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NOTE 13 - EARNINGS PER SHARE
 12 Months Ended
Feb. 02, 2014
Earnings per share: [Abstract]  
Earnings Per Share [Text Block]
NOTE 13 – EARNINGS PER SHARE

We refer you to the Earnings Per Share disclosure in Note 1-Summary of Significant Accounting Policies, above, for more detailed information concerning the calculation of earnings per share.

We have issued restricted stock awards to non-employee directors since 2006 and restricted stock units (RSUs) to certain senior executives since fiscal 2012, under the Company’s Stock Incentive Plan. 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 RSUs, net of forfeitures and vested shares, as of the fiscal year-end dates indicated:
   
February 2,
   
February 3,
   
January 29,
 
   
2014
   
2013
   
2012
 
                   
Restricted shares
    28,614       29,063       21,321  
Restricted stock units
    32,353       32,353       10,684  
      60,967       61,416       32,005  

All restricted shares awarded that have not yet vested are considered when computing diluted earnings per share.  Unlike the restricted stock grants issued to our non-employee directors, the transfer of ownership of common shares issued under our RSUs, if any,  occurs after the three-year vesting period; however, RSUs are also considered when computing diluted earnings per share.

The following table sets forth the computation of basic and diluted earnings per share:

   
Fifty-Two
   
Fifty-Three
   
Fifty-Two
 
   
Weeks Ended
   
Weeks Ended
   
Weeks Ended
 
   
February 2,
   
February 3,
   
January 29,
 
   
2014
   
2013
   
2012
 
                   
Net income
  $ 7,929     $ 8,626     $ 5,057  
   Less: Dividends on unvested restricted shares
    12       11       11  
             Net earnings allocated to unvested restricted stock
    22       23       13  
Earnings available for common shareholders
  $ 7,895     $ 8,592     $ 5,033  
                         
Weighted average shares outstanding for basic
   earnings per share
    10,722       10,745       10,762  
Dilutive effect of unvested restricted stock awards
    30       30       28  
   Weighted average shares outstanding for diluted
      earnings per share
    10,752       10,775       10,790  
                         
Basic earnings per share
  $ 0.74     $ 0.80     $ 0.47  
                         
Diluted earnings per share
  $ 0.74     $ 0.80     $ 0.47