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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jan. 30, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial data
 
Fiscal 2014
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
(in thousands except share data)
$’s
 
% Net
Sales
 
$’s
 
% Net
Sales
 
$’s
 
% Net
Sales
 
$’s
 
% Net
Sales
Merchandise sales and services, net
$
330,483

 
100.0
%
 
$
347,222

 
100.0
%
 
$
373,082

 
100.0
%
 
$
504,566

 
100.0
%
Gross margin
162,022

 
49.0
%
 
168,406

 
48.5
%
 
183,295

 
49.1
%
 
222,208

 
44.0
%
Operating income
18,794

 
5.7
%
 
25,298

 
7.3
%
 
35,098

 
9.4
%
 
60,453

 
12.0
%
Net income
$
10,868

 
3.3
%
 
$
11,845

 
3.4
%
 
$
17,991

 
4.8
%
 
$
33,095

 
6.6
%
Basic earnings per common share
$
0.34

 
 
 
$
0.37

 
 
 
$
0.56

 
 
 
$
1.04

 
 
Diluted earnings per common share
$
0.34

 
 
 
$
0.37

 
 
 
$
0.56

 
 
 
$
1.03

 
 
 
 
Fiscal 2013
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
(in thousands except share data)
$’s
 
Net
Sales
 
$’s
 
Net
Sales
 
$’s
 
Net
Sales
 
$’s
 
Net
Sales
Merchandise sales and services, net
$
319,035

 
100.0
%
 
$
329,561

 
100.0
%
 
$
383,852

 
100.0
%
 
$
530,428

 
100.0
%
Gross margin
154,588

 
48.5
%
 
149,674

 
45.4
%
 
174,450

 
45.4
%
 
231,625

 
43.7
%
Operating income
11,960

 
3.7
%
 
18,386

 
5.6
%
 
23,271

 
6.1
%
 
74,724

 
14.1
%
Net income
$
7,336

 
2.3
%
 
$
11,289

 
3.4
%
 
$
14,279

 
3.7
%
 
$
45,943

 
8.7
%
Basic and diluted earnings per common share(1)(2)
$
0.23

 
 
 
$
0.35

 
 
 
$
0.45

 
 
 
$
1.44

 
 
 
(1)
For periods ended April 4, 2014 and prior, basic earnings per share are computed using 31,956,521, the number of shares of Lands’ End common stock outstanding on April 4, 2014, the date on which the Lands’ End common stock was distributed to the stockholders of Sears Holdings Corporation. The same number of shares was used to calculate basic and diluted earnings per share for Fiscal 2013 as there were no dilutive securities during these periods.
(2)
The sum of the quarterly earnings per share—basic and diluted amounts may not equal the fiscal year amount due to rounding.