XML 93 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Feb. 01, 2014
Nov. 02, 2013
Aug. 03, 2013
May 04, 2013
Feb. 02, 2013
Oct. 27, 2012
Jul. 28, 2012
Apr. 28, 2012
Feb. 01, 2014
Feb. 02, 2013
Jan. 28, 2012
Consolidated Statements Of Earnings [Abstract]                      
Net sales $ 599,962 $ 702,788 $ 621,706 $ 588,656 $ 618,735 [1] $ 695,985 [1] $ 564,897 [1] $ 598,179 [1] $ 2,513,113 $ 2,477,796 $ 2,434,766
Cost of goods sold                 1,498,825 1,489,221 1,470,270
Gross profit 241,407 278,240 254,626 240,016 247,332 [1] 279,335 [1] 227,654 [1] 234,254 [1] 1,014,288 988,575 964,496
Selling and administrative expenses                 909,749 891,666 910,293
Restructuring and other special charges, net                 1,262 22,431 23,671
Impairment of assets held for sale                 4,660    
Operating earnings                 98,617 74,478 30,532
Interest expense                 (21,254) (22,973) (25,428)
Loss on early extinguishment of debt                     (1,003)
Interest income                 377 322 569
Earnings before income taxes from continuing operations                 77,740 51,827 4,670
Income tax (provision) benefit                 (23,758) (16,656) 1,421
Net earnings from continuing operations                 53,982 35,171 6,091
Discontinued operations:                      
(Loss) earnings from discontinued operations, net of tax of $5,922, $3,066, $3,059, respectively                 (4,574) (4,437) 4,334
Disposition/impairment of discontinued operations, net of tax of $0, $2,247, and $6,670, respectively                 (11,512) (3,530) 13,965
Net (loss) earnings from discontinued operations                 (16,086) (7,967) 18,299
Net earnings 6,161 27,284 15,283 (10,832) 4,003 24,287 (2,714) 1,628 37,896 27,204 24,390
Net loss attributable to noncontrolling interests                 (177) (287) (199)
Net earnings attributable to Brown Shoe Company, Inc. $ 6,164 $ 27,314 $ 15,357 $ (10,762) $ 4,039 $ 24,292 $ (2,535) $ 1,695 $ 38,073 $ 27,491 $ 24,589
Basic earnings (loss) per common share:                      
From continuing operations                 $ 1.25 $ 0.83 $ 0.15
From discontinued operations                 $ (0.37) $ (0.19) $ 0.42
Basic earnings per common share attributable to Brown Shoe Company, Inc. shareholders $ 0.14 [2] $ 0.63 [2] $ 0.36 [2] $ (0.26) [2] $ 0.09 [2] $ 0.57 [2] $ (0.06) [2] $ 0.04 [2] $ 0.88 $ 0.64 $ 0.57
Diluted earnings (loss) per common share:                      
From continuing operations                 $ 1.25 $ 0.83 $ 0.14
From discontinued operations                 $ (0.37) $ (0.19) $ 0.42
Diluted earnings per common share attributable to Brown Shoe Company, Inc. shareholders $ 0.14 [2] $ 0.63 [2] $ 0.35 [2] $ (0.26) [2] $ 0.09 [2] $ 0.56 [2] $ (0.06) [2] $ 0.04 [2] $ 0.88 $ 0.64 $ 0.56
[1] Adjusted from amounts previously reported in the Company’s Form 10-Q for the financial results related to discontinued operations. Refer to Note 2 to the consolidated financial statements for further discussion.
[2] (1)EPS for the quarters may not sum to the annual amount as each period is computed on a discrete period basis.