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v3.23.2

Segment Information (Tables) | 6 Months Ended
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Jul. 30, 2023
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.
|  | Thirteen Weeks Ended |  |  | Twenty-Six Weeks Ended |
|  | July 30, |  |  |  |  |  |  | July 31, |  |  |  |  |  |  | July 30, |  |  |  |  |  |  | July 31, |  |  |  |  |
|  | 2023 |  |  |  |  |  |  | 2022 |  |  |  |  |  |  | 2023 |  |  |  |  |  |  | 2022 |  |  |  |  |
|  |  |  |  |  | % Net |  |  |  |  |  |  | % Net |  |  |  |  |  |  | % Net |  |  |  |  |  |  | % Net |
Net Sales |  |  |  |  |  | Sales |  |  |  |  |  |  | Sales |  |  |  |  |  |  | Sales |  |  |  |  |  |  | Sales |
Hooker Branded |  | $ | 34,685 |  |  |  | 35.4 | % |  | $ | 52,817 |  |  |  | 34.5 | % |  | $ | 76,576 |  |  |  | 34.9 | % |  | $ | 95,047 |  |  |  | 31.7 | %
Home Meridian |  |  | 28,911 |  |  |  | 29.6 | % |  |  | 59,048 |  |  |  | 38.6 | % |  |  | 70,832 |  |  |  | 32.3 | % |  |  | 121,133 |  |  |  | 40.3 | %
Domestic Upholstery |  |  | 30,892 |  |  |  | 31.6 | % |  |  | 38,326 |  |  |  | 25.1 | % |  |  | 65,996 |  |  |  | 30.0 | % |  |  | 79,546 |  |  |  | 26.5 | %
All Other |  |  | 3,318 |  |  |  | 3.4 | % |  |  | 2,717 |  |  |  | 1.8 | % |  |  | 6,217 |  |  |  | 2.8 | % |  |  | 4,497 |  |  |  | 1.5 | %
Consolidated |  | $ | 97,806 |  |  |  | 100 | % |  | $ | 152,908 |  |  |  | 100.0 | % |  | $ | 219,621 |  |  |  | 100.0 | % |  | $ | 300,223 |  |  |  | 100.0 | %
Gross Profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 12,419 |  |  |  | 35.8 | % |  | $ | 15,598 |  |  |  | 29.5 | % |  | $ | 25,512 |  |  |  | 33.3 | % |  | $ | 28,837 |  |  |  | 30.3 | %
Home Meridian |  |  | 3,210 |  |  |  | 11.1 | % |  |  | 7,321 |  |  |  | 12.4 | % |  |  | 9,922 |  |  |  | 14.0 | % |  |  | 13,626 |  |  |  | 11.2 | %
Domestic Upholstery |  |  | 6,365 |  |  |  | 20.6 | % |  |  | 7,128 |  |  |  | 18.6 | % |  |  | 13,387 |  |  |  | 20.3 | % |  |  | 16,483 |  |  |  | 20.7 | %
All Other |  |  | 1,347 |  |  |  | 40.6 | % |  |  | 1,008 |  |  |  | 37.1 | % |  |  | 2,426 |  |  |  | 39.0 | % |  |  | 1,568 |  |  |  | 34.9 | %
Consolidated |  | $ | 23,341 |  |  |  | 23.9 | % |  | $ | 31,055 |  |  |  | 20.3 | % |  | $ | 51,247 |  |  |  | 23.3 | % |  | $ | 60,514 |  |  |  | 20.2 | %
Operating Income/(Loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 3,223 |  |  |  | 9.3 | % |  | $ | 6,072 |  |  |  | 11.5 | % |  | $ | 5,524 |  |  |  | 7.2 | % |  | $ | 10,214 |  |  |  | 10.7 | %
Home Meridian |  |  | (3,336 | ) |  |  | -11.5 | % |  |  | (991 | ) |  |  | -1.7 | % |  |  | (5,454 | ) |  |  | -7.7 | % |  |  | (4,085 | ) |  |  | -3.4 | %
Domestic Upholstery |  |  | 724 |  |  |  | 2.3 | % |  |  | 1,713 |  |  |  | 4.5 | % |  |  | 2,051 |  |  |  | 3.1 | % |  |  | 4,465 |  |  |  | 5.6 | %
All Other |  |  | 662 |  |  |  | 20.0 | % |  |  | 497 |  |  |  | 18.3 | % |  |  | 1,128 |  |  |  | 18.1 | % |  |  | 621 |  |  |  | 13.8 | %
Consolidated |  | $ | 1,273 |  |  |  | 1.3 | % |  | $ | 7,291 |  |  |  | 4.8 | % |  | $ | 3,249 |  |  |  | 1.5 | % |  | $ | 11,215 |  |  |  | 3.7 | %
