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NOTE 14 - INCOME TAXES (Tables)

12 Months Ended

Feb. 02, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Our provision for income taxes was as follows for the periods indicated:

		Fifty-Two				Fifty-Three				Fifty-Two
		Weeks Ended				Weeks Ended				Weeks Ended
		February 2,				February 3,				January 29,
		2014				2013				2012
Current expense
Federal		$	3,755			$	3,894			$	1,687
Foreign			41				50				54
State			403				403				182
Total current expense			4,199				4,347				1,923
Deferred taxes
Federal			214				(35	)			(87	)
State			126				55				52
Total deferred taxes			340				20				(35	)
Income tax expense		$	4,539			$	4,367			$	1,888

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The effective income tax rate differed from the federal statutory tax rate as follows for the periods indicated:

		Fifty-Two				Fifty-Three				Fifty-Two
		Weeks Ended				Weeks Ended				Weeks Ended
		February 2,				February 3,				January 29,
		2014				2013				2012
Income taxes at statutory rate			34.0	%			34.0	%			34.0	%
Increase (decrease) in tax rate resulting from:
State taxes, net of federal benefit			2.1				2.1				2.3
Officer's life insurance			(1.8	)			(3.1	)			(5.9	)
Other, net			2.1				0.6				(3.2	)
Effective income tax rate			36.4	%			33.6	%			27.2	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities for the period indicated were:

		February 2,				February 3,
		2014				2013
Assets
Deferred compensation		$	3,455			$	3,319
Allowance for bad debts			448				455
State income taxes			43				153
Property, plant and equipment			370				220
Intangible assets			745				989
Charitable contribution carryforward			608				745
Inventories			148				447
Other			308				245
Total deferred tax assets			6,125				6,573
Valuation allowance			(34	)			(139	)
			6,091				6,434
Liabilities
Employee benefits			320				328
Total deferred tax liabilities			320				328
Net deferred tax asset without AOCI			5,771				6,106
Deferred tax liability in AOCI			(56	)			(115	)
Total net deferred tax asset		$	5,715			$	5,991

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the beginning and ending amount of total unrecognized tax benefits for the fiscal years ended February 2, 2014 and February 3, 2013 are as follows:

		February 2,				February 3,
		2014				2013
Balance, beginning of year		$	-			$	-
Increase related to prior year tax positions			279
Decrease related to prior year tax positions			-
Increase related to current year tax positions			80
Balance, end of year		$	359			$	-

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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