XML 32 R16.htm IDEA: XBRL DOCUMENT v3.19.1

NOTE 8 - INVENTORIES

12 Months Ended

Feb. 03, 2019

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

NOTE 8 – INVENTORIES

		February 3,				January 28,
		2019				2018
Finished furniture		$	112,847			$	92,502
Furniture in process			1,825				1,440
Materials and supplies			10,896				8,780
Inventories at FIFO			125,568				102,722
Reduction to LIFO basis			(20,364	)			(18,263	)
Inventories		$	105,204			$	84,459

If the first-in, first-out (FIFO) method had been used in valuing all inventories, net income would have been $41.5 million in fiscal 2019, $28.1 million in fiscal 2018, and $24.2 million in fiscal 2017. We recorded LIFO expense of $2.1 million in fiscal 2019, LIFO income of $225,000 in fiscal 2018 and $1.6 million in fiscal 2017.

At February 3, 2019 and January 28, 2018, we had $1.3 million and $3.2 million, respectively, in consigned inventories, which are included in the “Finished furniture” line in the table above.

At February 3, 2019, we held $8.1 million in inventory outside of the United States, in China and in Vietnam. At January 28, 2018, we held $10.5 million in inventory outside of the United States, in China and in Vietnam. 

X

- References

No definition available.

+ Details

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

X

- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

+ Details

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