XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.5.0.2

14. Segment Information (Tables) | 9 Months Ended
--- | ---
Oct. 30, 2016
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | For financial reporting purposes, we are organized into four operating segments – Hooker Casegoods, Home Meridian, Upholstery and an All Other segment, which includes H Contract and Homeware. Based on the way in which we manage, evaluate and internally report our operations, we determined that Home Meridian’s newly acquired operations will be reported as a separate operating segment. The following table presents segment information for the periods, and as of the dates, indicated:
|  | Thirteen Weeks Ended |  |  | Thirty-nine Weeks Ended |
|  | October 30, 2016 |  |  |  |  |  | November 1, 2015 |  |  |  |  |  | October 30, 2016 |  |  |  |  |  | November 1, 2015 |  |  |  |
|  |  |  |  | % Net |  |  |  |  |  | % Net |  |  |  |  |  | % Net |  |  |  |  |  | % Net |
Net Sales |  |  |  |  | Sales |  |  |  |  |  | Sales |  |  |  |  |  | Sales |  |  |  |  |  | Sales |
Hooker Casegoods |  | $ | 36,861 |  |  |  | 25.4 | % |  | $ | 41,199 |  |  |  | 63.1 | % |  | $ | 103,372 |  |  |  | 25.6 | % |  | $ | 116,996 |  |  |  | 62.8 | %
Upholstery |  |  | 19,664 |  |  |  | 13.5 | % |  |  | 21,719 |  |  |  | 33.2 | % |  |  | 61,404 |  |  |  | 15.2 | % |  |  | 63,718 |  |  |  | 34.2 | %
Home Meridian |  |  | 86,053 |  |  |  | 59.2 | % |  |  | - |  |  |  |  |  |  |  | 231,391 |  |  |  | 57.4 | % |  |  | - |  |  |  | 0.0 | %
All other |  |  | 2,720 |  |  |  | 1.9 | % |  |  | 2,424 |  |  |  | 3.7 | % |  |  | 7,125 |  |  |  | 1.8 | % |  |  | 5,949 |  |  |  | 3.2 | %
Intercompany eliminations |  |  | - |  |  |  |  |  |  |  | (4 | ) |  |  |  |  |  |  | - |  |  |  |  |  |  |  | (229 | ) |  |  |  |
Consolidated |  | $ | 145,298 |  |  |  | 100.0 | % |  | $ | 65,338 |  |  |  | 100.0 | % |  | $ | 403,292 |  |  |  | 100.0 | % |  | $ | 186,434 |  |  |  | 100.0 | %
Gross Profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Casegoods |  | $ | 12,081 |  |  |  | 32.8 | % |  | $ | 12,786 |  |  |  | 31.0 | % |  | $ | 32,897 |  |  |  | 31.8 | % |  | $ | 34,991 |  |  |  | 29.9 | %
Upholstery |  |  | 4,311 |  |  |  | 21.9 | % |  |  | 4,742 |  |  |  | 21.8 | % |  |  | 14,029 |  |  |  | 22.8 | % |  |  | 13,993 |  |  |  | 22.0 | %
Home Meridian |  |  | 13,742 |  |  |  | 16.0 | % |  |  | - |  |  |  |  |  |  |  | 36,865 |  |  |  | 15.9 | % |  |  | - |  |  |  | 0.0 | %
All other |  |  | 791 |  |  |  | 29.1 | % |  |  | 630 |  |  |  | 26.0 | % |  |  | 2,204 |  |  |  | 30.9 | % |  |  | 1,629 |  |  |  | 27.4 | %
Intercompany eliminations |  |  | 1 |  |  |  |  |  |  |  | 7 |  |  |  |  |  |  |  | 8 |  |  |  |  |  |  |  | 20 |  |  |  |  |
Consolidated |  | $ | 30,926 |  |  |  | 21.3 | % |  | $ | 18,165 |  |  |  | 27.8 | % |  | $ | 86,003 |  |  |  | 21.3 | % |  | $ | 50,633 |  |  |  | 27.2 | %
Operating Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Casegoods |  | $ | 5,092 |  |  |  | 13.8 | % |  | $ | 5,347 |  |  |  | 13.0 | % |  | $ | 11,514 |  |  |  | 11.1 | % |  | $ | 13,904 |  |  |  | 11.9 | %
Upholstery |  |  | 1,178 |  |  |  | 6.0 | % |  |  | 1,318 |  |  |  | 6.1 | % |  |  | 4,256 |  |  |  | 6.9 | % |  |  | 4,073 |  |  |  | 6.4 | %
Home Meridian |  |  | 3,503 |  |  |  | 4.1 | % |  |  | - |  |  |  | 0.0 | % |  |  | 5,956 |  |  |  | 2.6 | % |  |  | - |  |  |  |  |
All other |  |  | 165 |  |  |  | 6.1 | % |  |  | (32 | ) |  |  | -1.3 | % |  |  | 430 |  |  |  | 6.0 | % |  |  | (256 | ) |  |  | -4.3 | %
