Company Quick10K Filing
Genesco
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 17 $699
10-Q 2019-12-12 Quarter: 2019-11-02
10-Q 2019-09-12 Quarter: 2019-08-03
10-Q 2019-06-13 Quarter: 2019-05-04
10-K 2019-04-03 Annual: 2019-02-02
10-Q 2018-12-13 Quarter: 2018-11-03
10-Q 2018-09-13 Quarter: 2018-08-04
10-Q 2018-06-14 Quarter: 2018-05-05
10-K 2018-04-04 Annual: 2018-02-03
10-Q 2017-12-07 Quarter: 2017-10-28
10-Q 2017-09-07 Quarter: 2017-07-29
10-Q 2017-06-08 Quarter: 2017-04-29
10-K 2017-03-29 Annual: 2017-01-28
10-Q 2016-12-08 Quarter: 2016-10-29
10-Q 2016-09-08 Quarter: 2016-07-30
10-Q 2016-06-09 Quarter: 2016-04-30
10-K 2016-03-30 Annual: 2016-01-30
10-Q 2015-12-10 Quarter: 2015-10-31
10-Q 2015-09-10 Quarter: 2015-08-01
10-Q 2015-06-11 Quarter: 2015-05-02
10-K 2015-04-01 Annual: 2015-01-31
10-Q 2014-12-11 Quarter: 2014-11-01
10-Q 2014-09-11 Quarter: 2014-08-02
10-Q 2014-06-12 Quarter: 2014-05-03
10-K 2014-04-02 Annual: 2014-02-01
10-Q 2013-09-12 Quarter: 2013-08-03
10-Q 2013-06-13 Quarter: 2013-05-04
10-K 2013-04-03 Annual: 2013-02-02
10-Q 2012-12-06 Quarter: 2012-10-27
10-Q 2012-09-06 Quarter: 2012-07-28
10-Q 2012-06-07 Quarter: 2012-04-28
10-K 2012-03-28 Annual: 2012-01-28
10-Q 2011-12-08 Quarter: 2011-10-29
10-Q 2011-09-08 Quarter: 2011-07-30
10-Q 2011-06-09 Quarter: 2011-04-30
10-K 2011-03-30 Annual: 2011-01-29
10-Q 2010-12-09 Quarter: 2010-10-30
10-Q 2010-09-09 Quarter: 2010-07-31
10-Q 2010-06-09 Quarter: 2010-05-01
10-K 2010-03-31 Annual: 2010-01-30
8-K 2020-02-12 Other Events, Exhibits
8-K 2020-01-13 Regulation FD, Exhibits
8-K 2020-01-02 M&A, Regulation FD, Exhibits
8-K 2019-12-18 Enter Agreement, Regulation FD, Exhibits
8-K 2019-12-06 Earnings, Exhibits
8-K 2019-11-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-11-04 Officers, Exhibits
8-K 2019-10-31 Officers, Exhibits
8-K 2019-10-01 Other Events, Exhibits
8-K 2019-09-18 Regulation FD, Exhibits
8-K 2019-09-06 Earnings, Exhibits
8-K 2019-07-02 Shareholder Vote
8-K 2019-06-12 Officers, Exhibits
8-K 2019-06-04 Regulation FD, Exhibits
8-K 2019-05-31 Earnings, Regulation FD, Exhibits
8-K 2019-05-06 Other Events, Exhibits
8-K 2019-05-01 Officers, Exhibits
8-K 2019-03-14 Earnings, Exhibits
8-K 2019-02-05 Enter Agreement, M&A, Off-BS Arrangement, Officers, Regulation FD, Exhibits
8-K 2019-01-14 Regulation FD, Exhibits
8-K 2018-12-19 Exit Costs, Impairments
8-K 2018-12-14 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-12-06 Earnings, Exhibits
8-K 2018-11-15 Officers
8-K 2018-09-11 Regulation FD
8-K 2018-09-07 Earnings, Exhibits
8-K 2018-07-02 Shareholder Vote
8-K 2018-06-05 Regulation FD
8-K 2018-06-05 Earnings, Exhibits
8-K 2018-04-25 Enter Agreement, Officers, Regulation FD, Exhibits
8-K 2018-03-15 Earnings, Exhibits
8-K 2018-02-13 Other Events, Exhibits
8-K 2018-02-02 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-01-17 Regulation FD, Exhibits
8-K 2018-01-17 Officers, Exhibits
8-K 2018-01-08 Regulation FD, Exhibits
GCO 2019-11-02
Part I - Financial Information
Item 1. Financial Statements (Unaudited)
Note 1
Note 2
Note 3
Note 4
Note 5
Note 6
Note 7
Note 8
Note 9
Note 10
Note 11
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 4. Controls and Procedures
Part II - Other Information
Item 1. Legal Proceedings
Item 1A. Risk Factors
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Item 6. Exhibits
EX-31.1 genescoexhibit311q3fy20.htm
EX-31.2 genescoexhibit312q3fy20.htm
EX-32.1 genescoexhibit321q3fy20.htm
EX-32.2 genescoexhibit322q3fy20.htm

Genesco Earnings 2019-11-02

GCO 10Q Quarterly Report

Balance SheetIncome StatementCash Flow

Comparables ($MM TTM)
Ticker M Cap Assets Liab Rev G Profit Net Inc EBITDA EV G Margin EV/EBITDA ROA
ANF 1,065 3,407 2,404 3,592 2,153 75 290 795 60% 2.7 2%
BOOT 1,012 811 535 801 262 42 70 1,098 33% 15.6 5%
BKE 1,003 872 469 885 363 93 115 825 41% 7.2 11%
ZUMZ 834 882 478 995 344 53 102 764 35% 7.5 6%
GCO 699 1,756 1,171 2,371 1,150 -43 35 717 49% 20.5 -2%
CHS 497 1,626 1,077 2,051 699 -10 86 447 34% 5.2 -1%
SCVL 481 693 390 1,026 305 39 74 443 30% 6.0 6%
LE 456 1,110 797 1,405 595 10 65 759 42% 11.7 1%
CATO 404 657 323 863 346 51 72 376 40% 5.2 8%
DLTH 322 434 281 593 318 12 40 344 54% 8.6 3%

Document
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Table of Contents

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 10-Q
 
(Mark One)
 
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarter Ended November 2, 2019
 
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from              to             
Commission File No. 1-3083
Genesco Inc.
(Exact name of registrant as specified in its charter)
 
 
Tennessee
 
62-0211340
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer
Identification No.)
 
 
 
 
Genesco Park,
1415 Murfreesboro Pike
 
37217-2895
Nashville,
Tennessee
 
(Zip Code)
(Address of principal executive offices)
 
Registrant's telephone number, including area code: (615) 367-7000
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1.00 par value
GCO
New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90 days.    Yes      No  
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes      No  
Indicate by check mark whether the registrant is a large accelerated filer; an accelerated filer; a non-accelerated filer; a smaller reporting company; or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act:
 
Large accelerated filer
 
 
Accelerated filer
 
 
 
 
Non-accelerated filer
 
 
Smaller reporting company
Emerging growth company
 
 
 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Table of Contents

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)    Yes      No  
As of November 29, 2019, 14,700,187 shares of the registrant's common stock were outstanding.
 


Table of Contents

INDEX
 
 
 
 
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds



3

Table of Contents

PART I - FINANCIAL INFORMATION
Item 1. Financial Statements (unaudited)
Genesco Inc.
and Subsidiaries
Condensed Consolidated Balance Sheets
(In thousands, except share amounts)

Assets
November 2,
2019

 
February 2,
2019

 
November 3,
2018

Current Assets:
 
 
 
 
 
  Cash and cash equivalents
$
55,826

 
$
167,355

 
$
53,423

  Accounts receivable, net of allowances of $2,457 at Nov. 2, 2019,
 
 
 
 
 
$2,894 at Feb. 2, 2019 and $3,217 at Nov. 3, 2018
34,849

 
132,390

 
39,158

  Inventories
473,940

 
366,667

 
454,673

  Prepaids and other current assets
36,179

 
64,634

 
60,159

  Current assets - discontinued operations

 

