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Insurance Recovery and Gains
9 Months Ended
Sep. 30, 2017
Insurance Recovery and Gains [Abstract]  
Insurance Recovery and Gains
NOTE G – Insurance Recovery and Gains

Our store in Lubbock, Texas sustained significant damage on December 27, 2015 from a blizzard.  We reduced the value of the property and its contents at December 31,2015 to zero and recorded an insurance recovery receivable.  In the second quarter of 2016 we opened a temporary location and began reconstruction of a new store.  We received $4.6 million in insurance proceeds during the first nine months of 2016 for the building and inventory destroyed and recorded a gain on insurance recovery of $2.5 million.  During 2017, we recorded an additional $1.4 million in gains for the insurance recovery on the building, business interruption and other expenses.  

Our store in Wichita, Kansas was closed in mid-July 2017 due to a rupture of a water pipe below the foundation and is expected to reopen in late November 2017.  We have received $0.4 million in insurance proceeds for the inventory destroyed and other expenses and we anticipate receiving additional amounts.