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QUARTERLY FINANCIAL DATA | 12 Months Ended
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Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract] |
QUARTERLY FINANCIAL DATA | QUARTERLY FINANCIAL DATA (UNAUDITED) In the opinion of management, the unaudited consolidated financial statements presented below contain all material adjustments, consisting of normal recurring accruals, necessary to present fairly the Company's financial position and results of operations and have been prepared in a manner consistent with the audited financial statements contained herein. Due to the seasonal nature of the Company's business, the results of operations in any given interim period are not indicative of operating results for a full fiscal year.
14. | QUARTERLY FINANCIAL DATA (UNAUDITED) (Continued)
The following tables reflect quarterly consolidated statements of income for the periods indicated (unaudited):
|  | Fiscal Year Ended January 30, 2016
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter (1)
Net sales |  | $ | 404,865 |  |  | $ | 366,455 |  |  | $ | 455,913 |  |  | $ | 498,544 |
Gross profit |  | 152,109 |  |  | 115,004 |  |  | 180,513 |  |  | 177,506 |
Selling, general and administrative expenses |  | 114,514 |  |  | 118,342 |  |  | 105,797 |  |  | 131,245 |
Asset impairment charges |  | — |  |  | 1,452 |  |  | 919 |  |  | — |
Other costs (income) |  | (3 | ) |  | 76 |  |  | 14 |  |  | 11 |
Depreciation and amortization |  | 14,394 |  |  | 15,252 |  |  | 16,136 |  |  | 16,903 |
Operating income (loss) |  | 23,204 |  |  | (20,118 | ) |  | 57,647 |  |  | 29,347 |
Income (loss) before income taxes |  | 23,028 |  |  | (20,323 | ) |  | 57,393 |  |  | 29,284 |
Provision (benefit) for income taxes |  | 7,421 |  |  | (6,628 | ) |  | 18,898 |  |  | 11,807 |
Net income (loss) |  | 15,607 |  |  | (13,695 | ) |  | 38,495 |  |  | 17,477 |
Diluted earnings (loss) per share |  | $ | 0.73 |  |  | $ | (0.67 | ) |  | $ | 1.88 |  |  | $ | 0.87 |
Diluted weighted average common shares outstanding |  | 21,366 |  |  | 20,576 |  |  | 20,517 |  |  | 20,174 |
Cash dividends declared and paid per common share |  | $ | 0.1500 |  |  | $ | 0.1500 |  |  | $ | 0.1500 |  |  | $ | 0.1500 |
____________________________________________ (1) Items impacting the fourth quarter of Fiscal 2015 include approximately $4.4 million of additional costs related to corporate severance and reorganizations partially offset by approximately $2.8 million of income related to the accelerated conversion of loyalty points in the Company's current loyalty program in anticipation of transition to a new customer loyalty program in Fiscal 2016.
|  | Fiscal Year Ended January 31, 2015
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter (1)
Net sales |  | $ | 410,149 |  |  | $ | 384,628 |  |  | $ | 487,304 |  |  | $ | 479,243 |
Gross profit |  | 148,261 |  |  | 119,118 |  |  | 190,111 |  |  | 164,810 |
Selling, general and administrative expenses |  | 113,720 |  |  | 117,111 |  |  | 116,120 |  |  | 123,735 |
Asset impairment charges |  | — |  |  | 3,045 |  |  | 3,306 |  |  | 4,794 |
Other costs (income) |  | 231 |  |  | (98 | ) |  | (286 | ) |  | 85 |
Depreciation and amortization |  | 14,227 |  |  | 15,557 |  |  | 15,168 |  |  | 15,542 |
Operating income (loss) |  | 20,083 |  |  | (16,497 | ) |  | 55,803 |  |  | 20,654 |
Income (loss) before income taxes |  | 20,102 |  |  | (16,557 | ) |  | 55,721 |  |  | 20,609 |
Provision (benefit) for income taxes |  | 6,506 |  |  | (5,870 | ) |  | 18,779 |  |  | 3,572 |
Net income (loss) |  | 13,596 |  |  | (10,687 | ) |  | 36,942 |  |  | 17,037 |
Diluted earnings (loss) per share |  | $ | 0.61 |  |  | $ | (0.49 | ) |  | $ | 1.70 |  |  | $ | 0.79 |
Diluted weighted average common shares outstanding |  | 22,419 |  |  | 21,837 |  |  | 21,756 |  |  | 21,512 |
Cash dividends declared and paid per common share |  | $ | 0.1325 |  |  | $ | 0.1325 |  |  | $ | 0.1325 |  |  | $ | 0.1325 |
____________________________________________
14. | QUARTERLY FINANCIAL DATA (UNAUDITED) (Continued)
(1) | Items impacting the fourth quarter of Fiscal 2014 include approximately $4.8 million of asset impairment charges and $3.2 million of additional costs related to corporate severance and reorganizations.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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