards
    
–
    
316
    
–
    
316
    
Denominator for diluted (loss) earnings per common share attributable to Brown Shoe Company, Inc. shareholders
    
41,852
    
42,463
    
42,164
    
42,267
    
                         
Basic (loss) earnings per common share attributable to Brown Shoe Company, Inc. shareholders
  
$
(0.11
)
$
0.12
  
$
(0.02
)
$
0.35
    
                         
                             
Diluted (loss) earnings per common share attributable to Brown Shoe Company, Inc. shareholders
  
$
(0.11
)
$
0.12
  
$
(0.02
)
$
0.35
    

Due to the net loss attributable to Brown Shoe Company, Inc. for the thirteen weeks and twenty-six weeks ended July 30, 2011, the denominator for diluted loss per common share attributable to Brown Shoe Company, Inc. shareholders is the same as the denominator for basic loss per common share attributable to Brown Shoe Company, Inc. shareholders. 

Options to purchase 795,654 and 797,154 shares of common stock for the thirteen weeks and twenty-six weeks ended July 31, 2010, respectively, were not included in the denominator for diluted earnings per common share attributable to Brown Shoe Company, Inc. shareholders because the effect would be antidilutive.