XML 28 R13.htm IDEA: XBRL DOCUMENT v3.25.1
Accounts Receivable
 12 Months Ended
Feb. 01, 2025
Accounts Receivable [Abstract]  
Accounts Receivable
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
5.
Accounts Receivable:
Accounts receivable consist of the following (in thousands):
February 1, 2025
February 3, 2024
Customer accounts — principally deferred payment accounts
 
$
11,428
$
11,614
Income tax receivable
5,425
6,285
Miscellaneous receivables
 
3,365
7,171
Bank card receivables
4,903
5,386
Total
 
25,121
30,456
Less allowance for customer credit losses
581
705
Accounts receivable — net
 
$
24,540
$
29,751
Finance charge
 
and late
 
charge
 
revenue on
 
customer deferred
 
payment accounts
 
totaled $
2,696,000
,
$
2,640,000
 
and $
2,243,000
 
for the fiscal
years ended February 1, 2025, February 3, 2024
 
and January 28,
2023,
 
respectively,
 
and
 
charges
 
against
 
the
 
allowance
 
for
 
customer
 
credit
 
losses
 
were
 
approximately
$
654,000
,
 
$
554,000
 
and
 
$
280,000
 
for
 
the
 
fiscal
 
years
 
ended
 
February
 
1,
 
2025,
 
February
 
3,
 
2024
 
and
January
 
28,
 
2023,
 
respectively.
 
Expenses
 
relating
 
to
 
the
 
allowance
 
for
 
customer
 
credit
 
losses
 
are
classified
 
as
 
a
 
component
 
of
 
Selling,
 
general
 
and
 
administrative
 
expense
 
in
 
the
 
accompanying
Consolidated Statements of Income (Loss) and Comprehensive Income
 
(Loss).
 
During fiscal 2024, the Company received $
8.6
 
million from the insurance claim settlement and sale of
its corporate
 
jet, which
 
had sustained
 
damage in
 
fiscal 2023.
 
The Company
 
recorded a
 
net gain
 
of $
3.2
million which
 
is included
 
in Interest
 
and other
 
income in
 
the accompanying
 
Consolidated Statements
 
of
Income (Loss) and Comprehensive Income (Loss) for the year ended February
 
1, 2025.