XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.4.0.3

3. Acquisition (Tables) | 3 Months Ended
--- | ---
May. 01, 2016
Business Combinations [Abstract] |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | The following table summarizes the preliminary estimates of the fair values of the identifiable assets acquired and liabilities assumed in the Acquisition as of May 1, 2016. The preliminary estimates of fair value of identifiable assets acquired and liabilities assumed are subject to revisions, which may result in adjustments to the preliminary values presented below, when management’s appraisals and estimates are finalized.
Fair value estimates of assets acquired and liabilities assumed |  |  |
Purchase price consideration |  |  |
Cash paid for assets acquired, including working capital adjustment |  | $ | 86,062 |
Value of shares issued for assets acquired |  |  | 15,000 |
Value of shares issued for excess net working capital |  |  | 5,267 |
Total purchase price |  | $ | 106,329 |
Accounts receivable |  | $ | 46,210 |
Inventory |  |  | 37,606 |
Prepaid expenses and other current assets |  |  | 1,776 |
Property and equipment |  |  | 5,801 |
Intangible assets |  |  | 27,800 |
Goodwill |  |  | 23,398 |
Accounts payable |  |  | (22,681 | )
Accrued expenses |  |  | (4,861 | )
Pension plan liabilities and deferred compensation balances |  |  | (8,720 | )
Total purchase price |  | $ | 106,329 |
Business Acquisition, Pro Forma Information [Table Text Block] | The following unaudited consolidated pro forma summary has been prepared by adjusting our historical data to give effect to the Acquisition as if it had occurred on February 1, 2015:
|  | 13 Weeks Ended |
(in millions except per share data) |  | May 1, 2016 |  |  | May 3, 2015 |
|  |  |  |  | (Pro forma) |
Net Sales |  | $ | 121,831 |  |  | $ | 125,800 |
Net Income |  |  | 2,500 |  |  |  | 2,690 |
Basic EPS |  | $ | 0.22 |  |  | $ | 0.23 |
Diluted EPS |  | $ | 0.22 |  |  | $ | 0.23 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1486-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration