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Quarterly Results
12 Months Ended
Jan. 28, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results

Note 13 – Quarterly Results (Unaudited)

 

Quarterly results are determined in accordance with the accounting policies used for annual data and include certain items based upon estimates for the entire year. All fiscal quarters in 2016 and 2015 include results for 13 weeks.

 

(In thousands, except per share data)

 

Fiscal 2016  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
             
Net sales  $260,470   $231,907   $274,524   $234,201 
Gross profit   75,556    67,230    82,010    64,439 
Operating income (loss)   17,285    6,660    15,452    (1,485)
Net income (loss)   10,661    4,104    9,672    (920)
Net income (loss) per share – Basic (1)  $0.56   $0.22   $0.54   $(0.05)
Net income (loss) per share – Diluted (1)  $0.56   $0.22   $0.54   $(0.05)

 

Fiscal 2015  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
             
Net sales  $252,767   $227,822   $269,713   $233,666 
Gross profit   74,689    66,274    81,317    68,236 
Operating income   17,030    7,877    15,173    6,553 
Net income   10,396    4,817    9,386    4,168 
Net income per share – Basic (1)  $0.52   $0.24   $0.47   $0.21 
Net income per share – Diluted (1)  $0.52   $0.24   $0.47   $0.21 

 

(1)Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year due to the impact of changes in weighted shares outstanding and differing applications of earnings under the two-class method.