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v3.22.2.2

Segment Information (Tables) | 9 Months Ended
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Oct. 30, 2022
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 change discussed above.
|  | Thirteen Weeks Ended |  |  | Thirty-Nine Weeks Ended |
|  | October 30, |  |  |  |  |  |  | October 31, |  |  |  |  |  |  | October 30, |  |  |  |  |  |  | October 31, |  |  |  |  |
|  | 2022 |  |  |  |  |  |  | 2021 |  |  |  |  |  |  | 2022 |  |  |  |  |  |  | 2021 |  |  |  |  |
|  |  |  |  |  | % Net |  |  |  |  |  |  | % Net |  |  |  |  |  |  | % Net |  |  |  |  |  |  | % Net |
Net Sales |  |  |  |  |  | Sales |  |  |  |  |  |  | Sales |  |  |  |  |  |  | Sales |  |  |  |  |  |  | Sales |
Hooker Branded |  | $ | 54,696 |  |  |  | 36.1 | % |  | $ | 56,037 |  |  |  | 42.0 | % |  | $ | 149,743 |  |  |  | 33.1 | % |  | $ | 157,304 |  |  |  | 34.3 | %
Home Meridian |  |  | 50,588 |  |  |  | 33.3 | % |  |  | 46,230 |  |  |  | 34.6 | % |  |  | 171,721 |  |  |  | 38.1 | % |  |  | 217,964 |  |  |  | 47.5 | %
Domestic Upholstery |  |  | 43,436 |  |  |  | 28.7 | % |  |  | 29,302 |  |  |  | 22.0 | % |  |  | 122,982 |  |  |  | 27.2 | % |  |  | 78,387 |  |  |  | 17.1 | %
All Other |  |  | 2,860 |  |  |  | 1.9 | % |  |  | 1,859 |  |  |  | 1.4 | % |  |  | 7,357 |  |  |  | 1.6 | % |  |  | 5,152 |  |  |  | 1.1 | %
Consolidated |  | $ | 151,580 |  |  |  | 100 | % |  | $ | 133,428 |  |  |  | 100 | % |  | $ | 451,803 |  |  |  | 100 | % |  | $ | 458,807 |  |  |  | 100 | %
Gross Profit/(Loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 15,510 |  |  |  | 28.4 | % |  | $ | 15,366 |  |  |  | 27.4 | % |  | $ | 44,348 |  |  |  | 29.6 | % |  | $ | 49,639 |  |  |  | 31.6 | %
Home Meridian |  |  | 5,431 |  |  |  | 10.7 | % |  |  | (1,807 | ) |  |  | -3.9 | % |  |  | 19,057 |  |  |  | 11.1 | % |  |  | 17,935 |  |  |  | 8.2 | %
Domestic Upholstery |  |  | 9,918 |  |  |  | 22.8 | % |  |  | 5,782 |  |  |  | 19.7 | % |  |  | 26,400 |  |  |  | 21.5 | % |  |  | 15,936 |  |  |  | 20.3 | %
All Other |  |  | 1,149 |  |  |  | 40.2 | % |  |  | 666 |  |  |  | 35.8 | % |  |  | 2,717 |  |  |  | 36.9 | % |  |  | 1,796 |  |  |  | 34.9 | %
Consolidated |  | $ | 32,008 |  |  |  | 21.1 | % |  | $ | 20,007 |  |  |  | 15.0 | % |  | $ | 92,522 |  |  |  | 20.5 | % |  | $ | 85,306 |  |  |  | 18.6 | %
Operating Income/(Loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 5,217 |  |  |  | 9.5 | % |  | $ | 6,669 |  |  |  | 11.9 | % |  | $ | 15,431 |  |  |  | 10.3 | % |  | $ | 25,040 |  |  |  | 15.9 | %
Home Meridian |  |  | (3,205 | ) |  |  | -6.3 | % |  |  | (10,181 | ) |  |  | -22.0 | % |  |  | (7,290 | ) |  |  | -4.2 | % |  |  | (9,274 | ) |  |  | -4.3 | %
Domestic Upholstery |  |  | 3,823 |  |  |  | 8.8 | % |  |  | 1,589 |  |  |  | 5.4 | % |  |  | 8,288 |  |  |  | 6.7 | % |  |  | 3,890 |  |  |  | 5.0 | %
All Other |  |  | 583 |  |  |  | 20.4 | % |  |  | 195 |  |  |  | 10.5 | % |  |  | 1,204 |  |  |  | 16.4 | % |  |  | 519 |  |  |  | 10.1 | %
Consolidated |  | $ | 6,418 |  |  |  | 4.2 | % |  | $ | (1,728 | ) |  |  | -1.3 | % |  | $ | 17,633 |  |  |  | 3.9 | % |  | $ | 20,175 |  |  |  | 4.4 | %
Capital Expenditures (net of disposals) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 589 |  |  |  |  |  |  | $ | 306 |  |  |  |  |  |  | $ | 1,295 |  |  |  |  |  |  | $ | 427 |  |  |  |  |
