XML 63 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8

NOTE 11 - EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Feb. 02, 2014

Compensation and Retirement Disclosure [Abstract]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

Summarized plan information as of each fiscal year-end (the measurement date) is as follows:

		Fifty-Two				Fifty-Three
		Weeks Ended				Weeks Ended
		February 2,				February 3,
		2014				2013
Change in benefit obligation:
Beginning projected benefit obligation		$	7,435			$	7,569
Service cost			256				255
Interest cost			292				297
Benefits paid			(379	)			(485	)
Actuarial (gain) loss			58				(201	)
Ending projected benefit obligation (funded status)		$	7,662			$	7,435
Accumulated benefit obligation		$	7,231			$	7,306
Amount recognized in the consolidated balance sheets:
Current liabilities		$	354			$	379
Non-current liabilities			7,308				7,056
Total		$	7,662			$	7,435
Other changes recognized in accumulated other comprehensive income
Net gain arising during period			(106	)			(58	)
Net periodic benefit cost			548				552
Total recognized in net periodic benefit cost and       accumulated other comprehensive income		$	442			$	494

Schedule of Net Benefit Costs [Table Text Block]

Summarized plan information as of each fiscal year-end (the measurement date) is as follows:

		Fifty-Two				Fifty-Three				Fifty-Two
		Weeks Ended				Weeks Ended				Weeks Ended
		February 2,				February 3,				January 29,
		2014				2013				2012
Net periodic benefit cost
Service cost		$	256			$	255			$	525
Interest cost			292				297				337
Net periodic benefit cost		$	548			$	552			$	862
Assumptions used to determine net periodic benefit cost:
Discount rate (Moody's Composite Bond Rate)			4.5	%			4.0	%			5.25	%
Increase in future compensation levels			4.0	%			4.0	%			4.0	%

Schedule of Expected Benefit Payments [Table Text Block]

Estimated Future Benefit Payments:
Fiscal 2015		$	354
Fiscal 2016			745
Fiscal 2017			745
Fiscal 2018			647
Fiscal 2019			724
Fiscal 2020 through Fiscal 2024			3,791

Other Employee Related Liabilities [Table Text Block]

The following amounts were accrued in the accrued salaries, wages and benefits section of our consolidated balance sheets as of the fiscal period-end dates indicated:

		February 2,				February 3,
		2014				2013
Performance grants
2013 Fiscal year grant		$	305			$	273
2014 Fiscal year grant			73				-
Total performance grants accrued			378				273

X

- Definition

Tabular disclosure of the obligations incurred and payable for employer-related costs.

+ References

No definition available.

+ Details

Name:	hoft_OtherEmployeeRelatedLiabilitiesTableTextBlock
Namespace Prefix:	hoft_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e2417-114920



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 55

-Paragraph 17

-URI http://asc.fasb.org/extlink&oid=32704760&loc=d3e4179-114921



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e2439-114920



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e2410-114920

+ Details

Name:	us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (f)

-URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)

-URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration