XML 65 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes
6 Months Ended
Aug. 03, 2013
Income Tax Disclosure [Abstract]  
Income Taxes

(7) Income Taxes

The Company’s effective tax rates for income (loss) from continuing operations based on the projected effective tax rate for the full year, are as follows:

 

     Three Months Ended     Six Months Ended  

Fiscal 2014

     38.4     10.7

Fiscal 2013

     39.5     4.9

During fiscal 2014, the Company recognized an income tax expense on the income from continuing operations of approximately $11,000. During the six months ended July 28, 2012, the Company recognized income tax expense on income from continuing operations of approximately $43,000 which included an expense of $312,000 on the six month’s pretax income from continuing operations and a benefit of $269,000 related to the favorable resolution of a previously uncertain tax position.

As of August 3, 2013, the Company’s cumulative unrecognized tax benefits totaled $939,000 compared to $941,000 as of January 31, 2013. There were no developments affecting unrecognized tax benefits during the quarter ended August 3, 2013.