NOTE 6 - PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Feb. 01, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 6 – PROPERTY, PLANT AND EQUIPMENT

	Depreciable Lives	February 1,		February 2,
	(In years)	2015		2014
Buildings and land improvements	15 - 30	$	22,162	$	24,026
Computer software and hardware	3 - 10		18,444		22,294
Machinery and equipment	10		4,757		4,495
Leasehold improvements	Term of lease		2,840		2,765
Furniture and fixtures	3 - 8		2,240		2,060
Other	5		628		689
Total depreciable property at cost			51,070		56,329
Less accumulated depreciation			32,790		36,447
Total depreciable property, net			18,280		19,882
Land			1,067		1,152
Construction-in-progress			3,477		2,718
Property, plant and equipment, net		$	22,824	$	23,752

At February 1, 2015, construction-in-progress consisted of approximately $2.7 million of expenditures related to our ongoing Enterprise Resource Planning (ERP) conversion efforts and approximately $730,000 related to various other projects to enhance our facilities and operations.

§   The increase in machinery and equipment in fiscal 2015 is primarily related to the capitalization of computerized equipment for our upholstery operating segment.

§   The decrease in computer software, hardware and accumulated depreciation in fiscal 2015 is primarily due to the write-off of fully depreciated assets related to our legacy information systems which are no longer in use.

§   The decline in buildings and land improvements and land during fiscal 2015 is primarily due to the completion of the sale of our Cloverleaf warehouse facility in April 2014. We recognized a gain of $34,000 on the sale in our fiscal 2015 year-to-date financial statements. See Item 2 of this report, “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, for additional information regarding this transaction.

No significant property, plant or equipment was held outside of the United States at either February 1, 2015 or February 2, 2014.

Capitalized Software Costs

Certain costs incurred in connection with developing or obtaining computer software for internal use are capitalized.  These costs are amortized over periods of ten years or less. Capitalized software is reported as a component of computer software and hardware above and on the property, plant, and equipment line of our consolidated balance sheets.  The activity in capitalized software costs was:

	Fifty-Two Weeks			Fifty-Two Weeks			Fifty-Three Weeks
	Ended			Ended			Ended
	February 1,			February 2,			February 3,
	2015			2014			2013
Balance beginning of year	$	2,550		$	3,954		$	2,284
Purchases		606			173			2,814
Amortization expense		(430	)		(311	)		(379	)
Disposals		-			(1,266	)		(765	)
Balance end of year	$	2,726		$	2,550		$	3,954