XML 63 R15.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Employee Benefit Plans | 12 Months Ended
--- | ---
Jan. 31, 2015
Employee Benefit Plans [Abstract] |
Employee Benefit Plans | Note 8 – Employee Benefit Plans Retirement Savings Plan s On February 24, 1994, our Board of Directors approved the Shoe Carnival Retirement Savings Plan (the “Domestic Savings Plan”). The Domestic Savings Plan is open to all employees working in the continental United States who have been employed for at least one year, are at least 21 years of age and who work at least 1,000 hours in a defined year. The primary savings mechanism under the Domestic Savings Plan is a 401(k) plan under which an employee may contribute up to 20% of annual earnings with us matching the first 4% at a rate of 50%. Our contributions to the participants' accounts become fully vested when the participant reaches their third anniversary of employment with us. Contributions charged to expense were $639,000, $599,000, and $61 1,000 in fiscal years 201 4, 201 3, and 201 2, respectively. On March 19, 2012, our Board of Directors approved the Shoe Carnival Puerto Rico Savings Plan (the “Puerto Rico Savings Plan”). The Puerto Rico Savings Plan is open to all employees working in Puerto Rico who have been employed for at least one year, are at least 21 years of age and who work at least 1,000 hours in a defined year. This plan is similar to our Domestic Savings Plan whereby an employee may contribute up to 20% of his or her annual earnings, with us matching the first 4% at a rate of 50%. Contributions charged to expense were $12,000 and $10,000 in fiscal year s 2014 and 201 3, respectively. Stock Purchase Plan On May 11, 1995, our shareholders approved the Shoe Carnival, Inc. Employee Stock Purchase Plan (the “Stock Purchase Plan”) as adopted by our Board of Directors on February 9, 1995. The Stock Purchase Plan reserves 45 0,000 shares of our common stock (subject to adjustment for any subsequent stock splits, stock dividends and certain other changes in the common stock) for issuance and sale to any employee who has been employed for more than a year at the beginning of the calendar year, and who is not a 10% owner of our common stock, at 85% of the then fair market value up to a maximum of $5,000 in any calendar year. Under the Stock Purchase Plan, 11,000, 1 0,0 00 and 1 1,0 00 shares of common stock were purchased by participants in the plan and proceeds to us for the sale of those shares were approximately $209,000, $20 9,000 and $201,000 for fiscal years 201 4, 2 0 1 3 and 20 1 2, respectively. At January 3 1, 201 5, there were 114,545 shares of unissued common stock reserved for future purchase under the Stock Purchase Plan. The following table summarizes information regarding stock-based compensation expense recognized for the Stock Purchase Plan:
(In thousands) |  | 2014 |  |  | 2013 |  |  | 2012
Stock-based compensation expense before the recognized income tax benefit (1) |  | $ | 37 |  |  |  | $ | 37 |  |  |  | $ | 36 |
Income tax benefit |  | $ | 14 |  |  |  | $ | 14 |  |  |  | $ | 14 |
(1) Amounts are representative of the 15% discount employees are provided for purchases under the Stock Purchase Plan.
Deferred Compensation Plan In fiscal 2000, we established a non-qualified deferred compensation plan for certain key employees who, due to Internal Revenue Service guidelines, cannot take full advantage of the employer sponsored 401(k) plan. Participants in the plan elect on an annual basis to defer, on a pre-tax basis, portions of their current compensation until retirement, or earlier if so elected. While not required to, we can match a portion of the employees' contributions, which would be subject to vesting requirements. The compensation deferred under this plan is credited with earnings or losses measured by the rate of return on investments elected by plan participants. The plan is currently unfunded. Compensation expense for our match and earnings on the deferred amounts was $856,000, $1.1 million and $867,000 for fiscal 2014, 2013 and 20 1 2, respectively. The t otal def erred compensation liability at Jan uary 3 1, 201 5 and February 1, 201 4 was $9.9 million and $8.2 million, respectively.

X
- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References No definition available. + Details
Name: | us-gaap_CompensationAndEmployeeBenefitPlansTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration