0001185185-24-000620.txt : 20240607 0001185185-24-000620.hdr.sgml : 20240607 20240607170156 ACCESSION NUMBER: 0001185185-24-000620 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 73 CONFORMED PERIOD OF REPORT: 20240428 FILED AS OF DATE: 20240607 DATE AS OF CHANGE: 20240607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOOKER FURNISHINGS Corp CENTRAL INDEX KEY: 0001077688 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 540251350 STATE OF INCORPORATION: VA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-25349 FILM NUMBER: 241030506 BUSINESS ADDRESS: STREET 1: 440 E COMMONWEALTH BLVD STREET 2: POB 4708 CITY: MARTINSVILLE STATE: VA ZIP: 24115 BUSINESS PHONE: 2766322133 MAIL ADDRESS: STREET 1: 440 E COMMONWEALTH BLVD STREET 2: POB 4708 CITY: MARTINSVILLE STATE: VA ZIP: 24115 FORMER COMPANY: FORMER CONFORMED NAME: HOOKER FURNITURE CORP DATE OF NAME CHANGE: 19990128 10-Q 1 hoft20240428_10q.htm FORM 10-Q hoft20240428_10q.htm


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


 

FORM 10-Q

 


 

Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

For the quarterly period ended April 28, 2024

 

Commission file number 000-25349

 

HOOKER FURNISHINGS CORPORATION

(Exact name of registrant as specified in its charter)

 

Virginia

54-0251350

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification Number)

 

440 East Commonwealth Boulevard, Martinsville, VA 24112

(Address of principal executive offices, Zip Code)

 

(276) 632-2133

(Registrants telephone

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

 

Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated Filer ☐

Accelerated filer

Non-accelerated Filer ☐ 

Smaller reporting company

Emerging growth company

 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No  

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, no par value 

HOFT

NASDAQ Global Select Market

 

As of May 31, 2024, there were 10,682,190 shares of the registrant’s common stock outstanding.

 

 

 

 

TABLE OF CONTENTS

 

PART I. FINANCIAL INFORMATION

 
     

Item 1.

Financial Statements

3

     

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

17

     

Item 3.

Quantitative and Qualitative Disclosures about Market Risk

28

     

Item 4.

Controls and Procedures

28

     

PART II. OTHER INFORMATION

 
     

Item 5.

Other Information

29

     

Item 6.

Exhibits

29

     

Signature

30

 

 

 

 

PART I. FINANCIAL INFORMATION

 

Item 1. Financial Statements

 

HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

 

As of

 

April 28,

   

January 28,

 
   

2024

   

2024

 
   

(unaudited)

         

Assets

               

Current assets

               

Cash and cash equivalents

  $ 40,875     $ 43,159  

Trade accounts receivable, net

    49,586       51,280  

Inventories

    56,637       61,815  

Income tax recoverable

    2,520       3,014  

Prepaid expenses and other current assets

    7,318       5,530  

Total current assets

    156,936       164,798  

Property, plant and equipment, net

    28,945       29,142  

Cash surrender value of life insurance policies

    28,677       28,528  

Deferred taxes

    13,344       12,005  

Operating leases right-of-use assets

    49,231       50,801  

Intangible assets, net

    27,697       28,622  

Goodwill

    15,036       15,036  

Other assets

    15,664       14,654  

Total non-current assets

    178,594       178,788  

Total assets

  $ 335,530     $ 343,586  
                 

Liabilities and Shareholders Equity

               

Current liabilities

               

Current portion of long-term debt

  $ 22,526     $ 1,393  

Trade accounts payable

    18,619       16,470  

Accrued salaries, wages and benefits

    5,642       7,400  

Customer deposits

    6,610       5,920  

Current portion of operating lease liabilities

    7,085       6,964  

Other accrued expenses

    2,430       3,262  

Total current liabilities

    62,912       41,409  

Long term debt

    -       21,481  

Deferred compensation

    7,262       7,418  

Operating lease liabilities

    44,864       46,414  

Other long-term liabilities

    900       889  

Total long-term liabilities

    53,026       76,202  

Total liabilities

    115,938       117,611  
                 

Shareholders’ equity

               

Common stock, no par value, 20,000 shares authorized,

10,679 and 10,672 shares issued and outstanding on each date

    49,729       49,524  

Retained earnings

    169,174       175,717  

Accumulated other comprehensive income

    689       734  

Total shareholders’ equity

    219,592       225,975  

Total liabilities and shareholders’ equity

  $ 335,530     $ 343,586  

 

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

 

 

HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share data)

(Unaudited)

 

   

For the

 
   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 
                 

Net sales

  $ 93,571     $ 121,815  
                 

Cost of sales

    74,350       93,909  
                 

Gross profit

    19,221       27,906  
                 

Selling and administrative expenses

    23,467       25,048  

Intangible asset amortization

    924       883  
                 

Operating (loss) / income

    (5,170 )     1,975  
                 

Other income, net

    627       56  

Interest expense, net

    364       179  
                 

(Loss) / income before income taxes

    (4,907 )     1,852  
                 

Income tax (benefit) / expense

    (816 )     402  
                 

Net (loss) / income

  $ (4,091 )   $ 1,450  
                 

(Loss) / earnings per share

               

Basic

  $ (0.39 )   $ 0.13  

Diluted

  $ (0.39 )   $ 0.13  
                 
Weighted average shares outstanding:                

Basic

    10,496       10,976  

Diluted

    10,496       11,077  
                 

Cash dividends declared per share

  $ 0.23     $ 0.22  

 

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

 

 

HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) / INCOME

(In thousands)

(Unaudited)

 

   

For the

 
   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 
                 

Net (loss) / income

  $ (4,091 )   $ 1,450  

Other comprehensive income:

               

Actuarial adjustments

    (59 )     (70 )

Income tax effect on adjustments

    14       17  

Adjustments to net periodic benefit cost

    (45 )     (53 )
                 

Total comprehensive (loss) / income

  $ (4,136 )   $ 1,397  

 

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

 

 

HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

 

    For the  
   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 

Operating Activities:

               

Net (loss) / income

  $ (4,091 )   $ 1,450  

Adjustments to reconcile net income to net cash

provided by operating activities:

               

Depreciation and amortization

    2,283       2,147  

Deferred income tax expense

    (1,329 )     293  

Noncash restricted stock and performance awards

    205       371  

Provision for doubtful accounts and sales allowances

    (408 )     37  

Gain on life insurance policies

    (938 )     (634 )

Changes in assets and liabilities:

               

Trade accounts receivable

    2,102       7,564  

Inventories

    5,179       23,487  

Income tax recoverable

    493       93  

Prepaid expenses and other assets

    (2,183 )     (2,080 )

Trade accounts payable

    2,122       (240 )

Accrued salaries, wages, and benefits

    (1,758 )     (3,547 )

Customer deposits

    690       (1,928 )

Operating lease assets and liabilities

    139       305  

Other accrued expenses

    (819 )     (4,743 )

Deferred compensation

    (210 )     (225 )

Net cash provided by operating activities

  $ 1,477     $ 22,350  
                 

Investing Activities:

               

Purchases of property and equipment

    (843 )     (3,158 )

Premiums paid on life insurance policies

    (116 )     (107 )

Net cash used in investing activities

  $ (959 )   $ (3,265 )
                 

Financing Activities:

               

Purchase and retirement of common stock

    -       (4,317 )

Cash dividends paid

    (2,452 )     (2,444 )

Payments for long-term loans

    (350 )     (350 )

Net cash used in financing activities

  $ (2,802 )   $ (7,111 )
                 

Net (decrease) / increase in cash and cash equivalents

    (2,284 )     11,974  

Cash and cash equivalents - beginning of year

    43,159       19,002  

Cash and cash equivalents - end of quarter

  $ 40,875     $ 30,976  
                 

Supplemental disclosure of cash flow information:

               

Cash paid for income taxes

  $ 15     $ 16  

Cash paid for interest, net

    367       202  
                 

Non-cash transactions:

               

Increase in lease liabilities arising from changes in right-of-use assets

  $ 287     $ -  

Increase in property and equipment through accrued purchases

    26       145  

 

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

 

 

HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

(In thousands, except per share data)

(Unaudited)

 

                           

Accumulated

         
                           

Other

   

Total

 
   

Common Stock

   

Retained

   

Comprehensive

   

Shareholders'

 
   

Shares

   

Amount

   

Earnings

   

Income

   

Equity

 

Balance at January 29, 2023

    11,197     $ 50,770     $ 184,386     $ 865     $ 236,021  

Net income for the 13 weeks ended April 30, 2023

                    1,450               1,450  

Actuarial adjustments on defined benefit plan, net of tax of $17

                            (53 )     (53 )

Cash dividends paid ($0.22 per share)

                    (2,444 )             (2,444 )

Purchase and retirement of common stock

    (227 )   $ (1,081 )     (3,240 )             (4,321 )

Restricted stock grants, net of forfeitures

    59       (150 )                     (150 )

Restricted stock compensation cost

            335                       335  

Performance-based restricted stock units cost

            193                       193  

Balance at April 30, 2023

    11,029     $ 50,067     $ 180,152     $ 812     $ 231,031  
                                         
                                         
                                         

Balance at January 28, 2024

    10,672     $ 49,524     $ 175,717     $ 734     $ 225,975  

Net loss for the 13 weeks ended April 28, 2024

                    (4,091 )             (4,091 )

Actuarial adjustments on defined benefit plan, net of tax of $14

                            (45 )     (45 )

Cash dividends paid ($0.23 per share)

                    (2,452 )             (2,452 )

Restricted stock grants, net of forfeitures

    7       (205 )                     (205 )

Restricted stock compensation cost

            268                       268  

Performance-based restricted stock units cost

            142                       142  

Balance at April 28, 2024

    10,679     $ 49,729     $ 169,174     $ 689     $ 219,592  

 

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

 

 

HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Dollar and share amounts in tables, except per share amounts, in thousands unless otherwise indicated)

(Unaudited)

For the Thirteen Weeks Ended April 28, 2024

 

1.         Preparation of Interim Financial Statements

 

The condensed consolidated financial statements of Hooker Furnishings Corporation and subsidiaries (referred to as “we,” “us,” “our,” “Hooker” or the “Company”) have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management these statements include all adjustments necessary for a fair statement of the results of all interim periods reported herein. All such adjustments are of a normal recurring nature. Certain information and footnote disclosures prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) are condensed or omitted pursuant to SEC rules and regulations. However, we believe that the disclosures made are adequate for a fair presentation of our results of operations and financial position. These financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in our annual report on Form 10-K for the fiscal year ended January 28, 2024 (“2024 Annual Report”). The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect both the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from our estimates. Operating results for the interim periods reported herein may not be indicative of the results expected for the fiscal year.

 

The financial statements contained herein are being filed as part of a quarterly report on Form 10-Q covering the 2025 fiscal year thirteen-week period (also referred to as “three months,” “three-month period,” “quarter,” “first quarter” or “quarterly period”) that began January 29, 2024 and ended April 28, 2024. This report discusses our results of operations for these periods compared to the 2024 fiscal year thirteen-week period that began January 30, 2023 and ended April 30, 2023; and our financial condition as of April 28, 2024 compared to January 28, 2024.

 

References in these notes to the condensed consolidated financial statements of the Company to:

 

 

the 2025 fiscal year and comparable terminology mean the fifty-three-week fiscal year that began January 29, 2024 and will end February 2, 2025; and

 

 

the 2024 fiscal year and comparable terminology mean the fifty-two-week fiscal year that began January 30, 2023 and ended January 28, 2024.

 

2.          Recently Adopted Accounting Policies

 

In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”. The new guidance requires enhanced reportable segment disclosures to include significant segment expenses. ASU 2023-07 is effective for annual periods beginning after December 15, 2023 (our fiscal 2025) and interim periods beginning after December 15, 2024 (our fiscal 2026). We are currently evaluating the impact that the adoption of this new guidance will have on our consolidated financial statements and will add necessary disclosures upon adoption.

 

In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The new guidance requires enhanced effective tax rate reconciliation and income taxes paid disclosures. ASU 2023-09 is effective for annual periods beginning after December 15, 2024 (our fiscal 2026). We are currently evaluating the impact that the adoption of this new guidance will have on our consolidated financial statements and will add necessary disclosures upon adoption.

 

We reviewed all other newly issued accounting pronouncements and concluded that they are either not applicable to our business or are not expected to have a material effect on our consolidated financial statements as a result of future adoption.

 

3.         Accounts Receivable

 

   

April 28,

   

January 28,

 
   

2024

   

2024

 
                 

Gross accounts receivable

  $ 52,605     $ 54,897  

Customer allowances

    (1,191 )     (1,800 )

Allowance for doubtful accounts

    (1,828 )     (1,817 )

Trade accounts receivable

  $ 49,586     $ 51,280  

 

 

 

4.          Inventories

 

   

April 28,

   

January 28,

 
   

2024

   

2024

 

Finished furniture

  $ 69,554     $ 75,354  

Furniture in process

    1,695       1,702  

Materials and supplies

    11,189       10,538  

Inventories at FIFO

    82,438       87,594  

Reduction to LIFO basis

    (25,801 )     (25,779 )

Inventories

  $ 56,637     $ 61,815  

 

5.         Property, Plant and Equipment

 

   

Depreciable Lives

   

April 28,

   

January 28,

 
   

(In years)

   

2024

   

2024

 
                       

Buildings and land improvements

  15 - 30     $ 33,797     $ 33,785  

Computer software and hardware

  3 - 10       9,045       8,994  

Machinery and equipment

  10       12,094       11,708  

Leasehold improvements

 

Term of lease

      13,097       12,436  

Furniture and fixtures

  3 - 10       7,427       7,256  

Other

  5       705       698  

Total depreciable property at cost

          76,165       74,877  

Less accumulated depreciation

          (48,737 )     (47,700 )

Total depreciable property, net

          27,428       27,177  

Land

          1,077       1,077  

Construction-in-progress

          440       888  

Property, plant and equipment, net

        $ 28,945     $ 29,142  

 

6.          Cloud Computing Hosting Arrangement

 

We are in the process of implementing a common Enterprise Resource Planning (ERP) system across all divisions. The ERP system went live at Sunset West in December 2022 and in the legacy Hooker divisions and for consolidated reporting in early September 2023. We expect the new ERP system to go live in the Home Meridian segment during fiscal 2026.

 

Based on the provisions of ASU 2018-15, Intangibles — Goodwill and Other — Internal-Use Software, we capitalize implementation costs associated with hosting arrangements that are service contracts. These costs are recorded in other noncurrent assets of our consolidated balance sheets. We amortize on a straight-line basis over a 10-year term as the system went live at Sunset West and the legacy Hooker divisions. The amortization expenses are recorded as a component of selling and administrative expenses in our consolidated statements of operations. Additionally, we recorded capitalized interest as we entered into new term loans in July 2022. Implementation costs of $1.3 million and interest expense of $55,000 were capitalized in fiscal 2025 first quarter. Implementation costs of $1.3 million and interest expense of $66,000 were capitalized in fiscal 2024 first quarter. The capitalized implementation costs at April 28, 2024 and January 28, 2024 were as follows:

 

   

April 28, 2024

   

January 28, 2024

 
   

Gross carrying amount

   

Accumulated amortization

   

Gross carrying amount

   

Accumulated amortization

 

Implementation Costs

  $ 15,019     $ (701 )   $ 13,736     $ (414 )

Interest Expenses

    412       (13 )     357       (8 )

 

 

7.          Fair Value Measurements

 

Fair value is the price that would be received upon the sale of an asset or paid upon the transfer of a liability (an exit price) in an orderly transaction between market participants on the applicable measurement date. We use a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include:

 

 

Level 1, defined as observable inputs such as quoted prices in active markets for identical assets and liabilities;

 

 

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 

 

Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions.

 

As of April 28, 2024 and January 28, 2024, Company-owned life insurance was measured at fair value on a recurring basis based on Level 2 inputs. The fair value of the Company-owned life insurance is determined by inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. Additionally, the fair value of the Company-owned life insurance is marked to market each reporting period and any change in fair value is reflected in income for that period.

 

Our assets measured at fair value on a recurring basis at April 28, 2024 and January 28, 2024, were as follows:

 

   

Fair value at April 28, 2024

   

Fair value at January 28, 2024

 

Description

 

Level 1

   

Level 2

   

Level 3

   

Total

   

Level 1

   

Level 2

   

Level 3

   

Total

 
   

(In thousands)

 

Assets measured at fair value

                                                               

Company-owned life insurance

  $ -     $ 28,677     $ -     $ 28,677     $ -     $ 28,528     $ -     $ 28,528  

 

8.         Intangible Assets

 

Our intangible assets with indefinite lives consist of: goodwill related to the Shenandoah, Sunset West and BOBO Intriguing Objects acquisitions; and trademarks and tradenames related to the acquisitions of Bradington-Young, Home Meridian and BOBO Intriguing Objects. Our intangible assets with definite lives are recorded in our Home Meridian and Domestic Upholstery segments. Details of our intangible assets are as follows:

 

   

April 28, 2024

   

January 28, 2024

 
   

Gross carrying amount

   

Accumulated Amortization

   

Gross carrying amount

   

Accumulated Amortization

 

Intangible assets with indefinite lives:

                               

Goodwill

                               

Domestic Upholstery - Shenandoah *

    490       -       490       -  

Domestic Upholstery - Sunset West

    14,462       -       14,462       -  

All Other - BOBO Intriguing Objects

    84       -       84       -  

Goodwill

    15,036       -       15,036       -  
                                 

Trademarks and Trade names *

    8,011       -       8,011       -  
                                 

Intangible assets with definite lives:

                               

Customer Relations

    38,001       (19,825 )     38,001       (18,982 )

Trademarks and Trade names

    2,334       (822 )     2,334       (741 )
                                 

Intangible assets, net

    48,346       (20,647 )     48,346       (19,723 )

 

*: The amounts are net of impairment charges of $16.4 million related to Shenandoah goodwill and $4.8 million related to certain Home Meridian segment trade names, which were recorded in fiscal 2021.

 

 

Amortization expenses for intangible assets with definite lives were $924,000 and $883,000 for the first quarters of fiscal 2025 and 2024, respectively. For the remainder of fiscal 2025, amortization expense is expected to be approximately $2.8 million.

 

9.          Leases

 

We have operating leases for warehouses, showrooms, manufacturing facilities, offices and equipment. We recognized sublease income of $53,000 and $29,000 in the first quarters of fiscal 2025 and 2024, respectively.

 

The components of lease cost and supplemental cash flow information for leases for the first quarters of fiscal 2025 and 2024 were:

 

   

Thirteen Weeks Ended

 
   

April 28, 2024

   

April 30, 2023

 

Operating lease cost

  $ 2,526     $ 2,838  

Variable lease cost

    105       82  

Short-term lease cost

    116       79  

Total operating lease cost

  $ 2,747     $ 2,999  
                 
                 

Operating cash outflows

  $ 2,608     $ 2,694  

 

The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of April 28, 2024 and January 28, 2024 were as follows:

 

   

April 28, 2024

   

January 28, 2024

 

Real estate

  $ 48,483     $ 49,968  

Property and equipment

    748       833  

Total operating leases right-of-use assets

  $ 49,231     $ 50,801  
                 
                 

Current portion of operating lease liabilities

  $ 7,085     $ 6,964  

Long term operating lease liabilities

    44,864       46,414  

Total operating lease liabilities

  $ 51,949     $ 53,378  

 

The weighted-average discount rate is 5.18%. The weighted-average remaining lease term is 6.9 years.

 

The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on April 28, 2024:

 

   

Undiscounted Future

Operating Lease Payments

 

Remainder of fiscal 2025

  $ 7,194  

2026

    9,653  

2027

    9,495  

2028

    7,874  

2029

    7,350  

2030 and thereafter

    20,994  

Total lease payments

  $ 62,560  

Less: impact of discounting

    (10,611 )

Present value of lease payments

  $ 51,949  

 

 

10.         Long-Term Debt

 

On July 26, 2022, we entered into the Fourth Amendment (the “amendment”) to the Second Amended and Restated Loan Agreement with Bank of America, N.A. (“BofA”) to replenish cash used to make the acquisition of substantially all of the assets of Sunset West (which closed at the beginning of the first quarter of fiscal 2023) (the “Sunset Acquisition”). The Second Amended and Restated Loan Agreement dated as of September 29, 2017, had previously been amended by a First Amendment to Second Amended and Restated Loan Agreement dated as of January 31, 2019, a Second Amendment to Second Amended and Restated Loan Agreement dated as of November 4, 2020, and a Third Amendment to Second Amended and Restated Loan Agreement dated as of January 27, 2021 (as so amended, the “Existing Loan Agreement”). Details of the individual credit facilities provided for in the Amendment are as follows:

 

 

Unsecured Revolving Credit Facility. Under the Amendment, the expiration date of the existing $35 million Unsecured Revolving Credit Facility (the “Existing Revolver”) was extended to July 26, 2027. Any amounts outstanding will bear interest at a rate per annum, equal to the then current Bloomberg Short-Term Bank Yield Index (“BSBY”) (adjusted periodically) plus 1.00%. The interest rate will be adjusted on a monthly basis. The actual daily amount of undrawn letters of credit is subject to a quarterly fee equal to a per annum rate of 1%. We must also pay a quarterly unused commitment fee that is based on the average daily amount of the facility utilized during the applicable quarter;

 

 

2022 Secured Term Loan. The Amendment provided us with an $18 million term loan (the “Secured Term Loan”), which was disbursed to us on July 26, 2022. We are required to pay monthly interest only payments at a rate per annum equal to the then current BSBY rate (adjusted periodically) plus 0.90% on the outstanding balance until the principal is paid in full. The interest rate will be adjusted on a monthly basis. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest. The Secured Term Loan is secured by certain company-owned life insurance policies under a Security Agreement (Assignment of Life Insurance Policy as Collateral) dated July 26, 2022, by and between the Company and BofA; and

 

 

2022 Unsecured Term Loan. The Amendment provided us with a $7 million unsecured term loan (the “Unsecured Term Loan”), which was disbursed to us on July 26, 2022. We are required to make monthly principal payments of $116,667 and monthly interest payments at a rate per annum equal to the then current BSBY (adjusted periodically) plus 1.40% on the outstanding balance until paid in full. The interest rate will be adjusted monthly. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest.

 

We may prepay any outstanding principal amounts borrowed under either the Secured Term Loan or the Unsecured Term Loan at any time, without penalty provided that any payment is accompanied by all accrued interest owed. As of April 28, 2024, $4.5 million was outstanding under the Unsecured Term Loan and $18 million was outstanding under the Secured Term Loan.

 

We incurred $37,500 in debt issuance costs in connection with our term loans. As of April 28, 2024, unamortized loan costs of $24,375 were netted against the carrying value of our term loans on our condensed consolidated balance sheets.

 

The Amendment also included customary representations and warranties and requires us to comply with customary covenants, including, among other things, the following financial covenants:

 

 

Maintain a ratio of funded debt to EBITDA not exceeding:

 

 

o

2.25:1.0 through July 30, 2024; and

 

 

o

2.00:1.00 thereafter.

 

 

A basic fixed charge coverage ratio of at least 1.25:1.00; and

 

 

Limit capital expenditures to no more than $15.0 million during any fiscal year.

