Document_and_Entity_Informatio
Document and Entity Information | 3 Months Ended | ||
3-May-14 | 23-May-14 | 23-May-14 | |
Common Stock | Class B Common Stock | ||
Entity Registrant Name | 'DICKS SPORTING GOODS INC | ' | ' |
Entity Central Index Key | '0001089063 | ' | ' |
Current Fiscal Year End Date | '--01-31 | ' | ' |
Entity Filer Category | 'Large Accelerated Filer | ' | ' |
Document Type | '10-Q | ' | ' |
Document Period End Date | 3-May-14 | ' | ' |
Document Fiscal Year Focus | '2014 | ' | ' |
Document Fiscal Period Focus | 'Q1 | ' | ' |
Amendment Flag | 'false | ' | ' |
Entity Common Stock, Shares Outstanding | ' | 97,742,703 | 24,900,870 |
Entity Current Reporting Status | 'Yes | ' | ' |
CONSOLIDATED_STATEMENTS_OF_INC
CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED (USD $) | 3 Months Ended | |
In Thousands, except Per Share data, unless otherwise specified | 3-May-14 | 4-May-13 |
Income Statement [Abstract] | ' | ' |
Net sales | $1,438,908 | $1,333,701 |
Cost of goods sold, including occupancy and distribution costs | 998,025 | 922,047 |
GROSS PROFIT | 440,883 | 411,654 |
Selling, general and administrative expenses | 322,589 | 312,708 |
Pre-opening expenses | 6,206 | 1,329 |
INCOME FROM OPERATIONS | 112,088 | 97,617 |
Interest expense | 610 | 669 |
Other income | -2,364 | -6,204 |
INCOME BEFORE INCOME TAXES | 113,842 | 103,152 |
Provision for income taxes | 43,858 | 38,331 |
NET INCOME | $69,984 | $64,821 |
EARNINGS PER COMMON SHARE: | ' | ' |
Basic (in dollars per share) | $0.58 | $0.53 |
Diluted (in dollars per share) | $0.57 | $0.52 |
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | ' | ' |
Basic (in shares) | 121,138 | 122,702 |
Diluted (in shares) | 123,360 | 125,862 |
Cash dividend declared per share (in dollars per share) | $0.13 | $0.13 |
CONSOLIDATED_STATEMENTS_OF_COM
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | 3-May-14 | 4-May-13 |
Statement of Comprehensive Income [Abstract] | ' | ' |
NET INCOME | $69,984 | $64,821 |
OTHER COMPREHENSIVE INCOME (LOSS): | ' | ' |
Foreign currency translation adjustment, net of tax | 7 | -6 |
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) | 7 | -6 |
COMPREHENSIVE INCOME | $69,991 | $64,815 |
CONSOLIDATED_BALANCE_SHEETS_UN
CONSOLIDATED BALANCE SHEETS - UNAUDITED (USD $) | 3-May-14 | Feb. 01, 2014 | 4-May-13 |
In Thousands, unless otherwise specified | |||
CURRENT ASSETS: | ' | ' | ' |
Cash and cash equivalents | $139,372 | $181,731 | $113,889 |
Accounts receivable, net | 66,479 | 60,779 | 46,064 |
Income taxes receivable | 6,861 | 7,275 | 3,250 |
Inventories, net | 1,480,724 | 1,232,065 | 1,312,737 |
Prepaid expenses and other current assets | 93,751 | 99,386 | 84,275 |
Deferred income taxes | 33,715 | 38,835 | 42,707 |
Total current assets | 1,820,902 | 1,620,071 | 1,602,922 |
Property and equipment, net | 1,077,254 | 1,084,529 | 876,734 |
Intangible assets, net | 97,795 | 98,255 | 98,380 |
Goodwill | 200,594 | 200,594 | 200,594 |
Other assets: | ' | ' | ' |
Deferred income taxes | 2,606 | 2,477 | 3,798 |
Other | 70,286 | 65,561 | 155,447 |
Total other assets | 72,892 | 68,038 | 159,245 |
TOTAL ASSETS | 3,269,437 | 3,071,487 | 2,937,875 |
CURRENT LIABILITIES: | ' | ' | ' |
Accounts payable | 701,005 | 562,439 | 658,626 |
Accrued expenses | 273,761 | 265,040 | 246,652 |
Deferred revenue and other liabilities | 134,406 | 154,384 | 120,767 |
Income taxes payable | 34,914 | 19,825 | 18,469 |
Current portion of other long-term debt and leasing obligations | 459 | 899 | 8,407 |
Total current liabilities | 1,144,545 | 1,002,587 | 1,052,921 |
LONG-TERM LIABILITIES: | ' | ' | ' |
Other long-term debt and leasing obligations | 6,356 | 6,476 | 7,137 |
Deferred income taxes | 25,965 | 38,617 | 5,788 |
Deferred revenue and other liabilities | 357,359 | 331,628 | 295,487 |
Total long-term liabilities | 389,680 | 376,721 | 308,412 |
COMMITMENTS AND CONTINGENCIES | ' | ' | ' |
STOCKHOLDERS' EQUITY: | ' | ' | ' |
Additional paid-in capital | 972,338 | 958,943 | 894,237 |
Retained earnings | 1,242,140 | 1,187,514 | 961,517 |
Accumulated other comprehensive income | 31 | 24 | 106 |
Treasury stock, at cost | -480,508 | -455,512 | -280,544 |
Total stockholders' equity | 1,735,212 | 1,692,179 | 1,576,542 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 3,269,437 | 3,071,487 | 2,937,875 |
Common Stock | ' | ' | ' |
STOCKHOLDERS' EQUITY: | ' | ' | ' |
Common stock | 962 | 961 | 977 |
Class B Common Stock | ' | ' | ' |
STOCKHOLDERS' EQUITY: | ' | ' | ' |
Common stock | $249 | $249 | $249 |
CONSOLIDATED_STATEMENTS_OF_CHA
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - UNAUDITED (USD $) | Total | Additional Paid-In Capital | Retained Earnings | Accumulated Other Comprehensive Income | Treasury Stock | Common Stock | Common Stock |
In Thousands, except Share data, unless otherwise specified | Class B Common Stock | ||||||
BALANCE at Feb. 01, 2014 | $1,692,179 | $958,943 | $1,187,514 | $24 | ($455,512) | $961 | $249 |
BALANCE (in shares) at Feb. 01, 2014 | ' | ' | ' | ' | ' | 96,065,661 | 24,900,870 |
Increase (Decrease) in Stockholders' Equity | ' | ' | ' | ' | ' | ' | ' |
Exercise of stock options | 7,945 | 7,942 | ' | ' | ' | 3 | ' |
Exercise of stock options (in shares) | ' | ' | ' | ' | ' | 349,529 | ' |
Restricted stock vested | 0 | -3 | ' | ' | ' | 3 | ' |
Restricted stock vested (in shares) | ' | ' | ' | ' | ' | 408,954 | ' |
Minimum tax withholding requirements | -7,499 | -7,498 | ' | ' | ' | -1 | ' |
Minimum tax withholding requirements (in shares) | ' | ' | ' | ' | ' | -133,223 | ' |
Net income | 69,984 | ' | 69,984 | ' | ' | ' | ' |
Stock-based compensation | 6,705 | 6,705 | ' | ' | ' | ' | ' |
Total tax benefit from exercise of stock options | 6,249 | 6,249 | ' | ' | ' | ' | ' |
Foreign currency translation adjustment, net of taxes of $4 | 7 | ' | ' | 7 | ' | ' | ' |
Purchase of shares for treasury | -25,000 | ' | ' | ' | -24,996 | -4 | ' |
Purchase of shares for treasury (in shares) | ' | ' | ' | ' | ' | -450,970 | ' |
Cash dividend declared | -15,358 | ' | -15,358 | ' | ' | ' | ' |
BALANCE at May. 03, 2014 | $1,735,212 | $972,338 | $1,242,140 | $31 | ($480,508) | $962 | $249 |
BALANCE (in shares) at May. 03, 2014 | ' | ' | ' | ' | ' | 96,239,951 | 24,900,870 |
CONSOLIDATED_STATEMENTS_OF_CHA1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - UNAUDITED (Parenthetical) (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | 3-May-14 |
Statement of Stockholders' Equity [Abstract] | ' |
Foreign currency translation adjustment, taxes | $4 |
CONSOLIDATED_STATEMENTS_OF_CAS
CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | 3-May-14 | 4-May-13 |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Net income | $69,984 | $64,821 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities | ' | ' |
Depreciation and amortization | 36,859 | 32,808 |
Deferred income taxes | -7,661 | -13,459 |
Stock-based compensation | 6,705 | 7,085 |
Excess tax benefit from exercise of stock options | -6,240 | -12,709 |
Tax benefit from exercise of stock options | 9 | 84 |
Gain on sale of asset | -14,428 | 0 |
Other non-cash items | 145 | 145 |
Changes in assets and liabilities: | ' | ' |
Accounts receivable | -375 | -4,880 |
Inventories | -248,659 | -216,551 |