Home Meridian |  |  | 589 |  |  |  |  |  |  |  | 2,501 |  |  |  |  |  |  |  | 1,221 |  |  |  |  |  |  |  | 4,956 |  |  |  |  |
Domestic Upholstery |  |  | 344 |  |  |  |  |  |  |  | 344 |  |  |  |  |  |  |  | 953 |  |  |  |  |  |  |  | 1,233 |  |  |  |  |
All Other |  |  | - |  |  |  |  |  |  |  | 10 |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  | 10 |  |  |  |  |
Consolidated |  | $ | 1,522 |  |  |  |  |  |  | $ | 3,161 |  |  |  |  |  |  | $ | 3,469 |  |  |  |  |  |  | $ | 6,626 |  |  |  |  |
Depreciation & Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 479 |  |  |  |  |  |  | $ | 645 |  |  |  |  |  |  | $ | 1,600 |  |  |  |  |  |  | $ | 1,844 |  |  |  |  |
Home Meridian |  |  | 724 |  |  |  |  |  |  |  | 710 |  |  |  |  |  |  |  | 2,110 |  |  |  |  |  |  |  | 1,779 |  |  |  |  |
Domestic Upholstery |  |  | 963 |  |  |  |  |  |  |  | 682 |  |  |  |  |  |  |  | 2,860 |  |  |  |  |  |  |  | 1,991 |  |  |  |  |
All Other |  |  | 3 |  |  |  |  |  |  |  | 3 |  |  |  |  |  |  |  | 8 |  |  |  |  |  |  |  | 9 |  |  |  |  |
Consolidated |  | $ | 2,169 |  |  |  |  |  |  | $ | 2,040 |  |  |  |  |  |  | $ | 6,578 |  |  |  |  |  |  | $ | 5,623 |  |  |  |  |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | As of October 30, |  |  |  |  |  |  | As of January 30, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 2022 |  |  | %Total |  |  | 2022 |  |  | %Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Identifiable Assets |  |  |  |  |  | Assets |  |  |  |  |  |  | Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 155,965 |  |  |  | 44.2 | % |  | $ | 170,968 |  |  |  | 48.8 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home Meridian |  |  | 129,984 |  |  |  | 36.9 | % |  |  | 130,890 |  |  |  | 37.4 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Upholstery |  |  | 64,884 |  |  |  | 18.4 | % |  |  | 47,232 |  |  |  | 13.5 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
All Other |  |  | 1,797 |  |  |  | 0.5 | % |  |  | 1,126 |  |  |  | 0.3 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 352,630 |  |  |  | 100 | % |  | $ | 350,216 |  |  |  | 100 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consolidated Goodwill and Intangibles |  |  | 47,621 |  |  |  |  |  |  |  | 24,343 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Consolidated Assets |  | $ | 400,251 |  |  |  |  |  |  | $ | 374,559 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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 |  |  | Thirty-Nine Weeks Ended |
|  | October 30, 2022 |  |  | %Total |  |  | October 31, 2021 |  |  | %Total |  |  | October 30, 2022 |  |  | %Total |  |  | October 31, 2021 |  |  | %Total |
Casegoods |  | $ | 86,717 |  |  |  | 57 | % |  | $ | 75,982 |  |  |  | 57 | % |  | $ | 253,748 |  |  |  | 56 | % |  | $ | 271,421 |  |  |  | 59 | %
Upholstery |  |  | 64,863 |  |  |  | 43 | % |  |  | 57,446 |  |  |  | 43 | % |  |  | 198,055 |  |  |  | 44 | % |  |  | 187,386 |  |  |  | 41 | %
|  | $ | 151,580 |  |  |  | 100 | % |  | $ | 133,428 |  |  |  | 100 | % |  | $ | 451,803 |  |  |  | 100 | % |  | $ | 458,807 |  |  |  | 100 | %

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