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INCOME TAXES (Tables)

12 Months Ended

Jan. 30, 2022

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 Weeks Ended
		January 30,				January 31,				February 2,
		2022				2021				2020
Current expense
Federal		$	650			$	5,858			$	2,312
Foreign			107				108				255
State			307				1,154				334
Total current expense			1,064				7,120				2,901
Deferred taxes
Federal			1,980				(9,554	)			1,645
State			344				(1,708	)			298
Total deferred taxes			2,324				(11,262	)			1,943
Income tax expense / (benefit)		$	3,388			$	(4,142	)		$	4,844

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 Weeks Ended
		January 30,				January 31,				February 2,
		2022				2021				2020
Income taxes at statutory rate			21.0	%			21.0	%			21.0	%
Increase (decrease) in tax rate resulting from:
State taxes, net of federal benefit			3.4				3.0				2.4
Officer's life insurance			-1.3				1.7				-1.1
Expiration of capital loss			2.0				0.0				0.0
Change in valuation allowance			-1.9				0.0				0.0
Consolidated Appropriation Act provisions			0.0				1.8				0.0
Other			-0.8				0.9				-0.2
Effective income tax rate			22.4	%			28.4	%			22.1	%

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 30,				January 31,
		2022				2021
Assets
Intangible assets		$	7,212			$	8,057
Deferred compensation			2,807				2,765
Allowance for bad debts			2,079				2,235
Employee benefits			643				848
Loss and credit carryover			88				411
Accrued liabilities			320				511
Deferred rent			618				444
Other			194				369
Total deferred tax assets			13,961				15,640
Valuation allowance			(88	)			(411	)
			13,873				15,229
Liabilities
Property, plant and equipment			1,361				775
Inventories			900				281
Total deferred tax liabilities			2,261				1,056
Net deferred tax assets		$	11,612			$	14,173

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- 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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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- 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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
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- 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
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-SubTopic 10
-Section 50
-Paragraph 12
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