Prepaid expenses and other assets | -14,407 | -10,455 |
Accounts payable | 168,833 | 152,061 |
Accrued expenses | -2,729 | -28,000 |
Income taxes payable / receivable | 21,743 | -25,081 |
Deferred construction allowances | 24,002 | 7,095 |
Deferred revenue and other liabilities | -19,857 | -28,316 |
Net cash provided by (used in) operating activities | 13,924 | -75,352 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Capital expenditures | -63,918 | -33,954 |
Proceeds from sale of other assets | 73,392 | 0 |
Deposits and purchases of other assets | -4 | -34,674 |
Net cash provided by (used in) investing activities | 9,470 | -68,628 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Payments on other long-term debt and leasing obligations | -560 | -731 |
Construction allowance receipts | 0 | 0 |
Proceeds from exercise of stock options | 7,945 | 12,909 |
Excess tax benefit from exercise of stock options | 6,240 | 12,709 |
Minimum tax withholding requirements | -7,499 | -12,773 |
Cash paid for treasury stock | -25,000 | -80,603 |
Cash dividend paid to stockholders | -16,619 | -18,168 |
Decrease in bank overdraft | -30,267 | -682 |
Net cash used in financing activities | -65,760 | -87,339 |
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | 7 | -6 |
NET DECREASE IN CASH AND CASH EQUIVALENTS | -42,359 | -231,325 |
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 181,731 | 345,214 |
CASH AND CASH EQUIVALENTS, END OF PERIOD | 139,372 | 113,889 |
Supplemental disclosure of cash flow information: | ' | ' |
Accrued property and equipment | 41,596 | 28,605 |
Cash paid for interest | 556 | 517 |
Cash paid for income taxes | $29,615 | $83,733 |
Basis_of_Presentation
Basis of Presentation | 3 Months Ended |
3-May-14 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Basis of Presentation | ' |
Basis of Presentation | |
Dick's Sporting Goods, Inc. (together with its subsidiaries, referred to as the "Company", "we", "us" and "our" unless specified otherwise) is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories in a specialty store environment. The Company also owns and operates Golf Galaxy, Field & Stream and True Runner specialty stores. When used in this Quarterly Report on Form 10-Q, unless the context otherwise requires or otherwise specifies, any reference to "year" is to our fiscal year. | |
The accompanying unaudited consolidated financial statements have been prepared by us in accordance with the requirements for Quarterly Reports on Form 10-Q and do not include all the disclosures normally required in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The interim consolidated financial statements are unaudited and have been prepared on the same basis as the annual audited consolidated financial statements. In the opinion of management, such unaudited consolidated financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the interim financial information. This unaudited interim financial information should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended February 1, 2014 as filed with the Securities and Exchange Commission on March 28, 2014. Operating results for the 13 weeks ended May 3, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2015 or any other period. |
Store_Closings
Store Closings | 3 Months Ended | ||||||||
3-May-14 | |||||||||
Store Closings [Abstract] | ' | ||||||||
Store Closings | ' | ||||||||
Store Closings | |||||||||