Intercompany eliminations |  |  | 1 |  |  |  |  |  |  |  | 7 |  |  |  |  |  |  |  | 8 |  |  |  |  |  |  |  | 20 |  |  |  |  |
Consolidated |  | $ | 9,939 |  |  |  | 6.8 | % |  | $ | 6,640 |  |  |  | 10.2 | % |  | $ | 22,164 |  |  |  | 5.5 | % |  | $ | 17,741 |  |  |  | 9.5 | %
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Casegoods |  | $ | 343 |  |  |  |  |  |  | $ | 724 |  |  |  |  |  |  | $ | 1,065 |  |  |  |  |  |  | $ | 1,646 |  |  |  |  |
Upholstery |  |  | 430 |  |  |  |  |  |  |  | 107 |  |  |  |  |  |  |  | 638 |  |  |  |  |  |  |  | 524 |  |  |  |  |
Home Meridian |  |  | 122 |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  | 193 |  |  |  |  |  |  |  | - |  |  |  |  |
All other |  |  | 9 |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  | 9 |  |  |  |  |  |  |  | 7 |  |  |  |  |
Consolidated |  | $ | 904 |  |  |  |  |  |  | $ | 831 |  |  |  |  |  |  | $ | 1,905 |  |  |  |  |  |  | $ | 2,177 |  |  |  |  |
Depreciation & Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Casegoods |  | $ | 566 |  |  |  |  |  |  | $ | 500 |  |  |  |  |  |  | $ | 1,650 |  |  |  |  |  |  | $ | 1,374 |  |  |  |  |
Upholstery |  |  | 253 |  |  |  |  |  |  |  | 240 |  |  |  |  |  |  |  | 718 |  |  |  |  |  |  |  | 699 |  |  |  |  |
Home Meridian |  |  | 770 |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  | 3,965 |  |  |  |  |  |  |  | - |  |  |  |  |
All other |  |  | 3 |  |  |  |  |  |  |  | 3 |  |  |  |  |  |  |  | 7 |  |  |  |  |  |  |  | 9 |  |  |  |  |
Consolidated |  | $ | 1,592 |  |  |  |  |  |  | $ | 743 |  |  |  |  |  |  | $ | 6,340 |  |  |  |  |  |  | $ | 2,082 |  |  |  |  |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] | For financial reporting purposes, we are organized into four operating segments – Hooker Casegoods, Home Meridian, Upholstery and an All Other segment, which includes H Contract and Homeware. Based on the way in which we manage, evaluate and internally report our operations, we determined that Home Meridian’s newly acquired operations will be reported as a separate operating segment. The following table presents segment information for the periods, and as of the dates, indicated:
|  | As of October 30, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | As of January 31, |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 2016 |  |  | %Total |  |  |  |  |  |  |  |  |  |  | 2016 |  |  | %Total |  |  |  |  |  |  |  |  |
Total Assets |  |  |  |  |  | Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Assets |  |  |  |  |  |  |  |  |
Hooker Casegoods |  | $ | 131,771 |  |  |  | 43.2 | % |  |  |  |  |  |  |  |  |  | $ | 146,794 |  |  |  | 80.8 | % |  |  |  |  |  |  |  |
Upholstery |  |  | 34,215 |  |  |  | 11.2 | % |  |  |  |  |  |  |  |  |  |  | 34,010 |  |  |  | 18.7 | % |  |  |  |  |  |  |  |
Home Meridian |  |  | 137,879 |  |  |  | 45.2 | % |  |  |  |  |  |  |  |  |  |  | - |  |  |  | 0.0 | % |  |  |  |  |  |  |  |
All other |  |  | 874 |  |  |  | 0.3 | % |  |  |  |  |  |  |  |  |  |  | 863 |  |  |  | 0.5 | % |  |  |  |  |  |  |  |
Intercompany eliminations |  |  | (6 | ) |  |  | 0.0 | % |  |  |  |  |  |  |  |  |  |  | (14 | ) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 304,733 |  |  |  | 100.0 | % |  |  |  |  |  |  |  |  |  | $ | 181,653 |  |  |  | 100.0 | % |  |  |  |  |  |  |  |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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