Dillard's 2012 Annual Report Download - page 21

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The items below are included in the Selected Financial Data.
2012
The items below amount to a net $9.8 million pretax gain ($26.2 million after tax gain or $0.54 per
share).
• an $11.4 million pretax gain ($7.4 million after tax or $0.15 per share) related to the sale of
three former retail store locations.
• a $1.6 million pretax charge ($1.0 million after tax or $0.02 per share) for asset impairment and
store closing charges related to the write-down of a property held for sale and of an operating
property (see Note 13 of Notes to Consolidated Financial Statements).
• a $1.7 million income tax benefit ($0.03 per share) due to a reversal of a valuation allowance
related to a deferred tax asset consisting of a capital loss carryforward (see Note 6 of Notes to
Consolidated Financial Statements).
• an $18.1 million income tax benefit ($0.37 per share) due to a one-time deduction related to
dividends paid to the Dillard’s, Inc. Investment and Employee Stock Ownership Plan (see
Note 6 of Notes to Consolidated Financial Statements).
2011
The items below amount to a net $50.9 million pretax gain ($234.5 million after tax gain or $4.31
per share).
• a $201.6 million income tax benefit ($3.70 per share) due to a reversal of a valuation allowance
related to the amount of the capital loss carryforward used to offset the capital gain income
recognized on the taxable transfer of properties to our REIT (see Note 6 of Notes to
Consolidated Financial Statements).
• a $44.5 million pretax gain ($28.7 million after tax or $0.53 per share), net of settlement related
expenses, related to the settlement of a lawsuit with JDA Software Group for $57.0 million.
• a $4.2 million pretax gain ($2.7 million after tax or $0.05 per share) related to a distribution
from a mall joint venture (see Note 1 of Notes to Consolidated Financial Statements).
• a $2.1 million pretax gain ($1.4 million after tax or $0.03 per share) related to the sale of an
interest in a mall joint venture (see Note 1 of Notes to Consolidated Financial Statements).
• a $1.3 million pretax gain ($0.9 million after tax or $0.02 per share) related to the sale of two
former retail store locations.
• a $1.2 million pretax charge ($0.8 million after tax or $0.01 per share) for asset impairment and
store closing charges related to the write-down of one property held for sale (see Note 13 of the
Notes to Consolidated Financial Statements).
2010
The items below amount to a net $10.4 million pretax gain ($16.4 million after tax gain or $0.24
per share).
• a $2.2 million pretax charge ($1.4 million after tax or $0.02 per share) for asset impairment and
store closing charges related to the write-down of one property held for sale (see Note 13 of the
Notes to Consolidated Financial Statements).
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