The calculation of accrued store closing and relocation reserves primarily includes future minimum lease payments, maintenance costs and taxes from the date of closure or relocation to the end of the remaining lease term, net of contractual or estimated sublease income. The liability is discounted using a credit-adjusted risk-free rate of interest. The assumptions used in the calculation of the accrued store closing and relocation reserves are evaluated each quarter. | |||||||||
The following table summarizes the activity in fiscal 2014 and 2013 (in thousands): | |||||||||
13 Weeks Ended | |||||||||
May 3, | May 4, | ||||||||
2014 | 2013 | ||||||||
Accrued store closing and relocation reserves, beginning of period | $ | 17,102 | $ | 31,785 | |||||
Expense charged to earnings | 397 | — | |||||||
Cash payments | (1,183 | ) | (2,496 | ) | |||||
Interest accretion and other changes in assumptions | 13 | (1,008 | ) | ||||||
Accrued store closing and relocation reserves, end of period | 16,329 | 28,281 | |||||||
Less: current portion of accrued store closing and relocation reserves | (5,945 | ) | (6,675 | ) | |||||
Long-term portion of accrued store closing and relocation reserves | $ | 10,384 | $ | 21,606 | |||||
The current portion of accrued store closing and relocation reserves is included within accrued expenses and the long-term portion is included within long-term deferred revenue and other liabilities on the unaudited Consolidated Balance Sheets. The related expense is recorded within selling, general and administrative expenses on the unaudited Consolidated Statements of Income. |
Earnings_Per_Common_Share
Earnings Per Common Share | 3 Months Ended | ||||||||
3-May-14 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Earnings Per Common Share | ' | ||||||||
Earnings Per Common Share | |||||||||
Basic earnings per common share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed based on the weighted average number of shares of common stock, plus the effect of dilutive potential common shares outstanding during the period, using the treasury stock method. Dilutive potential common shares include outstanding stock options, restricted stock and warrants. | |||||||||
The computations for basic and diluted earnings per common share are as follows (in thousands, except per share data): | |||||||||
13 Weeks Ended | |||||||||
May 3, | May 4, | ||||||||
2014 | 2013 | ||||||||
Net income | $ | 69,984 | $ | 64,821 | |||||
Weighted average common shares outstanding - basic | 121,138 | 122,702 | |||||||
Dilutive effect of stock-based awards | 2,222 | 3,160 | |||||||
Weighted average common shares outstanding - diluted | 123,360 | 125,862 | |||||||
Earnings per common share - basic | $ | 0.58 | $ | 0.53 | |||||
Earnings per common share - diluted | $ | 0.57 | $ | 0.52 | |||||
Anti-dilutive stock-based awards excluded from diluted calculation | 973 | 749 | |||||||
Fair_Value_Measurements
Fair Value Measurements | 3 Months Ended | ||||||||||||
3-May-14 | |||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||
Fair Value Measurements | ' | ||||||||||||
Fair Value Measurements | |||||||||||||
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). Accounting Standard Codification ("ASC") 820, "Fair Value Measurement and Disclosures", outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures and prioritizes the inputs used in measuring fair value as follows: | |||||||||||||
Level 1: | Observable inputs such as quoted prices in active markets; | ||||||||||||
Level 2: | Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and | ||||||||||||
Level 3: | Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. | ||||||||||||
Assets measured at fair value on a recurring basis as of May 3, 2014 and February 1, 2014 are set forth in the table below (in thousands): | |||||||||||||
Description | Level 1 | Level 2 | Level 3 | ||||||||||
As of May 3, 2014 | |||||||||||||
Assets: | |||||||||||||
Deferred compensation plan assets held in trust (1) | $ | 54,178 | $ | — | $ | — | |||||||
Total assets | $ | 54,178 | $ | — | $ | — | |||||||
As of February 1, 2014 | |||||||||||||
Assets: | |||||||||||||
Deferred compensation plan assets held in trust (1) | $ | 49,351 | $ | — | $ | — | |||||||
Total assets | $ | 49,351 | $ | — | $ | — | |||||||
(1) | Consists of investments in various mutual funds made by eligible individuals as part of the Company's deferred compensation plan. | ||||||||||||
The fair value of cash and cash equivalents, accounts receivable, accounts payable and certain other liabilities approximated book value due to the short-term nature of these instruments at both May 3, 2014 and February 1, 2014. | |||||||||||||
The Company uses quoted prices in active markets to determine the fair value of the aforementioned assets determined to be Level 1 instruments. The Company's policy for recognition of transfers between levels of the fair value hierarchy is to recognize any transfer at the end of the fiscal quarter in which the determination to transfer was made. The Company did not transfer any assets or liabilities among the levels within the fair value hierarchy during the 13 weeks ended May 3, 2014 or the fiscal year ended February 1, 2014. |
Subsequent_Event
Subsequent Event | 3 Months Ended |
3-May-14 | |
Subsequent Events [Abstract] | ' |
Subsequent Event | ' |
Subsequent Event | |
On May 15, 2014, our Board of Directors declared a quarterly cash dividend in the amount of $0.125 per share of common stock and Class B common stock payable on June 27, 2014 to stockholders of record as of the close of business on June 6, 2014. |
Store_Closings_Tables
Store Closings (Tables) | 3 Months Ended | ||||||||
3-May-14 | |||||||||
Store Closings [Abstract] | ' | ||||||||
Schedule of the entity's accrued store closing and relocation reserves | ' | ||||||||
The following table summarizes the activity in fiscal 2014 and 2013 (in thousands): | |||||||||
13 Weeks Ended | |||||||||
May 3, | May 4, | ||||||||
2014 | 2013 | ||||||||
Accrued store closing and relocation reserves, beginning of period | $ | 17,102 | $ | 31,785 | |||||
Expense charged to earnings | 397 | — | |||||||
Cash payments | (1,183 | ) | (2,496 | ) | |||||
Interest accretion and other changes in assumptions | 13 | (1,008 | ) | ||||||
Accrued store closing and relocation reserves, end of period | 16,329 | 28,281 | |||||||
Less: current portion of accrued store closing and relocation reserves | (5,945 | ) | (6,675 | ) | |||||
Long-term portion of accrued store closing and relocation reserves | $ | 10,384 | $ | 21,606 | |||||
Earnings_Per_Common_Share_Tabl
Earnings Per Common Share (Tables) | 3 Months Ended | ||||||||
3-May-14 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Schedule of the computations for basic and diluted earnings per common share | ' | ||||||||
The computations for basic and diluted earnings per common share are as follows (in thousands, except per share data): | |||||||||
13 Weeks Ended | |||||||||
May 3, | May 4, | ||||||||
2014 | 2013 | ||||||||
Net income | $ | 69,984 | $ | 64,821 | |||||
Weighted average common shares outstanding - basic | 121,138 | 122,702 | |||||||
Dilutive effect of stock-based awards | 2,222 | 3,160 | |||||||
Weighted average common shares outstanding - diluted | 123,360 | 125,862 | |||||||
Earnings per common share - basic | $ | 0.58 | $ | 0.53 | |||||
Earnings per common share - diluted | $ | 0.57 | $ | 0.52 | |||||
