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Earnings (Loss) Per Share
 3 Months Ended
May 02, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Note 4
Earnings Per Share
 
The Company uses the two-class method to compute basic and diluted earnings per common share attributable to Caleres, 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 earnings per common share attributable to Caleres, Inc. shareholders for the periods ended May 2, 2015 and May 3, 2014:
 
 
Thirteen Weeks Ended
($ thousands, except per share amounts)
May 2, 2015

May 3, 2014

NUMERATOR
 

 

Net earnings
$
19,391

$
15,476

Net earnings attributable to noncontrolling interests
(130
)
(47
)
Net earnings allocated to participating securities
(654
)
(592
)
Net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities
$
18,607

$
14,837

 
 
 
DENOMINATOR
 

 

Denominator for basic earnings per common share attributable to Caleres, Inc. shareholders
42,313

41,887

Dilutive effect of share-based awards
145

229

Denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders
42,458

42,116


 
 
Basic earnings per common share attributable to Caleres, Inc. shareholders
$
0.44

$
0.35


 
 
Diluted earnings per common share attributable to Caleres, Inc. shareholders
$
0.44

$
0.35


 
Options to purchase 62,997 and 74,997 shares of common stock for the thirteen weeks ended May 2, 2015 and May 3, 2014, respectively, were not included in the denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders because the effect would be anti-dilutive.