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Interest and Other Income
12 Months Ended
Feb. 01, 2025
Interests and Other Income [Abstract]  
Interest and Other Income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2.
 
Interest and Other Income:
The components of Interest and other income are shown below (in thousands):
Fiscal Year Ended
February 1, 2025
February 3, 2024
January 28, 2023
Dividend income
$
(75)
$
(78)
$
(47)
Interest income
(5,019)
(3,919)
(1,876)
State recovery grant
-
-
(1,431)
Insurance proceeds
-
-
(1,683)
Miscellaneous income
(1,389)
(1,079)
(896)
Net loss (gain) on investment sales
(5,344)
(25)
31
Interest and other income
$
(11,827)
$
(5,101)
$
(5,902)
In
 
fiscal
 
2022,
 
the
 
Company
 
received
 
$
1.4
 
million
 
from
 
the
 
state
 
of
 
North
 
Carolina’s
 
Business
Recovery
 
Program,
 
which
 
provided
 
aid
 
to
 
eligible
 
North
 
Carolina
 
businesses
 
that
 
suffered
 
significant
economic
 
damage from
 
the
 
COVID-19 pandemic.
 
Additionally,
 
in
 
fiscal
 
2022,
 
the
 
Company received
$
1.7
 
million in property insurance claims, including business interruption, from Hurricanes
 
Ida and Laura
in 2021 and 2020.