XML 41 R31.htm IDEA: XBRL DOCUMENT
v3.20.2

Segment Information (Tables) | 3 Months Ended
--- | ---
May 03, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The following table presents segment information for the periods, and as of the dates, indicated. Prior-year information has been recast to reflect the changes in segments discussed above:
|  | Thirteen Weeks Ended |
|  | May 3, 2020 |  |  |  |  |  |  | May 5, 2019 |  |  |  |  |
|  |  |  |  |  | % Net |  |  |  |  |  |  | % Net |
Net Sales |  |  |  |  |  | Sales |  |  |  |  |  |  | Sales |
Hooker Branded |  | $ | 27,162 |  |  |  | 26.0 | % |  | $ | 39,600 |  |  |  | 29.2 | %
Home Meridian |  |  | 57,665 |  |  |  | 55.1 | % |  |  | 67,630 |  |  |  | 49.9 | %
Domestic Upholstery |  |  | 16,783 |  |  |  | 16.0 | % |  |  | 25,324 |  |  |  | 18.7 | %
All Other |  |  | 2,987 |  |  |  | 2.9 | % |  |  | 2,964 |  |  |  | 2.2 | %
Consolidated |  | $ | 104,597 |  |  |  | 100.0 | % |  | $ | 135,518 |  |  |  | 100.0 | %
Gross Profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 8,005 |  |  |  | 29.5 | % |  | $ | 12,556 |  |  |  | 31.7 | %
Home Meridian |  |  | 6,809 |  |  |  | 11.8 | % |  |  | 5,903 |  |  |  | 8.7 | %
Domestic Upholstery |  |  | 2,783 |  |  |  | 16.6 | % |  |  | 6,002 |  |  |  | 23.7 | %
All Other |  |  | 1,056 |  |  |  | 35.4 | % |  |  | 1,056 |  |  |  | 35.6 | %
Consolidated |  | $ | 18,653 |  |  |  | 17.8 | % |  | $ | 25,517 |  |  |  | 18.8 | %
Operating (loss)/Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 1,333 |  |  |  | 4.9 | % |  | $ | 5,177 |  |  |  | 13.1 | %
Home Meridian |  |  | (30,348 | ) |  |  | -52.6 | % |  |  | (4,993 | ) |  |  | -7.4 | %
Domestic Upholstery |  |  | (16,810 | ) |  |  | -100.2 | % |  |  | 2,292 |  |  |  | 9.1 | %
All Other |  |  | 387 |  |  |  | 12.9 | % |  |  | 429 |  |  |  | 14.5 | %
Consolidated |  | $ | (45,438 | ) |  |  | -43.4 | % |  | $ | 2,905 |  |  |  | 2.1 | %
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 53 |  |  |  |  |  |  | $ | 125 |  |  |  |  |
Home Meridian |  |  | 89 |  |  |  |  |  |  |  | 117 |  |  |  |  |
Domestic Upholstery |  |  | 238 |  |  |  |  |  |  |  | 1,285 |  |  |  |  |
All Other |  |  | - |  |  |  |  |  |  |  | - |  |  |  |  |
Consolidated |  | $ | 380 |  |  |  |  |  |  | $ | 1,527 |  |  |  |  |
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
& Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 455 |  |  |  |  |  |  | $ | 492 |  |  |  |  |
Home Meridian |  |  | 528 |  |  |  |  |  |  |  | 531 |  |  |  |  |
Domestic Upholstery |  |  | 699 |  |  |  |  |  |  |  | 690 |  |  |  |  |
All Other |  |  | 3 |  |  |  |  |  |  |  | 3 |  |  |  |  |
Consolidated |  | $ | 1,685 |  |  |  |  |  |  | $ | 1,716 |  |  |  |  |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] | The following table presents segment information for the periods, and as of the dates, indicated. Prior-year information has been recast to reflect the changes in segments discussed above:
|  | As of May 3, |  |  |  |  |  |  | As of February 2, |  |  |  |  |
|  | 2020 |  |  | %Total |  |  | 2020 |  |  | %Total |
Identifiable Assets |  |  |  |  |  | Assets |  |  |  |  |  |  | Assets |
Hooker Branded |  | $ | 153,298 |  |  |  | 49.3 | % |  | $ | 144,112 |  |  |  | 45.0 | %
Home Meridian |  |  | 111,905 |  |  |  | 36.0 | % |  |  | 138,313 |  |  |  | 43.2 | %
Domestic Upholstery |  |  | 43,840 |  |  |  | 14.1 | % |  |  | 36,085 |  |  |  | 11.3 | %
All Other |  |  | 1,924 |  |  |  | 0.6 | % |  |  | 1,769 |  |  |  | 0.5 | %
Consolidated |  | $ | 310,967 |  |  |  | 100.0 | % |  | $ | 320,279 |  |  |  | 100.0 | %
Consolidated Goodwill and Intangibles |  |  | 28,515 |  |  |  |  |  |  |  | 73,429 |  |  |  |  |
Total Consolidated Assets |  | $ | 339,482 |  |  |  |  |  |  | $ | 393,708 |  |  |  |  |
Revenue from External Customers by Products and Services [Table Text Block] | Sales by product type are as follows:
|  | Net Sales (in thousands) |
|  | Thirteen Weeks Ended |
|  | May 3, 2020 |  |  | %Total |  |  | May 5, 2019 |  |  | %Total |
Casegoods |  | $ | 63,602 |  |  |  | 61 | % |  | $ | 84,464 |  |  |  | 62 | %
Upholstery |  |  | 40,995 |  |  |  | 39 | % |  |  | 51,054 |  |  |  | 38 | %
|  | $ | 104,597 |  |  |  | 100 | % |  | $ | 135,518 |  |  |  | 100 | %

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&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 entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + 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