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Note 16 - Transition Period Financial Information
12 Months Ended
Feb. 02, 2019
Notes to Financial Statements  
Transition Period Financial Information [Text Block]
(
16
)
Transition Period Financial Information
 
In
January 2018,
the Company’s Board of Directors approved a change in the Company’s fiscal year-end, which previously ended on the Saturday closest to
December 31,
to the Saturday closest to
January 31.
Accordingly, the Company is presenting audited financial statements for a
five
week transition period,
December 31, 2017
through
February 3, 2018.
The following table provides certain unaudited comparative financial information for the same period of the prior year (in thousands, except share and per share amounts):
 
 
   
5 Weeks
   
4 Weeks
 
   
Ended
   
Ended
 
   
February 3,
   
January 28,
 
   
2018
   
2017
 
           
(unaudited)
 
Consolidated statements of income
               
Total revenues
  $
30,223
    $
24,130
 
Consolidated gross profit
   
13,902
     
10,045
 
Selling, general and administrative
   
14,920
     
11,231
 
Interest expense, net
   
10
     
(2
)
Income before income taxes
   
(1,028
)    
(1,184
)
Income benefit expense
   
(183
)    
(424
)
Net loss
   
(845
)    
(760
)
Loss per common share
               
Basic and diluted
  $
(0.06
)   $
(0.05
)
Shares used in computing per share amounts - basic and diluted
   
14,860,511
     
15,526,642