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Note 8 - Stockholders' Equity
 3 Months Ended
May 02, 2020
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
8.
Stockholders’ Equity
 
The following table sets forth the changes in stockholders’ equity (in thousands) for the
thirteen
weeks ended 
May 2, 2020
and
May 4, 2019
(in thousands):
 
   
For the thirteen weeks ended May 2, 2020
    
For the thirteen weeks ended May 4, 2019
  
                                                                                 
   
Common
      
 
 
    
 
 
  
Retained
      
 
 
  
Common
      
 
 
    
 
 
  
Retained
      
 
 
   
stock
    
APIC (1)
    
AOCI (2)
    
earnings
    
Total
    
stock
    
APIC (1)
    
AOCI (2)
    
earnings
    
Total
  
Balance, beginning
   $
152
     $
70,633
     $
(12,079
 )   $
29,925
     $
88,631
     $
150
     $
69,088
     $
(12,018
 )   $
37,094
     $
94,314
  
Adoption of new accounting standard    
 
      
 
      
 
      
 
      
 
      
 
      
 
      
 
     $
(7,430
 )    
(7,430
 )
Subtotal   $
152
     $
70,633
     $
(12,079
 )   $
29,925
     $
88,631
     $
150
     $
69,088
     $
(12,018
 )   $
29,664
     $
86,884
  
Issuance of restricted/performance stock   $
4
     $
496
      
 
      
 
      
500
      
 
      
 
      
 
      
 
      
 
  
Stock-based compensation    
 
      
476
      
 
      
 
      
476
      
 
      
720
      
 
      
 
      
720
  
Shares withheld in lieu of tax withholdings    
(1
 )    
(114
 )    
 
      
 
      
(115
 )    
(1
 )    
(258
 )    
 
      
 
      
(259
 )
Other    
 
      
 
      
 
      
(1
 )    
(1
 )    
 
      
 
      
 
      
 
      
-
  
Other comprehensive income (loss)    
 
      
 
      
170
      
 
      
170
      
 
      
 
      
(105
 )    
 
      
(105
 )
Net income (loss)    
 
      
 
      
 
      
(21,204
 )    
(21,204
 )    
 
      
 
      
 
      
1,197
      
1,197
  
Balance, ending
   $
155
     $
71,491
     $
(11,909
 )   $
8,720
     $
68,457
     $
149
     $
69,550
     $
(12,123
 )   $
30,861
     $
88,437
  
 
(
1
) - Additional paid-in capital (“APIC”)
(
2
) - Accumulated other comprehensive income (loss) (“AOCI”)
 
In
August 2017,
the Company’s Board of Directors authorized a share repurchase program of up to
$20.0
million. From the date of such authorization through
May 2, 2020
, the Company has repurchased approximately
1.3
 million shares at an average price of
$8.75
 per share for an aggregate amount of approximately
$11.2
 million, leaving approximately
$8.8
million authorized under the program as of that date. We do
not
plan to utilize cash to resume share repurchases in fiscal
2020.
In addition, our ability to repurchase shares is limited by conditions set forth by our lender in our credit agreement, as described below.