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Restructuring And Other Initiatives (Tables)
3 Months Ended
May 03, 2014
Restructuring And Other Initiatives [Abstract]  
Portfolio Realignment Expense (Income)

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended

 

($ millions, except per share data)

 

Pre-tax Expense

 

After-tax Expense

 

 

Loss Per Diluted Share

 

May 4, 2013

 

 

 

 

 

 

 

 

Continuing Operations

 

 

 

 

 

 

 

 

Business exits and cost reductions

$

0.5 

$

0.3 

 

$

0.01 

 

Non-cash impairments/dispositions

 

4.7 

 

4.7 

 

 

0.11 

 

Total Continuing Operations

 

5.2 

 

5.0 

 

 

0.12 

 

Discontinued Operations

 

 

 

 

 

 

 

 

Business exits and cost reductions

 

11.1 

 

7.1 

 

 

0.16 

 

Non-cash impairments/dispositions

 

12.5 

 

12.5 

 

 

0.30 

 

Total Discontinued Operations

 

23.6 

 

19.6 

 

 

0.46 

 

Total

$

28.8 

$

24.6 

 

$

0.58 

 

 

Summary Of The Charges And Settlements By Category Of Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total by Classification

($ millions)

 

Employee

 

Markdowns and Royalty Shortfalls

 

 

Facility

 

 

Other

 

 

Total

 

 

Continuing Operations

 

 

Discontinued Operations

Reserve balance at February 2, 2013

$

1.7 

 

$

0.2 

 

$

3.3 

 

$

0.3 

 

$

5.5 

 

$

5.3 

 

$

0.2 

Additional charges in first quarter 2013

 

0.4 

 

 

3.0 

 

 

0.1 

 

 

25.3 

 

 

28.8 

 

 

5.2 

 

 

23.6 

Amounts settled in first quarter 2013

 

(1.0)

 

 

(2.8)

 

 

(0.8)

 

 

(18.2)

 

 

(22.8)

 

 

(7.0)

 

 

(15.8)

Reserve balance at May 4, 2013

 

1.1 

 

 

0.4 

 

 

2.6 

 

 

7.4 

 

 

11.5 

 

 

3.5 

 

 

8.0 

Additional charges (recoveries) in 2013

 

2.2 

 

 

(0.3)

 

 

– 

 

 

– 

 

 

1.9 

 

 

0.7 

 

 

1.2 

Amounts settled in 2013

 

(2.3)

 

 

(0.1)

 

 

(1.2)

 

 

(7.4)

 

 

(11.0)

 

 

(2.7)

 

 

(8.3)

Reserve balance at February 1, 2014

$

1.0 

 

$

– 

– 

$

1.4 

– 

$

– 

 

$

2.4 

 

$

1.5 

 

$

0.9 

Additional charges in first quarter 2014

 

– 

 

 

– 

 

 

– 

 

 

– 

 

 

– 

 

 

– 

 

 

– 

Amounts settled in first quarter 2014

 

(0.4)

 

 

– 

 

 

(0.1)

 

 

– 

 

 

(0.5)

 

 

(0.1)

 

 

(0.4)

Reserve balance at May 3, 2014

$

0.6 

 

$

– 

 

$

1.3 

 

$

– 

 

$

1.9 

 

$

1.4 

 

$

0.5