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Earnings (Loss) Per Share
 6 Months Ended
Aug. 01, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Note 4
Earnings Per Share
 
The Company uses the two-class method to compute basic and diluted earnings per common share attributable to Caleres, Inc. shareholders. In periods of net loss, no effect is given to the Company’s participating securities since they do not contractually participate in the losses of the Company. The following table sets forth the computation of basic and diluted earnings per common share attributable to Caleres, Inc. shareholders for the periods ended August 1, 2015 and August 2, 2014:
 
 
Thirteen Weeks Ended
Twenty-six Weeks Ended
($ thousands, except per share amounts)
August 1, 2015

August 2, 2014

August 1, 2015

August 2, 2014

NUMERATOR
 

 

 

 

Net earnings
$
16,863

$
18,039

$
36,254

$
33,515

Net (earnings) loss attributable to noncontrolling interests
(38
)
25

(168
)
(22
)
Net earnings allocated to participating securities
(544
)
(669
)
(1,195
)
(1,262
)
Net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities
$
16,281

$
17,395

$
34,891

$
32,231

 
 
 
 
 
DENOMINATOR
 

 

 

 

Denominator for basic earnings per common share attributable to Caleres, Inc. shareholders
42,325

42,074

42,319

41,980

Dilutive effect of share-based awards
123

202

136

218

Denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders
42,448

42,276

42,455

42,198


 
 
 
 
Basic earnings per common share attributable to Caleres, Inc. shareholders
$
0.38

$
0.41

$
0.82

$
0.77


 
 
 
 
Diluted earnings per common share attributable to Caleres, Inc. shareholders
$
0.38

$
0.41

$
0.82

$
0.76


 
Options to purchase 61,497 shares of common stock for the thirteen and twenty-six weeks ended August 1, 2015 and 64,497 shares of common stock for the thirteen and twenty-six weeks ended August 2, 2014 were not included in the denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders because the effect would be anti-dilutive.