DSW 2013 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 2013 DSW annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 121

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121

Table of Contents


Thirteen weeks ended
Fourteen weeks
ended
April 28, 2012
July 28, 2012
October 27, 2012
February 2, 2013
(in thousands, except per share data)
Net sales $558,572
$512,218
$592,734
$594,254
Cost of sales (365,982)
(351,973)
(392,563)
(422,540)
Operating expenses (121,923)
(112,118)
(121,734)
(126,022)
Change in fair value of derivative instruments (5,342)
(779)
—
—
Operating profit 65,325
47,348
78,437
45,692
Interest income, net 467
496
2,575
273
Income from continuing operations before income taxes 65,792
47,844
81,012
45,965
Income tax provision (27,185)
(18,526)
(30,897)
(18,819)
Income from continuing operations 38,607
29,318
50,115
27,146
Total income from discontinued operations, net of tax 1,253
—
—
—
Net income $39,860
$29,318
$50,115
$27,146
Diluted earnings per share(1):
Diluted earnings per share from continuing operations $0.43
$0.32
$0.55
$0.30
Diluted earnings per share from discontinued operations $0.01
$0.00
$0.00
$0.00
Diluted earnings per share $0.45
$0.32
$0.55
$0.30
(1) The earnings per share calculations for each quarter are based upon the applicable weighted average shares outstanding for each period and may not
necessarily be equal to the full year share amount.
 
Dividends- On March 18, 2014, DSW announced that the DSW Board of Directors declared a quarterly cash dividend of $0.1875 per share. The quarterly
dividend will be paid on April 15, 2014 to shareholders of record at the close of business on April 4, 2014.
F- 36
Source: DSW Inc., 10-K, March 27, 2014 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.