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 622 |  |  |  |  |  |  | $ | 239 |  |  |  |  |  |  | $ | 3,409 |  |  |  |  |  |  | $ | 706 |  |  |  |  |
Home Meridian |  |  | 11 |  |  |  |  |  |  |  | 592 |  |  |  |  |  |  |  | 238 |  |  |  |  |  |  |  | 632 |  |  |  |  |
Domestic Upholstery |  |  | 141 |  |  |  |  |  |  |  | 286 |  |  |  |  |  |  |  | 257 |  |  |  |  |  |  |  | 609 |  |  |  |  |
All Other |  |  | 33 |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  | 61 |  |  |  |  |  |  |  | - |  |  |  |  |
Consolidated |  | $ | 807 |  |  |  |  |  |  | $ | 1,117 |  |  |  |  |  |  | $ | 3,965 |  |  |  |  |  |  | $ | 1,947 |  |  |  |  |
Depreciation & Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 503 |  |  |  |  |  |  | $ | 437 |  |  |  |  |  |  | $ | 994 |  |  |  |  |  |  | $ | 1,122 |  |  |  |  |
Home Meridian |  |  | 690 |  |  |  |  |  |  |  | 725 |  |  |  |  |  |  |  | 1,377 |  |  |  |  |  |  |  | 1,386 |  |  |  |  |
Domestic Upholstery |  |  | 1,007 |  |  |  |  |  |  |  | 957 |  |  |  |  |  |  |  | 1,954 |  |  |  |  |  |  |  | 1,896 |  |  |  |  |
All Other |  |  | 25 |  |  |  |  |  |  |  | 3 |  |  |  |  |  |  |  | 47 |  |  |  |  |  |  |  | 5 |  |  |  |  |
Consolidated |  | $ | 2,225 |  |  |  |  |  |  | $ | 2,122 |  |  |  |  |  |  | $ | 4,372 |  |  |  |  |  |  | $ | 4,409 |  |  |  |  |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | As of July 30, |  |  |  |  |  |  | As of January 29, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 2023 |  |  | %Total |  |  | 2023 |  |  | %Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Identifiable Assets |  |  |  |  |  | Assets |  |  |  |  |  |  | Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hooker Branded |  | $ | 184,244 |  |  |  | 60.5 | % |  | $ | 174,523 |  |  |  | 52.1 | % |  |
Home Meridian |  |  | 55,927 |  |  |  | 18.3 | % |  |  | 92,469 |  |  |  | 27.6 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Upholstery |  |  | 60,534 |  |  |  | 19.9 | % |  |  | 66,435 |  |  |  | 19.8 | % |  |
All Other |  |  | 3,863 |  |  |  | 1.3 | % |  |  | 1,558 |  |  |  | 0.5 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 304,568 |  |  |  | 100 | % |  | $ | 334,985 |  |  |  | 100 | % |  |
Consolidated Goodwill and Intangibles |  |  | 45,547 |  |  |  |  |  |  |  | 46,731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Consolidated Assets |  | $ | 350,115 |  |  |  |  |  |  | $ | 381,716 |  |  |  |  |  |  |
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 |  |  | Twenty-Six Weeks Ended |
|  | July 30, 2023 |  |  | %Total |  |  | July 31, 2022 |  |  | %Total |  |  | July 30, 2023 |  |  | %Total |  |  | July 31, 2022 |  |  | %Total |
Casegoods |  | $ | 49,984 |  |  |  | 51 | % |  | $ | 92,869 |  |  |  | 61 | % |  | $ | 117,883 |  |  |  | 54 | % |  | $ | 167,313 |  |  |  | 56 | %
Upholstery |  |  | 47,822 |  |  |  | 49 | % |  |  | 60,039 |  |  |  | 39 | % |  |  | 101,738 |  |  |  | 46 | % |  |  | 132,910 |  |  |  | 44 | %
|  | $ | 97,806 |  |  |  | 100 | % |  | $ | 152,908 |  |  |  | 100 | % |  | $ | 219,621 |  |  |  | 100 | % |  | $ | 300,223 |  |  |  | 100 | %

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