Thirteen Weeks Ended

Thirty-Nine Weeks Ended

($ thousands, except per share amounts)

October 31, 2020

November 2, 2019

October 31, 2020

November 2, 2019

NUMERATOR

Net earnings (loss)

$

14,926

$

27,761

$

(361,915)

$

62,073

Net (earnings) loss attributable to noncontrolling interests

(509)

226

(223)

338

Net earnings allocated to participating securities

(512)

(946)

—

(2,042)

Net earnings (loss) attributable to Caleres, Inc. after allocation of earnings to participating securities

$

13,905

$

27,041

$

(362,138)

$

60,369

DENOMINATOR

Denominator for basic earnings (loss) per common share attributable to Caleres, Inc. shareholders

36,554

39,258

37,439

39,983

Dilutive effect of share-based awards

176

55

—

57

Denominator for diluted earnings (loss) per common share attributable to Caleres, Inc. shareholders

36,730

39,313

37,439

40,040

Basic earnings (loss) per common share attributable to Caleres, Inc. shareholders

$

0.38

$

0.69

$

(9.67)

$

1.51

Diluted earnings (loss) per common share attributable to Caleres, Inc. shareholders

$

0.38

$

0.69

$

(9.67)

$

1.51