XML 50 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share
3 Months Ended
May 02, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share


For the Three Months Ended

For the Three Months Ended

May 2, 2015

May 3, 2014
(In thousands, except
     per share amounts)
Income
(Numerator)

Shares
(Denominator)

Per Share
Amount

Income
(Numerator)

Shares
(Denominator)

Per Share
Amount












Earnings from continuing operations
$
9,945






$
14,098

















Less: Preferred stock dividends























Basic EPS from continuing operations











Income available to











common shareholders
9,945


23,550


$
0.42


14,098


23,369


$
0.60













Effect of Dilutive Securities from
continuing operations











Dilutive share-based awards


180






277



Employees' preferred stock(1)


45






46















Diluted EPS from continuing operations











Income available to common











shareholders plus assumed











conversions
$
9,945


23,775


$
0.42


$
14,098


23,692


$
0.60



(1)
The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculations for the first quarters ended May 2, 2015 and May 3, 2014.


The Company did not repurchase any shares of common stock during the three months ended May 2, 2015 or May 3, 2014. The Company repurchased 64,709 shares of common stock during Fiscal 2015 for $4.6 million. The Company has $60.9 million remaining under its current $75.0 million share repurchase authorization.