 

 

The Existing Loan Agreement also limits our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. The Existing Loan Agreement does not restrict our ability to pay cash dividends on, or repurchase, shares of our common stock, subject to our compliance with the financial covenants discussed above if we are not otherwise in default under the Existing Loan Agreement.

 

Due to our first quarter results, we were not in compliance with the Existing Loan Agreement’s basic fixed charge ratio covenant; however, subsequent to the end of our fiscal 2025 first quarter, we obtained a covenant waiver from BofA. Based on the risk of future non-compliance, we have classified all of the debt as current, and we have sufficient cash and investments on hand to retire the debt if necessary. However, we are in discussions with our lender, and we expect to reach a longer-term solution through amendments to the Existing Loan Agreement or otherwise, such that we expect to be in compliance with our financial covenants beginning in our fiscal 2025 second quarter and for the foreseeable future.

 

As of April 28, 2024, we had $28.3 million available under our $35 million Existing Revolver to fund working capital needs. Standby letters of credit in the aggregate amount of $6.7 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under the Existing Revolver as of April 28, 2024. There were no additional borrowings outstanding under the Existing Revolver as of April 28, 2024.

 

11.         Earnings Per Share

 

We refer you to the discussion of Earnings Per Share in Note 1. Summary of Significant Accounting Policies, in the financial statements included in our 2024 Annual Report, for additional information concerning the calculation of earnings per share (EPS).

 

All stock awards are designed to encourage retention and to provide an incentive for increasing shareholder value. We have issued restricted stock awards to non-employee members of the board of directors since 2006 and to certain non-executive employees since 2014. We have issued restricted stock units (“RSUs”) to certain senior executives since fiscal 2012 under the Company’s Stock Incentive Plan. Each RSU entitles an executive to receive one share of the Company’s common stock if the executive remains continuously employed with the Company through the end of a three-year service period. The RSUs may be paid in shares of our common stock, cash or both at the discretion of the Compensation Committee of our board of directors. We have issued Performance-based Restricted Stock Units (“PSUs”) to certain senior executives since fiscal 2019 under the Company’s Stock Incentive Plan. Each PSU entitles the executive officer to receive one share of our common stock based on the achievement of two specified performance conditions if the executive officer remains continuously employed through the end of the three-year performance period. Historically, one target is based on our annual average growth in our EPS over the performance period and the other target is based on EPS growth over the performance period compared to our peers. The payout or settlement of the PSUs will be made in shares of our common stock.

 

We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs and PSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:

 

   

April 28,

   

January 28,

 
   

2024

   

2024

 
                 

Restricted shares

    171       182  

RSUs and PSUs

    130       140  
      301       322  

 

All restricted shares, RSUs and PSUs awarded that have not yet vested are considered when computing diluted earnings per share.

 

 

The following table sets forth the computation of basic and diluted earnings per share:

 

   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 
                 

Net (loss) / income

  $ (4,091 )   $ 1,450  

Less: Unvested participating restricted stock dividends

    41       30  

Net earnings allocated to unvested participating restricted stock

    -       18  

(Loss) / Earnings available for common shareholders

    (4,132 )     1,402  
                 

Weighted average shares outstanding for basic earnings per share

    10,496       10,976  

Dilutive effect of unvested restricted stock, RSU and PSU awards

    -       101  

Weighted average shares outstanding for diluted earnings per share

    10,496       11,077  
                 

Basic (loss) / earnings per share

  $ (0.39 )   $ 0.13  
                 

Diluted (loss) / earnings per share

  $ (0.39 )   $ 0.13  

 

Due to net loss in fiscal 2025 first quarter, approximately 203,000 shares would have been antidilutive and are therefore excluded from the calculation of earnings per share.

 

12.          Income Taxes

 

We recorded income tax benefits of $816,000 and income tax expenses of $402,000 for the fiscal 2025 and fiscal 2024 first quarters, respectively. The effective tax rates for the fiscal 2025 and 2024 first quarters were 16.6% and 21.7%, respectively.

 

No material and non-routine positions have been identified as uncertain tax positions.

 

Tax years ending January 31, 2021 through January 28, 2024 remain subject to examination by federal and state taxing authorities.

 

13.          Segment Information

 

As a public entity, we are required to present disaggregated information by segment using the management approach. The objective of this approach is to allow users of our financial statements to see our business through the eyes of management based upon the way management reviews performance and makes decisions. The management approach requires segment information to be reported based on how management internally evaluates the operating performance of the company’s business units or segments. The objective of this approach is to meet the basic principles of segment reporting as outlined in ASC 280 Segments (“ASC 280”), which are to allow the users of our financial statements to:

 

 

better understand our performance;

 

better assess our prospects for future net cash flows; and

 

make more informed judgments about us as a whole.

 

We define our segments as those operations our chief operating decision maker (“CODM”) regularly reviews to analyze performance and allocate resources. We measure the results of our segments using, among other measures, each segment’s net sales, gross profit and operating income, as determined by the information regularly reviewed by the CODM.

 

For financial reporting purposes, we are organized into three reportable segments and “All Other”, which includes the remainder of our businesses:

 

 

Hooker Branded, consisting of the operations of our imported Hooker Casegoods and Hooker Upholstery businesses;

 

Home Meridian, is a stand-alone, mostly autonomous business that serves a different type or class of customer than do our other operating segments and at much lower margins;

 

Domestic Upholstery, which includes the domestic upholstery manufacturing operations of Bradington-Young, HF Custom (formerly Sam Moore), Shenandoah Furniture and Sunset West; and

 

All Other, consisting of H Contract, Lifestyle Brands and BOBO Intriguing Objects. None of these operating segments were individually reportable; therefore, we combined them in “All Other” in accordance with ASC 280.

 

 

The following table presents segment information for the periods, and as of the dates, indicated.

 

   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

         
   

2024

           

2023

         
           

% Net

           

% Net

 

Net Sales

         

Sales

           

Sales

 

Hooker Branded

  $ 35,353       37.8 %   $ 43,432       35.7 %

Home Meridian

    26,424       28.2 %     41,921       34.4 %

Domestic Upholstery

    30,027       32.1 %     35,104       28.8 %

All Other

    1,767       1.9 %     1,358       1.1 %

Consolidated

  $ 93,571       100 %   $ 121,815       100 %
                                 

Gross Profit

                               

Hooker Branded

  $ 11,048       31.3 %   $ 13,518       31.1 %

Home Meridian

    3,301       12.5 %     6,713       16.0 %

Domestic Upholstery

    4,705       15.7 %     7,023       20.0 %

All Other

    167       9.5 %     652       48.0 %

Consolidated

  $ 19,221       20.5 %   $ 27,906       22.9 %
                                 

Operating (Loss) / Income

                               

Hooker Branded

  $ 7       0.0 %   $ 2,718       6.3 %

Home Meridian

    (3,423 )     -13.0 %     (2,119 )     -5.1 %

Domestic Upholstery

    (1,308 )     -4.4 %     1,328       3.8 %

All Other

    (446 )     -25.2 %     48       3.5 %

Consolidated

  $ (5,170 )     -5.5 %   $ 1,975       1.6 %
                                 

Capital Expenditures (net of disposals)

                               

Hooker Branded

  $ 205             $ 2,787          

Home Meridian

    235               227          

Domestic Upholstery

    392               116          

All Other

    11               28          

Consolidated

  $ 843             $ 3,158          
                                 

Depreciation & Amortization

                               

Hooker Branded

  $ 681             $ 491          

Home Meridian

    625               687          

Domestic Upholstery

    968               947          

All Other

    9               22          

Consolidated

  $ 2,283             $ 2,147          

 

   

As of April 28,

           

As of January 28,

         
   

2024

   

%Total

   

2024

   

%Total

 

Identifiable Assets

         

Assets

           

Assets

 

Hooker Branded

  $ 171,945       58.7 %   $ 168,832       56.3 %

Home Meridian

    57,869       19.8 %     58,799       19.6 %

Domestic Upholstery

    57,126       19.5 %     67,230       22.4 %

All Other

    5,857       2.0 %     5,067       1.7 %

Consolidated

  $ 292,797       100 %   $ 299,928       100 %

Consolidated Goodwill and Intangibles

    42,733               43,658          

Total Consolidated Assets

  $ 335,530             $ 343,586          

 

 

Sales by product type are as follows:

 

   

Net Sales (in thousands)

 
   

Thirteen Weeks Ended

 
   

April 28, 2024

   

%Total

   

April 30, 2023

   

%Total

 

Casegoods

  $ 53,109       57 %   $ 67,975       56 %

Upholstery

    40,462       43 %     53,840       44 %
    $ 93,571       100 %   $ 121,815       100 %

 

14. Subsequent Events

 

Dividends

 

On June 4, 2024, our board of directors declared a quarterly cash dividend of $0.23 per share which will be paid on June 28, 2024 to shareholders of record at June 14, 2024.

 

 

 

Item 2.          Managements Discussion and Analysis of Financial Condition and Results of Operations

 

All references to the Company, we, us and our in this document refer to Hooker Furnishings Corporation and its consolidated subsidiaries, unless specifically referring to segment information. All references to the Hooker, Hooker Division(s), Hooker Legacy Brands or traditional Hooker divisions or companies refer to all current business units and brands except for those in the Home Meridian segment. The Hooker Branded segment includes Hooker Casegoods and Hooker Upholstery. The Domestic Upholstery segment includes Bradington-Young, HF Custom (formerly Sam Moore), Shenandoah Furniture and Sunset West. All Other includes H Contract, Lifestyle Brands, and BOBO Intriguing Objects.

 

Forward-Looking Statements

 

Certain statements made in this report, including statements under Item 2. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in the notes to the consolidated financial statements included in this report, are not based on historical facts, but are forward-looking statements. These statements reflect our reasonable judgment with respect to future events and typically can be identified by the use of forward-looking terminology such as “believes,” “expects,” “projects,” “intends,” “plans,” “may,” “will,” “should,” “would,” “could” or “anticipates,” or the negatives thereof, or other variations thereof, or comparable terminology, or by discussions of strategy. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Those risks and uncertainties include but are not limited to:

 

 

1)

general economic or business conditions, both domestically and internationally, including the current macro-economic uncertainties and challenges to the retail environment for home furnishings along with instability in the financial and credit markets, in part due to inflation and high interest rates, including their potential impact on (i) our sales and operating costs and access to financing, (ii) customers, and (iii) suppliers and their ability to obtain financing or generate the cash necessary to conduct their respective businesses;

 

 

2)

the cyclical nature of the furniture industry, which is particularly sensitive to changes in consumer confidence, the amount of consumers’ income available for discretionary purchases, and the availability and terms of consumer credit;

 

 

3)

risks associated with the ultimate outcome of our planned cost reduction plans, including the amounts and timing of savings realized;

 

 

4)

risks associated with the outcome of the HMI segment restructuring which we completed in fiscal 2024, including whether we can return the segment to consistent profitability;

 

 

5)

the impairment of our long-lived assets, which can result in reduced earnings and net worth;

 

 

6)

difficulties in forecasting demand for our imported products and raw materials used in our domestic operations;

 

 

7)

risks associated with our reliance on offshore sourcing and the cost of imported goods, including fluctuation in the prices of purchased finished goods, customs issues, freight costs, including the price and availability of shipping containers, ocean vessels, domestic trucking, and warehousing costs and the risk that a disruption in our offshore suppliers or the transportation and handling industries, including labor stoppages, strikes, or slowdowns, could adversely affect our ability to timely fill customer orders;

 

 

8)

adverse political acts or developments in, or affecting, the international markets from which we import products, including duties or tariffs imposed on those products by foreign governments or the U.S. government;

 

 

9)

the direct and indirect costs and time spent by our associates associated with the implementation of our Enterprise Resource Planning system (“ERP”), including costs resulting from unanticipated disruptions to our business;

 

 

10)

the interruption, inadequacy, security breaches or integration failure of our information systems or information technology infrastructure, related service providers or the internet or other related issues including unauthorized disclosures of confidential information, hacking or other cyber-security threats or inadequate levels of cyber-insurance or risks not covered by cyber-insurance;

 

 

11)

risks associated with domestic manufacturing operations, including fluctuations in capacity utilization and the prices and availability of key raw materials, as well as changes in transportation, warehousing and domestic labor costs, availability of skilled labor, and environmental compliance and remediation costs;

 

 

 

12)

the risks related to the Sunset Acquisition including maintaining Sunset West’s existing customer relationships, debt service costs, interest rate volatility, the use of operating cash flows to service debt to the detriment of other corporate initiatives or strategic opportunities, the loss of key employees from Sunset West, the costs and risk associated with the expansion of Sunset West distribution to our East Coast facilities, and failure to realize benefits anticipated from the Sunset Acquisition;

 

 

13)

changes in U.S. and foreign government regulations and in the political, social and economic climates of the countries from which we source our products;

 

 

14)

risks associated with product defects, including higher than expected costs associated with product quality and safety, regulatory compliance costs (such as the costs associated with the US Consumer Product Safety Commission’s new mandatory furniture tip-over standard, STURDY) related to the sale of consumer products and costs related to defective or non-compliant products, product liability claims and costs to recall defective products and the adverse effects of negative media coverage;

 

 

15)

disruptions and damage (including those due to weather) affecting our Virginia or Georgia warehouses, our Virginia, North Carolina or California administrative facilities, our High Point, Las Vegas, and Atlanta showrooms or our representative offices or warehouses in Vietnam and China;

 

 

16)

the risks specifically related to the concentrations of a material part of our sales and accounts receivable in only a few customers, including the loss of several large customers through business consolidations, failures or other reasons, or the loss of significant sales programs with major customers;

 

 

17)

our inability to collect amounts owed to us or significant delays in collecting such amounts;

 

 

18)

achieving and managing growth and change, and the risks associated with new business lines, acquisitions, including the selection of suitable acquisition targets, restructurings, strategic alliances and international operations;

 

 

19)

capital requirements and costs;

 

 

20)

risks associated with distribution through third-party retailers, such as non-binding dealership arrangements;

 

 

21)

the cost and difficulty of marketing and selling our products in foreign markets;

 

 

22)

changes in domestic and international monetary policies and fluctuations in foreign currency exchange rates affecting the price of our imported products and raw materials;

 

 

23)

price competition in the furniture industry;

 

 

24)

competition from non-traditional outlets, such as internet and catalog retailers; and

 

 

25)

changes in consumer preferences, including increased demand for lower-priced furniture.

 

Our forward-looking statements could be wrong considering these and other risks, uncertainties and assumptions. The future events, developments or results described in this report could turn out to be materially different. Any forward-looking statement we make speaks only as of the date of that statement, and we undertake no obligation, except as required by law, to update any forward-looking statements whether as a result of new information, future events or otherwise and you should not expect us to do so.

 

Also, our business is subject to significant risks and uncertainties any of which can adversely affect our business, results of operations, financial condition or future prospects. For a discussion of risks and uncertainties that we face, see the Forward-Looking Statements detailed above and Item 1A, “Risk Factors” in our 2024 Annual Report.

 

Investors should also be aware that while we occasionally communicate with securities analysts and others, it is against our policy to selectively disclose to them any material nonpublic information or other confidential commercial information. Accordingly, investors should not assume that we agree with any projection, forecast or report issued by any analyst regardless of the content of the statement or report, as we have a policy against confirming information issued by others.

 

 

Quarterly Reporting

 

This quarterly report on Form 10-Q includes our unaudited condensed consolidated financial statements for the 2025 fiscal year thirteen-week period (also referred to as “three months,” “three-month period,” “quarter,” “first quarter” or “quarterly period”) that began January 29, 2024 and ended April 28, 2024. This report discusses our results of operations for this period compared to the 2024 fiscal year thirteen-week period that began January 30, 2023 and ended April 30, 2023; and our financial condition as of April 28, 2024 compared to January 28, 2024.

 

References in this report to:

 

 

the 2025 fiscal year and comparable terminology mean the fiscal year that began January 29, 2024, and will end February 2, 2025; and

 

 

the 2024 fiscal year and comparable terminology mean the fiscal year that began January 30, 2023, and ended January 28, 2024.

 

Dollar amounts presented in the tables below are in thousands except for per share data.

 

The following discussion should be read in conjunction with the condensed consolidated financial statements, including the related notes, contained elsewhere in this quarterly report. We also encourage users of this report to familiarize themselves with all of our recent public filings made with the SEC, especially our 2024 Annual Report. Our 2024 Annual Report contains critical information regarding known risks and uncertainties that we face, critical accounting policies and information on commitments and contractual obligations that are not reflected in our condensed consolidated financial statements, as well as a more thorough and detailed discussion of our corporate strategy and new business initiatives.

 

Our 2024 Annual Report and other public filings made with the SEC are available, without charge, at www.sec.gov and at http://investors.hookerfurnishings.com.

 

Overview

 

Hooker Furnishings Corporation, incorporated in Virginia in 1924, is a designer, marketer, and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home décor for the residential, hospitality and contract markets. We also domestically manufacture premium residential custom leather, custom fabric-upholstered furniture and outdoor furniture.

 

Orders and Backlog

 

In the discussion below and herein, we reference changes in sales orders or “orders” and sales order backlog (unshipped orders at a point in time) or “backlog” over and compared to certain periods of time and changes discussed are in sales dollars and not units of inventory, unless stated otherwise. We believe orders are generally good current indicators of sales momentum and business conditions. If the items ordered are in stock and the customer has requested immediate delivery, we generally ship products in about seven days or less from receipt of order; however, orders may be shipped later if they are out of stock or there are production or shipping delays or the customer has requested the order to be shipped at a later date. It is our policy and industry practice to allow order cancellation for casegoods up to the time of shipment or, in the case of container direct orders, up until the time the container is booked with the ocean freight carrier; therefore, customer orders for casegoods are not firm. However, domestically produced upholstered products are predominantly custom-built and consequently, cannot be cancelled once the leather or fabric has been cut. Our hospitality products are highly customized and are generally non-cancellable. For our outdoor furnishings, most orders require a deposit upon order and the balance before production is started, and hence are generally non-cancellable.

 

For the Hooker Branded and Domestic Upholstery segments and All Other, we generally consider backlogs to be one helpful indicator of sales for the upcoming 30-day period, but because of our relatively quick delivery and our cancellation policies, we do not consider order backlogs to be a reliable indicator of expected long-term sales. At times, the ratio of new products to currently available inventory items can affect the amount of the backlog that can be converted to shipments in the short-term. We generally consider the Home Meridian segment’s backlog to be one helpful indicator of that segment’s sales for the upcoming 90-day period. Due to (i) the average sales order sizes of its mass and mega account channels of distribution, (ii) the proprietary nature of many of its products and (iii) the project nature of its hospitality business, for which average order sizes tend to be larger and consequently, the Home Meridian segment’s order backlog tends to be larger.

 

 

There have been exceptions to the general predictive nature of our orders and backlogs noted in the above paragraph, such as during times of extremely high demand and supply chain challenges as experienced during the immediate aftermath of the initial COVID-19 crisis and subsequent recovery. Orders were not being converted to shipments as quickly as would be expected compared to the pre-pandemic environment due to the lack and cost of shipping containers and vessel space as well as limited overseas vendor capacity and our domestic production capacity. As a result, backlogs were significantly elevated and reached historical levels in the prior two years.

 

At April 28, 2024, our backlog of unshipped orders was as follows:

 

   

Order Backlog

 
   

(Dollars in 000s)

 
                                 

Reporting Segment

 

April 28, 2024

   

January 28, 2024

   

April 30, 2023

  *

May 5, 2019

 
                                 

Hooker Branded

  $ 16,138     $ 15,416     $ 18,828     $ 11,559  

Home Meridian

    49,396       36,013       40,413       85,487  

Domestic Upholstery

    19,236       18,920       25,873       10,895  

All Other

    991       1,475       2,246       1,561  
                                 

Consolidated

  $ 85,761     $ 71,824     $ 87,360     $ 109,502  

 

Despite a slight decrease from the previous year's first quarter, consolidated order backlog at the end of fiscal 2025 first quarter showed a significant increase compared to fiscal 2024 year-end. Home Meridian order backlog increased against both periods, driven by continued growth in its hospitality business.

 

*For comparison purposes, we included order backlog as of fiscal 2020 first quarter end, the year before the COVID crisis. At fiscal 2020 first quarter end, Home Meridian backlog included $21.5 million orders from the unprofitable RTA, Clubs and ACH businesses which we decided to exit in fiscal 2022 and fiscal 2023, respectively. Domestic Upholstery backlog did not include Sunset West, the business we acquired in the beginning of fiscal 2023. At fiscal 2020 first quarter end, Sunset West had approximately $3.5 million in backlog. See Review below for additional information on our incoming orders and backlog.

 

Executive Summary-Results of Operations

 

During the fiscal 2025 first quarter, consolidated net sales decreased by $28.2 million, or 23.2%, compared to the prior year’s first quarter. All three reporting segments experienced double-digit sales decreases due to lower demand for home furnishings, which is adversely affecting the industry as a whole. Notably, the absence of $7.5 million in revenue from the Accentrics Home (ACH) product line, which we exited during fiscal 2024, accounted for approximately half of the sales decrease in the Home Meridian segment. Both consolidated gross profit and margin decreased for the quarter. Gross profit decreased primarily due to the loss in sales volume across all segments. Gross margin decreased primarily due to unfavorable customer and product mix in the Home Meridian segment and to a lesser extent under-absorbed costs in Domestic Upholstery segment due to lower production and sales. Consequently, the Company recorded a consolidated operating loss of $5.2 million, with a negative margin of (5.5%), compared to a $2.0 million operating income and 1.6% margin reported in the previous year's first quarter. The consolidated net loss was $4.1 million or ($0.39) per diluted share, compared to net income of $1.5 million or $0.13 per diluted share in the prior year quarter.

 

Our fiscal 2025 first quarter performance is discussed in greater detail below under “Review” and “Results of Operations.”

 

Review

 

Our fiscal 2025 first quarter was challenging due to the ongoing softness in the home furnishings industry, which we attribute to multiple factors, including a sluggish housing market driven by high mortgage rates, delays in major discretionary purchases driven by persistent inflation and high interest rates, as well as lower consumer confidence and home furnishings spending due to the macroeconomic uncertainties. We have cautiously navigated through these challenges by maintaining a strong balance sheet and focusing on fine-tuning growth initiatives including expanding both the Sunset West distribution along the East Coast and the Home Meridian licensed product line, investing in talent, improving showroom experiences, and continuing to grow our contract and hospitality businesses. Despite reporting an operating loss for the quarter, we strongly believe we will return to profitability once demand and sales volumes rebound.

 

 

The Hooker Branded segments net sales decreased by $8.1 million, or 18.6%, compared to the prior year’s first quarter. This decrease was primarily due to decreased unit volume and, to a lesser extent, lower average selling prices resulting from price reductions (due to lower ocean freight costs) implemented late last year. The soft demand across the home furnishings industry led to a 13% decrease in incoming orders during the quarter, with a corresponding 14% decrease in backlog compared to the prior year quarter-end. Quarter-end order backlog remained nearly 40% higher than pre-pandemic levels at the end of fiscal 2020 first quarter. Despite the sales decline, this segment managed to maintain a gross margin of 31.3%, slightly higher than the prior year quarter. Inventories sold in the prior year’s first quarter still carried a portion of high ocean freight costs, which was also reflected in prior year selling prices. Additionally, a shift in the sourcing of Hooker Upholstery products from China to Vietnam, which eliminated tariff costs also contributed to the margin improvement. However, warehousing costs, which are mostly fixed, increased by 160 bps due to lower net sales, despite decreased demurrage and drayage expenses resulting from a more stable supply chain. Although selling and administration expenses were slightly higher in an absolute amount compared to the prior year period, they increased significantly as a percentage of net sales due to lower sales volume. Consequently, Hooker Branded reported breakeven for the quarter, compared to an operating income of $2.4 million in the prior year period. Notably, this segment assumes the majority of expenses associated with the Company’s growth and strategic initiatives. Management remains committed to optimizing spending.

 

The Home Meridian segment experienced a sales decline of $15.5 million, or 37%, compared to the prior year first quarter. The absence of $7.5 million in ACH sales accounted for nearly 50% of the overall decrease in the segment. The remaining decreases in the segment were attributable to sales declines at independent furniture stores, major furniture chains, and hospitality business. Despite more than 3x increase in incoming orders compared to the prior year period, Samuel Lawrence Hospitality (SLH) reported decreased net sales due to the nature of its project-based business model; additionally, its quarter-end backlog was up nearly 2.5x. HMI gross profit and margin both decreased due to the sales volume loss, as well as lower margins resulting from lower-margin product and customer mix. On a more positive note, fixed overhead costs were reduced by $2 million as a result of business repositioning, including redeploying space at our Georgia warehouse to support Sunset West’s East Coast expansion. The segment recorded a quarterly operating loss of $3.4 million, compared to a $2.1 million operating loss in the prior year period. However, this result was consistent with management’s expectations given current industry conditions. Incoming orders increased during the first quarter, and the quarter-end backlog was 22% higher than the same period last year and 37% higher than the fiscal 2024 year-end in January.

 

The Domestic Upholstery segments net sales decreased by $5.1 million, or 14.5%, compared to the prior year first quarter. Each of the divisions, Bradington-Young, HF Custom and Shenandoah experienced double-digit sales decreases. However, Sunset West reported robust sales growth of 20% for the quarter, attributed to its successful expansion to the East Coast and the stabilization of its ERP system over the past year. Additionally, Sunset West saw a 9% increase in incoming orders during the quarter. However, the segment's gross profit and margin both decreased. Direct material costs, direct labor costs, indirect costs, and warehousing costs all increased slightly as percentages of net sales due to the decrease in overall sales and lower production efficiency. Consequently, the segment recorded an operating loss of $1.3 million, compared to operating income of $1.3 million in the prior year period. While HF Custom’s incoming orders increased by 18% during the quarter, quarter-end backlog for the segment decreased compared to prior year quarter-end but increased from fiscal 2024 year-end. Excluding Sunset West, order backlog was 38% higher than the pre-pandemic fiscal 2020 first quarter-end.

 

Cash and cash equivalents stood at $40.9 million at fiscal 2025 first quarter-end, a decrease of $2.3 million from the fiscal 2024 year-end. During the first quarter, we used cash and cash equivalents on hand and $1.5 million cash generated from operating activities to fund $2.5 million in cash dividends to our shareholders, $1.3 million for further development of our cloud-based ERP system, and $843,000 capital expenditures. In addition to our cash balance, we had an aggregate of $28.3 million available under our existing revolver at quarter-end to fund working capital needs, as well as $28.7 million cash surrender value of company-owned life insurance. With strategic inventory management, reasonable capital expenditures, and prudent expense management, we believe we have sufficient financial resources to support our business operations for the foreseeable future.

 

 

Results of Operations

 

The following table sets forth the percentage relationship to net sales of certain items included in the condensed consolidated statements of income included in this report.

 

   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 

Net sales

    100 %     100 %

Cost of sales

    79.5       77.1  

Gross profit

  20.5       22.9  

Selling and administrative expenses

    25.1       20.6  

Intangible asset amortization

    1.0       0.7  

Operating (loss)/income

    (5.5 )     1.6  

Other income, net

    0.7       -  

Interest expense

    0.4       0.1  

(Loss)/income before income taxes

    (5.3 )     1.5  

(Loss)/income tax expense

    (0.9 )     0.3  

Net (loss)/income

    (4.4 )     1.2  

 

Fiscal 2025 First Quarter Compared to Fiscal 2024 First Quarter

 

   

Net Sales

 
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

                         
   

2024

           

2023

                         
           

% Net Sales

            % Net Sales    

$ Change

   

% Change

 

Hooker Branded

  $ 35,353       37.8 %   $ 43,432       35.7 %   $ (8,079 )     -18.6 %

Home Meridian

    26,424       28.2 %     41,921       34.4 %     (15,497 )     -37.0 %

Domestic Upholstery

    30,027       32.1 %     35,104       28.8 %     (5,077 )     -14.5 %

All Other

    1,767       1.9 %     1,358       1.1 %     409       30.1 %

Consolidated

  $ 93,571       100 %   $ 121,815       100 %   $ (28,244 )     -23.2 %

 

Unit Volume

 

FY25 Q1 % Increase

vs. FY24 Q1

   

Average Selling Price ("ASP")

 

FY25 Q1 % Increase

vs. FY24 Q1

 
                     

Hooker Branded

    -10.5 %  

Hooker Branded

    -3.7 %

Home Meridian

    -51.3 %  

Home Meridian

    32.0 %

Domestic Upholstery

    -11.7 %  

Domestic Upholstery

    -1.6 %

All Other

    -35.6 %  

All Other

    -27.5 %

Consolidated

    -41.6 %  

Consolidated

    33.3 %

 

Consolidated net sales decreased in all three segments in the fiscal 2025 first quarter compared to the prior year period:

 

 

The Hooker Branded segment’s net sales decreased by $8.1 million, or 18.6%, in the fiscal 2025 first quarter. This decrease was primarily driven by reduced unit volume due to persistently low demand for in the home furnishings industry. Additionally, average selling prices decreased as a result of price reductions implemented during the second half of last year due to lower ocean freight costs.

 

 

The Home Meridian segment’s net sales decreased by $15.5 million, or 37%, in the fiscal 2025 first quarter. Nearly half of the revenue decline was attributed to the absence of ACH liquidation sales. The remaining decreases were from lower sales through major furniture chains, independent furniture stores, and the hospitality business. Meanwhile, the average selling price increased significantly due to the absence of liquidation sales in the current period. However, it was insufficient to offset the volume loss.

 

 

 

The Domestic Upholstery segment’s net sales decreased by $5.1 million, or 14.5%, in the fiscal 2025 first quarter due to decreased unit volume at Bradington-Young, HF Custom and Shenandoah. In contrast, Sunset West experienced a 20% sales increase compared to the previous year’s first quarter. This growth was attributed to the Company’s effort to expand distribution along the East Coast and the stabilization of its ERP system during the past year.

 

   

Gross Profit and Margin

 
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

                         
   

2024

           

2023

                         
           

% Net Sales

           

% Net Sales

   

$ Change

   

% Change

 

Hooker Branded

  $ 11,048       31.3 %   $ 13,518       31.1 %   $ (2,470 )     -18.3 %

Home Meridian

    3,301       12.5 %     6,713       16.0 %     (3,412 )     -50.8 %

Domestic Upholstery

    4,705       15.7 %     7,023       20.0 %     (2,318 )     -33.0 %

All Other

    167       9.5 %     652       48.0 %     (485 )     -74.4 %

Consolidated

  $ 19,221       20.5 %   $ 27,906       22.9 %   $ (8,685 )     -31.1 %

 

Consolidated gross profit and margin both decreased in fiscal 2025 first quarter.

 

 

The Hooker Branded segment’s gross profit decreased by $2.5 million while gross margin increased slightly. Product costs were lower due to inventory sold in the previous year’s first quarter still carrying high ocean freight costs. However, despite significantly reduced demurrage and drayage expenses, warehousing and distribution expenses, which are primarily fixed costs, increased by 160 bps, driven by lower net sales, and to a lesser extent, increased labor costs.

 

 

The Home Meridian segment’s gross profit and margin decreased by $3.4 million and 350 bps, respectively, in the fiscal 2025 first quarter. These decreases were attributed to multiple factors, including lower net sales and unfavorable customer and product mix. On a more positive note, Georgia warehouse costs were halved due to a decrease in inventory levels. Additionally, the vacant space within the Georgia warehouse was repurposed to support Sunset West’s business along the East Coast.

 

 

The Domestic Upholstery segment’s gross profit and margin decreased by $2.3 million and 430 bps, respectively, in the fiscal 2025 first quarter. Direct material costs, direct labor costs, and indirect costs increased by 110 bps, 60 bps and 120 bps, respectively, as compared to the previous year’s first quarter. These increases were partially offset by lower benefits expenses. Additionally, warehousing costs were 140 bps higher than prior year period due to higher labor costs and lower net sales.

 

   

Selling and Administrative Expenses (S&A)

 
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

                         
   

2024

           

2023

                         
           

% Net Sales

           

% Net Sales

   

$ Change

   

% Change

 

Hooker Branded

  $ 11,040       31.2 %   $ 10,800       24.9 %   $ 240       2.2 %

Home Meridian

    6,394       24.2 %     8,502       20.3 %     (2,108 )     -24.8 %

Domestic Upholstery

    5,419       18.0 %     5,142       14.6 %     277       5.4 %

All Other

    614       34.7 %     604       44.5 %     10       1.7 %

Consolidated

  $ 23,467       25.1 %   $ 25,048       20.6 %   $ (1,581 )     -6.3 %

 

Consolidated selling and administrative (“S&A”) expenses decreased in absolute terms but increased as a percentage of net sales in the fiscal 2025 first quarter.

 

 

The Hooker Branded segment’s S&A expenses increased by a modest $240,000 in absolute terms. However, this translated to a significant rise of 630 bps as a percentage of net sales. This spike was attributed to the decrease in net sales due to low demand for home furnishings, leading to a disproportionate percentage of net sales in comparison to a normal demand cycle. Additionally, this segment assumes the majority of expenses associated with the Company’s growth and strategic initiatives, including investments in talent, showroom expansions, implementation of the new ERP system, and various professional services. These increases were partially offset by reductions in compensation and selling expenses.

 

 

 

The Home Meridian segment’s S&A expenses decreased by $2.1 million for the fiscal 2025 first quarter due to lower selling costs due to decreased net sales, lower compensation expenses and other cost-saving initiatives. S&A expenses increased as a percentage of net sales due to lower net sales.

 

 

The Domestic Upholstery segment’s S&A expenses increased by a modest $277,000 in the fiscal 2025 first quarter due to higher selling expenses and amortization expenses related to the new ERP system. These increases were partially offset by lower compensation expenses.

 

   

Intangible Asset Amortization

 
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

                         
   

2024

           

2023

                         
           

% Net Sales

           

% Net Sales

   

$ Change

   

% Change

 

Intangible asset amortization

  $ 924       1.0 %   $ 883       0.7 %   $ 41       4.6 %

 

Intangible asset amortization expense increased slightly in fiscal 2025 first quarter due to the reassessment and amortization of the Sam Moore trade name. See Note 8 to our Condensed Consolidated Financial Statements for additional information.

 

   

Operating (Loss) / Profit and Margin

 
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

                         
   

2024

           

2023

                         
           

% Net Sales

           

% Net Sales

   

$ Change

   

% Change

 

Hooker Branded

  $ 7       0.0 %   $ 2,718       6.3 %   $ (2,711 )     -99.7 %

Home Meridian

    (3,423 )     -13.0 %     (2,119 )     -5.1 %     (1,304 )     -61.5 %

Domestic Upholstery

    (1,308 )     -4.4 %     1,328       3.8 %     (2,636 )     -198.5 %

All Other

    (446 )     -25.2 %     48       3.5 %     (494 )     -1029.2 %

Consolidated

  $ (5,170 )     -5.5 %   $ 1,975       1.6 %   $ (7,145 )     -361.8 %

 

The Company reported an operating loss in the fiscal 2025 first quarter due to the factors discussed above.

 

   

Income taxes

 
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

                         
   

2024

           

2023

                         
           

% Net Sales

           

% Net Sales

   

$ Change

   

% Change

 

Consolidated income tax (benefits)/expense

  $ (816 )     -0.9 %   $ 402       0.3 %   $ (1,218 )     -303.0 %
                                                 

Effective Tax Rate

    16.6 %             21.7 %                        

 

We recorded income tax benefits of $816,000 and income tax expenses of $402,000 for the fiscal 2025 and fiscal 2024 first quarters, respectively. The effective tax rates for the fiscal 2025 and 2024 first quarters were 16.6% and 21.7%, respectively.

 

   

Net (Loss) / Income

 
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

                         
   

2024

           

2023

                         
           

% Net Sales

           

% Net Sales

   

$ Change

   

% Change

 

Consolidated net (loss) / income

  $ (4,091 )     -4.4 %   $ 1,450       1.2 %   $ (5,541 )     -382.1 %
                                                 

Diluted (loss) / earnings per share

  $ (0.39 )           $ 0.13                          

 

 

Outlook

 

Much remains unsettled on the macroeconomic front. Economic indicators remain mixed with unemployment continuing under 4% and inflation easing slightly in April, leading to record stock market performance in mid-May. However, consumer sentiment index fell nearly 10% in May after holding steady for months, indicating a deterioration in optimism across age, income and education levels.

 

Additionally, in both March and April, existing home sales decreased year-over-year. Because the Federal Reserve has yet to cut interest rates this year, we believe home sales may be flat. As long as interest rates remain high, we believe the housing industry – and therefore home furnishings demand - will remain subdued.

 

This environment has necessitated the adjustment of our cost footprint to current and expected medium-term demand through a realignment of operations which we expect will lead to a 10% reduction in overall fixed costs, the largest cut in our history, but one necessitated by current industry conditions. Planned actions include consolidating BOBO into Hooker Branded, further reducing our Georgia warehouse footprint, and consolidating certain other operations and additional fixed cost reductions. We are still finalizing those plans and expect to have more information in the current fiscal quarter. We are intensely focused on creating an appropriate expense structure, while not jeopardizing the pace and impact of our strategic initiatives, which we believe will have a significant positive impact on Hooker once demand normalizes. We expect to be profitable in the current fiscal year and beyond.

 

Despite the current environment, we believe our investments in new showrooms and expanding our addressable customer base and our focus on our strategic initiatives, will help us gain market share. Already we have seen a nearly 400% increase in traffic and visibility through our expanded showroom footprints. We see tremendous upside potential to take our flagship Hooker Legacy Brands product lines from good to great. The addition of  the new position of Chief Creative Officer (CCO) was extremely well-received by our retailers, designers and sales representatives at the recent High Point Market. The new CCO has significant credibility in the industry and her ability to pull people together for collaboration is powerful. As part of the executive leadership team, she will direct a collaborative merchandising approach across our brands that integrates case goods, import and domestic upholstery and outdoor furnishings, as well as lighting, accessories and accents. As we bring our divisions into full alignment and move forward in the same creative direction, inspired by consumer trends in style, materials, color and aesthetics, we can become a whole-home resource offering a more forward-facing product line and presentation.

 

We continue to believe the investments and process improvements we made in the past year, such as the comprehensive repositioning of Home Meridian with the ultimate goal of sustainable profitability when demand returns to normal levels, along with the continued refinement of our strategy, as well as the transformative approach to merchandising we plan to launch across Hooker Legacy Brands will be a springboard to higher sales and profitability. Since many fundamentals of the economy are solid and our company is well-positioned, we believe an upturn in consumer confidence, demand and industry-wide business will be significant when it occurs.

 

Compared to fiscal year-end in late January, our consolidated backlog is up approximately 19% through the first quarter, and consolidated orders increased by 11%, with orders up across every segment as compared to the previous quarter. We are encouraged by these increases.

 

Financial Condition, Liquidity and Capital Resources

 

Cash Flows – Operating, Investing and Financing Activities

 

   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 

Net cash provided by operating activities

  $ 1,477     $ 22,350  

Net cash used in investing activities

    (959 )     (3,265 )

Net cash used in financing activities

    (2,802 )     (7,111 )

Net (decrease)/increase in cash and cash equivalents

  $ (2,284 )   $ 11,974  

 

 

During fiscal 2025 first quarter ended April 28, 2024, we used cash and cash equivalent on hand and the $1.5 million cash generated from operations to fund $2.5 million in cash dividends to our shareholders, $1.3 million for further development of our cloud-based ERP system, $843,000 capital expenditures and $116,000 in life insurance premiums on Company-owned life insurance policies.

 

In comparison, during the three months ended April 30, 2023, we used a portion of the $22.4 million cash generated from operations to fund $4.3 million share repurchases, $3.2 million capital expenditures including investments in our new showroom, $2.4 million in cash dividends to our shareholders, $1.3 million for development of our cloud-based ERP system, and $107,000 in life insurance premiums on Company-owned life insurance policies.

 

Liquidity, Financial Resources and Capital Expenditures

 

Our financial resources include:

 

 

available cash and cash equivalents, which are highly dependent on incoming order rates and our operating performance;

 

 

expected cash flow from operations;

 

 

available lines of credit; and

 

 

cash surrender value of Company-owned life insurance.

 

The most significant components of our working capital are inventory, accounts receivable and cash and cash equivalents reduced by accounts payable and accrued expenses.

 

Our most significant ongoing short-term cash requirements relate primarily to funding operations (including expenditures for inventory, lease payments and payroll), quarterly dividend payments and capital expenditures related primarily to our ERP project, showroom renovations and upgrading systems, buildings and equipment. The timing of our working capital needs can vary greatly depending on demand for and availability of raw materials and imported finished goods but is generally the greatest in mid-summer because of inventory build-up for the traditional fall selling season. Long term cash requirements relate primarily to funding lease payments and repayment of long-term debt.

 

Loan Agreements and Revolving Credit Facility

 

On July 26, 2022, we entered into the Fourth Amendment to the Second Amended and Restated Loan Agreement (the “Amendment”) with Bank of America, N.A. (“BofA”) to replenish cash used to make the Sunset Acquisition. The Second Amended and Restated Loan Agreement dated as of September 29, 2017, had previously been amended by a First Amendment to Second Amended and Restated Loan Agreement dated as of January 31, 2019, a Second Amendment to Second Amended and Restated Loan Agreement dated as of November 4, 2020, and a Third Amendment to Second Amended and Restated Loan Agreement dated as of January 27, 2021 (as so amended, the “Existing Loan Agreement”). Details of the individual credit facilities provided for in the Amendment are as follows:

 

 

Unsecured Revolving Credit Facility. Under the Amendment, the expiration date of the existing $35 million Unsecured Revolving Credit Facility (the “Existing Revolver”) was extended to July 26, 2027. Any amounts outstanding will bear interest at a rate per annum, equal to the then current Bloomberg Short-Term Bank Yield Index (“BSBY”) (adjusted periodically) plus 1.00%. The interest rate will be adjusted on a monthly basis. The actual daily amount of undrawn letters of credit is subject to a quarterly fee equal to a per annum rate of 1%. We must also pay a quarterly unused commitment fee that is based on the average daily amount of the facility utilized during the applicable quarter;

 

 

2022 Secured Term Loan. The Amendment provided us with an $18 million term loan (the “Secured Term Loan”), which was disbursed to us on July 26, 2022. We are required to pay monthly interest only payments at a rate per annum equal to the then current BSBY rate (adjusted periodically) plus 0.90% on the outstanding balance until the principal is paid in full. The interest rate will be adjusted on a monthly basis. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest. The Secured Term Loan is secured by certain company-owned life insurance policies under a Security Agreement (Assignment of Life Insurance Policy as Collateral) dated July 26, 2022, by and between the Company and BofA; and

 

 

2022 Unsecured Term Loan. The Amendment provided us with a $7 million unsecured term loan (the “Unsecured Term Loan”), which was disbursed to us on July 26, 2022. We are required to make monthly principal payments of $116,667 and monthly interest payments at a rate per annum equal to the then current BSBY (adjusted periodically) plus 1.40% on the outstanding balance until paid in full. The interest rate will be adjusted monthly. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest.

 

 

We may prepay any outstanding principal amounts borrowed under either the Secured Term Loan or the Unsecured Term Loan at any time, without penalty provided that any payment is accompanied by all accrued interest owed. As of April 28, 2024, $4.5 million was outstanding under the Unsecured Term Loan and $18 million was outstanding under the Secured Term Loan.

 

We incurred $37,500 in debt issuance costs in connection with our term loans. As of April 28, 2024, unamortized loan costs of $24,375 were netted against the carrying value of our term loans on our condensed consolidated balance sheets.

 

The Amendment also included customary representations and warranties and requires us to comply with customary covenants, including, among other things, the following financial covenants:

 

 

Maintain a ratio of funded debt to EBITDA not exceeding:

 

 

o

2.25:1.0 through July 30, 2024; and

 

 

o

2.00:1.00 thereafter.

 

 

A basic fixed charge coverage ratio of at least 1.25:1.00; and

 

 

Limit capital expenditures to no more than $15.0 million during any fiscal year.

 

The Existing Loan Agreement also limits our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. The Existing Loan Agreement does not restrict our ability to pay cash dividends on, or repurchase, shares of our common stock, subject to our compliance with the financial covenants discussed above if we are not otherwise in default under the Existing Loan Agreement.

 

Due to our first quarter results, we were not in compliance with the Existing Loan Agreement’s basic fixed charge ratio covenant; however, subsequent to the end of our fiscal 2025 first quarter, we obtained a covenant waiver from BofA. Based on the risk of future non-compliance, we have classified all of the debt as current, and we have sufficient cash and investments on hand to retire the debt if necessary. However, we are in discussions with our lender, and we expect to reach a longer-term solution through amendments to the Existing Loan Agreement or otherwise, such that we expect to be in compliance with our financial covenants beginning in our fiscal 2025 second quarter and for the foreseeable future.

 

As of April 28, 2024, we had $28.3 million available under our $35 million Existing Revolver to fund working capital needs. Standby letters of credit in the aggregate amount of $6.7 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under the Existing Revolver as of April 28, 2024. There were no additional borrowings outstanding under the Existing Revolver as of April 28, 2024.

 

Capital Expenditures

 

We expect to spend approximately $4 million in capital expenditures over the remainder of fiscal 2025 to maintain and enhance our operating systems and facilities, excluding any possible spending decreases resulting from the cost reduction plan discussed above.

 

Enterprise Resource Planning Project

 

During calendar 2021, our Board of Directors approved an upgrade to our current ERP system and implementation efforts began shortly thereafter. The ERP system went live at Sunset West in December 2022 and in the legacy Hooker divisions in early September 2023. We expect it to go live in the Home Meridian segment in fiscal 2026. To complete the ERP system implementation as anticipated, we will be required to expend significant financial and human resources. We anticipate spending approximately $3.0 million in fiscal 2025, with a significant amount of time invested by our associates, excluding any possible spending decreases resulting from the cost reduction plan discussed above.

 

Dividends

 

On June 4, 2024, our board of directors declared a quarterly cash dividend of $0.23 per share which will be paid on June 28, 2024 to shareholders of record at June 14, 2024.

