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Quarterly Financial Data (Unaudited) | 12 Months Ended
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Feb. 02, 2020
Quarterly Financial Data (Unaudited) [Abstract] |
Quarterly Financial Data (Unaudited) | 13. QUARTERLY FINANCIAL DATA (UNAUDITED) ﻿ ﻿
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﻿ |  | Fiscal 2019 – 52 weeks
﻿ |  | First Quarter |  | % of Net Sales |  | Second Quarter |  | % of Net Sales |  | Third Quarter |  | % of Net Sales |  | Fourth Quarter |  | % of Net Sales
﻿(in thousands, except earnings per share) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Net sales |  | $ | 114,244 |  | 100.0% |  | $ | 121,963 |  | 100.0% |  | $ | 119,768 |  | 100.0% |  | $ | 259,649 |  | 100.0%
﻿Gross profit |  |  | 60,918 |  | 53.3% |  |  | 64,804 |  | 53.1% |  |  | 65,365 |  | 54.6% |  |  | 137,062 |  | 52.8%
﻿Operating (loss) income |  |  | (10,104) |  | (8.8)% |  |  | 3,735 |  | 3.1% |  |  | 1,328 |  | 1.1% |  |  | 33,149 |  | 12.8%
﻿Net (loss) income attributable to controlling interest |  |  | (7,572) |  | (6.6)% |  |  | 1,936 |  | 1.6% |  |  | 182 |  | 0.2% |  |  | 24,375 |  | 9.4%
﻿Basic (loss) earnings per share attributable to controlling interest (Class A and Class B) |  |  | (0.23) |  |  |  |  | 0.06 |  |  |  |  | 0.01 |  |  |  |  | 0.75 |  |
﻿Diluted (loss) earnings per share attributable to controlling interest (Class A and Class B) |  |  | (0.23) |  |  |  |  | 0.06 |  |  |  |  | 0.01 |  |  |  |  | 0.75 |  |
﻿ ﻿
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﻿ |  | Fiscal 2018 – 53 weeks
﻿ |  | First Quarter |  | % of Net Sales |  | Second Quarter |  | % of Net Sales |  | Third Quarter |  | % of Net Sales |  | Fourth Quarter |  | % of Net Sales
﻿(in thousands, except earnings per share) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Net sales |  | $ | 100,207 |  | 100.0% |  | $ | 110,653 |  | 100.0% |  | $ | 106,701 |  | 100.0% |  | $ | 250,541 |  | 100.0%
﻿Gross profit |  |  | 55,940 |  | 55.8% |  |  | 62,240 |  | 56.2% |  |  | 60,971 |  | 57.1% |  |  | 131,251 |  | 52.4%
﻿Operating (loss) income |  |  | (257) |  | (0.3)% |  |  | 9,896 |  | 8.9% |  |  | (2,563) |  | (2.4)% |  |  | 30,105 |  | 12.0%
﻿Net (loss) income attributable to controlling interest |  |  | (691) |  | (0.7)% |  |  | 6,377 |  | 5.8% |  |  | (3,150) |  | (3.0)% |  |  | 20,620 |  | 8.2%
﻿Basic (loss) earnings per share attributable to controlling interest (Class A and Class B) |  |  | (0.02) |  |  |  |  | 0.20 |  |  |  |  | (0.10) |  |  |  |  | 0.64 |  |
﻿Diluted (loss) earnings per share attributable to controlling interest (Class A and Class B) |  |  | (0.02) |  |  |  |  | 0.20 |  |  |  |  | (0.10) |  |  |  |  | 0.64 |  |
Subsequent to the issuance of the May 5, 2019 interim financial statements, the Company identified a reclass error for disclosure purposes between selling, general and administration and interest expense, which had no impact on net income for the May 5, 2019 unaudited Condensed Consolidated Statement of Operations. The reclass error has been corrected in the above table. The Company assessed the reclass error and determined it is immaterial to the interim financial statements. ﻿ Subsequent to the issuance of the October 28, 2018 interim financial statements, the Company identified an error relating to the implementation of the new order management system that overstated inventory and gross profit within the October 28, 2018 unaudited Condensed Consolidated Balance Sheets and unaudited Condensed Consolidated Statements of Operations, respectively. The error was corrected during the fourth quarter of 2018. The Company assessed the error and determined it is immaterial to all interim and year-end filings during fiscal 2018. Additionally, the Company concluded during the fourth quarter of 2018 that it was the primary beneficiary of TRI when the Company took occupancy of the headquarters on October 15, 2018. Therefore, the VIE was consolidated in accordance with ASC 810, Consolidation, as of year-end. The Company assessed the impact of consolidating the VIE within the October 28, 2018 unaudited Condensed Consolidated Balance Sheets and determined it is immaterial to the interim financial statements.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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