| Schedule of Changes in Shareholders' Equity and Noncontrolling Interests |
The following tables set forth the changes in Caleres, Inc. shareholders’ equity and noncontrolling interests for the thirteen weeks ended April 29, 2017 and April 30, 2016:
| | | | | | | | | | | ($ thousands) | Caleres, Inc. Shareholders’ Equity |
| Noncontrolling Interests |
| Total Equity |
| Equity at January 28, 2017 | $ | 613,117 |
| $ | 1,369 |
| $ | 614,486 |
| Net earnings (loss) | 14,902 |
| (18 | ) | 14,884 |
| Other comprehensive income (loss) | 656 |
| (5 | ) | 651 |
| Dividends paid | (3,025 | ) | — |
| (3,025 | ) | Acquisition of treasury stock | (5,993 | ) | — |
| (5,993 | ) | Issuance of common stock under share-based plans, net | (2,422 | ) | — |
| (2,422 | ) | Cumulative-effect adjustment from adoption of ASU 2016-09 | 441 |
| — |
| 441 |
| Share-based compensation expense | 2,711 |
| — |
| 2,711 |
| Equity at April 29, 2017 | $ | 620,387 |
| $ | 1,346 |
| $ | 621,733 |
|
| | | | | | | | | | | ($ thousands) | Caleres, Inc. Shareholders’ Equity |
| Noncontrolling Interests |
| Total Equity |
| Equity at January 30, 2016 | $ | 601,484 |
| $ | 988 |
| $ | 602,472 |
| Net earnings | 17,782 |
| 96 |
| 17,878 |
| Other comprehensive income | 1,810 |
| 14 |
| 1,824 |
| Dividends paid | (3,068 | ) | — |
| (3,068 | ) | Acquisition of treasury stock | (12,130 | ) | — |
| (12,130 | ) | Issuance of common stock under share-based plans, net | (4,149 | ) | — |
| (4,149 | ) | Excess tax benefit related to share-based plans | 3,163 |
| — |
| 3,163 |
| Share-based compensation expense | 1,987 |
| — |
| 1,987 |
| Equity at April 30, 2016 | $ | 606,879 |
| $ | 1,098 |
| $ | 607,977 |
|
|
| Schedule of Accumulated Other Comprehensive Loss |
The following table sets forth the changes in accumulated other comprehensive loss (OCL) by component for the thirteen weeks ended April 29, 2017 and April 30, 2016: | | | | | | | | | | | | | | ($ thousands) | Foreign Currency Translation |
| Pension and Other Postretirement Transactions (1) |
| Derivative Financial Instrument Transactions (2) |
| Accumulated Other Comprehensive (Loss) Income |
| Balance January 28, 2017 | $ | 192 |
| $ | (30,084 | ) | $ | (542 | ) | $ | (30,434 | ) | Other comprehensive (loss) income before reclassifications | (540 | ) | — |
| 753 |
| 213 |
| Reclassifications: | | | | | Amounts reclassified from accumulated other comprehensive loss | — |
| 679 |
| 47 |
| 726 |
| Tax benefit | — |
| (261 | ) | (22 | ) | (283 | ) | Net reclassifications | — |
| 418 |
| 25 |
| 443 |
| Other comprehensive (loss) income | (540 | ) | 418 |
| 778 |
| 656 |
| Balance April 29, 2017 | $ | (348 | ) | $ | (29,666 | ) | $ | 236 |
| $ | (29,778 | ) | | | | | | Balance January 30, 2016 | $ | (900 | ) | $ | (5,356 | ) | $ | 392 |
| $ | (5,864 | ) | Other comprehensive income (loss) before reclassifications | 2,310 |
| — |
| (288 | ) | 2,022 |
| Reclassifications: | | | | | Amounts reclassified from accumulated other comprehensive loss | — |
| (477 | ) | 123 |
| (354 | ) | Tax provision (benefit) | — |
| 189 |
| (47 | ) | 142 |
| Net reclassifications | — |
| (288 | ) | 76 |
| (212 | ) | Other comprehensive income (loss) | 2,310 |
| (288 | ) | (212 | ) | 1,810 |
| Balance April 30, 2016 | $ | 1,410 |
| $ | (5,644 | ) | $ | 180 |
| $ | (4,054 | ) |
| | (1) | Amounts reclassified are included in selling and administrative expenses. See Note 11 to the condensed consolidated financial statements for additional information related to pension and other postretirement benefits. |
| | (2) | Amounts reclassified are included in net sales, costs of goods sold, selling and administrative expenses and interest expense. See Notes 12 and 13 to the condensed consolidated financial statements for additional information related to derivative financial instruments. |
|