 

Critical Accounting Policies

 

There have been no material changes to our critical accounting policies and estimates from the information provided in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” included in our 2024 Annual Report.

 

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

We are exposed to various types of market risk in the normal course of our business, including the impact of interest rate changes, raw materials price risk and changes in foreign currency exchange rates, which could impact our results of operations or financial condition. We manage our exposure to this risk through our normal operating activities.

 

Interest Rate Risk

 

Borrowings under our revolving credit facility, the Secured Term Loan and the Unsecured Term loan bear interest based on BSBY plus 1.00%, BSBY plus 0.90% and BSBY plus 1.40%, respectively. As such, these debt instruments expose us to market risk for changes in interest rates. There was no outstanding balance under our revolving credit facility as of April 28, 2024 other than standby letters of credit in the amount of $6.7 million. As of April 28, 2024, $22.5 million was outstanding under our term loans. A 1% increase in the BSBY rate would result in an annual increase in interest expenses on our terms loans of approximately $219,000.

 

Raw Materials Price Risk

 

We are exposed to market risk from changes in the cost of raw materials used in our domestic upholstery manufacturing processes; principally, wood, fabric, and foam products. Increases in home construction activity could result in increases in wood and fabric costs. Additionally, the cost of petroleum-based foam products we utilize are sensitive to crude oil prices, which vary due to supply, demand, and geo-political factors.

 

Currency Risk

 

For imported products, we generally negotiate firm pricing denominated in U.S. Dollars with our foreign suppliers, typically for periods of at least one year. We accept the exposure to exchange rate movements beyond these negotiated periods. We do not use derivative financial instruments to manage this risk but could choose to do so in the future. Most of our imports are purchased from suppliers located in Vietnam and China. The Chinese currency floats within a limited range in relation to the U.S. Dollar, resulting in exposure to foreign currency exchange rate fluctuations.

 

Since we transact our imported product purchases in U.S. Dollars, a relative decline in the value of the U.S. Dollar could increase the price we pay for imported products beyond the negotiated periods. We generally expect to reflect substantially all of the effect of any price increases from suppliers in the prices we charge for imported products. However, these changes could adversely impact sales volume or profit margins during affected periods.

 

Item 4. Controls and Procedures

 

Evaluation of Disclosure Controls and Procedures

 

Our management, with the participation of our principal executive officer and principal financial officer, evaluated the effectiveness of our disclosure controls and procedures as of the end of the fiscal quarter ended April 28, 2024. Based on this evaluation, our principal executive officer and principal financial officer have concluded that our disclosure controls and procedures are effective as of April 28, 2024 to provide reasonable assurance that information required to be disclosed in the reports that we file or submit under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to the Company’s management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure and are effective to provide reasonable assurance that such information is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms.

 

Changes in Internal Control over Financial Reporting

 

During fiscal 2024 second quarter, we closed on the acquisition of substantially all of the assets of BOBO Intriguing Objects (“BOBO"). As permitted by SEC guidance for newly acquired businesses, we excluded BOBO’s operations from the scope of our Sarbanes-Oxley Section 404 report on internal controls over financial reporting for the year ending January 28, 2024. We are in the process of implementing our internal control structure at BOBO and expect that this effort will be completed in fiscal 2025.

 

There have been no changes in our internal control over financial reporting during the fiscal quarter ended April 28, 2024, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

 

 

PART II. OTHER INFORMATION

 

Item 5.         Other Information

 

During the three months ended April 28, 2024, no director or officer of the Company adopted, terminated or modified a ‘Rule 10b5-1 trading arrangement’ or ‘non-Rule 10b5-1 trading arrangement,’ as each term is defined in Item 408(a) of Regulation S-K.

 

As further described under “Liquidity, Financial Resources and Capital Expenditures” in Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations herein, the Company entered into a covenant waiver with BofA under the Existing Loan Agreement on June 5, 2024 (the “Waiver”).  A copy of the Waiver is filed herewith as Exhibit 10.2 to this Quarterly Report on Form 10-Q and its terms are hereby incorporated by reference into this Item 5.

 

Item 6.         Exhibits

 

3.1

Articles of Incorporation of the Company, as amended as of September 16, 2021 (incorporated by reference to Exhibit 3.1 to the Company’s Quarterly Report on Form 10-Q (SEC File No. 000-25349) for the quarter ended October 31, 2021)

 

 

3.2*

Amended and Restated Bylaws of the Company, as amended September 5, 2023 (incorporated by reference to Exhibit 3.2 to the Company’s Quarterly Report on Form 10-Q (SEC File No. 000-25349) for the quarter ended July 30, 2023)

 

 

4.1

Articles of Incorporation of the Company, as amended (See Exhibit 3.1)

 

 

4.2

Amended and Restated Bylaws of the Company, as amended (See Exhibit 3.2)

   

10.1

The 2024 Amendment and Restatement of the Hooker Furnishings Corporation Stock Incentive Plan (incorporated by reference to Appendix A to the Company’s 2024 Proxy (SEC File No. 000-25349) filed on May 3, 2024)

   

10.2*

Covenant Waiver Letter between the Company and Bank of America executed on June 5, 2024 under the Company’s Second Amended and Restated Loan Agreement dated as of September 29, 2017.
   

31.1*

Rule 13a-14(a) Certification of the Company’s principal executive officer

 

 

31.2*

Rule 13a-14(a) Certification of the Company’s principal financial officer

 

 

32.1**

Rule 13a-14(b) Certification of the Company’s principal executive officer and principal financial officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

 

101*

Interactive Data Files (formatted as Inline XBRL)

 

 

104*

Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

 

 


*Filed herewith

** Furnished herewith

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

HOOKER FURNISHINGS CORPORATION

 
       
       

Date: June 7, 2024

By:

/s/ Paul A. Huckfeldt

 
   

Paul A. Huckfeldt

 
   

Chief Financial Officer and

Senior Vice President – Finance and Accounting

 

 

 

 

 

 

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EX-10.2 2 ex_684876.htm EXHIBIT 10.2 ex_684876.htm

Exhibit 10.2

 

[Bank of America letterhead]

 

 

June 5, 2024

 

Hooker Furnishings Corporation

440 East Commonwealth Blvd.

Martinsville, Virginia 24112

Attn: Paul A. Huckfeldt

 

Dear Paul:

 

Reference is made to that certain Second Amended and Restated Loan Agreement dated as of September 29, 2017 (as amended from time to time, the “Loan Agreement”), between Bank of America, N.A. (the “Bank”) and Hooker Furnishings Corporation (formerly known as Hooker Furniture Corporaion), a Virginia corporation, Bradington-Young, LLC, a Virginia limited liability company, Sam Moore Furniture LLC, a Virginia limited liability company, and Home Meridian Group, LLC, a Virginia limited liability company (each a “Borrower” and collectively the “Borrowers”), pursuant to which the Bank has made certain credit facilities available to the Borrowers. Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Loan Agreement.

 

As we have discussed, an Event of Default has occurred under the Loan Agreement as a result of the Borrowers’ failture to maintain a Basic Fixed Charge Coverage Ratio as required by Section 9.4(c) of the Loan Agreement as of April 28, 2024 (the “FCCR Covenant Default”).

 

The Bank hereby waives the FCCR Covenant Default.

 

Each Borrower acknowledges and agrees (by the execution of a counterpart of this waiver letter) that (a) the waiver set forth above (the “Waiver”) relates only to the FCCR Covenant Default, and the Bank has not waived any other Default or Event of Default that may be outstanding under the Loan Agreement or any of the other Loan Documents, (b) the Waiver does not imply or in any way obligate the Bank to consent to any transaction or to waive any other Default or Event of Default that may now exist or may hereafter arise, (c) the Waiver does not affect or impair any of the Bank’s rights or remedies under the Loan Agreement or the other Loan Documents, or the right of the Bank to demand strict compliance by the Borrowers with all terms and conditions of the Loan Agreement and the other Loan Documents, except with respect to the FCCR Covenant Default, and (d) all existing terms and conditions of the Loan Agreement and the other Loan Documents are, and shall remain, in full force and effect, and the Bank expressly reserves all of its rights and remedies thereunder.

 

The Borrowers agrees to pay (i) a waiver fee to the Bank in the amount of $10,000, which waiver fee shall be due and payable in full on the date hereof and nonrefundable once paid, and (ii) all out-of-pocket expenses incurred by the Bank in connection with the preparation of this waiver letter and the consummation of the transactions described herein, including, without limitation, the attorneys’ fees and expenses of the Bank.

 

 

 

The effectiveness of this waiver letter is conditioned on the Borrowers signing and returning a copy of this waiver letter to me by electronic mail (colleen.landau@bofa.com), which each Borrower acknowledges and agrees will be treated the same as if this waiver letter were physically delivered to the Bank with original hand-written signatures of the Borrowers.

 

This waiver letter may be executed in any number of counterparts, each of which shall be an original, but all of which taken together shall constitute one and the same instrument.

 

Very truly yours,

 

BANK OF AMERICA, N.A.

 

 

By:          /s/ Colleen Landau                                    

Name:          Colleen Landau

Title:         Senior Vice President

 

 

ACKNOWLEDGED AND AGREED:

 

HOOKER FURNISHINGS CORPORATION,

BRADINGTON-YOUNG, LLC,

SAM MOORE FURNITURE LLC and

HOME MERIDIAN GROUP, LLC

 

 

By:          /s/ Paul A. Huckfeldt                                    

Name:          Paul A. Huckfeldt                                    

Title:          Chief Financial Officer                                    

 

 

#172165952

200160.746

 
EX-31.1 3 ex_683231.htm EXHIBIT 31.1 ex_683231.htm

Exhibit 31.1

 

Form 10-Q for the Quarterly Period Ended April 28, 2024

SECTION 13a-14(a) CERTIFICATION

 

I, Jeremy R. Hoff, certify that:

 

1. I have reviewed this quarterly report on Form 10-Q of Hooker Furnishings Corporation;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

Date: June 7, 2024

By: /s/ Jeremy R. Hoff                                        

Jeremy R. Hoff

Chief Executive Officer and Director

 

 

 
EX-31.2 4 ex_683232.htm EXHIBIT 31.2 ex_683232.htm

Exhibit 31.2

 

Form 10-Q for the Quarterly Period Ended April 28, 2024

SECTION 13a-14(a) CERTIFICATION

 

I, Paul A. Huckfeldt, certify that:

 

1. I have reviewed this quarterly report on Form 10-Q of Hooker Furnishings Corporation;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

Date: June 7, 2024

By: /s/Paul A. Huckfeldt                                   

Paul A. Huckfeldt

Chief Financial Officer and

Senior Vice President - Finance and Accounting

 

 

 
EX-32.1 5 ex_683233.htm EXHIBIT 32.1 ex_683233.htm

Exhibit 32.1

 

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

 

In connection with the Hooker Furnishings Corporation (the “Company”) Quarterly Report on Form 10-Q for the quarterly period ended April 28, 2024, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), each of the undersigned certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of his knowledge:

 

 

 

a.

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

 

b.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

 

Date: June 7, 2024

By: /s/ Jeremy R. Hoff                                 

Jeremy R. Hoff

Chief Executive Officer and Director

 

By: /s/ Paul A. Huckfeldt                             

Paul A. Huckfeldt

Chief Financial Officer and Senior Vice President -

Finance and Accounting

 

 

 

 
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Cover - shares
3 Months Ended
Apr. 28, 2024
May 31, 2024
Document Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Transition Report false  
Entity Interactive Data Current Yes  
Amendment Flag false  
Document Period End Date Apr. 28, 2024  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q1  
Entity Information [Line Items]    
Entity Registrant Name HOOKER FURNISHINGS CORPORATION  
Entity Central Index Key 0001077688  
Entity File Number 000-25349  
Entity Tax Identification Number 54-0251350  
Entity Incorporation, State or Country Code VA  
Current Fiscal Year End Date --01-31  
Entity Current Reporting Status Yes  
Entity Shell Company false  
Entity Filer Category Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Contact Personnel [Line Items]    
Entity Address, Address Line One 440 East Commonwealth Boulevard  
Entity Address, City or Town Martinsville  
Entity Address, State or Province VA  
Entity Address, Postal Zip Code 24112  
Entity Phone Fax Numbers [Line Items]    
City Area Code 276  
Local Phone Number 632-2133  
Entity Listings [Line Items]    
Title of 12(b) Security Common Stock, no par value  
Trading Symbol HOFT  
Security Exchange Name NASDAQ  
Entity Common Stock, Shares Outstanding   10,682,190
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Current assets    
Cash and cash equivalents $ 40,875 $ 43,159
Trade accounts receivable, net 49,586 51,280
Inventories 56,637 61,815
Income tax recoverable 2,520 3,014
Prepaid expenses and other current assets 7,318 5,530
Total current assets 156,936 164,798
Property, plant and equipment, net 28,945 29,142
Cash surrender value of life insurance policies 28,677 28,528
Deferred taxes 13,344 12,005
Operating leases right-of-use assets 49,231 50,801
Intangible assets, net 27,697 28,622
Goodwill 15,036 15,036
Other assets 15,664 14,654
Total non-current assets 178,594 178,788
Total assets 335,530 343,586
Current liabilities    
Current portion of long-term debt 22,526 1,393
Trade accounts payable 18,619 16,470
Accrued salaries, wages and benefits 5,642 7,400
Customer deposits 6,610 5,920
Current portion of operating lease liabilities 7,085 6,964
Other accrued expenses 2,430 3,262
Total current liabilities 62,912 41,409
Long term debt   21,481
Deferred compensation 7,262 7,418
Operating lease liabilities 44,864 46,414
Other long-term liabilities 900 889
Total long-term liabilities 53,026 76,202
Total liabilities 115,938 117,611
Shareholders’ equity    
Common stock, no par value, 20,000 shares authorized, 10,679 and 10,672 shares issued and outstanding on each date 49,729 49,524
Retained earnings 169,174 175,717
Accumulated other comprehensive income 689 734
Total shareholders’ equity 219,592 225,975
Total liabilities and shareholders’ equity $ 335,530 $ 343,586
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CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - shares
shares in Thousands
Apr. 28, 2024
Jan. 28, 2024
Statement of Financial Position [Abstract]    
Common stock, shares authorized 20,000 20,000
Common stock, shares issued 10,679 10,672
Common stock, shares outstanding 10,679 10,672
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Income Statement [Abstract]    
Net sales $ 93,571 $ 121,815
Cost of sales 74,350 93,909
Gross profit 19,221 27,906
Selling and administrative expenses 23,467 25,048
Intangible asset amortization 924 883
Operating (loss) / income (5,170) 1,975
Other income, net 627 56
Interest expense, net 364 179
(Loss) / income before income taxes (4,907) 1,852
Income tax (benefit) / expense (816) 402
Net (loss) / income $ (4,091) $ 1,450
(Loss) / earnings per share    
Basic (in Dollars per share) $ (0.39) $ 0.13
Diluted (in Dollars per share) $ (0.39) $ 0.13
Weighted average shares outstanding:    
Basic (in Shares) 10,496 10,976
Diluted (in Shares) 10,496 11,077
Cash dividends declared per share (in Dollars per share) $ 0.23 $ 0.22
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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Statement of Comprehensive Income [Abstract]    
Net (loss) / income $ (4,091) $ 1,450
Other comprehensive income:    
Actuarial adjustments (59) (70)
Income tax effect on adjustments 14 17
Adjustments to net periodic benefit cost (45) (53)
Total comprehensive (loss) / income $ (4,136) $ 1,397
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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Apr. 28, 2024
Apr. 30, 2023
Operating Activities:        
Net (loss) / income $ (4,091) $ 1,450 $ (4,091) $ 1,450
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 2,283 2,147    
Deferred income tax expense (1,329) 293    
Noncash restricted stock and performance awards 205 371    
Provision for doubtful accounts and sales allowances (408) 37    
Gain on life insurance policies (938) (634)    
Changes in assets and liabilities:        
Trade accounts receivable 2,102 7,564    
Inventories 5,179 23,487    
Income tax recoverable 493 93    
Prepaid expenses and other assets (2,183) (2,080)    
Trade accounts payable 2,122 (240)    
Accrued salaries, wages, and benefits (1,758) (3,547)    
Customer deposits 690 (1,928)    
Operating lease assets and liabilities 139 305    
Other accrued expenses (819) (4,743)    
Deferred compensation (210) (225)    
Net cash provided by operating activities 1,477 22,350    
Investing Activities:        
Purchases of property and equipment (843) (3,158)    
Premiums paid on life insurance policies (116) (107)    
Net cash used in investing activities (959) (3,265)    
Financing Activities:        
Purchase and retirement of common stock   (4,317)    
Cash dividends paid (2,452) (2,444)    
Payments for long-term loans (350) (350)    
Net cash used in financing activities (2,802) (7,111)    
Net (decrease) / increase in cash and cash equivalents (2,284) 11,974    
Cash and cash equivalents - beginning of year 43,159 19,002 30,976  
Cash and cash equivalents - end of quarter 40,875 30,976 $ 40,875 $ 30,976
Supplemental disclosure of cash flow information:        
Cash paid for income taxes 15 16    
Cash paid for interest, net 367 202    
Non-cash transactions:        
Increase in lease liabilities arising from changes in right-of-use assets 287 0    
Increase in property and equipment through accrued purchases $ 26 $ 145    
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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Jan. 29, 2023 $ 50,770 $ 184,386 $ 865 $ 236,021
Balance (in Shares) at Jan. 29, 2023 11,197      
Net income   1,450   1,450
Unrealized gain loss on defined benefit plan, net of tax     (53) (53)
Cash dividends paid   (2,444)   (2,444)
Purchase and retirement of common stock $ (1,081) (3,240)   (4,321)
Purchase and retirement of common stock (in Shares) (227)      
Restricted stock grants, net of forfeitures $ (150)     (150)
Restricted stock grants, net of forfeitures (in Shares) 59      
Restricted stock compensation cost $ 335     335
Performance-based restricted stock units costs 193     193
Balance at Apr. 30, 2023 $ 50,067 180,152 812 231,031
Balance (in Shares) at Apr. 30, 2023 11,029      
Net income       (4,091)
Balance at Apr. 28, 2024 $ 49,729 169,174 689 $ 219,592
Balance (in Shares) at Apr. 28, 2024 10,679     10,679
Balance at Jan. 28, 2024 $ 49,524 175,717 734 $ 225,975
Balance (in Shares) at Jan. 28, 2024 10,672     10,672
Net income   (4,091)   $ (4,091)
Unrealized gain loss on defined benefit plan, net of tax     (45) (45)
Cash dividends paid   (2,452)   (2,452)
Restricted stock grants, net of forfeitures $ (205)     (205)
Restricted stock grants, net of forfeitures (in Shares) 7      
Restricted stock compensation cost $ 268     268
Performance-based restricted stock units costs 142     142
Balance at Apr. 28, 2024 $ 49,729 $ 169,174 $ 689 $ 219,592
Balance (in Shares) at Apr. 28, 2024 10,679     10,679
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parentheticals) - USD ($)
$ in Thousands
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Statement of Stockholders' Equity [Abstract]    
Unrealized loss on defined benefit plan, tax $ 14 $ 17
Cash dividends paid, per share $ 0.23 $ 0.22
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Preparation of Interim Financial Statements
3 Months Ended
Apr. 28, 2024
Accounting Policies [Abstract]  
Business Description and Basis of Presentation [Text Block]

1.         Preparation of Interim Financial Statements

 

The condensed consolidated financial statements of Hooker Furnishings Corporation and subsidiaries (referred to as “we,” “us,” “our,” “Hooker” or the “Company”) have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management these statements include all adjustments necessary for a fair statement of the results of all interim periods reported herein. All such adjustments are of a normal recurring nature. Certain information and footnote disclosures prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) are condensed or omitted pursuant to SEC rules and regulations. However, we believe that the disclosures made are adequate for a fair presentation of our results of operations and financial position. These financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in our annual report on Form 10-K for the fiscal year ended January 28, 2024 (“2024 Annual Report”). The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect both the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from our estimates. Operating results for the interim periods reported herein may not be indicative of the results expected for the fiscal year.

 

The financial statements contained herein are being filed as part of a quarterly report on Form 10-Q covering the 2025 fiscal year thirteen-week period (also referred to as “three months,” “three-month period,” “quarter,” “first quarter” or “quarterly period”) that began January 29, 2024 and ended April 28, 2024. This report discusses our results of operations for these periods compared to the 2024 fiscal year thirteen-week period that began January 30, 2023 and ended April 30, 2023; and our financial condition as of April 28, 2024 compared to January 28, 2024.

 

References in these notes to the condensed consolidated financial statements of the Company to:

 

 

the 2025 fiscal year and comparable terminology mean the fifty-three-week fiscal year that began January 29, 2024 and will end February 2, 2025; and

 

 

the 2024 fiscal year and comparable terminology mean the fifty-two-week fiscal year that began January 30, 2023 and ended January 28, 2024.

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Recently Adopted Accounting Policies
3 Months Ended
Apr. 28, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]  
Accounting Standards Update and Change in Accounting Principle [Text Block]

2.          Recently Adopted Accounting Policies

 

In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”. The new guidance requires enhanced reportable segment disclosures to include significant segment expenses. ASU 2023-07 is effective for annual periods beginning after December 15, 2023 (our fiscal 2025) and interim periods beginning after December 15, 2024 (our fiscal 2026). We are currently evaluating the impact that the adoption of this new guidance will have on our consolidated financial statements and will add necessary disclosures upon adoption.

 

In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The new guidance requires enhanced effective tax rate reconciliation and income taxes paid disclosures. ASU 2023-09 is effective for annual periods beginning after December 15, 2024 (our fiscal 2026). We are currently evaluating the impact that the adoption of this new guidance will have on our consolidated financial statements and will add necessary disclosures upon adoption.

 

We reviewed all other newly issued accounting pronouncements and concluded that they are either not applicable to our business or are not expected to have a material effect on our consolidated financial statements as a result of future adoption.

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Accounts Receivable
3 Months Ended
Apr. 28, 2024
Receivables [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

3.         Accounts Receivable

 

   

April 28,

   

January 28,

 
   

2024

   

2024

 
                 

Gross accounts receivable

  $ 52,605     $ 54,897  

Customer allowances

    (1,191 )     (1,800 )

Allowance for doubtful accounts

    (1,828 )     (1,817 )

Trade accounts receivable

  $ 49,586     $ 51,280  
XML 23 R12.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Inventories
3 Months Ended
Apr. 28, 2024
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

4.          Inventories

 

   

April 28,

   

January 28,

 
   

2024

   

2024

 

Finished furniture

  $ 69,554     $ 75,354  

Furniture in process

    1,695       1,702  

Materials and supplies

    11,189       10,538  

Inventories at FIFO

    82,438       87,594  

Reduction to LIFO basis

    (25,801 )     (25,779 )

Inventories

  $ 56,637     $ 61,815  
XML 24 R13.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Property, Plant and Equipment
3 Months Ended
Apr. 28, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

5.         Property, Plant and Equipment

 

   

Depreciable Lives

   

April 28,

   

January 28,

 
   

(In years)

   

2024

   

2024

 
                       

Buildings and land improvements

  15 - 30     $ 33,797     $ 33,785  

Computer software and hardware

  3 - 10       9,045       8,994  

Machinery and equipment

  10       12,094       11,708  

Leasehold improvements

 

Term of lease

      13,097       12,436  

Furniture and fixtures

  3 - 10       7,427       7,256  

Other

  5       705       698  

Total depreciable property at cost

          76,165       74,877  

Less accumulated depreciation

          (48,737 )     (47,700 )

Total depreciable property, net

          27,428       27,177  

Land

          1,077       1,077  

Construction-in-progress

          440       888  

Property, plant and equipment, net

        $ 28,945     $ 29,142  
XML 25 R14.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Cloud Computing Hosting Arrangement
3 Months Ended
Apr. 28, 2024
Disclosure Text Block Supplement [Abstract]  
Other Assets Disclosure [Text Block]

6.          Cloud Computing Hosting Arrangement

 

We are in the process of implementing a common Enterprise Resource Planning (ERP) system across all divisions. The ERP system went live at Sunset West in December 2022 and in the legacy Hooker divisions and for consolidated reporting in early September 2023. We expect the new ERP system to go live in the Home Meridian segment during fiscal 2026.

