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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Mar. 01, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
 
Quarter Ended
 
 
June 1, 2013
 
August 31, 2013
 
November 30, 2013
 
March 1, 2014
 
 
(Dollars in thousands, except per share data)
Statement of Operations Data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
351,053

 
100.0
%
 
$
436,030

 
100.0
%
 
$
364,455

 
100.0
%
 
$
518,872

 
100.0
%
Cost of sales (including occupancy costs)
 
244,058

 
69.5

 
289,693

 
66.4

 
256,607

 
70.4

 
332,609

 
64.1

Gross profit
 
106,995

 
30.5

 
146,337

 
33.6

 
107,848

 
29.6

 
186,263

 
35.9

Selling, general and administrative expenses
 
99,356

 
28.3

 
103,455

 
23.8

 
104,092

 
28.6

 
117,668

 
22.7

Store closing costs
 
186

 
0.1

 
17

 

 
166

 

 
344

 
0.1

Impairment charges
 

 

 

 

 
841

 
0.2

 
1,213

 
0.2

Operating income
 
7,453

 
2.1

 
42,865

 
9.8

 
2,749

 
0.8

 
67,038

 
12.9

Interest income, net
 
14

 

 
10

 

 
3

 

 
10

 

Gain on sale of investment
 

 

 

 

 

 

 
2,076

 
0.4

Income before income taxes
 
7,467

 
2.1

 
42,875

 
9.8

 
2,752

 
0.8

 
69,124

 
13.3

Income tax expense
 
2,953

 
0.8

 
16,682

 
3.8

 
1,161

 
0.4

 
26,370

 
5.1

Net income
 
4,514

 
1.3

 
26,193

 
6.0

 
1,591

 
0.4

 
42,754

 
8.2

Net loss attributable to redeemable noncontrolling interest
 
561

 
0.1

 
314

 
0.1

 
727

 
0.2

 
249

 
0.1

Net income attributable to The Finish Line, Inc.
 
$
5,075

 
1.4
%
 
$
26,507

 
6.1
%
 
$
2,318

 
0.6
%
 
$
43,003

 
8.3
%
Basic earnings per share attributable to The Finish Line, Inc.(a)
 
$
0.10

 
 
 
$
0.54

 
 
 
$
0.05

 
 
 
$
0.88

 
 
Diluted earnings per share attributable to The Finish Line, Inc.(a)
 
$
0.10

 
 
 
$
0.54

 
 
 
$
0.05

 
 
 
$
0.87

 
 
Dividends declared per share
 
$
0.07

 
 
 
$
0.07

 
 
 
$
0.07

 
 
 
$
0.08

 
 

(a)
Earnings per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly amounts may not equal the total for the fiscal year.


 
 
Quarter Ended
 
 
June 2, 2012
 
September 1, 2012
 
December 1, 2012
 
March 2, 2013
 
 
(Dollars in thousands, except per share data)
Statement of Operations Data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
319,049

 
100.0
%
 
$
385,011

 
100.0
%
 
$
296,623

 
100.0
 %
 
$
442,682

 
100.0
%
Cost of sales (including occupancy costs)
 
214,390

 
67.2

 
250,461

 
65.0

 
206,833

 
69.7

 
287,237

 
64.9

Gross profit
 
104,659

 
32.8

 
134,550

 
35.0

 
89,790

 
30.3

 
155,445

 
35.1

Selling, general and administrative expenses
 
84,818

 
26.6

 
94,711

 
24.6

 
91,447

 
30.8

 
94,907

 
21.4

Store closing costs
 
95

 

 
325

 
0.1

 
1

 

 
250

 
0.1

Impairment charges
 
28

 

 

 

 

 

 
5,565

 
1.2

Operating income (loss)
 
19,718

 
6.2

 
39,514

 
10.3

 
(1,658
)
 
(0.5
)
 
54,723

 
12.4

Interest income, net
 
71

 

 
58

 

 
38

 

 
31

 

Income (loss) before income taxes
 
19,789

 
6.2

 
39,572

 
10.3

 
(1,620
)
 
(0.5
)
 
54,754

 
12.4

Income tax expense (benefit)
 
7,708

 
2.4

 
15,136

 
3.9

 
(811
)
 
(0.3
)
 
21,281

 
4.8

Net income (loss)
 
12,081

 
3.8

 
24,436

 
6.4

 
(809
)
 
(0.2
)
 
33,473

 
7.6

Net loss attributable to redeemable noncontrolling interest
 
197

 
0.1

 
537

 
0.1

 
702

 
0.2

 
856

 
0.2

Net income (loss) attributable to The Finish Line, Inc.
 
$
12,278

 
3.9
%
 
$
24,973

 
6.5
%
 
$
(107
)
 
 %
 
$
34,329

 
7.8
%
Basic earnings (loss) per share attributable to The Finish Line, Inc.(a)
 
$
0.24

 
 
 
$
0.49

 
 
 
$

 
 
 
$
0.70

 
 
Diluted earnings (loss) per share attributable to The Finish Line, Inc.(a)
 
$
0.24

 
 
 
$
0.49

 
 
 
$

 
 
 
$
0.69

 
 
Dividends declared per share
 
$
0.06

 
 
 
$
0.06

 
 
 
$
0.06

 
 
 
$
0.07

 
 
 
(a)
Earnings (loss) per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly amounts may not equal the total for the fiscal year.
The following tables set forth quarterly operating data of the Company, including such data as a percentage of net sales, for 2014 and 2013.