 
235,689

Total current assets
600,794

 
731,046

 
843,102

 
 
 
 
 
 
Property and equipment:
 
 
 
 
 
Land
7,943

 
7,953

 
7,934

Buildings and building equipment
82,467

 
82,621

 
82,317

Computer hardware, software and equipment
139,814

 
138,147

 
135,297

Furniture and fixtures
130,013

 
129,625

 
128,919

Construction in progress
12,911

 
5,920

 
13,230

Improvements to leased property
339,721

 
341,134

 
339,995

Property and equipment, at cost
712,869

 
705,400

 
707,692

Accumulated depreciation
(451,588
)
 
(428,025
)
 
(421,839
)
Property and equipment, net
261,281

 
277,375

 
285,853

Operating lease right of use asset
750,855

 

 

Goodwill
92,166

 
93,081

 
92,396

Trademarks, net of accumulated amortization of zero at Nov. 2, 2019,
 
 
 
 
 
   Feb. 2, 2019 and Nov. 3, 2018
30,637

 
30,904

 
30,714

Other intangibles, net of accumulated amortization of $1,794 at
 
 
 
 
 
Nov. 2, 2019, $4,680 at Feb. 2, 2019 and $4,574 at Nov. 3, 2018

 
943

 
1,014

Deferred income taxes
25,188

 
21,335

 
25,015

Other noncurrent assets
24,571

 
26,397

 
27,697

Non-current assets - discontinued operations

 

 
124,922

Total Assets
$
1,785,492

 
$
1,181,081

 
$
1,430,713










4


Genesco Inc.
and Subsidiaries
Condensed Consolidated Balance Sheets
(In thousands, except share amounts)

Liabilities and Equity
November 2,
2019

 
February 2,
2019

 
November 3,
2018

Current Liabilities:
 
 
 
 
 
  Accounts payable
$
195,906

 
$
158,603

 
$
176,451

  Accrued employee compensation
31,531

 
43,246

 
28,716

  Accrued other taxes
12,978

 
17,389

 
16,459

  Accrued income taxes
73

 
2,133

 
69

  Current portion – long-term debt
17,146

 
8,992

 
9,325

  Current portion - operating lease liability
145,788

 

 

  Other accrued liabilities
44,614

 
45,313

 
40,204

  Provision for discontinued operations
488

 
553

 
470

  Current liabilities - discontinued operations

 

 
100,598

Total current liabilities
448,524

 
276,229

 
372,292

Long-term debt
62,368

 
56,751

 
72,455

Long-term operating lease liability
663,168

 

 

Other long-term liabilities
36,138

 
108,704

 
117,782

Provision for discontinued operations
1,846

 
1,846

 
1,743

Non-current liabilities - discontinued operations

 

 
24,680

Total liabilities
1,212,044

 
443,530

 
588,952

Commitments and contingent liabilities

 

 

Equity:
 
 
 
 
 
Non-redeemable preferred stock
1,011

 
1,060

 
1,061

Common equity:
 
 
 
 
 
Common stock, $1 par value:
 
 
 
 
 
Authorized: 80,000,000 shares
 
 
 
 
 
Issued/Outstanding:
 
 
 
 
 
Nov. 2, 2019 – 15,188,651/14,700,187
 
 
 
 
 
February 2, 2019 – 19,591,048/19,102,584
 
 
 
 
 
Nov. 3, 2018 – 20,681,008/20,192,544
15,189

 
19,591

 
20,681

Additional paid-in capital
271,505

 
264,138

 
260,709

Retained earnings
343,156

 
508,555

 
617,923

Accumulated other comprehensive loss
(39,556
)
 
(37,936
)
 
(43,054
)
Treasury shares, at cost (488,464 shares)
(17,857
)
 
(17,857
)
 
(17,857
)
Total Genesco equity
573,448

 
737,551

 
839,463

Noncontrolling interest – non-redeemable

 

 
2,298

Total equity
573,448

 
737,551

 
841,761

Total Liabilities and Equity
$
1,785,492

 
$
1,181,081

 
$
1,430,713


The accompanying Notes are an integral part of these Condensed Consolidated Financial Statements.