 

Based on the provisions of ASU 2018-15, Intangibles — Goodwill and Other — Internal-Use Software, we capitalize implementation costs associated with hosting arrangements that are service contracts. These costs are recorded in other noncurrent assets of our consolidated balance sheets. We amortize on a straight-line basis over a 10-year term as the system went live at Sunset West and the legacy Hooker divisions. The amortization expenses are recorded as a component of selling and administrative expenses in our consolidated statements of operations. Additionally, we recorded capitalized interest as we entered into new term loans in July 2022. Implementation costs of $1.3 million and interest expense of $55,000 were capitalized in fiscal 2025 first quarter. Implementation costs of $1.3 million and interest expense of $66,000 were capitalized in fiscal 2024 first quarter. The capitalized implementation costs at April 28, 2024 and January 28, 2024 were as follows:

 

   

April 28, 2024

   

January 28, 2024

 
   

Gross carrying amount

   

Accumulated amortization

   

Gross carrying amount

   

Accumulated amortization

 

Implementation Costs

  $ 15,019     $ (701 )   $ 13,736     $ (414 )

Interest Expenses

    412       (13 )     357       (8 )
XML 26 R15.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Fair Value Measurements
3 Months Ended
Apr. 28, 2024
Fair Value Disclosures [Abstract]  
Fair Value Disclosures [Text Block]

7.          Fair Value Measurements

 

Fair value is the price that would be received upon the sale of an asset or paid upon the transfer of a liability (an exit price) in an orderly transaction between market participants on the applicable measurement date. We use a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include:

 

 

Level 1, defined as observable inputs such as quoted prices in active markets for identical assets and liabilities;

 

 

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 

 

Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions.

 

As of April 28, 2024 and January 28, 2024, Company-owned life insurance was measured at fair value on a recurring basis based on Level 2 inputs. The fair value of the Company-owned life insurance is determined by inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. Additionally, the fair value of the Company-owned life insurance is marked to market each reporting period and any change in fair value is reflected in income for that period.

 

Our assets measured at fair value on a recurring basis at April 28, 2024 and January 28, 2024, were as follows:

 

   

Fair value at April 28, 2024

   

Fair value at January 28, 2024

 

Description

 

Level 1

   

Level 2

   

Level 3

   

Total

   

Level 1

   

Level 2

   

Level 3

   

Total

 
   

(In thousands)

 

Assets measured at fair value

                                                               

Company-owned life insurance

  $ -     $ 28,677     $ -     $ 28,677     $ -     $ 28,528     $ -     $ 28,528  
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Intangible Assets
3 Months Ended
Apr. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]

8.         Intangible Assets

 

Our intangible assets with indefinite lives consist of: goodwill related to the Shenandoah, Sunset West and BOBO Intriguing Objects acquisitions; and trademarks and tradenames related to the acquisitions of Bradington-Young, Home Meridian and BOBO Intriguing Objects. Our intangible assets with definite lives are recorded in our Home Meridian and Domestic Upholstery segments. Details of our intangible assets are as follows:

 

   

April 28, 2024

   

January 28, 2024

 
   

Gross carrying amount

   

Accumulated Amortization

   

Gross carrying amount

   

Accumulated Amortization

 

Intangible assets with indefinite lives:

                               

Goodwill

                               

Domestic Upholstery - Shenandoah *

    490       -       490       -  

Domestic Upholstery - Sunset West

    14,462       -       14,462       -  

All Other - BOBO Intriguing Objects

    84       -       84       -  

Goodwill

    15,036       -       15,036       -  
                                 

Trademarks and Trade names *

    8,011       -       8,011       -  
                                 

Intangible assets with definite lives:

                               

Customer Relations

    38,001       (19,825 )     38,001       (18,982 )

Trademarks and Trade names

    2,334       (822 )     2,334       (741 )
                                 

Intangible assets, net

    48,346       (20,647 )     48,346       (19,723 )

 

*: The amounts are net of impairment charges of $16.4 million related to Shenandoah goodwill and $4.8 million related to certain Home Meridian segment trade names, which were recorded in fiscal 2021.

 

Amortization expenses for intangible assets with definite lives were $924,000 and $883,000 for the first quarters of fiscal 2025 and 2024, respectively. For the remainder of fiscal 2025, amortization expense is expected to be approximately $2.8 million.

XML 28 R17.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Leases
3 Months Ended
Apr. 28, 2024
Disclosure Text Block [Abstract]  
Lessee, Operating Leases [Text Block]

9.          Leases

 

We have operating leases for warehouses, showrooms, manufacturing facilities, offices and equipment. We recognized sublease income of $53,000 and $29,000 in the first quarters of fiscal 2025 and 2024, respectively.

 

The components of lease cost and supplemental cash flow information for leases for the first quarters of fiscal 2025 and 2024 were:

 

   

Thirteen Weeks Ended

 
   

April 28, 2024

   

April 30, 2023

 

Operating lease cost

  $ 2,526     $ 2,838  

Variable lease cost

    105       82  

Short-term lease cost

    116       79  

Total operating lease cost

  $ 2,747     $ 2,999  
                 
                 

Operating cash outflows

  $ 2,608     $ 2,694  

 

The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of April 28, 2024 and January 28, 2024 were as follows:

 

   

April 28, 2024

   

January 28, 2024

 

Real estate

  $ 48,483     $ 49,968  

Property and equipment

    748       833  

Total operating leases right-of-use assets

  $ 49,231     $ 50,801  
                 
                 

Current portion of operating lease liabilities

  $ 7,085     $ 6,964  

Long term operating lease liabilities

    44,864       46,414  

Total operating lease liabilities

  $ 51,949     $ 53,378  

 

The weighted-average discount rate is 5.18%. The weighted-average remaining lease term is 6.9 years.

 

The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on April 28, 2024:

 

   

Undiscounted Future

Operating Lease Payments

 

Remainder of fiscal 2025

  $ 7,194  

2026

    9,653  

2027

    9,495  

2028

    7,874  

2029

    7,350  

2030 and thereafter

    20,994  

Total lease payments

  $ 62,560  

Less: impact of discounting

    (10,611 )

Present value of lease payments

  $ 51,949  
XML 29 R18.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Long-Term Debt
3 Months Ended
Apr. 28, 2024
Debt Disclosure [Abstract]  
Long-Term Debt [Text Block]

10.         Long-Term Debt

 

On July 26, 2022, we entered into the Fourth Amendment (the “amendment”) to the Second Amended and Restated Loan Agreement with Bank of America, N.A. (“BofA”) to replenish cash used to make the acquisition of substantially all of the assets of Sunset West (which closed at the beginning of the first quarter of fiscal 2023) (the “Sunset Acquisition”). The Second Amended and Restated Loan Agreement dated as of September 29, 2017, had previously been amended by a First Amendment to Second Amended and Restated Loan Agreement dated as of January 31, 2019, a Second Amendment to Second Amended and Restated Loan Agreement dated as of November 4, 2020, and a Third Amendment to Second Amended and Restated Loan Agreement dated as of January 27, 2021 (as so amended, the “Existing Loan Agreement”). Details of the individual credit facilities provided for in the Amendment are as follows:

 

 

Unsecured Revolving Credit Facility. Under the Amendment, the expiration date of the existing $35 million Unsecured Revolving Credit Facility (the “Existing Revolver”) was extended to July 26, 2027. Any amounts outstanding will bear interest at a rate per annum, equal to the then current Bloomberg Short-Term Bank Yield Index (“BSBY”) (adjusted periodically) plus 1.00%. The interest rate will be adjusted on a monthly basis. The actual daily amount of undrawn letters of credit is subject to a quarterly fee equal to a per annum rate of 1%. We must also pay a quarterly unused commitment fee that is based on the average daily amount of the facility utilized during the applicable quarter;

 

 

2022 Secured Term Loan. The Amendment provided us with an $18 million term loan (the “Secured Term Loan”), which was disbursed to us on July 26, 2022. We are required to pay monthly interest only payments at a rate per annum equal to the then current BSBY rate (adjusted periodically) plus 0.90% on the outstanding balance until the principal is paid in full. The interest rate will be adjusted on a monthly basis. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest. The Secured Term Loan is secured by certain company-owned life insurance policies under a Security Agreement (Assignment of Life Insurance Policy as Collateral) dated July 26, 2022, by and between the Company and BofA; and

 

 

2022 Unsecured Term Loan. The Amendment provided us with a $7 million unsecured term loan (the “Unsecured Term Loan”), which was disbursed to us on July 26, 2022. We are required to make monthly principal payments of $116,667 and monthly interest payments at a rate per annum equal to the then current BSBY (adjusted periodically) plus 1.40% on the outstanding balance until paid in full. The interest rate will be adjusted monthly. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest.

 

We may prepay any outstanding principal amounts borrowed under either the Secured Term Loan or the Unsecured Term Loan at any time, without penalty provided that any payment is accompanied by all accrued interest owed. As of April 28, 2024, $4.5 million was outstanding under the Unsecured Term Loan and $18 million was outstanding under the Secured Term Loan.

 

We incurred $37,500 in debt issuance costs in connection with our term loans. As of April 28, 2024, unamortized loan costs of $24,375 were netted against the carrying value of our term loans on our condensed consolidated balance sheets.

 

The Amendment also included customary representations and warranties and requires us to comply with customary covenants, including, among other things, the following financial covenants:

 

 

Maintain a ratio of funded debt to EBITDA not exceeding:

 

 

o

2.25:1.0 through July 30, 2024; and

 

 

o

2.00:1.00 thereafter.

 

 

A basic fixed charge coverage ratio of at least 1.25:1.00; and

 

 

Limit capital expenditures to no more than $15.0 million during any fiscal year.

 

The Existing Loan Agreement also limits our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. The Existing Loan Agreement does not restrict our ability to pay cash dividends on, or repurchase, shares of our common stock, subject to our compliance with the financial covenants discussed above if we are not otherwise in default under the Existing Loan Agreement.

 

Due to our first quarter results, we were not in compliance with the Existing Loan Agreement’s basic fixed charge ratio covenant; however, subsequent to the end of our fiscal 2025 first quarter, we obtained a covenant waiver from BofA. Based on the risk of future non-compliance, we have classified all of the debt as current, and we have sufficient cash and investments on hand to retire the debt if necessary. However, we are in discussions with our lender, and we expect to reach a longer-term solution through amendments to the Existing Loan Agreement or otherwise, such that we expect to be in compliance with our financial covenants beginning in our fiscal 2025 second quarter and for the foreseeable future.

 

As of April 28, 2024, we had $28.3 million available under our $35 million Existing Revolver to fund working capital needs. Standby letters of credit in the aggregate amount of $6.7 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under the Existing Revolver as of April 28, 2024. There were no additional borrowings outstanding under the Existing Revolver as of April 28, 2024.

XML 30 R19.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Earnings Per Share
3 Months Ended
Apr. 28, 2024
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

11.         Earnings Per Share

 

We refer you to the discussion of Earnings Per Share in Note 1. Summary of Significant Accounting Policies, in the financial statements included in our 2024 Annual Report, for additional information concerning the calculation of earnings per share (EPS).

 

All stock awards are designed to encourage retention and to provide an incentive for increasing shareholder value. We have issued restricted stock awards to non-employee members of the board of directors since 2006 and to certain non-executive employees since 2014. We have issued restricted stock units (“RSUs”) to certain senior executives since fiscal 2012 under the Company’s Stock Incentive Plan. Each RSU entitles an executive to receive one share of the Company’s common stock if the executive remains continuously employed with the Company through the end of a three-year service period. The RSUs may be paid in shares of our common stock, cash or both at the discretion of the Compensation Committee of our board of directors. We have issued Performance-based Restricted Stock Units (“PSUs”) to certain senior executives since fiscal 2019 under the Company’s Stock Incentive Plan. Each PSU entitles the executive officer to receive one share of our common stock based on the achievement of two specified performance conditions if the executive officer remains continuously employed through the end of the three-year performance period. Historically, one target is based on our annual average growth in our EPS over the performance period and the other target is based on EPS growth over the performance period compared to our peers. The payout or settlement of the PSUs will be made in shares of our common stock.

 

We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs and PSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:

 

   

April 28,

   

January 28,

 
   

2024

   

2024

 
                 

Restricted shares

    171       182  

RSUs and PSUs

    130       140  
      301       322  

 

All restricted shares, RSUs and PSUs awarded that have not yet vested are considered when computing diluted earnings per share.

 

The following table sets forth the computation of basic and diluted earnings per share:

 

   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 
                 

Net (loss) / income

  $ (4,091 )   $ 1,450  

Less: Unvested participating restricted stock dividends

    41       30  

Net earnings allocated to unvested participating restricted stock

    -       18  

(Loss) / Earnings available for common shareholders

    (4,132 )     1,402  
                 

Weighted average shares outstanding for basic earnings per share

    10,496       10,976  

Dilutive effect of unvested restricted stock, RSU and PSU awards

    -       101  

Weighted average shares outstanding for diluted earnings per share

    10,496       11,077  
                 

Basic (loss) / earnings per share

  $ (0.39 )   $ 0.13  
                 

Diluted (loss) / earnings per share

  $ (0.39 )   $ 0.13  

 

Due to net loss in fiscal 2025 first quarter, approximately 203,000 shares would have been antidilutive and are therefore excluded from the calculation of earnings per share.

XML 31 R20.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Income Taxes
3 Months Ended
Apr. 28, 2024
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

12.          Income Taxes

 

We recorded income tax benefits of $816,000 and income tax expenses of $402,000 for the fiscal 2025 and fiscal 2024 first quarters, respectively. The effective tax rates for the fiscal 2025 and 2024 first quarters were 16.6% and 21.7%, respectively.

 

No material and non-routine positions have been identified as uncertain tax positions.

 

Tax years ending January 31, 2021 through January 28, 2024 remain subject to examination by federal and state taxing authorities.

XML 32 R21.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Information
3 Months Ended
Apr. 28, 2024
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

13.          Segment Information

 

As a public entity, we are required to present disaggregated information by segment using the management approach. The objective of this approach is to allow users of our financial statements to see our business through the eyes of management based upon the way management reviews performance and makes decisions. The management approach requires segment information to be reported based on how management internally evaluates the operating performance of the company’s business units or segments. The objective of this approach is to meet the basic principles of segment reporting as outlined in ASC 280 Segments (“ASC 280”), which are to allow the users of our financial statements to:

 

 

better understand our performance;

 

better assess our prospects for future net cash flows; and

 

make more informed judgments about us as a whole.

 

We define our segments as those operations our chief operating decision maker (“CODM”) regularly reviews to analyze performance and allocate resources. We measure the results of our segments using, among other measures, each segment’s net sales, gross profit and operating income, as determined by the information regularly reviewed by the CODM.

 

For financial reporting purposes, we are organized into three reportable segments and “All Other”, which includes the remainder of our businesses:

 

 

Hooker Branded, consisting of the operations of our imported Hooker Casegoods and Hooker Upholstery businesses;

 

Home Meridian, is a stand-alone, mostly autonomous business that serves a different type or class of customer than do our other operating segments and at much lower margins;

 

Domestic Upholstery, which includes the domestic upholstery manufacturing operations of Bradington-Young, HF Custom (formerly Sam Moore), Shenandoah Furniture and Sunset West; and

 

All Other, consisting of H Contract, Lifestyle Brands and BOBO Intriguing Objects. None of these operating segments were individually reportable; therefore, we combined them in “All Other” in accordance with ASC 280.

 

The following table presents segment information for the periods, and as of the dates, indicated.

 

   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

         
   

2024

           

2023

         
           

% Net

           

% Net

 

Net Sales

         

Sales

           

Sales

 

Hooker Branded

  $ 35,353       37.8 %   $ 43,432       35.7 %

Home Meridian

    26,424       28.2 %     41,921       34.4 %

Domestic Upholstery

    30,027       32.1 %     35,104       28.8 %

All Other

    1,767       1.9 %     1,358       1.1 %

Consolidated

  $ 93,571       100 %   $ 121,815       100 %
                                 

Gross Profit

                               

Hooker Branded

  $ 11,048       31.3 %   $ 13,518       31.1 %

Home Meridian

    3,301       12.5 %     6,713       16.0 %

Domestic Upholstery

    4,705       15.7 %     7,023       20.0 %

All Other

    167       9.5 %     652       48.0 %

Consolidated

  $ 19,221       20.5 %   $ 27,906       22.9 %
                                 

Operating (Loss) / Income

                               

Hooker Branded

  $ 7       0.0 %   $ 2,718       6.3 %

Home Meridian

    (3,423 )     -13.0 %     (2,119 )     -5.1 %

Domestic Upholstery

    (1,308 )     -4.4 %     1,328       3.8 %

All Other

    (446 )     -25.2 %     48       3.5 %

Consolidated

  $ (5,170 )     -5.5 %   $ 1,975       1.6 %
                                 

Capital Expenditures (net of disposals)

                               

Hooker Branded

  $ 205             $ 2,787          

Home Meridian

    235               227          

Domestic Upholstery

    392               116          

All Other

    11               28          

Consolidated

  $ 843             $ 3,158          
                                 

Depreciation & Amortization

                               

Hooker Branded

  $ 681             $ 491          

Home Meridian

    625               687          

Domestic Upholstery

    968               947          

All Other

    9               22          

Consolidated

  $ 2,283             $ 2,147          

 

   

As of April 28,

           

As of January 28,

         
   

2024

   

%Total

   

2024

   

%Total

 

Identifiable Assets

         

Assets

           

Assets

 

Hooker Branded

  $ 171,945       58.7 %   $ 168,832       56.3 %

Home Meridian

    57,869       19.8 %     58,799       19.6 %

Domestic Upholstery

    57,126       19.5 %     67,230       22.4 %

All Other

    5,857       2.0 %     5,067       1.7 %

Consolidated

  $ 292,797       100 %   $ 299,928       100 %

Consolidated Goodwill and Intangibles

    42,733               43,658          

Total Consolidated Assets

  $ 335,530             $ 343,586          

 

Sales by product type are as follows:

 

   

Net Sales (in thousands)

 
   

Thirteen Weeks Ended

 
   

April 28, 2024

   

%Total

   

April 30, 2023

   

%Total

 

Casegoods

  $ 53,109       57 %   $ 67,975       56 %

Upholstery

    40,462       43 %     53,840       44 %
    $ 93,571       100 %   $ 121,815       100 %
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Subsequent Events
3 Months Ended
Apr. 28, 2024
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

14. Subsequent Events

 

Dividends

 

On June 4, 2024, our board of directors declared a quarterly cash dividend of $0.23 per share which will be paid on June 28, 2024 to shareholders of record at June 14, 2024.

XML 34 R23.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Pay vs Performance Disclosure - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Apr. 28, 2024
Apr. 30, 2023
Pay vs Performance Disclosure        
Net Income (Loss) $ (4,091) $ 1,450 $ (4,091) $ 1,450
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Insider Trading Arrangements
3 Months Ended
Apr. 28, 2024
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Accounts Receivable (Tables)
3 Months Ended
Apr. 28, 2024
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
   

April 28,

   

January 28,

 
   

2024

   

2024

 
                 

Gross accounts receivable

  $ 52,605     $ 54,897  

Customer allowances

    (1,191 )     (1,800 )

Allowance for doubtful accounts

    (1,828 )     (1,817 )

Trade accounts receivable

  $ 49,586     $ 51,280  
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Inventories (Tables)
3 Months Ended
Apr. 28, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
   

April 28,

   

January 28,

 
   

2024

   

2024

 

Finished furniture

  $ 69,554     $ 75,354  

Furniture in process

    1,695       1,702  

Materials and supplies

    11,189       10,538  

Inventories at FIFO

    82,438       87,594  

Reduction to LIFO basis

    (25,801 )     (25,779 )

Inventories

  $ 56,637     $ 61,815  
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Property, Plant and Equipment (Tables)
3 Months Ended
Apr. 28, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
   

Depreciable Lives

   

April 28,

   

January 28,

 
   

(In years)

   

2024

   

2024

 
                       

Buildings and land improvements

  15 - 30     $ 33,797     $ 33,785  

Computer software and hardware

  3 - 10       9,045       8,994  

Machinery and equipment

  10       12,094       11,708  

Leasehold improvements

 

Term of lease

      13,097       12,436  

Furniture and fixtures

  3 - 10       7,427       7,256  

Other

  5       705       698  

Total depreciable property at cost

          76,165       74,877  

Less accumulated depreciation

          (48,737 )     (47,700 )

Total depreciable property, net

          27,428       27,177  

Land

          1,077       1,077  

Construction-in-progress

          440       888  

Property, plant and equipment, net

        $ 28,945     $ 29,142  
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Cloud Computing Hosting Arrangement (Tables)
3 Months Ended
Apr. 28, 2024
Disclosure Text Block Supplement [Abstract]  
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block] The capitalized implementation costs at April 28, 2024 and January 28, 2024 were as follows:
   

April 28, 2024

   

January 28, 2024

 
   

Gross carrying amount

   

Accumulated amortization

   

Gross carrying amount

   

Accumulated amortization

 

Implementation Costs

  $ 15,019     $ (701 )   $ 13,736     $ (414 )

Interest Expenses

    412       (13 )     357       (8 )
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Fair Value Measurements (Tables)
3 Months Ended
Apr. 28, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Our assets measured at fair value on a recurring basis at April 28, 2024 and January 28, 2024, were as follows:
   

Fair value at April 28, 2024

   

Fair value at January 28, 2024

 

Description

 

Level 1

   

Level 2

   

Level 3

   

Total

   

Level 1

   

Level 2

   

Level 3

   

Total

 
   

(In thousands)

 

Assets measured at fair value

                                                               

Company-owned life insurance

  $ -     $ 28,677     $ -     $ 28,677     $ -     $ 28,528     $ -     $ 28,528  
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Intangible Assets (Tables)
3 Months Ended
Apr. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets [Table Text Block] Details of our intangible assets are as follows:
   

April 28, 2024

   

January 28, 2024

 
   

Gross carrying amount

   

Accumulated Amortization

   

Gross carrying amount

   

Accumulated Amortization

 

Intangible assets with indefinite lives:

                               

Goodwill

                               

Domestic Upholstery - Shenandoah *

    490       -       490       -  

Domestic Upholstery - Sunset West

    14,462       -       14,462       -  

All Other - BOBO Intriguing Objects

    84       -       84       -  

Goodwill

    15,036       -       15,036       -  
                                 

Trademarks and Trade names *

    8,011       -       8,011       -  
                                 

Intangible assets with definite lives:

                               

Customer Relations

    38,001       (19,825 )     38,001       (18,982 )

Trademarks and Trade names

    2,334       (822 )     2,334       (741 )
                                 

Intangible assets, net

    48,346       (20,647 )     48,346       (19,723 )

*: The amounts are net of impairment charges of $16.4 million related to Shenandoah goodwill and $4.8 million related to certain Home Meridian segment trade names, which were recorded in fiscal 2021.

