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NOTE 17 - CONSOLIDATED QUARTERLY DATA (Unaudited)
12 Months Ended
Feb. 03, 2013
Quarterly Financial Information [Text Block]
NOTE 17 – CONSOLIDATED QUARTERLY DATA (Unaudited)

   
Fiscal Quarter
   
   
First
   
Second
   
Third
   
Fourth
   
2013
                         
Net sales
  $ 51,730     $ 50,185     $ 56,803     $ 59,641    
Cost of sales
    40,808       38,920       43,243       42,842    
Gross profit
    10,922       11,265       13,560       16,799    
Selling and administrative expenses
    9,394       8,943       9,781       11,488    
Intangible asset impairment charges
    -       -       -       -    
Net income
    1,020       1,474       2,434       3,698    
Basic and diluted earnings (loss) per share
  $ 0.09     $ 0.14     $ 0.23     $ 0.34    

                                   
                                   
2012
                                 
Net sales
  $ 58,393     $ 55,574     $ 54,180     $ 54,358    
Cost of sales
    47,360       43,411       41,443       41,428    
Gross profit
    11,033       12,163       12,737       12,930    
Selling and administrative expenses
    10,286       9,669       10,031       10,389    
Intangible asset impairment charges
    -       -       -       1,815  
(a)
Net income
    523       1,646       2,260       628    
Basic and diluted earnings (loss) per share
  $ 0.05     $ 0.15     $ 0.21     $ 0.06    

(a) During the fiscal 2012 fourth quarter, we recorded asset impairment charges of $1.8 million pretax ($1.1 million after tax or $0.10 per share), on our Bradington-Young trade name.

Earnings per share for each fiscal quarter is derived using the weighted average number of shares outstanding during that quarter. Earnings per share for each fiscal year is derived using the weighted average number of shares outstanding on an annual basis.  Consequently, the sum of earnings per share for the quarters of a fiscal year may not equal earnings per share for the full fiscal year.