5


Genesco Inc.
and Subsidiaries
Condensed Consolidated Statements of Operations
(In thousands, except per share amounts)

 
Three Months Ended
Nine Months Ended
 
November 2,
2019

 
November 3,
2018

November 2,
2019

 
November 3,
2018

Net sales
$
537,263

 
$
539,828

$
1,519,487

 
$
1,513,062

Cost of sales
273,061

 
277,910

773,844

 
781,669

Selling and administrative expenses
237,460

 
235,601

705,811

 
699,200

Asset impairments and other, net
799

 
(70
)
1,843

 
1,019

Operating income
25,943

 
26,387

37,989

 
31,174

Other components net periodic benefit cost
(92
)
 
(30
)
(271
)
 
(67
)
Interest expense, net:
 
 
 
 
 
 
Interest expense
808

 
984

2,491

 
3,144

Interest income
(206
)
 
(147
)
(1,708
)
 
(176
)
Total interest expense, net
602

 
837

783

 
2,968

Earnings from continuing operations before
 
 
 
 
 
 
  income taxes
25,433

 
25,580

37,477

 
28,273

Income tax expense
6,454

 
5,886

11,235

 
6,748

Earnings from continuing operations
18,979

 
19,694

26,242

 
21,525

Loss from discontinued operations, net of tax
(80
)
 
(5,307
)
(420
)
 
(9,484
)
Net Earnings
$
18,899

 
$
14,387

$
25,822

 
$
12,041

 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
Continuing operations
$
1.31

 
$
1.01

$
1.64

 
$
1.11

Discontinued operations
0.00

 
(0.27
)
(0.03
)
 
(0.49
)
     Net earnings
$
1.31

 
$
0.74

$
1.61

 
$
0.62

Diluted earnings per common share:
 
 
 
 
 
 
Continuing operations
$
1.31

 
$
1.00

$
1.63

 
$
1.10

Discontinued operations
(0.01
)
 
(0.27
)
(0.03
)
 
(0.48
)
    Net earnings
$
1.30

 
$
0.73

$
1.60

 
$
0.62


The accompanying Notes are an integral part of these Condensed Consolidated Financial Statements.


6


Genesco Inc.
and Subsidiaries
Condensed Consolidated Statements of Comprehensive Income
(In thousands)

 
Three Months Ended
Nine Months Ended
 
November 2,
2019

 
November 3,
2018

November 2,
2019

 
November 3,
2018

Net earnings
$
18,899

 
$
14,387

$
25,822

 
$
12,041

Other comprehensive income (loss):
 
 
 
 
 
 
Pension liability adjustments, net of tax
51

 
145

157

 
430

Postretirement liability adjustments, net of tax
(167
)
 
11

(500
)
 
48

Foreign currency translation adjustments
8,715

 
(466
)
(1,277
)
 
(14,340
)
Total other comprehensive income (loss)
8,599

 
(310
)
(1,620
)
 
(13,862
)
Comprehensive income (loss)
$
27,498

 
$
14,077

$
24,202

 
$
(1,821
)

The accompanying Notes are an integral part of these Condensed Consolidated Financial Statements.


7


Genesco Inc.
and Subsidiaries
Condensed Consolidated Statements of Cash Flows
(In thousands)
 
 
Three Months Ended
Nine Months Ended
 
November 2,
2019

 
November 3,
2018

November 2,
2019

 
November 3,
2018

CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
Net earnings
$
18,899

 
$
14,387

$
25,822

 
$
12,041

Adjustments to reconcile net earnings to net cash provided by
 
 
 
 
 
 
 (used in) operating activities:
 
 
 
 
 
 
Depreciation and amortization
12,180

 
19,151

37,298

 
58,069

Amortization of deferred note expense and debt discount
98

 
146

315

 
447

Deferred income taxes
(1,842
)
 
(1,976
)
(3,127
)
 
(1,926
)
Provision (recoveries) on accounts receivable
(167
)
 
50

(76
)
 
