XML 81 R21.htm IDEA: XBRL DOCUMENT
v2.4.0.6

NOTE 13 - RESTRUCTURING AND ASSET IMPAIRMENT CHARGES | 12 Months Ended
--- | ---
Feb. 03, 2013
Restructuring and Related Activities Disclosure [Text Block] | NOTE 13 – RESTRUCTURING AND ASSET IMPAIRMENT CHARGES During fiscal 2011, we recorded $1.4 million pretax ($874,000 after tax, or $0.08 per share) in restructuring and asset impairment charges related to the consolidation of Bradington-Young’s Cherryville, NC manufacturing facility to Hickory, NC. Pretax restructuring charges and credits decreased operating income by 0.9% of net sales in fiscal 2011. Restructuring and charges are included in the “restructuring charges” line of our consolidated statements of income. The following table sets forth the significant components of and activity related to the accrued restructuring charges for fiscal years 2011, 2012 and 2013:
|  | Severance and |  |  | Asset |  |  |  |  |  | Pretax |  |  | After-tax |
|  | Related Benefits |  |  | Impairment |  |  | Other |  |  | Amount |  |  | Amount |
Accrued balance at January 31, 2010 |  |  | - |  |  |  | - |  |  |  | 38 |  |  |  | 38 |  |  |  |
Restructuring charges accrued during fiscal 2011 |  |  | 275 |  |  |  | 1,128 |  |  |  |  |  |  |  | 1,403 |  |  |  | (874 | )
Non-cash charges |  |  |  |  |  |  | (1,128 | ) |  |  |  |  |  |  | (1,128 | ) |  |  |  |
Cash payments |  |  | (112 | ) |  |  |  |  |  |  | (7 | ) |  |  | (119 | ) |  |  |  |
Accrued balance at January 30, 2011 |  | $ | 163 |  |  | $ | - |  |  | $ | 31 |  |  | $ | 194 |  |  |  |  |
Restructuring charges accrued during fiscal 2012 |  |  |  |  |  |  | - |  |  |  |  |  |  |  | - |  |  |  | - |
Non-cash charges |  |  | - |  |  |  | - |  |  |  |  |  |  |  | - |  |  |  |  |
Cash payments |  |  | (163 | ) |  |  |  |  |  |  | (16 | ) |  |  | (179 | ) |  |  |  |
Accrued balance at January 29, 2012 |  | $ | - |  |  | $ | - |  |  | $ | 15 |  |  | $ | 15 |  |  |  |  |
Restructuring charges accrued during fiscal 2013 |  |  |  |  |  |  | - |  |  |  |  |  |  |  | - |  |  |  | - |
Non-cash charges |  |  | - |  |  |  | - |  |  |  |  |  |  |  | - |  |  |  |  |
Cash payments |  |  |  |  |  |  |  |  |  |  | (5 | ) |  |  | (5 | ) |  |  |  |
Accrued balance at February 3, 2013 |  | $ | - |  |  | $ | - |  |  | $ | 10 |  |  | $ | 10 |  |  |  |  |
The $10,000 balance in accrued restructuring charges at February 3, 2013 relates to continuing environmental monitoring at two former casegoods factories.

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 146 -Paragraph 20 -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. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140864-122747 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration