NOTE 13 - INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2016

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-Two
	Weeks Ended		Weeks Ended		Weeks Ended
	January 31,		February 1,		February 2,
	2016		2015		2014
Current expense
Federal	$	7,196	$	6,024	$	3,755
Foreign		41		40		41
State		771		635		403
Total current expense		8,008		6,699		4,199
Deferred taxes
Federal		244		97		214
State		22		24		126
Total deferred taxes		266		121		340
Income tax expense	$	8,274	$	6,820	$	4,539

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-Two
	Weeks Ended			Weeks Ended			Weeks Ended
	January 31,			February 1,			February 2,
	2016			2015			2014
Income taxes at statutory rate		35.0	%		35.0	%		34.0	%
Increase (decrease) in tax rate resulting from:
State taxes, net of federal benefit		2.1			2.0			2.1
Domestic Production Deduction		(0.6	)		-			-
Officer's life insurance		(1.1	)		(1.2	)		(1.8	)
Other, net		(1.6	)		(0.6	)		2.1
Effective income tax rate		33.8	%		35.2	%		36.4	%

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:

	January 31,			February 1,
	2016			2015
Assets
Deferred compensation	$	4,345		$	4,120
Allowance for bad debts		380			492
State income taxes		43			8
Property, plant and equipment		-			405
Intangible assets		703			524
Charitable contribution carryforward		-			246
Inventories		158			-
Other		378			404
Total deferred tax assets		6,007			6,199
Valuation allowance		-			-
		6,007			6,199
Liabilities
Employee benefits		256			362
Inventories		-			143
Property, plant and equipment		321			-
Total deferred tax liabilities		577			505
Net deferred tax asset without AOCI		5,430			5,694
Deferred tax asset (liability) in AOCI		(80	)		198
Total net deferred tax asset	$	5,350		$	5,892

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 January 31, 2016 and February 1, 2015 are as follows:

	January 31,			February 1,
	2016			2015
Balance, beginning of year	$	482		$	359
Increase related to prior year tax positions		-			75
Decrease related to prior year tax positions		(203	)		-
Increase related to current year tax positions		-			48
Balance, end of year	$	279		$	482