(53
)
Gain on sale of business

 

86

 

Impairment of intangible assets
268

 
5,736

268

 
5,736

Impairment of long-lived assets
531

 
1,522

1,569

 
3,724

Restricted stock expense
2,617

 
3,408

7,485

 
10,130

Provision for discontinued operations
107

 
178

487

 
455

Other
28

 
(566
)
803

 
1,005

Effect on cash from changes in working capital and other
 
 
 
 
 
 
assets and liabilities, net of acquisitions:
 
 
 
 
 
 
  Accounts receivable
(7,752
)
 
(10,315
)
(5,158
)
 
(8,219
)
  Inventories
(25,566
)
 
(59,680
)
(107,657
)
 
(130,537
)
  Prepaids and other current assets
9,343

 
3,897

11,001

 
(6,949
)
  Accounts payable
30,892

 
37,599

51,756

 
110,587

  Other accrued liabilities
2,436

 
3,949

(17,225
)
 
3,961

  Other assets and liabilities
(1,158
)
 
(2,231
)
(841
)
 
(174
)
Net cash provided by operating activities
40,914

 
15,255

2,806

 
58,297

CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
  Capital expenditures
(8,137
)
 
(16,082
)
(21,388
)
 
(47,208
)
  Other investing activities

 
872

23

 
1,505

  Proceeds from sale of business and asset sales

 
23

98,707

 
297

Net cash provided by (used in) investing activities
(8,137
)
 
(15,187
)
77,342

 
(45,406
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
  Payments of long-term debt

 
(400
)
(789
)
 
(1,240
)
  Borrowings under revolving credit facility
24,291

 
33,946

74,123

 
239,942

  Payments on revolving credit facility
(21,839
)
 
(34,535
)
(59,042
)
 
(239,554
)
  Share repurchases related to share repurchase program
(43,849
)
 

(189,210
)
 

  Restricted shares withheld for taxes

 

(2,209
)
 
(2,433
)
  Change in overdraft balances
6,027

 
4,643

(14,191
)
 
8,316

  Additions to deferred note cost

 


 
(359
)
  Other

 
(73
)

 
(3,282
)
Net cash provided by (used in) financing activities
(35,370
)
 
3,581

(191,318
)
 
1,390

Effect of foreign exchange rate fluctuations on cash
454

 
(12
)
(359
)
 
(795
)
Net Increase (Decrease) in Cash and Cash Equivalents
(2,139
)
 
3,637

(111,529
)
 
13,486

Cash and cash equivalents at beginning of period(1)
57,965

 
49,786

167,355

 
39,937

Cash and cash equivalents at end of period(1)
$
55,826

 
$
53,423

$
55,826

 
$
53,423

Supplemental Cash Flow Information:
 
 
 
 
 
 
Net cash paid for:
 
 
 
 
 
 
Interest
$
639

 
$
628

$
2,146

 
$
2,352

Income taxes
(253
)
 
2,080

3,542

 
12,041

(1) The cash flows related to discontinued operations have not been segregated and are included in the Condensed Consolidated Cash Flows for the three and nine months ended November 3, 2018.

The accompanying Notes are an integral part of these Condensed Consolidated Financial Statements.

8


Genesco Inc.
and Subsidiaries
Condensed Consolidated Statements of Equity
(In thousands)

 

Non-Redeemable
Preferred
Stock

 
Common
Stock

 
Additional
Paid-In
Capital

 
Retained
Earnings

 
Accumulated
Other
Comprehensive Loss

 
Treasury
Shares

 
Non Controlling
Interest
Non-Redeemable

 
Total
Equity

Balance February 3, 2018
$
1,052

 
$
20,392

 
$
250,877

 
$
603,902

 
$
(29,192
)
 
$
(17,857
)
 
$
1,530

 
$
830,704

Cumulative adjustment from ASC 606, net of tax

 

 

 
4,413

 

 

 

 
4,413

Net loss

 

 

 
(2,331
)
 

 

 

 
(2,331
)
Other comprehensive loss

 

 

 

 
(7,698
)
 

 

 
(7,698
)
Employee and non-employee restricted stock

 

