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Earnings Per Share
 3 Months Ended
Apr. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Note 3
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 April 30, 2016 and May 2, 2015:
 
 
Thirteen Weeks Ended
($ thousands, except per share amounts)
April 30, 2016

May 2, 2015

NUMERATOR
 

 

Net earnings
$
17,878

$
19,391

Net earnings attributable to noncontrolling interests
(96
)
(130
)
Net earnings allocated to participating securities
(486
)
(654
)
Net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities
$
17,296

$
18,607

 
 
 
DENOMINATOR
 

 

Denominator for basic earnings per common share attributable to Caleres, Inc. shareholders
42,433

42,313

Dilutive effect of share-based awards
163

145

Denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders
42,596

42,458


 
 
Basic earnings per common share attributable to Caleres, Inc. shareholders
$
0.41

$
0.44


 
 
Diluted earnings per common share attributable to Caleres, Inc. shareholders
$
0.41

$
0.44


 
Options to purchase 66,165 and 62,997 shares of common stock for the thirteen weeks ended April 30, 2016 and May 2, 2015, respectively, were not included in the denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders because the effect would be antidilutive.