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6. Earnings Per Share
 6 Months Ended
Aug. 04, 2013
Earnings per share [Abstract]  
Earnings Per Share [Text Block]
6.              Earnings Per Share

We refer you to the Earnings Per Share disclosure in Note 1-Summary of Significant Accounting Policies, in our fiscal year 2013 Form 10-K, for additional information concerning the calculation of earnings per share.

We have issued restricted stock awards to non-employee members of the board of directors since 2006 and restricted stock units (RSUs) to certain senior executives since fiscal 2012, under the Company’s Stock Incentive Plan. Each RSU entitles the executive to receive one share of the Company’s common stock if the executive remains continuously employed with the Company through the end of a three-year service period. We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and restricted stock units, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:

   
August 4,
   
February 3,
 
   
2013
   
2013
 
             
Restricted shares
    28,614       29,063  
Restricted stock units
    32,353       32,353  
      60,967       61,416  

All restricted shares and restricted stock units awarded that have not yet vested are considered when computing diluted earnings per share.  The following table sets forth the computation of basic and diluted earnings per share:

   
Thirteen Weeks Ended
   
Twenty-Six Weeks Ended
 
   
August 4,
   
July 29,
   
August 4,
   
July 29,
 
   
2013
   
2012
   
2013
   
2012
 
                         
Net income
  $ 1,688     $ 1,474     $ 3,814     $ 2,494  
   Less: Unvested participating restricted stock dividends
    3       3       6       3  
            Net earnings allocated to unvested participating restricted stock
    5       -       11       -  
Earnings available for common shareholders
    1,680       1,471       3,797       2,491  
                                 
Weighted average shares outstanding for basic earnings per share
    10,722       10,770       10,719       10,771  
Dilutive effect of unvested restricted stock and RSU awards
    31       19       30       29  
   Weighted average shares outstanding for diluted earnings per share
    10,753       10,789       10,749       10,800  
                                 
Basic earnings per share
  $ 0.16     $ 0.14     $ 0.35     $ 0.23  
                                 
Diluted earnings per share
  $ 0.16     $ 0.14     $ 0.35     $ 0.23