 
3,354

 

 

 

 

 
3,354

Restricted stock issuance

 
14

 
(14
)
 

 

 

 

 

Other
(12
)
 
(2
)
 
13

 

 

 

 

 
(1
)
Noncontrolling interest – earnings

 

 

 

 

 

 
398

 
398

Balance May 5, 2018
1,040

 
20,404

 
254,230

 
605,984

 
(36,890
)
 
(17,857
)
 
1,928

 
828,839

Net loss

 

 

 
(15
)
 

 

 

 
(15
)
Other comprehensive loss

 

 

 

 
(5,854
)
 

 

 
(5,854
)
Employee and non-employee restricted stock

 

 
3,368

 

 

 

 

 
3,368

Restricted stock issuance

 
375

 
(375
)
 

 

 

 

 

Restricted shares withheld for taxes

 
(61
)
 
61

 
(2,433
)
 

 

 

 
(2,433
)
Other
24

 
(34
)
 
11

 

 

 

 

 
1

Noncontrolling interest – earnings

 

 

 

 

 

 
252

 
252

Balance August 4, 2018
1,064

 
20,684

 
257,295

 
603,536

 
(42,744
)
 
(17,857
)
 
2,180

 
824,158

Net earnings

 

 

 
14,387

 

 

 

 
14,387

Other comprehensive loss

 

 

 

 
(310
)
 

 

 
(310
)
Employee and non-employee restricted stock

 

 
3,408

 

 

 

 

 
3,408

Other
(3
)
 
(3
)
 
6

 

 

 

 

 

Noncontrolling interest – earnings

 

 

 

 

 

 
118

 
118

Balance November 3, 2018
$
1,061

 
$
20,681

 
$
260,709

 
$
617,923

 
$
(43,054
)
 
$
(17,857
)
 
$
2,298

 
$
841,761
























9


Genesco Inc.
and Subsidiaries
Condensed Consolidated Statements of Equity
(In thousands)

 

Non-Redeemable
Preferred
Stock

 
Common
Stock

 
Additional
Paid-In
Capital

 
Retained
Earnings

 
Accumulated
Other
Comprehensive Loss

 
Treasury
Shares

 
Non Controlling
Interest
Non-Redeemable

 
Total
Equity

Balance February 2, 2019
$
1,060

 
$
19,591

 
$
264,138

 
$
508,555

 
$
(37,936
)
 
$
(17,857
)
 
$

 
$
737,551

Cumulative adjustment from ASC 842, net of tax

 

 

 
(4,208
)
 

 

 

 
(4,208
)
Net earnings
 
 

 

 
6,346

 

 

 

 
6,346

Other comprehensive earnings

 

 

 

 
968

 

 

 
968

Employee and non-employee restricted stock

 

 
2,239

 

 

 

 

 
2,239

Shares repurchased

 
(1,809
)
 

 
(78,162
)
 

 

 

 
(79,971
)
Other
(48
)
 
(29
)
 
78

 

 

 

 

 
1

Balance May 4, 2019
1,012

 
17,753

 
266,455

 
432,531

 
(36,968
)
 
(17,857
)
 

 
662,926

Net earnings

 

 

 
577

 

 

 

 
577

Other comprehensive loss

 

 

 

 
(11,187
)
 

 

 
(11,187
)
Employee and non-employee restricted stock

 

 
2,629

 

 

 

 

 
2,629

Shares repurchased

 
(1,611
)
 

 
(66,503
)
 

 

 

 
(68,114
)
Restricted stock issuance

 
285

 
(285
)
 

 

 

 

 

Restricted shares withheld for taxes

 
(56
)
 
56

 
(2,209
)
 

 

 

 
(2,209
)
Other
(2
)
 
(26
)
 
27

 

 

 

 

 
(1
)
Balance August 3, 2019
1,010

 
16,345

 
268,882

 
364,396

 
(48,155
)
 
(17,857
)
 

 
584,621

Net earnings

 

 

 
18,899

 

 

 

 
18,899

Employee and non-employee restricted stock

 

 
2,617

 

 

 

 

 
2,617