Acqusitions (Tables)

12 Months Ended

Feb. 02, 2019

Schedule of Allocation of Purchase Price [Table Text Block]

The Company has preliminarily allocated the purchase price as of the acquisition date, October 18, 2018, as follows:



($ thousands)	October 18, 2018
ASSETS
Current assets:
Cash and cash equivalents	$	8,024
Receivables	32,319
Inventories	59,439
Prepaid expense and other current assets	3,346
Total current assets	103,128
Goodwill	148,537
Intangible assets	144,700
Property and equipment	6,864
Total assets	$	403,229

LIABILITIES AND EQUITY
Current liabilities:
Trade accounts payable	$	22,753
Other accrued expenses	16,245
Total current liabilities	38,998
Other liabilities - capital lease obligation	3,541
Total liabilities	42,539
Net assets	$	360,690

The Company allocated the purchase price as of the acquisition date, July 6, 2018, as follows:



($ thousands)	July 6, 2018
ASSETS
Current assets:
Cash and cash equivalents	$	2,207
Receivables	4,612
Inventories	6,400
Prepaid expense and other current assets	317
Total current assets	13,536
Other assets	520
Goodwill	4,957
Intangible assets	17,600
Property and equipment	112
Total assets	$	36,725

LIABILITIES AND EQUITY
Current liabilities:
Trade accounts payable	$	2,915
Other accrued expenses	5,739
Total current liabilities	8,654
Other liabilities	77
Total liabilities	8,731
Net assets	$	27,994

Business Acquisition, Pro Forma Information [Table Text Block]

The table below illustrates the unaudited pro forma impact on operating results as if the acquisition had been completed as of the beginning of 2017. Prior to the acquisition, Vionic’s fiscal calendar ended on December 31 of each year. For purposes of the financial information presented, the Company has combined the operating results of the relevant calendar year for Vionic with the Company’s actual fiscal year. For example, the information presented in the 2017 column includes Vionic’s operations for the months of January through December.



($ thousands, except per share amounts)	2018		2017
Net sales	$	2,972,990	$	2,941,617
Net earnings attributable to Caleres, Inc.	5,432		83,800
Basic earnings per common share attributable to Caleres, Inc. shareholders	$	0.12	$	1.95
Diluted earnings per common share attributable to Caleres, Inc. shareholders	$	0.12	$	1.94