DSW 2014 Annual Report Download - page 72

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Table of Contents


Thirteen weeks ended
May 4, 2013
August 3, 2013
November 2,
2013
February 1, 2014
(in thousands, except per share data)
Net sales $ 601,362
$ 562,063
$ 632,976
$ 572,267
Cost of sales (418,365)
(378,621)
(420,106)
(412,289)
Operating expenses (128,711)
(129,461)
(124,614)
(115,113)
Operating profit 54,286
53,981
88,256
44,865
Interest income, net 340
481
1,036
762
Income from continuing operations before income taxes 54,626
54,462
89,292
45,627
Income tax provision (20,111)
(20,742)
(34,331)
(17,521)
Net income $ 34,515
$ 33,720
$ 54,961
$ 28,106
Diluted earnings per share(1): $ 0.38
$ 0.37
$ 0.60
$ 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 February 17, 2015, DSW Inc.'s Board of Directors increased the Company's quarterly cash dividend from $0.1875 per share to $0.20 per share.
The dividend will be paid on March 31, 2015 to shareholders of record at the close of business on March 20, 2015.
Union Square- See Note 16 for a subsequent event related to litigation related to Union Square.
F- 32
Source: DSW Inc., 10-K, March 26, 2015 Powered by Morningstar® Document Research℠
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