Shareholders' Equity

6 Months Ended

Aug. 01, 2015

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Note8 Shareholders’ Equity

The following tables set forth the changes in Caleres, Inc. shareholders’ equity and noncontrolling interests for the twenty-six weeks ended August 1, 2015 and August 2, 2014, respectively:

($ thousands)	Caleres, Inc. Shareholders’ Equity			Noncontrolling Interests		Total Equity
Equity at January 31, 2015	$	540,910		$	712	$	541,622
Net earnings	36,086			168		36,254
Other comprehensive income	315			3		318
Dividends paid	(6,135		)	—		(6,135		)
Acquisition of treasury stock	(4,921		)	—		(4,921		)
Issuance of common stock under share-based plans, net	(4,428		)	—		(4,428		)
Tax benefit related to share-based plans	2,838			—		2,838
Share-based compensation expense	3,680			—		3,680
Equity at August 1, 2015	$	568,345		$	883	$	569,228

($ thousands)	Caleres, Inc. Shareholders’ Equity			Noncontrolling Interests			Total Equity
Equity at February 1, 2014	$	476,699		$	663		$	477,362
Net earnings	33,493			22			33,515
Other comprehensive loss	(35		)	(15		)	(50		)
Dividends paid	(6,110		)	—			(6,110		)
Issuance of common stock under share-based plans, net	(523		)	—			(523		)
Tax benefit related to share-based plans	2,097			—			2,097
Share-based compensation expense	2,961			—			2,961
Equity at August 2, 2014	$	508,582		$	670		$	509,252

Accumulated Other Comprehensive Income

The following table sets forth the changes in accumulated other comprehensive income by component for the thirteen and twenty-six weeks ended August 1, 2015 and August 2, 2014:

($ thousands)	Foreign Currency Translation			Pension and Other Postretirement Transactions (1)			Derivative Financial Instrument Transactions (2)			Accumulated Other Comprehensive Income (Loss)
Balance May 2, 2015	$	647		$	3,018		$	7		$	3,672
Other comprehensive (loss) income before reclassifications	(949		)	—			625			(324		)
Reclassifications:
Amounts reclassified from accumulated other comprehensive income	—			(401		)	(109		)	(510		)
Tax provision	—			158			31			189
Net reclassifications	—			(243		)	(78		)	(321		)
Other comprehensive (loss) income	(949		)	(243		)	547			(645		)
Balance August 1, 2015	$	(302	)	$	2,775		$	554		$	3,027
Balance May 3, 2014	$	3,243		$	13,559		$	351		$	17,153
Other comprehensive income (loss) before reclassifications	244			—			(761		)	(517		)
Reclassifications:
Amounts reclassified from accumulated other comprehensive (loss) income	—			(59		)	55			(4		)
Tax provision (benefit)	—			26			(17		)	9
Net reclassifications	—			(33		)	38			5
Other comprehensive income (loss)	244			(33		)	(723		)	(512		)
Balance August 2, 2014	$	3,487		$	13,526		$	(372	)	$	16,641
Balance January 31, 2015	$	(745	)	$	3,233		$	224		$	2,712
Other comprehensive income before reclassifications, net of tax	443			—			365			808
Reclassifications:
Amounts reclassified from accumulated other comprehensive income	—			(758		)	(38		)	(796		)
Tax provision	—			300			3			303
Net reclassifications	—			(458		)	(35		)	(493		)
Other comprehensive income (loss)	443			(458		)	330			315
Balance August 1, 2015	$	(302	)	$	2,775		$	554		$	3,027
Balance February 1, 2014	$	2,356		$	13,582		$	738		$	16,676
Other comprehensive income (loss) before reclassifications	1,131			—			(1,094		)	37
Reclassifications:
Amounts reclassified from accumulated other comprehensive income	—			(101		)	(23		)	(124		)
Tax provision	—			45			7			52
Net reclassifications	—			(56		)	(16		)	(72		)
Other comprehensive income (loss)	1,131			(56		)	(1,110		)	(35		)
Balance August 2, 2014	$	3,487		$	13,526		$	(372	)	$	16,641

(1) Amounts reclassified are included in selling and administrative expenses. See Note 10 to the condensed consolidated financial statements for additional information related to pension and other postretirement benefits.

(2) Amounts reclassified are included in net sales, costs of goods sold and selling and administrative expenses. See Notes 11 and 12 to the condensed consolidated financial statements for additional information related to derivative financial instruments.