XML 56 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1

NOTE 14 - INCOME TAXES (Tables)

12 Months Ended

Jan. 28, 2018

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-Two				Fifty-Two
		Weeks Ended				Weeks Ended				Weeks Ended
		January 28,				January 29,				January 31,
		2018				2017				2016
Current expense
Federal		$	12,022			$	14,470			$	7,196
Foreign			85				86				41
State			1,390				1,471				771
Total current expense			13,497				16,027				8,008
Deferred taxes
Federal			4,038				(1,902	)			244
State			(13	)			(216	)			22
Total deferred taxes			4,025				(2,118	)			266
Income tax expense		$	17,522			$	13,909			$	8,274

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 period

		Fifty-Two				Fifty-Two				Fifty-Two
		Weeks Ended				Weeks Ended				Weeks Ended
		January 28,				January 29,				January 31,
		2018				2017				2016
Income taxes at statutory rate			33.9	%			35.0	%			35.0	%
Increase (decrease) in tax rate resulting from:
State taxes, net of federal benefit			2.1				2.2				2.1
Domestic Production Deduction			-0.3				-0.4				-0.6
Officer's life insurance			-0.6				-1.2				-1.1
Captive Life Insurance			0.0				-1.3				0.0
Excess tax deductions on stock-based compensation			-0.4				0.0				0.0
Tax Cuts and Jobs Act of 2017			4.0				0.0				0.0
Change in Valuation allowance			0.0				1.3				0.0
Other			-0.4				-0.1				-1.6
Effective income tax rate			38.3	%			35.5	%			33.8	%

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

		January 28,				January 29,
		2018				2017
Assets
Deferred compensation		$	3,226			$	4,817
Allowance for bad debts			1,437				955
State income taxes			173				32
Intangible assets			-				609
Inventories			-				662
Employee benefits			214				144
Capital loss carryover			335				525
Other			305				460
Total deferred tax assets			5,690				8,204
Valuation allowance			(335	)			(525	)
			5,355				7,679
Liabilities
Inventory			315				-
Intangible assets			108				-
Property, plant and equipment			1,520				131
Unrecognized pension actuarial gains			148				284
Total deferred tax liabilities			2,091				415
Net deferred tax assets			3,264				7,264

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 January 28, 2018 and January 29, 2017 are as follows:

		January 28,				January 29,
		2018				2017
Balance, beginning of year		$	248			$	279
Increase related to prior year tax positions			-				-
Decrease related to prior year tax positions			(157	)			(31	)
Increase related to current year tax positions			-				-
Balance, end of year		$	91			$	248

X

- References

No definition available.

+ Details

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

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

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

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

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

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

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

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI http://asc.fasb.org/extlink&oid=109238393&loc=d3e36027-109320

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319

+ Details

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