 

XML 42 R31.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Leases (Tables)
3 Months Ended
Apr. 28, 2024
Disclosure Text Block [Abstract]  
Lease, Cost [Table Text Block] The components of lease cost and supplemental cash flow information for leases for the first quarters of fiscal 2025 and 2024 were:
   

Thirteen Weeks Ended

 
   

April 28, 2024

   

April 30, 2023

 

Operating lease cost

  $ 2,526     $ 2,838  

Variable lease cost

    105       82  

Short-term lease cost

    116       79  

Total operating lease cost

  $ 2,747     $ 2,999  
                 
                 

Operating cash outflows

  $ 2,608     $ 2,694  
Schedule of Right-of-Use Assets and Lease Liabilities [Table Text Block] The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of April 28, 2024 and January 28, 2024 were as follows:
   

April 28, 2024

   

January 28, 2024

 

Real estate

  $ 48,483     $ 49,968  

Property and equipment

    748       833  

Total operating leases right-of-use assets

  $ 49,231     $ 50,801  
                 
                 

Current portion of operating lease liabilities

  $ 7,085     $ 6,964  

Long term operating lease liabilities

    44,864       46,414  

Total operating lease liabilities

  $ 51,949     $ 53,378  
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block] The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on April 28, 2024:
   

Undiscounted Future

Operating Lease Payments

 

Remainder of fiscal 2025

  $ 7,194  

2026

    9,653  

2027

    9,495  

2028

    7,874  

2029

    7,350  

2030 and thereafter

    20,994  

Total lease payments

  $ 62,560  

Less: impact of discounting

    (10,611 )

Present value of lease payments

  $ 51,949  
XML 43 R32.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Earnings Per Share (Tables)
3 Months Ended
Apr. 28, 2024
Earnings Per Share [Abstract]  
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs and PSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:
   

April 28,

   

January 28,

 
   

2024

   

2024

 
                 

Restricted shares

    171       182  

RSUs and PSUs

    130       140  
      301       322  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] The following table sets forth the computation of basic and diluted earnings per share:
   

Thirteen Weeks Ended

 
   

April 28,

   

April 30,

 
   

2024

   

2023

 
                 

Net (loss) / income

  $ (4,091 )   $ 1,450  

Less: Unvested participating restricted stock dividends

    41       30  

Net earnings allocated to unvested participating restricted stock

    -       18  

(Loss) / Earnings available for common shareholders

    (4,132 )     1,402  
                 

Weighted average shares outstanding for basic earnings per share

    10,496       10,976  

Dilutive effect of unvested restricted stock, RSU and PSU awards

    -       101  

Weighted average shares outstanding for diluted earnings per share

    10,496       11,077  
                 

Basic (loss) / earnings per share

  $ (0.39 )   $ 0.13  
                 

Diluted (loss) / earnings per share

  $ (0.39 )   $ 0.13  
XML 44 R33.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Information (Tables)
3 Months Ended
Apr. 28, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block] The following table presents segment information for the periods, and as of the dates, indicated.
   

Thirteen Weeks Ended

 
   

April 28,

           

April 30,

         
   

2024

           

2023

         
           

% Net

           

% Net

 

Net Sales

         

Sales

           

Sales

 

Hooker Branded

  $ 35,353       37.8 %   $ 43,432       35.7 %

Home Meridian

    26,424       28.2 %     41,921       34.4 %

Domestic Upholstery

    30,027       32.1 %     35,104       28.8 %

All Other

    1,767       1.9 %     1,358       1.1 %

Consolidated

  $ 93,571       100 %   $ 121,815       100 %
                                 

Gross Profit

                               

Hooker Branded

  $ 11,048       31.3 %   $ 13,518       31.1 %

Home Meridian

    3,301       12.5 %     6,713       16.0 %

Domestic Upholstery

    4,705       15.7 %     7,023       20.0 %

All Other

    167       9.5 %     652       48.0 %

Consolidated

  $ 19,221       20.5 %   $ 27,906       22.9 %
                                 

Operating (Loss) / Income

                               

Hooker Branded

  $ 7       0.0 %   $ 2,718       6.3 %

Home Meridian

    (3,423 )     -13.0 %     (2,119 )     -5.1 %

Domestic Upholstery

    (1,308 )     -4.4 %     1,328       3.8 %

All Other

    (446 )     -25.2 %     48       3.5 %

Consolidated

  $ (5,170 )     -5.5 %   $ 1,975       1.6 %
                                 

Capital Expenditures (net of disposals)

                               

Hooker Branded

  $ 205             $ 2,787          

Home Meridian

    235               227          

Domestic Upholstery

    392               116          

All Other

    11               28          

Consolidated

  $ 843             $ 3,158          
                                 

Depreciation & Amortization

                               

Hooker Branded

  $ 681             $ 491          

Home Meridian

    625               687          

Domestic Upholstery

    968               947          

All Other

    9               22          

Consolidated

  $ 2,283             $ 2,147          
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
   

As of April 28,

           

As of January 28,

         
   

2024

   

%Total

   

2024

   

%Total

 

Identifiable Assets

         

Assets

           

Assets

 

Hooker Branded

  $ 171,945       58.7 %   $ 168,832       56.3 %

Home Meridian

    57,869       19.8 %     58,799       19.6 %

Domestic Upholstery

    57,126       19.5 %     67,230       22.4 %

All Other

    5,857       2.0 %     5,067       1.7 %

Consolidated

  $ 292,797       100 %   $ 299,928       100 %

Consolidated Goodwill and Intangibles

    42,733               43,658          

Total Consolidated Assets

  $ 335,530             $ 343,586          

 

Revenue from External Customers by Products and Services [Table Text Block] Sales by product type are as follows:
   

Net Sales (in thousands)

 
   

Thirteen Weeks Ended

 
   

April 28, 2024

   

%Total

   

April 30, 2023

   

%Total

 

