The following table sets forth the computation of basic and diluted earnings per common share attributable to Caleres, Inc. shareholders for the periods ended April 29, 2017 and April 30, 2016: | | | | | | | | | Thirteen Weeks Ended | ($ thousands, except per share amounts) | April 29, 2017 |
| April 30, 2016 |
| NUMERATOR | |
| |
| Net earnings | $ | 14,884 |
| $ | 17,878 |
| Net loss (earnings) attributable to noncontrolling interests | 18 |
| (96 | ) | Net earnings allocated to participating securities | (408 | ) | (486 | ) | Net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities | $ | 14,494 |
| $ | 17,296 |
| | | | DENOMINATOR | |
| |
| Denominator for basic earnings per common share attributable to Caleres, Inc. shareholders | 41,832 |
| 42,433 |
| Dilutive effect of share-based awards | 169 |
| 163 |
| Denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders | 42,001 |
| 42,596 |
|
| | | Basic earnings per common share attributable to Caleres, Inc. shareholders | $ | 0.35 |
| $ | 0.41 |
|
| | | Diluted earnings per common share attributable to Caleres, Inc. shareholders | $ | 0.35 |
| $ | 0.41 |
|
|