Anti-dilutive stock-based awards excluded from diluted calculation | 973 | 749 | |||||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 3 Months Ended | ||||||||||||
3-May-14 | |||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||
Schedule of assets measured at fair value on a recurring basis | ' | ||||||||||||
Assets measured at fair value on a recurring basis as of May 3, 2014 and February 1, 2014 are set forth in the table below (in thousands): | |||||||||||||
Description | Level 1 | Level 2 | Level 3 | ||||||||||
As of May 3, 2014 | |||||||||||||
Assets: | |||||||||||||
Deferred compensation plan assets held in trust (1) | $ | 54,178 | $ | — | $ | — | |||||||
Total assets | $ | 54,178 | $ | — | $ | — | |||||||
As of February 1, 2014 | |||||||||||||
Assets: | |||||||||||||
Deferred compensation plan assets held in trust (1) | $ | 49,351 | $ | — | $ | — | |||||||
Total assets | $ | 49,351 | $ | — | $ | — | |||||||
(1) | Consists of investments in various mutual funds made by eligible individuals as part of the Company's deferred compensation plan. |
Store_Closings_Details
Store Closings (Details) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | 3-May-14 | 4-May-13 |
Store Closings | ' | ' |
Accrued store closing and relocation reserves, beginning of period | $17,102 | $31,785 |
Expense charged to earnings | 397 | 0 |
Cash payments | -1,183 | -2,496 |
Interest accretion and other changes in assumptions | 13 | -1,008 |
Accrued store closing and relocation reserves, end of period | 16,329 | 28,281 |
Less: current portion of accrued store closing and relocation reserves | -5,945 | -6,675 |
Long-term portion of accrued store closing and relocation reserves | $10,384 | $21,606 |
Earnings_Per_Common_Share_Deta
Earnings Per Common Share (Details) (USD $) | 3 Months Ended | |
In Thousands, except Per Share data, unless otherwise specified | 3-May-14 | 4-May-13 |
Earnings Per Share [Abstract] | ' | ' |
Net income | $69,984 | $64,821 |
Weighted average common shares outstanding - basic | 121,138 | 122,702 |
Dilutive effect of stock-based awards (in shares) | 2,222 | 3,160 |
Weighted average common shares outstanding - diluted | 123,360 | 125,862 |
Earnings per common share - basic (in dollars per share) | $0.58 | $0.53 |
Earnings per common share - diluted (in dollars per share) | $0.57 | $0.52 |
Anti-dilutive stock-based awards excluded from diluted calculation (in shares) | 973 | 749 |
Fair_Value_Measurements_Detail
Fair Value Measurements (Details) (USD $) | 3-May-14 | Feb. 01, 2014 | ||
In Thousands, unless otherwise specified | ||||
Level 1 | ' | ' | ||
Fair Value Measurements | ' | ' | ||
Deferred compensation plan assets held in trust | $54,178 | [1] | $49,351 | [1] |
Total assets | 54,178 | 49,351 | ||
Level 2 | ' | ' | ||
Fair Value Measurements | ' | ' | ||
Deferred compensation plan assets held in trust | 0 | [1] | 0 | [1] |
Total assets | 0 | 0 | ||
Level 3 | ' | ' | ||
Fair Value Measurements | ' | ' | ||
Deferred compensation plan assets held in trust | 0 | [1] | 0 | [1] |
Total assets | $0 | $0 | ||
[1] | Consists of investments in various mutual funds made by eligible individuals as part of the Company's deferred compensation plan. |
Subsequent_Event_Details
Subsequent Event (Details) (Subsequent Event, USD $) | 0 Months Ended |
15-May-14 | |
Subsequent Event | ' |
Declaration date | 15-May-14 |
Payment date | 27-Jun-14 |
Record date | 6-Jun-14 |
Common Stock | ' |
Subsequent Event | ' |
Dividend amount (in dollars per share) | 0.125 |
Class B Common Stock | ' |
Subsequent Event | ' |
Dividend amount (in dollars per share) | 0.125 |