XML 81 R84.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Details) (USD $)
In Thousands, except 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
Summary of basic and diluted earnings per share                      
Earnings from continuing operations, Income (Numerator)                 $ 92,982 $ 112,897 $ 93,451
Less: Preferred stock dividends and income from participating securities, Income (Numerator)                 (33) (147) (3,338)
Basic EPS                      
Income from continuing operations available to common shareholders, Income (Numerator)                 92,949 112,750 90,113
Income from continuing operations available to common shareholders, Shares (Denominator)                 23,297,000 23,584,000 23,179,000
Income from continuing operations available to common shareholders (USD per share)                 $ 3.99 $ 4.78 $ 3.89
Effect of Dilutive Securities                      
Plus: Income from participating securities, Income (Numerator)                 0 0 43
Options and restricted stock, Shares (Denominator)                 272,000 372,000 283,000
Convertible preferred stock, Income (Numerator)                 0 [1] 88 [1] 141 [1]
Convertible preferred stock, Shares (Denominator)                 0 [1] 34,000 [1] 55,000 [1]
Employees' preferred stock, Shares (Denominator)                 46,000 [2] 47,000 [2] 48,000 [2]
Diluted EPS from continuing operations                      
Income from continuing operations available to common shareholders plus assumed conversions, Income (Numerator)                 $ 92,949 $ 112,838 $ 90,297
Income from continuing operations available to common shareholders plus assumed conversions, Shares (Denominator)                 23,615,000 24,037,000 23,565,000
Continuing operations (USD per share) $ 1.79 [3] $ 1.18 $ 0.36 $ 0.61 $ 1.64 $ 1.76 $ 0.41 $ 0.88 $ 3.94 [4] $ 4.69 $ 3.83
Common convertible ratio 1               1    
[1] As a result of the Company issuing a notice of mandatory redemption to the holders of Series 1, 3 and 4 preferred stock in the first quarter of Fiscal 2014, there were no remaining convertible preferred stock of that series outstanding as of February 1, 2014. Therefore, convertible preferred stocks were not included in diluted earnings per share for Fiscal 2014. The amount of the dividend on the convertible preferred stock per common share obtainable on conversion of the convertible preferred stock was less than basic earnings per share for Series 1, 3 and 4 preferred stocks for Fiscal 2013 and 2012. Therefore, conversion of these convertible preferred stocks were included in diluted earnings per share for Fiscal 2013 and 2012.
[2] The Company’s Employees’ Subordinated Convertible Preferred Stock is convertible one for one to the Company’s common stock. Because there are no dividends paid on this stock, these shares are assumed to be converted.
[3] 14 week period vs. 13 weeks in prior period.
[4] 53 week period vs. 52 weeks in prior period.