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Income Taxes
 6 Months Ended
Jul. 28, 2024
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

12.        Income Taxes

 

During the second quarters of fiscal 2025 and 2024, we recorded income tax expenses of $85,000 and $191,000, respectively. The effective tax rates for these periods were (4.5%) and 19.6%, respectively. Due to the annualization method, we recognized income tax expenses on a loss before income tax in fiscal 2025 second quarter. For the fiscal 2025 first half, we recorded income tax benefits of $731,000 compared to the income tax expense of $593,000 for the previous year’s first half. The effective tax rates for the fiscal 2025 and 2024 first half periods were 10.8% and 21.0%, respectively.

 

No material and non-routine positions have been identified as uncertain tax positions.

 

Tax years ending January 31, 2021 through January 28, 2024 remain subject to examination by federal and state taxing authorities.