XML 78 R13.htm IDEA: XBRL DOCUMENT
v3.19.3

Earnings Per Share And Shareholders' Equity | 9 Months Ended
--- | ---
Nov. 02, 2019
Earnings Per Share And Shareholders' Equity [Abstract] |
Earnings Per Share and Shareholders' Equity | Earnings Per Share and Shareholders’ Equity (Deficit) Earnings Per Share Earnings per basic share is computed based on the weighted-average number of outstanding common shares. Earnings per diluted share include the weighted-average effect of dilutive options and restricted stock on the weighted-average shares outstanding. The following table provides shares utilized for the calculation of basic and diluted earnings per share for the third quarter and year-to-date 2019 and 2018:
| Third Quarter |  | Year-to-Date
| 2019 |  | 2018 |  | 2019 |  | 2018
| (in millions)
Weighted-average Common Shares: |  |  |  |  |  |  |
Issued Shares | 284 |  |  | 283 |  |  | 284 |  |  | 283 |
Treasury Shares | (8 | ) |  | (8 | ) |  | (8 | ) |  | (6 | )
Basic Shares | 276 |  |  | 275 |  |  | 276 |  |  | 277 |
Effect of Dilutive Options and Restricted Stock (a) | — |  |  | — |  |  | — |  |  | 2 |
Diluted Shares | 276 |  |  | 275 |  |  | 276 |  |  | 279 |
Anti-dilutive Options and Awards (a) | 2 |  |  | 2 |  |  | 2 |  |  | 5 |
_______________
(a) | These options and awards were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For 2019 and the third quarter 2018, the dilutive impact of outstanding options and awards were excluded from dilutive shares as a result of the Company's net loss for the respective periods.
Shareholders’ Equity (Deficit) Common Stock Share Repurchases The Company did not repurchase any shares during year-to-date 2019. Under the authority of the Company’s Board of Directors, the Company repurchased shares of its common stock under the following repurchase programs during year-to-date 2018:
| Amount Authorized |  | Shares Repurchased |  | Amount Repurchased |  | Average Stock Price of Shares Repurchased within Program
Repurchase Program |  |  |
| (in millions) |  | (in thousands) |  | (in millions) |  |
March 2018 | $ | 250 |  |  | 4,852 |  |  | $ | 171 |  |  | $ | 35.29 |
September 2017 | 250 |  |  | 527 |  |  | 25 |  |  | $ | 46.98 |
Total |  |  | 5,379 |  |  | $ | 196 |  |  |
In March 2018, the Company's Board of Directors approved a $250 million repurchase program, which included the $23 million remaining under the September 2017 repurchase program. The March 2018 repurchase program had $79 million remaining as of November 2, 2019. Dividends Under the authority and declaration of the Board of Directors, the Company paid the following dividends during year-to-date 2019 and 2018:
|  | Ordinary Dividends |  | Total Paid
|  | (per share) |  | (in millions)
2019 |  |  |  |
Third Quarter |  | $ | 0.30 |  |  | $ | 83 |
Second Quarter |  | 0.30 |  |  | 83 |
First Quarter |  | 0.30 |  |  | 83 |
Total |  | $ | 0.90 |  |  | $ | 249 |
2018 |  |  |  |
Third Quarter |  | $ | 0.60 |  |  | $ | 165 |
Second Quarter |  | 0.60 |  |  | 167 |
First Quarter |  | 0.60 |  |  | 168 |
Total |  | $ | 1.80 |  |  | $ | 500 |

X
- Definition Earnings Per Share And Shareholders Equity [Abstract] + References No definition available. + Details
Name: | lb_EarningsPerShareAndShareholdersEquityAbstract
Namespace Prefix: | lb_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stockholders Equity and Earnings Per Share. The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Also includes the entire disclosure for earnings per share. + References No definition available. + Details
Name: | lb_StockholdersEquityAndEarningsPerShareTextBlock
Namespace Prefix: | lb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration