XML 82 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
NOTE 9 - OTHER COMPREHENSIVE INCOME
 12 Months Ended
Jan. 29, 2012
Comprehensive Income (Loss) Note [Text Block]
NOTE 9 – OTHER COMPREHENSIVE INCOME

   
Fifty-Two Weeks Ended
 
   
January 29,
   
January 30,
   
January 31,
 
   
2012
   
2011
   
2010
 
Net income
  $ 5,057     $ 3,240     $ 3,008  
(Loss) on interest rate swaps
    -       -       (26 )
Less amount of swaps' fair value reclassified to interest expense
    -       -       118  
Reclassification to income of cumulative balance related to ineffective swap
    -       -       76  
Reclassification to income of unamortized balance of swap termination payment
    -       -       61  
      Unrealized gain on interest rate swaps
    -       -       229  
Unrealized accumulated actuarial (loss) gain on Supplemental  Retirement Income Plan (deferred compensation)
    (803 )     266       58  
Other comprehensive income before tax
    (803 )     266       287  
Income tax
    (303 )     100       109  
Other comprehensive income, net of tax
    (500 )     166       178  
Comprehensive income
  $ 4,557     $ 3,406     $ 3,186  

The balance of accumulated other comprehensive income in our statements of financial position at January 29, 2012 and January 30, 2011, our two most recently completed fiscal years, was $109,000 and $609,000, respectively.  Other comprehensive income activity in both the 2012 and 2011 fiscal years relates solely to unrealized actuarial loss and gain activity and their associated tax effects in our Supplemental Retirement Income Plan (“SRIP”). See Note 10 “Employee Benefits Plans”, below, for additional information regarding our SRIP.