NOTE 13 - INCOME TAXES (Tables)

12 Months Ended

Feb. 01, 2015

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Our provision for income taxes was as follows for the periods indicated:

	Fifty-Two		Fifty-Two		Fifty-Three
	Weeks Ended		Weeks Ended		Weeks Ended
	February 1,		February 2,		February 3,
	2015		2014		2013
Current expense
Federal	$	6,024	$	3,755	$	3,894
Foreign		40		41		50
State		635		403		403
Total current expense		6,699		4,199		4,347
Deferred taxes
Federal		97		214		(35	)
State		24		126		55
Total deferred taxes		121		340		20
Income tax expense	$	6,820	$	4,539	$	4,367

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The effective income tax rate differed from the federal statutory tax rate as follows for the periods indicated:

	Fifty-Two			Fifty-Two			Fifty-Three
	Weeks Ended			Weeks Ended			Weeks Ended
	February 1,			February 2,			February 3,
	2015			2014			2013
Income taxes at statutory rate		35.0	%		34.0	%		34.0	%
Increase (decrease) in tax rate resulting from:
State taxes, net of federal benefit		2.0			2.1			2.1
Officer's life insurance		(1.2	)		(1.8	)		(3.1	)
Other, net		(0.6	)		2.1			0.6
Effective income tax rate		35.2	%		36.4	%		33.6	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities for the period indicated were:

	February 1,		February 2,
	2015		2014
Assets
Deferred compensation	$	4,120	$	3,455
Allowance for bad debts		492		448
State income taxes		8		43
Property, plant and equipment		405		370
Intangible assets		524		745
Charitable contribution carryforward		246		608
Inventories		-		148
Other		404		308
Total deferred tax assets		6,199		6,125
Valuation allowance		-		(34	)
		6,199		6,091
Liabilities
Employee benefits		362		320
Inventory		143		-
Total deferred tax liabilities		505		320
Net deferred tax asset without AOCI		5,694		5,771
Deferred tax (asset)  liability in AOCI		198		(56	)
Total net deferred tax asset	$	5,892	$	5,715

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the beginning and ending amount of total unrecognized tax benefits for the fiscal years ended February 1, 2015 and February 2, 2014 are as follows:

	February 1,		February 2,
	2015		2014
Balance, beginning of year	$	359	$	-
Increase related to prior year tax positions		75		279
Decrease related to prior year tax positions		-		-
Increase related to current year tax positions		48		80
Balance, end of year	$	482	$	359