Dillard's 2014 Annual Report Download - page 19

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14
• a $5.4 million pretax charge ($3.5 million after tax or $0.08 per share) for asset impairment and store closing
charges related to the write-down of certain cost method investments (see Note 14 of the Notes to Consolidated
Financial Statements).
• a $1.5 million pretax gain ($1.0 million after tax or $0.02 per share) related to a pension adjustment (see Note 8
of the Notes to Consolidated Financial Statements).
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 14 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.
• 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.
• 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.
• 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.
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.
• a $7.5 million pretax gain ($4.8 million after tax or $0.07 per share) on proceeds received for final payment
related to hurricane losses.
• a $5.1 million pretax gain ($3.3 million after tax or $0.05 per share) related to the sale of five retail store
locations.
• a $9.7 million income tax benefit ($0.14 per share) primarily related to net decreases in unrecognized tax
benefits, interest and penalties due to resolutions of federal and state examinations; decreases in state net
operating loss valuation allowances; and a decrease in a capital loss valuation allowance.