XML 45 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Aug. 02, 2014
Aug. 03, 2013
Aug. 02, 2014
Aug. 03, 2013
Income Statement [Abstract]        
Net sales $ 615,474 $ 574,746 $ 1,244,299 $ 1,166,134
Cost of sales 313,729 291,938 626,610 584,889
Selling and administrative expenses 290,239 274,420 583,576 545,804
Asset impairments and other, net 1,422 [1] (7,140) [2] 311 [3] (5,811) [4]
Earnings from operations 10,084 15,528 33,802 41,252
Interest expense, net:        
Interest expense 800 1,158 1,533 2,219
Interest income (18) (18) (50) (40)
Total interest expense, net 782 1,140 1,483 2,179
Earnings from continuing operations before income taxes 9,302 14,388 32,319 39,073
Income tax expense 4,534 5,923 13,453 16,099
Earnings from continuing operations 4,768 8,465 18,866 22,974
Provision for discontinued operations, net (74) (125) (199) (224)
Net Earnings $ 4,694 $ 8,340 $ 18,667 $ 22,750
Basic earnings per common share:        
Continuing operations $ 0.20 $ 0.36 $ 0.81 $ 0.99
Discontinued operations $ 0.00 $ 0.00 $ (0.01) $ (0.01)
Net earnings $ 0.20 $ 0.36 $ 0.80 $ 0.98
Diluted earnings per common share:        
Continuing operations $ 0.20 $ 0.36 $ 0.80 $ 0.97
Discontinued operations $ 0.00 $ (0.01) $ (0.01) $ (0.01)
Net earnings $ 0.20 $ 0.35 $ 0.79 $ 0.96
[1] Asset Impairments and other includes a $0.4 million charge for asset impairments, which is in the Lids Sports Group, a $0.6 million charge for other legal matters and a $0.6 million charge for network intrusion expenses, partially offset by a $(0.2) million gain on a lease termination.
[2] Asset Impairments and other includes a $0.2 million charge for assets impairments, of which $0.2 million is in the Lids Sports Group, a $0.4 million charge for network intrusion expenses, a $0.5 million for other legal matters and a gain of $(8.3) million for the lease termination of a New York City Journeys store.
[3] Asset Impairments and other includes a $1.8 million charge for network intrusion expense, a $1.2 million charge for asset impairments, which is in the Lids Sports Group and a $0.6 million charge for other legal matters, partially offset by a $(3.4) million gain on a lease termination of a Lids store.
[4] Asset Impairments and other includes a $1.4 million charge for asset impairments, of which $1.1 million is in Lids Sports Group and $0.3 million is in the Journeys Group, a $0.6 million charge for network intrusion expenses, a $0.5 million charge for other legal matters, partially offset by a gain of $(8.3) million for the lease termination of a New York City Journeys store.