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Selected Quarterly Data (Unaudited)
 12 Months Ended
Feb. 02, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data (Unaudited)

M. SELECTED QUARTERLY DATA (UNAUDITED)

(Certain columns may not foot due to rounding.)

 

 

 

FIRST

QUARTER

 

 

SECOND

QUARTER

 

 

THIRD

QUARTER

 

 

FOURTH

QUARTER

 

 

FULL

YEAR

 

 

 

(In Thousands, Except Per Share Data)

 

FISCAL YEAR 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

113,331

 

 

$

122,206

 

 

$

107,069

 

 

$

131,150

 

 

$

473,756

 

Gross profit

 

 

50,688

 

 

 

56,525

 

 

 

47,060

 

 

 

57,016

 

 

 

211,289

 

Operating loss

 

 

(2,226

)

 

 

(222

)

 

 

(1,230

)

 

 

(6,441

)

 

 

(10,119

)

Loss before taxes

 

 

(3,112

)

 

 

(1,180

)

 

 

(2,028

)

 

 

(7,261

)

 

 

(13,581

)

Income tax provision (benefit)

 

 

(2

)

 

 

5

 

 

 

(22

)

 

 

(31

)

 

 

(50

)

Net loss

 

$

(3,110

)

 

$

(1,185

)

 

$

(2,006

)

 

$

(7,230

)

 

$

(13,531

)

Loss per share – basic and diluted

 

$

(0.06

)

 

$

(0.02

)

 

$

(0.04

)

 

$

(0.15

)

 

$

(0.28

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FISCAL YEAR 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

107,629

 

 

$

121,125

 

 

$

103,700

 

 

$

135,522

 

 

$

467,976

 

Gross profit

 

 

48,688

 

 

 

55,817

 

 

 

44,813

 

 

 

61,039

 

 

 

210,357

 

Operating loss

 

 

(5,234

)

 

 

(2,872

)

 

 

(4,835

)

 

 

(5,100

)

 

 

(18,041

)

Loss before taxes

 

 

(6,036

)

 

 

(3,696

)

 

 

(5,706

)

 

 

(5,960

)

 

 

(21,398

)

Income tax provision (benefit)

 

 

29

 

 

 

35

 

 

 

-

 

 

 

(2,636

)

 

 

(2,572

)

Net loss

 

$

(6,065

)

 

$

(3,731

)

 

$

(5,706

)

 

$

(3,324

)

 

 

(18,826

)

Loss per share – basic and diluted

 

$

(0.12

)

 

$

(0.08

)

 

$

(0.12

)

 

$

(0.07

)

 

$

(0.39

)

 

The Company’s fiscal quarters are based on a retail cycle of 13 weeks. Fiscal 2017 was a 53-week year, therefore, the fourth quarter of fiscal 2017 was a 14-week period.  Historically, and consistent with the retail industry, the Company has experienced seasonal fluctuations as it relates to its operating income and net income. Traditionally, a significant portion of the Company’s operating income and net income is generated in the fourth quarter, as a result of the holiday selling season.