NOTE 5 - INVENTORIES (Detail) - Inventory (USD $) In Thousands, unless otherwise specified	Jan. 29, 2012	Jan. 30, 2011
Finished furniture	$ 42,656	$ 63,201
Furniture in process	580	639
Materials and supplies	7,942	9,065
Inventories at FIFO	51,178	72,905
Reduction to LIFO basis	(17,042)	(15,467)
Inventories	$ 34,136	$ 57,438

The amount of FIFO (first in first out) inventory present at the reporting date when inventory is also valued using different valuation methods.

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-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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Carrying amount as of the balance sheet date of merchandise or goods held by the company that are readily available for sale.

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Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).

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Aggregated amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed.

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Carrying amount as of the balance sheet date of merchandise or goods which are partially completed, are generally comprised of raw materials, labor and factory overhead costs, and which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

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