Casegoods

  $ 53,109       57 %   $ 67,975       56 %

Upholstery

    40,462       43 %     53,840       44 %
    $ 93,571       100 %   $ 121,815       100 %
XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Accounts Receivable (Details) - Schedule of Accounts, Notes, Loans and Financing Receivable - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Schedule Of Accounts Notes Loans And Financing Receivable Abstract    
Gross accounts receivable $ 52,605 $ 54,897
Customer allowances (1,191) (1,800)
Allowance for doubtful accounts (1,828) (1,817)
Trade accounts receivable $ 49,586 $ 51,280
XML 46 R35.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Inventories (Details) - Schedule of Inventory, Current - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Schedule Of Inventory Current Abstract    
Finished furniture $ 69,554 $ 75,354
Furniture in process 1,695 1,702
Materials and supplies 11,189 10,538
Inventories at FIFO 82,438 87,594
Reduction to LIFO basis (25,801) (25,779)
Inventories $ 56,637 $ 61,815
XML 47 R36.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Property, Plant and Equipment (Details) - Property, Plant and Equipment - USD ($)
$ in Thousands
3 Months Ended
Apr. 28, 2024
Jan. 28, 2024
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Gross $ 76,165 $ 74,877
Less accumulated depreciation (48,737) (47,700)
Total depreciable property, net 27,428 27,177
Land 1,077 1,077
Construction-in-progress 440 888
Property, plant and equipment, net 28,945 29,142
Building and Building Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Gross 33,797 33,785
Computer Software and Hardware [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Gross 9,045 8,994
Machinery and Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Gross $ 12,094 11,708
Property, Plant and Equipment, Depreciable Lives 10  
Leasehold Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Gross $ 13,097 12,436
Property, Plant and Equipment, Depreciable Lives Term of lease  
Furniture and Fixtures [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Gross $ 7,427 7,256
Property, Plant and Equipment, Other Types [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Gross $ 705 $ 698
Property, Plant and Equipment, Depreciable Lives 5  
Minimum [Member] | Building and Building Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Depreciable Lives 15  
Minimum [Member] | Computer Software and Hardware [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Depreciable Lives 3  
Minimum [Member] | Furniture and Fixtures [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Depreciable Lives 3  
Maximum [Member] | Building and Building Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Depreciable Lives 30  
Maximum [Member] | Computer Software and Hardware [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Depreciable Lives 10  
Maximum [Member] | Furniture and Fixtures [Member]    
Property, Plant and Equipment [Line Items]    
Property, Plant and Equipment, Depreciable Lives 10  
XML 48 R37.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Cloud Computing Hosting Arrangement (Details) - USD ($)
3 Months Ended 12 Months Ended
Apr. 28, 2024
Jan. 28, 2024
Cloud Computing Hosting Arrangement (Details) [Line Items]    
Hosting Arrangement Service Contract Implementation Costs, Capitalized $ 1,300,000 $ 1,300,000
Interest Costs Capitalized $ 55,000 $ 66,000
Computer Software and Hardware [Member]    
Cloud Computing Hosting Arrangement (Details) [Line Items]    
Property, Plant and Equipment, Useful Life 10 years  
XML 49 R38.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Cloud Computing Hosting Arrangement (Details) - Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 28, 2024
Jan. 28, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Implementation Costs, Gross carrying amount $ 15,019 $ 13,736
Implementation Costs, Accumulated amortization (701) (414)
Interest Expenses, Gross carrying amount 412 357
Interest Expenses, Accumulated amortization $ (13) $ (8)
XML 50 R39.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Assets measured at fair value    
Company-owned life insurance $ 28,677 $ 28,528
Fair Value, Inputs, Level 1 [Member]    
Assets measured at fair value    
Company-owned life insurance 0 0
Fair Value, Inputs, Level 2 [Member]    
Assets measured at fair value    
Company-owned life insurance 28,677 28,528
Fair Value, Inputs, Level 3 [Member]    
Assets measured at fair value    
Company-owned life insurance $ 0 $ 0
XML 51 R40.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Intangible Assets (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Jan. 31, 2021
Intangible Assets (Details) [Line Items]      
Amortization of Intangible Assets $ 924 $ 883  
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year $ 2,800    
Shenandoah Furniture [Member]      
Intangible Assets (Details) [Line Items]      
Goodwill and Intangible Asset Impairment     $ 16,400
Home Meridian International [Member]      
Intangible Assets (Details) [Line Items]      
Impairment of Intangible Assets (Excluding Goodwill)     $ 4,800
XML 52 R41.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Intangible Assets (Details) - Schedule of Indefinite-Lived Intangible Assets - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Goodwill    
Intangible assets, net, Gross carrying amount $ 48,346 $ 48,346
Intangible assets, net, Accumulated Amortization (20,647) (19,723)
Customer Relationships [Member]    
Goodwill    
Finite-Lived Intangile Assets, Gross carrying amount 38,001 38,001
Finite-Lived Intangile Assets, Accumulated Amortization (19,825) (18,982)
Trademarks and Trade Names [Member]    
Goodwill    
Finite-Lived Intangile Assets, Gross carrying amount 2,334 2,334
Finite-Lived Intangile Assets, Accumulated Amortization (822) (741)
Goodwill [Member]    
Goodwill    
Goodwill, Gross carrying amount 15,036 15,036
Goodwill, Accumulated Amortization 0 0
Trademarks and Trade Names [Member]    
Goodwill    
Trademarks and trade names, Gross carrying amount [1] 8,011 8,011
Shenandoah Furniture [Member] | Goodwill [Member]    
Goodwill    
Goodwill, Gross carrying amount [1] 490 490
Goodwill, Accumulated Amortization [1] 0 0
Sunset West [Member] | Goodwill [Member]    
Goodwill    
Goodwill, Gross carrying amount 14,462 14,462
Goodwill, Accumulated Amortization 0 0
Bobo Intriguing Objects [Member] | Goodwill [Member]    
Goodwill    
Goodwill, Gross carrying amount 84 84
Goodwill, Accumulated Amortization $ 0 $ 0
[1] The amounts are net of impairment charges of $16.4 million related to Shenandoah goodwill and $4.8 million related to certain Home Meridian segment trade names, which were recorded in fiscal 2021.
XML 53 R42.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Leases (Details) - USD ($)
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Disclosure Text Block [Abstract]    
Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag $ 53,000 $ 29,000
Operating Lease, Weighted Average Discount Rate, Percent 5.18%  
Operating Lease, Weighted Average Remaining Lease Term 6 years 10 months 24 days  
XML 54 R43.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Leases (Details) - Lease, Cost - USD ($)
$ in Thousands
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Leases (Details) - Lease, Cost [Line Items]    
Operating lease cost $ 2,747 $ 2,999
Operating cash outflows 2,608 2,694
Operating Lease Costs [Member]    
Leases (Details) - Lease, Cost [Line Items]    
Operating lease cost 2,526 2,838
Variable Lease Cost [Member]    
Leases (Details) - Lease, Cost [Line Items]    
Operating lease cost 105 82
Leases Less Then 12 Months [Member]    
Leases (Details) - Lease, Cost [Line Items]    
Operating lease cost $ 116 $ 79
XML 55 R44.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]    
Operating leases right-of-use assets $ 49,231 $ 50,801
Current portion of operating lease liabilities 7,085 6,964
Long term operating lease liabilities 44,864 46,414
Total operating lease liabilities 51,949 53,378
Real Estate [Member]    
Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]    
Operating leases right-of-use assets 48,483 49,968
Property, Plant and Equipment [Member]    
Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]    
Operating leases right-of-use assets $ 748 $ 833
XML 56 R45.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Leases (Details) - Lessee, Operating Lease, Liability, Maturity - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Lessee Operating Lease Liability Maturity Abstract    
Remainder of fiscal 2025 $ 7,194  
2026 9,653  
2027 9,495  
2028 7,874  
2029 7,350  
2030 and thereafter 20,994  
Total lease payments 62,560  
Less: impact of discounting (10,611)  
Present value of lease payments $ 51,949 $ 53,378
XML 57 R46.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Long-Term Debt (Details) - USD ($)
3 Months Ended
Jul. 26, 2022
Apr. 28, 2024
Long-Term Debt (Details) [Line Items]    
Line of Credit Facility, Current Borrowing Capacity   $ 28,300,000
Debt Issuance Costs, Line of Credit Arrangements, Gross $ 37,500 24,375
Letters of Credit Outstanding, Amount   6,700,000
2022 Secured Term Loan [Member]    
Long-Term Debt (Details) [Line Items]    
Debt Instrument, Basis Spread on Variable Rate 0.90%  
Debt Instrument, Face Amount $ 18,000,000  
2022 Unsecured Term Loan [Member]    
Long-Term Debt (Details) [Line Items]    
Debt Instrument, Basis Spread on Variable Rate 1.40%  
Debt Instrument, Face Amount $ 7,000,000  
Debt Instrument, Periodic Payment 116,667  
Line of Credit Facility, Current Borrowing Capacity   $ 4,500,000
Line of Credit [Member]    
Long-Term Debt (Details) [Line Items]    
Line of Credit Facility, Maximum Borrowing Capacity $ 35,000,000  
Debt Instrument, Basis Spread on Variable Rate 1.00%  
Line of Credit Facility, Commitment Fee Percentage 1.00%  
Unsecured Debt [Member] | New Unsecured Term Loan [Member]    
Long-Term Debt (Details) [Line Items]    
Line of Credit Facility, Covenant Terms     ■ Maintain a ratio of funded debt to EBITDA not exceeding:   o 2.25:1.0 through July 30, 2024; and   o 2.00:1.00 thereafter.   ■ A basic fixed charge coverage ratio of at least 1.25:1.00; and   ■ Limit capital expenditures to no more than $15.0 million during any fiscal year.  The Existing Loan Agreement also limits our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. The Existing Loan Agreement does not restrict our ability to pay cash dividends on, or repurchase, shares of our common stock, subject to our compliance with the financial covenants discussed above if we are not otherwise in default under the Existing Loan Agreement.
XML 58 R47.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Earnings Per Share (Details)
3 Months Ended
Apr. 28, 2024
shares
Earnings Per Share [Abstract]  
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 203,000
XML 59 R48.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units - shares
shares in Thousands
Apr. 28, 2024
Jan. 28, 2024
Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]    
Number of Shares Outstanding 301 322
Restricted Stock [Member]    
Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]    
Number of Shares Outstanding 171 182
Restricted Stock Units (RSUs) and Performance Shares (PSUs) [Member]    
Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]    
Number of Shares Outstanding 130 140
XML 60 R49.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Earnings Per Share (Details) - Schedule of Earnings Per Share, Basic and Diluted - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Apr. 28, 2024
Apr. 30, 2023
Schedule Of Earnings Per Share Basic And Diluted Abstract        
Net (loss) / income $ (4,091) $ 1,450 $ (4,091) $ 1,450
Less: Unvested participating restricted stock dividends     41 30
Net earnings allocated to unvested participating restricted stock     0 18
(Loss) / Earnings available for common shareholders     $ (4,132) $ 1,402
Weighted average shares outstanding for basic earnings per share (in Shares) 10,496 10,976 10,496 10,976
Dilutive effect of unvested restricted stock, RSU and PSU awards (in Shares)     0 101
Weighted average shares outstanding for diluted earnings per share (in Shares) 10,496 11,077 10,496 11,077
Basic (loss) / earnings per share (in Dollars per share) $ (0.39) $ 0.13 $ (0.39) $ 0.13
Diluted (loss) / earnings per share (in Dollars per share) $ (0.39) $ 0.13 $ (0.39) $ 0.13
XML 61 R50.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Income Tax Disclosure [Abstract]    
Effective Income Tax Rate Reconciliation, Percent 16.60% 21.70%
Income Tax Expense (Benefit) $ (816) $ 402
XML 62 R51.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Information (Details)
3 Months Ended
Apr. 28, 2024
Segment Reporting [Abstract]  
Number of Reportable Segments 3
XML 63 R52.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Information (Details) - Segment Reporting Information - USD ($)
$ in Thousands
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Segment Reporting Information [Line Items]    
Net Sales $ 93,571 $ 121,815
% of Net Sales 100.00% 100.00%
Gross Profit    
Gross Profit $ 19,221 $ 27,906
% of Net Sales, Gross Profit 20.50% 22.90%
Operating (Loss) / Income    
Operating Income $ (5,170) $ 1,975
% of Net Sales, Operating Income (5.50%) 1.60%
Capital Expenditures (net of disposals)    
Capital Expenditures $ 843 $ 3,158
Depreciation & Amortization    
Depreciation & Amortization 2,283 2,147
Hooker Branded [Member]    
Segment Reporting Information [Line Items]    
Net Sales $ 35,353 $ 43,432
% of Net Sales 37.80% 35.70%
Gross Profit    
Gross Profit $ 11,048 $ 13,518
% of Net Sales, Gross Profit 31.30% 31.10%
Operating (Loss) / Income    
Operating Income $ 7 $ 2,718
% of Net Sales, Operating Income 0.00% 6.30%
Capital Expenditures (net of disposals)    
Capital Expenditures $ 205 $ 2,787
Depreciation & Amortization    
Depreciation & Amortization 681 491
Home Meridian International [Member]    
Segment Reporting Information [Line Items]    
Net Sales $ 26,424 $ 41,921
% of Net Sales 28.20% 34.40%
Gross Profit    
Gross Profit $ 3,301 $ 6,713
% of Net Sales, Gross Profit 12.50% 16.00%
Operating (Loss) / Income    
Operating Income $ (3,423) $ (2,119)
% of Net Sales, Operating Income (13.00%) (5.10%)
Capital Expenditures (net of disposals)    
Capital Expenditures $ 235 $ 227
Depreciation & Amortization    
Depreciation & Amortization 625 687
Upholstery [Member]    
Segment Reporting Information [Line Items]    
Net Sales $ 30,027 $ 35,104
% of Net Sales 32.10% 28.80%
Gross Profit    
Gross Profit $ 4,705 $ 7,023
% of Net Sales, Gross Profit 15.70% 20.00%
Operating (Loss) / Income    
Operating Income $ (1,308) $ 1,328
% of Net Sales, Operating Income (4.40%) 3.80%
Capital Expenditures (net of disposals)    
Capital Expenditures $ 392 $ 116
Depreciation & Amortization    
Depreciation & Amortization 968 947
Other Operating Segment [Member]    
Segment Reporting Information [Line Items]    
Net Sales $ 1,767 $ 1,358
% of Net Sales 1.90% 1.10%
Gross Profit    
Gross Profit $ 167 $ 652
% of Net Sales, Gross Profit 9.50% 48.00%
Operating (Loss) / Income    
Operating Income $ (446) $ 48
% of Net Sales, Operating Income (25.20%) 3.50%
Capital Expenditures (net of disposals)    
Capital Expenditures $ 11 $ 28
Depreciation & Amortization    
Depreciation & Amortization $ 9 $ 22
XML 64 R53.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Information (Details) - Assets from Segments to Consolidated - USD ($)
$ in Thousands
Apr. 28, 2024
Jan. 28, 2024
Segment Reporting, Asset Reconciling Item [Line Items]    
Total Assets $ 292,797 $ 299,928
% Total Assets 100.00% 100.00%
Consolidated Goodwill and Intangibles $ 42,733 $ 43,658
Total Consolidated Assets 335,530 343,586
Hooker Branded [Member]    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total Assets $ 171,945 $ 168,832
% Total Assets 58.70% 56.30%
Home Meridian International [Member]    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total Assets $ 57,869 $ 58,799
% Total Assets 19.80% 19.60%
Upholstery [Member]    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total Assets $ 57,126 $ 67,230
% Total Assets 19.50% 22.40%
Other Operating Segment [Member]    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total Assets $ 5,857 $ 5,067
% Total Assets 2.00% 1.70%
XML 65 R54.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Information (Details) - Revenue from External Customers by Products and Services - USD ($)
$ in Thousands
3 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Revenue from External Customer [Line Items]    
Net Sales $ 93,571 $ 121,815
% Total 100.00% 100.00%
Casegoods [Member]    
Revenue from External Customer [Line Items]    
Net Sales $ 53,109 $ 67,975
% Total 57.00% 56.00%
Upholstery [Member]    
Revenue from External Customer [Line Items]    
Net Sales $ 40,462 $ 53,840
% Total 43.00% 44.00%
XML 66 R55.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Subsequent Events (Details) - $ / shares
3 Months Ended
Jun. 03, 2024
Apr. 28, 2024
Apr. 30, 2023
Subsequent Events [Abstract]      
Dividends Payable, Date Declared Jun. 04, 2024    
Common Stock, Dividends, Per Share, Declared $ 0.23 $ 0.23 $ 0.22
Dividends Payable, Date to be Paid Jun. 28, 2024    
Dividends Payable, Date of Record Jun. 14, 2024    
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0001077688 hoft:UpholsteryMember 2024-01-29 2024-04-28 0001077688 hoft:UpholsteryMember 2023-01-30 2023-04-30 0001077688 2024-06-03 2024-06-03 shares iso4217:USD iso4217:USD shares pure 10-Q true 2024-04-28 000-25349 HOOKER FURNISHINGS CORPORATION VA 54-0251350 440 East Commonwealth Boulevard Martinsville VA 24112 276 632-2133 Yes Yes Accelerated Filer false false false Common Stock, no par value HOFT NASDAQ 10682190 40875000 43159000 49586000 51280000 56637000 61815000 2520000 3014000 7318000 5530000 156936000 164798000 28945000 29142000 28677000 28528000 13344000 12005000 49231000 50801000 27697000 28622000 15036000 15036000 15664000 14654000 178594000 178788000 335530000 343586000 22526000 1393000 18619000 16470000 5642000 7400000 6610000 5920000 7085000 6964000 2430000 3262000 62912000 41409000 21481000 7262000 7418000 44864000 46414000 900000 889000 53026000 76202000 115938000 117611000 20000000 20000000 10679000 10679000 10672000 10672000 49729000 49524000 169174000 175717000 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-150000 -150000 335000 335000 193000 193000 11029000 50067000 180152000 812000 231031000 10672000 49524000 175717000 734000 225975000 -4091000 -4091000 14000 45000 45000 0.23 2452000 2452000 7000 -205000 -205000 268000 268000 142000 142000 10679000 49729000 169174000 689000 219592000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;text-indent:-36pt;"><b>1.</b>         <b>Preparation of Interim Financial Statements</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The condensed consolidated financial statements of Hooker Furnishings Corporation and subsidiaries (referred to as “we,” “us,” “our,” “Hooker” or the “Company”) have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management these statements include all adjustments necessary for a fair statement of the results of all interim periods reported herein. All such adjustments are of a normal recurring nature. Certain information and footnote disclosures prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) are condensed or omitted pursuant to SEC rules and regulations. However, we believe that the disclosures made are adequate for a fair presentation of our results of operations and financial position. These financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in our annual report on Form 10-K for the fiscal year ended January 28, 2024 (“2024 Annual Report”). The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect both the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from our estimates. Operating results for the interim periods reported herein may not be indicative of the results expected for the fiscal year.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The financial statements contained herein are being filed as part of a quarterly report on Form 10-Q covering the 2025 fiscal year thirteen-week period (also referred to as “three months,” “three-month period,” “quarter,” “first quarter” or “quarterly period”) that began January 29, 2024 and ended April 28, 2024. This report discusses our results of operations for these periods compared to the 2024 fiscal year thirteen-week period that began January 30, 2023 and ended April 30, 2023; and our financial condition as of April 28, 2024 compared to January 28, 2024.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">References in these notes to the condensed consolidated financial statements of the Company to:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">the 2025 fiscal year and comparable terminology mean the fifty-three-week fiscal year that began January 29, 2024 and will end February 2, 2025; and</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">the 2024 fiscal year and comparable terminology mean the fifty-two-week fiscal year that began January 30, 2023 and ended January 28, 2024.</p> </td> </tr> </table> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>2. </b>         <b>Recently Adopted Accounting Policies</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”. The new guidance requires enhanced reportable segment disclosures to include significant segment expenses. ASU 2023-07 is effective for annual periods beginning after December 15, 2023 (our fiscal 2025) and interim periods beginning after December 15, 2024 (our fiscal 2026). We are currently evaluating the impact that the adoption of this new guidance will have on our consolidated financial statements and will add necessary disclosures upon adoption.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The new guidance requires enhanced effective tax rate reconciliation and income taxes paid disclosures. ASU 2023-09 is effective for annual periods beginning after December 15, 2024 (our fiscal 2026). We are currently evaluating the impact that the adoption of this new guidance will have on our consolidated financial statements and will add necessary disclosures upon adoption.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We reviewed all other newly issued accounting pronouncements and concluded that they are either not applicable to our business or are not expected to have a material effect on our consolidated financial statements as a result of future adoption.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>3.</b>         <b>Accounts Receivable </b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1493" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1494" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-1495" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1496" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1497" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-1498" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1499" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1500" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-1501" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1502" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1503" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-1504" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1505" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1506" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1507" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1508" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1509" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1510" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1511" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1512" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Gross accounts receivable</p> </td> <td id="new_id-1513" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1514" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1515" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>52,605 </b></td> <td id="new_id-1516" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1517" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1518" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1519" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">54,897</td> <td id="new_id-1520" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Customer allowances</p> </td> <td id="new_id-1521" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1522" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1523" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(1,191</b></td> <td id="new_id-1524" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-1525" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1526" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1527" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(1,800</td> <td id="new_id-1528" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Allowance for doubtful accounts</p> </td> <td id="new_id-1529" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1530" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1531" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(1,828</b></td> <td id="new_id-1532" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-1533" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1534" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1535" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(1,817</td> <td id="new_id-1536" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Trade accounts receivable</p> </td> <td id="new_id-1537" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1538" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-1539" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>49,586 </b></td> <td id="new_id-1540" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1541" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1542" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1543" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">51,280</td> <td id="new_id-1544" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1493" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1494" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-1495" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1496" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1497" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-1498" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1499" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1500" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-1501" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1502" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1503" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-1504" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1505" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1506" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1507" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1508" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1509" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1510" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1511" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1512" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Gross accounts receivable</p> </td> <td id="new_id-1513" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1514" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1515" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>52,605 </b></td> <td id="new_id-1516" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1517" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1518" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1519" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">54,897</td> <td id="new_id-1520" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Customer allowances</p> </td> <td id="new_id-1521" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1522" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1523" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(1,191</b></td> <td id="new_id-1524" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-1525" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1526" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1527" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(1,800</td> <td id="new_id-1528" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Allowance for doubtful accounts</p> </td> <td id="new_id-1529" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1530" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1531" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(1,828</b></td> <td id="new_id-1532" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-1533" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1534" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1535" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(1,817</td> <td id="new_id-1536" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Trade accounts receivable</p> </td> <td id="new_id-1537" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1538" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-1539" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>49,586 </b></td> <td id="new_id-1540" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1541" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1542" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1543" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">51,280</td> <td id="new_id-1544" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 52605000 54897000 1191000 1800000 1828000 1817000 49586000 51280000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;text-indent:-36pt;"><b>4. </b>         <b>Inventories</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;text-indent:9pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1545" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1546" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-1547" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1548" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1549" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-1550" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1551" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1552" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-1553" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1554" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1555" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-1556" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Finished furniture</p> </td> <td id="new_id-1557" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1558" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1559" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>69,554 </b></td> <td id="new_id-1560" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1561" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1562" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1563" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">75,354</td> <td id="new_id-1564" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Furniture in process</p> </td> <td id="new_id-1565" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1566" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1567" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>1,695 </b></td> <td id="new_id-1568" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1569" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1570" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1571" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">1,702</td> <td id="new_id-1572" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Materials and supplies</p> </td> <td id="new_id-1573" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1574" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1575" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>11,189 </b></td> <td id="new_id-1576" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1577" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1578" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1579" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">10,538</td> <td id="new_id-1580" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Inventories at FIFO</p> </td> <td id="new_id-1581" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1582" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1583" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>82,438 </b></td> <td id="new_id-1584" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1585" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1586" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1587" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">87,594</td> <td id="new_id-1588" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Reduction to LIFO basis</p> </td> <td id="new_id-1589" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1590" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1591" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(25,801</b></td> <td id="new_id-1592" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-1593" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1594" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1595" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(25,779</td> <td id="new_id-1596" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Inventories</p> </td> <td id="new_id-1597" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1598" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-1599" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>56,637 </b></td> <td id="new_id-1600" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1601" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1602" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1603" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">61,815</td> <td id="new_id-1604" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1545" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1546" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-1547" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1548" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1549" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-1550" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1551" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1552" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-1553" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1554" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1555" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-1556" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Finished furniture</p> </td> <td id="new_id-1557" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1558" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1559" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>69,554 </b></td> <td id="new_id-1560" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1561" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1562" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1563" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">75,354</td> <td id="new_id-1564" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Furniture in process</p> </td> <td id="new_id-1565" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1566" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1567" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>1,695 </b></td> <td id="new_id-1568" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1569" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1570" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1571" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">1,702</td> <td id="new_id-1572" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Materials and supplies</p> </td> <td id="new_id-1573" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1574" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1575" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>11,189 </b></td> <td id="new_id-1576" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1577" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1578" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1579" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">10,538</td> <td id="new_id-1580" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Inventories at FIFO</p> </td> <td id="new_id-1581" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1582" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1583" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>82,438 </b></td> <td id="new_id-1584" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1585" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1586" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1587" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">87,594</td> <td id="new_id-1588" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Reduction to LIFO basis</p> </td> <td id="new_id-1589" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1590" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1591" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(25,801</b></td> <td id="new_id-1592" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-1593" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1594" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1595" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(25,779</td> <td id="new_id-1596" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Inventories</p> </td> <td id="new_id-1597" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1598" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-1599" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>56,637 </b></td> <td id="new_id-1600" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1601" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1602" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1603" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">61,815</td> <td id="new_id-1604" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 69554000 75354000 1695000 1702000 11189000 10538000 82438000 87594000 25801000 25779000 56637000 61815000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>5.</b>         <b>Property, Plant and Equipment </b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 44%;"> </td> <td id="new_id-1605" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="1" id="new_id-1606" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">Depreciable Lives</p> </td> <td id="new_id-1607" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1608" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1609" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-1610" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1611" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1612" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-1613" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 44%;"> </td> <td id="new_id-1614" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="1" id="new_id-1615" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><i>(In years)</i></p> </td> <td id="new_id-1616" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1617" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1618" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-1619" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1620" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1621" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-1622" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 44%;"> </td> <td id="new_id-1623" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1624" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"> </td> <td id="new_id-1625" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1626" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1627" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1628" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"> </td> <td id="new_id-1629" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1630" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1631" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1632" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"> </td> <td id="new_id-1633" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Buildings and land improvements</p> </td> <td id="new_id-1634" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1635" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">15 - 30</td> <td id="new_id-1636" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1637" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1638" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1639" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>33,797 </b></td> <td id="new_id-1640" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1641" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1642" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1643" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">33,785</td> <td id="new_id-1644" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Computer software and hardware</p> </td> <td id="new_id-1645" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1646" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">3 - 10</td> <td id="new_id-1647" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1648" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1649" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1650" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>9,045 </b></td> <td id="new_id-1651" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1652" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1653" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1654" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">8,994</td> <td id="new_id-1655" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Machinery and equipment</p> </td> <td id="new_id-1656" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1657" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">10</td> <td id="new_id-1658" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1659" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1660" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1661" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>12,094 </b></td> <td id="new_id-1662" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1663" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1664" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1665" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">11,708</td> <td id="new_id-1666" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Leasehold improvements</p> </td> <td id="new_id-1667" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="1" id="new_id-1668" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Term of lease</p> </td> <td id="new_id-1669" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1670" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1671" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1672" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>13,097 </b></td> <td id="new_id-1673" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1674" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1675" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1676" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">12,436</td> <td id="new_id-1677" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Furniture and fixtures</p> </td> <td id="new_id-1678" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1679" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">3 - 10</td> <td id="new_id-1680" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1681" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1682" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1683" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>7,427 </b></td> <td id="new_id-1684" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1685" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1686" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1687" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,256</td> <td id="new_id-1688" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Other</p> </td> <td id="new_id-1689" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1690" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">5</td> <td id="new_id-1691" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1692" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1693" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1694" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>705 </b></td> <td id="new_id-1695" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1696" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1697" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1698" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">698</td> <td id="new_id-1699" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Total depreciable property at cost</p> </td> <td id="new_id-1700" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1701" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1702" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"><b> </b></td> <td id="new_id-1703" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1704" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1705" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>76,165 </b></td> <td id="new_id-1706" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1707" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1708" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1709" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">74,877</td> <td id="new_id-1710" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Less accumulated depreciation</p> </td> <td id="new_id-1711" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1712" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1713" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"><b> </b></td> <td id="new_id-1714" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1715" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1716" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(48,737</b></td> <td id="new_id-1717" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-1718" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1719" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1720" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(47,700</td> <td id="new_id-1721" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Total depreciable property, net</p> </td> <td id="new_id-1722" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1723" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1724" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"><b> </b></td> <td id="new_id-1725" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1726" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1727" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>27,428 </b></td> <td id="new_id-1728" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1729" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1730" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1731" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">27,177</td> <td id="new_id-1732" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Land</p> </td> <td id="new_id-1733" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1734" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1735" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"><b> </b></td> <td id="new_id-1736" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1737" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1738" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>1,077 </b></td> <td id="new_id-1739" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1740" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1741" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1742" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">1,077</td> <td id="new_id-1743" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Construction-in-progress</p> </td> <td id="new_id-1744" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1745" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1746" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"><b> </b></td> <td id="new_id-1747" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1748" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1749" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>440 </b></td> <td id="new_id-1750" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1751" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1752" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1753" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">888</td> <td id="new_id-1754" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Property, plant and equipment, net</p> </td> <td id="new_id-1755" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1756" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1757" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; width: 1%;"><b> </b></td> <td id="new_id-1758" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1759" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-1760" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>28,945 </b></td> <td id="new_id-1761" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1762" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1763" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1764" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">29,142</td> <td id="new_id-1765" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 44%;"> </td> <td id="new_id-1605" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="1" id="new_id-1606" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">Depreciable Lives</p> </td> <td id="new_id-1607" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1608" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1609" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-1610" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1611" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1612" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-1613" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 44%;"> </td> <td id="new_id-1614" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="1" id="new_id-1615" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><i>(In years)</i></p> </td> <td id="new_id-1616" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1617" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1618" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-1619" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1620" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1621" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-1622" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 44%;"> </td> <td id="new_id-1623" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1624" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"> </td> <td id="new_id-1625" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1626" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1627" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1628" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"> </td> <td id="new_id-1629" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1630" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1631" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1632" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"> </td> <td id="new_id-1633" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Buildings and land improvements</p> </td> <td id="new_id-1634" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1635" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">15 - 30</td> <td id="new_id-1636" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1637" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1638" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1639" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>33,797 </b></td> <td id="new_id-1640" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1641" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1642" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1643" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">33,785</td> <td id="new_id-1644" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Computer software and hardware</p> </td> <td id="new_id-1645" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1646" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">3 - 10</td> <td id="new_id-1647" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1648" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1649" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1650" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>9,045 </b></td> <td id="new_id-1651" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1652" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1653" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1654" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">8,994</td> <td id="new_id-1655" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Machinery and equipment</p> </td> <td id="new_id-1656" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1657" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">10</td> <td id="new_id-1658" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1659" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1660" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1661" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>12,094 </b></td> <td id="new_id-1662" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1663" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1664" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1665" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">11,708</td> <td id="new_id-1666" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Leasehold improvements</p> </td> <td id="new_id-1667" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="1" id="new_id-1668" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Term of lease</p> </td> <td id="new_id-1669" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1670" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1671" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1672" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>13,097 </b></td> <td id="new_id-1673" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1674" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1675" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1676" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">12,436</td> <td id="new_id-1677" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Furniture and fixtures</p> </td> <td id="new_id-1678" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1679" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">3 - 10</td> <td id="new_id-1680" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1681" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1682" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1683" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>7,427 </b></td> <td id="new_id-1684" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1685" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1686" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1687" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,256</td> <td id="new_id-1688" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Other</p> </td> <td id="new_id-1689" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1690" style="width: 16%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">5</td> <td id="new_id-1691" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1692" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1693" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1694" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>705 </b></td> <td id="new_id-1695" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1696" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1697" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1698" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">698</td> <td id="new_id-1699" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Total depreciable property at cost</p> </td> <td id="new_id-1700" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1701" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1702" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"><b> </b></td> <td id="new_id-1703" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1704" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1705" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>76,165 </b></td> <td id="new_id-1706" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1707" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1708" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1709" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">74,877</td> <td id="new_id-1710" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Less accumulated depreciation</p> </td> <td id="new_id-1711" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1712" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1713" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"><b> </b></td> <td id="new_id-1714" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1715" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1716" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(48,737</b></td> <td id="new_id-1717" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-1718" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1719" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1720" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(47,700</td> <td id="new_id-1721" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Total depreciable property, net</p> </td> <td id="new_id-1722" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1723" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1724" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"><b> </b></td> <td id="new_id-1725" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1726" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1727" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>27,428 </b></td> <td id="new_id-1728" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1729" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1730" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1731" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">27,177</td> <td id="new_id-1732" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Land</p> </td> <td id="new_id-1733" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1734" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1735" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"><b> </b></td> <td id="new_id-1736" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1737" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1738" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>1,077 </b></td> <td id="new_id-1739" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1740" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1741" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1742" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">1,077</td> <td id="new_id-1743" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Construction-in-progress</p> </td> <td id="new_id-1744" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1745" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1746" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"><b> </b></td> <td id="new_id-1747" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1748" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1749" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>440 </b></td> <td id="new_id-1750" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1751" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1752" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1753" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">888</td> <td id="new_id-1754" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 44%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Property, plant and equipment, net</p> </td> <td id="new_id-1755" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1756" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 16%;"><b> </b></td> <td id="new_id-1757" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; width: 1%;"><b> </b></td> <td id="new_id-1758" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1759" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-1760" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>28,945 </b></td> <td id="new_id-1761" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1762" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1763" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1764" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">29,142</td> <td id="new_id-1765" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 15 30 33797000 33785000 3 10 9045000 8994000 10 12094000 11708000 Term of lease 13097000 12436000 3 10 7427000 7256000 5 705000 698000 76165000 74877000 48737000 47700000 27428000 27177000 1077000 1077000 440000 888000 28945000 29142000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>6. </b>         <b>Cloud Computing Hosting Arrangement</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We are in the process of implementing a common Enterprise Resource Planning (ERP) system across all divisions. The ERP system went live at Sunset West in December 2022 and in the legacy Hooker divisions and for consolidated reporting in early September 2023. We expect the new ERP system to go live in the Home Meridian segment during fiscal 2026.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Based on the provisions of ASU 2018-15, Intangibles — Goodwill and Other — Internal-Use Software, we capitalize implementation costs associated with hosting arrangements that are service contracts. These costs are recorded in other noncurrent assets of our consolidated balance sheets. We amortize on a straight-line basis over a 10-year term as the system went live at Sunset West and the legacy Hooker divisions. The amortization expenses are recorded as a component of selling and administrative expenses in our consolidated statements of operations. Additionally, we recorded capitalized interest as we entered into new term loans in July 2022. Implementation costs of $1.3 million and interest expense of $55,000 were capitalized in fiscal 2025 first quarter. Implementation costs of $1.3 million and interest expense of $66,000 were capitalized in fiscal 2024 first quarter. The capitalized implementation costs at April 28, 2024 and January 28, 2024 were as follows:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 40%;"> </td> <td id="new_id-1766" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="6" id="new_id-1767" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-1768" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1769" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="6" id="new_id-1770" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">January 28, 2024</p> </td> <td id="new_id-1771" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 40%;"> </td> <td id="new_id-1772" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1773" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Gross carrying amount</b></p> </td> <td id="new_id-1774" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; width: 1%;"> </td> <td id="new_id-1775" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center; width: 1%;"> </td> <td colspan="2" id="new_id-1776" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Accumulated amortization</b></p> </td> <td id="new_id-1777" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; width: 1%;"> </td> <td id="new_id-1778" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center; width: 1%;"> </td> <td colspan="2" id="new_id-1779" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Gross carrying amount</p> </td> <td id="new_id-1780" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; width: 1%;"> </td> <td id="new_id-1781" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center; width: 1%;"> </td> <td colspan="2" id="new_id-1782" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Accumulated amortization</p> </td> <td id="new_id-1783" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 40%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Implementation Costs</p> </td> <td id="new_id-1784" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1785" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1786" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>15,019 </b></td> <td id="new_id-1787" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1788" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1789" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1790" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(701</b></td> <td id="new_id-1791" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-1792" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1793" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1794" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">13,736</td> <td id="new_id-1795" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1796" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1797" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1798" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(414</td> <td id="new_id-1799" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 40%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Interest Expenses</p> </td> <td id="new_id-1800" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1801" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1802" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>412 </b></td> <td id="new_id-1803" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1804" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1805" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1806" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(13</b></td> <td id="new_id-1807" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-1808" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1809" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1810" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">357</td> <td id="new_id-1811" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1812" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1813" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1814" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(8</td> <td id="new_id-1815" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> </table> P10Y 1300000 55000 1300000 66000 The capitalized implementation costs at April 28, 2024 and January 28, 2024 were as follows:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 40%;"> </td> <td id="new_id-1766" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="6" id="new_id-1767" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-1768" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1769" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="6" id="new_id-1770" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 16%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">January 28, 2024</p> </td> <td id="new_id-1771" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 40%;"> </td> <td id="new_id-1772" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1773" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Gross carrying amount</b></p> </td> <td id="new_id-1774" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; width: 1%;"> </td> <td id="new_id-1775" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center; width: 1%;"> </td> <td colspan="2" id="new_id-1776" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Accumulated amortization</b></p> </td> <td id="new_id-1777" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; width: 1%;"> </td> <td id="new_id-1778" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center; width: 1%;"> </td> <td colspan="2" id="new_id-1779" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Gross carrying amount</p> </td> <td id="new_id-1780" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; width: 1%;"> </td> <td id="new_id-1781" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center; width: 1%;"> </td> <td colspan="2" id="new_id-1782" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Accumulated amortization</p> </td> <td id="new_id-1783" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 40%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Implementation Costs</p> </td> <td id="new_id-1784" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1785" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1786" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>15,019 </b></td> <td id="new_id-1787" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1788" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1789" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1790" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(701</b></td> <td id="new_id-1791" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-1792" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1793" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1794" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">13,736</td> <td id="new_id-1795" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1796" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1797" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1798" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(414</td> <td id="new_id-1799" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 40%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Interest Expenses</p> </td> <td id="new_id-1800" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1801" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1802" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>412 </b></td> <td id="new_id-1803" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1804" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1805" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1806" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(13</b></td> <td id="new_id-1807" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-1808" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1809" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1810" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">357</td> <td id="new_id-1811" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1812" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1813" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1814" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(8</td> <td id="new_id-1815" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> </table> 15019000 701000 13736000 414000 412000 13000 357000 8000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>7. </b>         <b>Fair Value Measurements</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Fair value is the price that would be received upon the sale of an asset or paid upon the transfer of a liability (an exit price) in an orderly transaction between market participants on the applicable measurement date. We use a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Level 1, defined as observable inputs such as quoted prices in active markets for identical assets and liabilities;</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions.</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As of April 28, 2024 and January 28, 2024, Company-owned life insurance was measured at fair value on a recurring basis based on Level 2 inputs. The fair value of the Company-owned life insurance is determined by inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. Additionally, the fair value of the Company-owned life insurance is marked to market each reporting period and any change in fair value is reflected in income for that period.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Our assets measured at fair value on a recurring basis at April 28, 2024 and January 28, 2024, were as follows:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1816" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="14" id="new_id-1817" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Fair value at April 28, 2024</b></p> </td> <td id="new_id-1818" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1819" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="14" id="new_id-1820" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Fair value at January 28, 2024</p> </td> <td id="new_id-1821" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; width: 20%; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Description</b></p> </td> <td id="new_id-1822" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1823" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Level 1</b></p> </td> <td id="new_id-1824" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1825" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1826" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Level 2</b></p> </td> <td id="new_id-1827" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1828" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1829" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Level 3</b></p> </td> <td id="new_id-1830" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1831" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1832" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Total</b></p> </td> <td id="new_id-1833" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1834" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1835" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Level 1</p> </td> <td id="new_id-1836" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1837" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1838" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Level 2</p> </td> <td id="new_id-1839" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1840" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1841" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Level 3</p> </td> <td id="new_id-1842" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1843" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1844" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Total</p> </td> <td id="new_id-1845" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1846" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="30" id="new_id-1847" rowspan="1" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;">(In thousands)</p> </td> <td id="new_id-1848" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Assets measured at fair value</b></p> </td> <td id="new_id-1849" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1850" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1851" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1852" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1853" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1854" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1855" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1856" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1857" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1858" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1859" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1860" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1861" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1862" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1863" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1864" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1865" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1866" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1867" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1868" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1869" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1870" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1871" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1872" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1873" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1874" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1875" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1876" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1877" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1878" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1879" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1880" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Company-owned life insurance</p> </td> <td id="new_id-1881" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1882" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1883" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1884" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1885" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1886" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1887" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>28,677 </b></td> <td id="new_id-1888" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1889" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1890" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1891" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1892" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1893" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1894" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1895" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>28,677 </b></td> <td id="new_id-1896" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1897" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1898" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1899" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">-</td> <td id="new_id-1900" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1901" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1902" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1903" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">28,528</td> <td id="new_id-1904" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1905" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1906" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1907" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">-</td> <td id="new_id-1908" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1909" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1910" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1911" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">28,528</td> <td id="new_id-1912" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Our assets measured at fair value on a recurring basis at April 28, 2024 and January 28, 2024, were as follows:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1816" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="14" id="new_id-1817" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Fair value at April 28, 2024</b></p> </td> <td id="new_id-1818" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1819" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="14" id="new_id-1820" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Fair value at January 28, 2024</p> </td> <td id="new_id-1821" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; width: 20%; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Description</b></p> </td> <td id="new_id-1822" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1823" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Level 1</b></p> </td> <td id="new_id-1824" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1825" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1826" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Level 2</b></p> </td> <td id="new_id-1827" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1828" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1829" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Level 3</b></p> </td> <td id="new_id-1830" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1831" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1832" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Total</b></p> </td> <td id="new_id-1833" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1834" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1835" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Level 1</p> </td> <td id="new_id-1836" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1837" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1838" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Level 2</p> </td> <td id="new_id-1839" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1840" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1841" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Level 3</p> </td> <td id="new_id-1842" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-1843" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-1844" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Total</p> </td> <td id="new_id-1845" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1846" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="30" id="new_id-1847" rowspan="1" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;">(In thousands)</p> </td> <td id="new_id-1848" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Assets measured at fair value</b></p> </td> <td id="new_id-1849" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1850" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1851" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1852" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1853" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1854" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1855" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1856" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1857" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1858" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1859" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1860" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1861" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1862" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1863" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1864" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1865" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1866" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1867" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1868" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1869" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1870" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1871" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1872" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1873" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1874" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1875" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1876" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1877" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1878" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1879" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-1880" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Company-owned life insurance</p> </td> <td id="new_id-1881" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1882" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1883" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1884" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1885" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1886" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1887" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>28,677 </b></td> <td id="new_id-1888" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1889" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1890" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1891" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1892" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1893" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1894" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-1895" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>28,677 </b></td> <td id="new_id-1896" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1897" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1898" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1899" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">-</td> <td id="new_id-1900" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1901" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1902" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1903" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">28,528</td> <td id="new_id-1904" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1905" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1906" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1907" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">-</td> <td id="new_id-1908" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1909" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-1910" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-1911" style="width: 7%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">28,528</td> <td id="new_id-1912" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 0 28677000 0 28677000 0 28528000 0 28528000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>8.</b>         <b>Intangible Assets</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Our intangible assets with indefinite lives consist of: goodwill related to the Shenandoah, Sunset West and BOBO Intriguing Objects acquisitions; and trademarks and tradenames related to the acquisitions of Bradington-Young, Home Meridian and BOBO Intriguing Objects. Our intangible assets with definite lives are recorded in our Home Meridian and Domestic Upholstery segments. Details of our intangible assets are as follows:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1913" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1914" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-1915" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1916" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1917" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28, 2024</p> </td> <td id="new_id-1918" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1919" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1920" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Gross carrying amount</b></p> </td> <td id="new_id-1921" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center;"> </td> <td id="new_id-1922" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center;"> </td> <td colspan="2" id="new_id-1923" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Accumulated Amortization</b></p> </td> <td id="new_id-1924" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center;"> </td> <td id="new_id-1925" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center;"> </td> <td colspan="2" id="new_id-1926" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Gross carrying amount</p> </td> <td id="new_id-1927" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center;"> </td> <td id="new_id-1928" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center;"> </td> <td colspan="2" id="new_id-1929" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Accumulated Amortization</p> </td> <td id="new_id-1930" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 40%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Intangible assets with indefinite lives:</b></p> </td> <td id="new_id-1931" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1932" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1933" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1934" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1935" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1936" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1937" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1938" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1939" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1940" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1941" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1942" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1943" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1944" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1945" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1946" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Goodwill</b></p> </td> <td id="new_id-1947" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1948" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1949" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1950" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1951" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1952" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1953" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1954" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1955" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1956" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1957" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1958" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1959" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1960" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1961" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1962" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery - Shenandoah *</p> </td> <td id="new_id-1963" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1964" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1965" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>490 </b></td> <td id="new_id-1966" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1967" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1968" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1969" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1970" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1971" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1972" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1973" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">490</td> <td id="new_id-1974" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1975" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1976" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1977" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-1978" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery - Sunset West</p> </td> <td id="new_id-1979" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1980" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1981" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>14,462 </b></td> <td id="new_id-1982" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1983" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1984" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1985" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1986" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1987" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1988" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1989" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">14,462</td> <td id="new_id-1990" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1991" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1992" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1993" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-1994" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other - BOBO Intriguing Objects</p> </td> <td id="new_id-1995" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1996" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1997" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>84 </b></td> <td id="new_id-1998" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1999" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2000" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2001" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>- </b></td> <td id="new_id-2002" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2003" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2004" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2005" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">84</td> <td id="new_id-2006" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2007" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2008" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2009" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2010" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Goodwill</b></p> </td> <td id="new_id-2011" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2012" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2013" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>15,036 </b></td> <td id="new_id-2014" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2015" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2016" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2017" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-2018" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2019" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2020" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2021" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">15,036</td> <td id="new_id-2022" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2023" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2024" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2025" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-2026" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2027" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2028" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2029" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2030" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2031" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2032" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2033" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2034" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2035" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2036" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2037" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2038" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2039" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2040" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2041" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2042" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Trademarks and Trade names *</b></p> </td> <td id="new_id-2043" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2044" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2045" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>8,011 </b></td> <td id="new_id-2046" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2047" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2048" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2049" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-2050" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2051" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2052" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2053" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">8,011</td> <td id="new_id-2054" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2055" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2056" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2057" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2058" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2059" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2060" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2061" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2062" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2063" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2064" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2065" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2066" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2067" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2068" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2069" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2070" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2071" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2072" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2073" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2074" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Intangible assets with definite lives:</b></p> </td> <td id="new_id-2075" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2076" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2077" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2078" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2079" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2080" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2081" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2082" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2083" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2084" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2085" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2086" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2087" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2088" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2089" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2090" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Customer Relations</p> </td> <td id="new_id-2091" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2092" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2093" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>38,001 </b></td> <td id="new_id-2094" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2095" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2096" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2097" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(19,825</b></td> <td id="new_id-2098" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2099" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2100" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2101" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">38,001</td> <td id="new_id-2102" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2103" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2104" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2105" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(18,982</td> <td id="new_id-2106" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Trademarks and Trade names</p> </td> <td id="new_id-2107" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2108" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2109" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>2,334 </b></td> <td id="new_id-2110" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2111" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2112" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2113" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(822</b></td> <td id="new_id-2114" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2115" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2116" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2117" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">2,334</td> <td id="new_id-2118" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2119" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2120" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2121" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(741</td> <td id="new_id-2122" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2123" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2124" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2125" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2126" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2127" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2128" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2129" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2130" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2131" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2132" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2133" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2134" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2135" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2136" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2137" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2138" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Intangible assets, net</b></p> </td> <td id="new_id-2139" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2140" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2141" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>48,346 </b></td> <td id="new_id-2142" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2143" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2144" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2145" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(20,647</b></td> <td id="new_id-2146" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2147" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2148" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2149" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">48,346</td> <td id="new_id-2150" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2151" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2152" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2153" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(19,723</td> <td id="new_id-2154" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> </table> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">*: The amounts are net of impairment charges of $16.4 million related to Shenandoah goodwill and $4.8 million related to certain Home Meridian segment trade names, which were recorded in fiscal 2021.</p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Amortization expenses for intangible assets with definite lives were $924,000 and $883,000 for the first quarters of fiscal 2025 and 2024, respectively. For the remainder of fiscal 2025, amortization expense is expected to be approximately $2.8 million.</p> Details of our intangible assets are as follows:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1913" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1914" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-1915" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1916" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1917" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28, 2024</p> </td> <td id="new_id-1918" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1919" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1920" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Gross carrying amount</b></p> </td> <td id="new_id-1921" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center;"> </td> <td id="new_id-1922" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center;"> </td> <td colspan="2" id="new_id-1923" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Accumulated Amortization</b></p> </td> <td id="new_id-1924" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center;"> </td> <td id="new_id-1925" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center;"> </td> <td colspan="2" id="new_id-1926" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Gross carrying amount</p> </td> <td id="new_id-1927" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center;"> </td> <td id="new_id-1928" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: center;"> </td> <td colspan="2" id="new_id-1929" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Accumulated Amortization</p> </td> <td id="new_id-1930" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 40%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Intangible assets with indefinite lives:</b></p> </td> <td id="new_id-1931" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1932" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1933" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1934" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1935" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1936" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1937" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1938" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1939" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1940" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1941" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1942" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1943" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1944" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1945" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1946" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Goodwill</b></p> </td> <td id="new_id-1947" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1948" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1949" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1950" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1951" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1952" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1953" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1954" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1955" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1956" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1957" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1958" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1959" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1960" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1961" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1962" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery - Shenandoah *</p> </td> <td id="new_id-1963" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1964" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1965" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>490 </b></td> <td id="new_id-1966" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1967" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1968" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1969" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1970" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1971" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1972" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1973" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">490</td> <td id="new_id-1974" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1975" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1976" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1977" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-1978" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery - Sunset West</p> </td> <td id="new_id-1979" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1980" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1981" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>14,462 </b></td> <td id="new_id-1982" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1983" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1984" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-1985" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-1986" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1987" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1988" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1989" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">14,462</td> <td id="new_id-1990" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1991" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1992" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1993" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-1994" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other - BOBO Intriguing Objects</p> </td> <td id="new_id-1995" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-1996" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-1997" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>84 </b></td> <td id="new_id-1998" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1999" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2000" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2001" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>- </b></td> <td id="new_id-2002" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2003" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2004" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2005" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">84</td> <td id="new_id-2006" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2007" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2008" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2009" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2010" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Goodwill</b></p> </td> <td id="new_id-2011" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2012" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2013" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>15,036 </b></td> <td id="new_id-2014" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2015" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2016" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2017" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-2018" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2019" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2020" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2021" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">15,036</td> <td id="new_id-2022" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2023" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2024" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2025" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-2026" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2027" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2028" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2029" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2030" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2031" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2032" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2033" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2034" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2035" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2036" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2037" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2038" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2039" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2040" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2041" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2042" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Trademarks and Trade names *</b></p> </td> <td id="new_id-2043" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2044" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2045" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>8,011 </b></td> <td id="new_id-2046" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2047" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2048" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2049" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>- </b></td> <td id="new_id-2050" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2051" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2052" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2053" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">8,011</td> <td id="new_id-2054" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2055" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2056" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2057" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2058" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2059" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2060" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2061" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2062" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2063" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2064" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2065" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2066" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2067" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2068" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2069" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2070" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2071" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2072" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2073" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2074" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Intangible assets with definite lives:</b></p> </td> <td id="new_id-2075" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2076" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2077" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2078" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2079" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2080" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2081" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2082" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2083" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2084" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2085" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2086" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2087" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2088" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2089" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2090" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Customer Relations</p> </td> <td id="new_id-2091" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2092" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2093" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>38,001 </b></td> <td id="new_id-2094" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2095" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2096" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2097" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(19,825</b></td> <td id="new_id-2098" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2099" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2100" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2101" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">38,001</td> <td id="new_id-2102" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2103" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2104" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2105" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(18,982</td> <td id="new_id-2106" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Trademarks and Trade names</p> </td> <td id="new_id-2107" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2108" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2109" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>2,334 </b></td> <td id="new_id-2110" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2111" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2112" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2113" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(822</b></td> <td id="new_id-2114" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2115" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2116" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2117" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">2,334</td> <td id="new_id-2118" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2119" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2120" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2121" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(741</td> <td id="new_id-2122" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2123" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2124" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2125" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2126" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2127" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2128" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2129" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2130" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2131" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2132" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2133" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2134" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2135" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2136" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2137" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2138" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Intangible assets, net</b></p> </td> <td id="new_id-2139" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2140" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2141" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>48,346 </b></td> <td id="new_id-2142" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2143" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2144" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2145" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>(20,647</b></td> <td id="new_id-2146" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2147" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2148" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2149" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">48,346</td> <td id="new_id-2150" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2151" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2152" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2153" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">(19,723</td> <td id="new_id-2154" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> </table><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">*: The amounts are net of impairment charges of $16.4 million related to Shenandoah goodwill and $4.8 million related to certain Home Meridian segment trade names, which were recorded in fiscal 2021.</p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> 490000 0 490000 0 14462000 0 14462000 0 84000 0 84000 0 15036000 0 15036000 0 8011000 8011000 38001000 -19825000 38001000 -18982000 2334000 -822000 2334000 -741000 48346000 -20647000 48346000 -19723000 16400000 4800000 924000 883000 2800000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>9. </b>         <b>Leases</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We have operating leases for warehouses, showrooms, manufacturing facilities, offices and equipment. We recognized sublease income of $53,000 and $29,000 in the first quarters of fiscal 2025 and 2024, respectively.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The components of lease cost and supplemental cash flow information for leases for the first quarters of fiscal 2025 and 2024 were:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2155" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-2156" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-2157" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2158" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2159" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-2160" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2161" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2162" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">April 30, 2023</p> </td> <td id="new_id-2163" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Operating lease cost</p> </td> <td id="new_id-2164" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2165" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2166" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>2,526 </b></td> <td id="new_id-2167" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2168" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2169" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2170" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">2,838</td> <td id="new_id-2171" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Variable lease cost</p> </td> <td id="new_id-2172" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2173" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2174" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>105 </b></td> <td id="new_id-2175" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2176" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2177" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2178" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">82</td> <td id="new_id-2179" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Short-term lease cost</p> </td> <td id="new_id-2180" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2181" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2182" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>116 </b></td> <td id="new_id-2183" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2184" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2185" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2186" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">79</td> <td id="new_id-2187" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total operating lease cost</p> </td> <td id="new_id-2188" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2189" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2190" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>2,747 </b></td> <td id="new_id-2191" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2192" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2193" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2194" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,999</td> <td id="new_id-2195" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2196" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2197" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2198" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2199" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2200" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2201" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2202" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2203" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2204" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2205" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2206" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2207" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2208" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2209" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2210" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2211" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Operating cash outflows</p> </td> <td id="new_id-2212" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2213" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2214" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>2,608 </b></td> <td id="new_id-2215" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2216" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2217" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2218" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">2,694</td> <td id="new_id-2219" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of April 28, 2024 and January 28, 2024 were as follows:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2220" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2221" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>April 28, 2024</b></p> </td> <td id="new_id-2222" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2223" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2224" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">January 28, 2024</p> </td> <td id="new_id-2225" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Real estate</p> </td> <td id="new_id-2226" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2227" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2228" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>48,483 </b></td> <td id="new_id-2229" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2230" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2231" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2232" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">49,968</td> <td id="new_id-2233" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Property and equipment</p> </td> <td id="new_id-2234" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2235" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2236" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>748 </b></td> <td id="new_id-2237" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2238" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2239" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2240" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">833</td> <td id="new_id-2241" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total operating leases right-of-use assets</p> </td> <td id="new_id-2242" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2243" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2244" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>49,231 </b></td> <td id="new_id-2245" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2246" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2247" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2248" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">50,801</td> <td id="new_id-2249" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2250" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2251" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2252" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2253" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2254" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2255" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2256" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2257" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2258" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2259" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2260" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2261" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2262" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2263" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2264" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2265" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Current portion of operating lease liabilities</p> </td> <td id="new_id-2266" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2267" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2268" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>7,085 </b></td> <td id="new_id-2269" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2270" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2271" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2272" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">6,964</td> <td id="new_id-2273" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Long term operating lease liabilities</p> </td> <td id="new_id-2274" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2275" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2276" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>44,864 </b></td> <td id="new_id-2277" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2278" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2279" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2280" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">46,414</td> <td id="new_id-2281" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total operating lease liabilities</p> </td> <td id="new_id-2282" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2283" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2284" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>51,949 </b></td> <td id="new_id-2285" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2286" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2287" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2288" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">53,378</td> <td id="new_id-2289" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The weighted-average discount rate is 5.18%. The weighted-average remaining lease term is 6.9 years.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on April 28, 2024:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2290" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2291" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Undiscounted Future </b></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Operating Lease Payments</b></p> </td> <td id="new_id-2292" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Remainder of fiscal 2025</p> </td> <td id="new_id-2293" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2294" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2295" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,194</td> <td id="new_id-2296" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2026</p> </td> <td id="new_id-2297" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2298" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2299" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">9,653</td> <td id="new_id-2300" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2027</p> </td> <td id="new_id-2301" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2302" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2303" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">9,495</td> <td id="new_id-2304" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2028</p> </td> <td id="new_id-2305" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2306" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2307" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,874</td> <td id="new_id-2308" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2029</p> </td> <td id="new_id-2309" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2310" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2311" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,350</td> <td id="new_id-2312" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2030 and thereafter</p> </td> <td id="new_id-2313" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2314" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2315" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">20,994</td> <td id="new_id-2316" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total lease payments</p> </td> <td id="new_id-2317" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2318" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2319" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">62,560</td> <td id="new_id-2320" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Less: impact of discounting</p> </td> <td id="new_id-2321" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2322" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2323" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(10,611</td> <td id="new_id-2324" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Present value of lease payments</p> </td> <td id="new_id-2325" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2326" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2327" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">51,949</td> <td id="new_id-2328" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 53000 29000 The components of lease cost and supplemental cash flow information for leases for the first quarters of fiscal 2025 and 2024 were:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2155" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-2156" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-2157" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2158" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2159" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-2160" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2161" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2162" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">April 30, 2023</p> </td> <td id="new_id-2163" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Operating lease cost</p> </td> <td id="new_id-2164" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2165" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2166" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>2,526 </b></td> <td id="new_id-2167" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2168" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2169" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2170" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">2,838</td> <td id="new_id-2171" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Variable lease cost</p> </td> <td id="new_id-2172" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2173" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2174" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>105 </b></td> <td id="new_id-2175" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2176" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2177" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2178" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">82</td> <td id="new_id-2179" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Short-term lease cost</p> </td> <td id="new_id-2180" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2181" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2182" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>116 </b></td> <td id="new_id-2183" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2184" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2185" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2186" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">79</td> <td id="new_id-2187" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total operating lease cost</p> </td> <td id="new_id-2188" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2189" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2190" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>2,747 </b></td> <td id="new_id-2191" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2192" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2193" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2194" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,999</td> <td id="new_id-2195" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2196" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2197" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2198" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2199" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2200" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2201" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2202" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2203" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2204" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2205" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2206" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2207" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2208" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2209" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2210" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2211" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Operating cash outflows</p> </td> <td id="new_id-2212" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2213" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2214" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>2,608 </b></td> <td id="new_id-2215" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2216" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2217" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2218" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">2,694</td> <td id="new_id-2219" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 2526000 2838000 105000 82000 116000 79000 2747000 2999000 2608000 2694000 The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of April 28, 2024 and January 28, 2024 were as follows:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2220" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2221" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>April 28, 2024</b></p> </td> <td id="new_id-2222" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2223" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-2224" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">January 28, 2024</p> </td> <td id="new_id-2225" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Real estate</p> </td> <td id="new_id-2226" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2227" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2228" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>48,483 </b></td> <td id="new_id-2229" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2230" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2231" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2232" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">49,968</td> <td id="new_id-2233" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Property and equipment</p> </td> <td id="new_id-2234" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2235" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2236" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>748 </b></td> <td id="new_id-2237" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2238" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2239" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2240" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">833</td> <td id="new_id-2241" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total operating leases right-of-use assets</p> </td> <td id="new_id-2242" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2243" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2244" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>49,231 </b></td> <td id="new_id-2245" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2246" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2247" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2248" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">50,801</td> <td id="new_id-2249" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2250" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2251" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2252" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2253" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2254" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2255" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2256" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2257" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2258" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2259" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2260" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2261" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2262" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2263" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2264" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2265" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Current portion of operating lease liabilities</p> </td> <td id="new_id-2266" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2267" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2268" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>7,085 </b></td> <td id="new_id-2269" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2270" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2271" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2272" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">6,964</td> <td id="new_id-2273" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Long term operating lease liabilities</p> </td> <td id="new_id-2274" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2275" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2276" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>44,864 </b></td> <td id="new_id-2277" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2278" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2279" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2280" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">46,414</td> <td id="new_id-2281" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total operating lease liabilities</p> </td> <td id="new_id-2282" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2283" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2284" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>51,949 </b></td> <td id="new_id-2285" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2286" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2287" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2288" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">53,378</td> <td id="new_id-2289" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 48483000 49968000 748000 833000 49231000 50801000 7085000 6964000 44864000 46414000 51949000 53378000 0.0518 P6Y10M24D The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on April 28, 2024:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2290" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2291" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Undiscounted Future </b></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Operating Lease Payments</b></p> </td> <td id="new_id-2292" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Remainder of fiscal 2025</p> </td> <td id="new_id-2293" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2294" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2295" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,194</td> <td id="new_id-2296" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2026</p> </td> <td id="new_id-2297" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2298" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2299" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">9,653</td> <td id="new_id-2300" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2027</p> </td> <td id="new_id-2301" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2302" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2303" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">9,495</td> <td id="new_id-2304" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2028</p> </td> <td id="new_id-2305" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2306" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2307" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,874</td> <td id="new_id-2308" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2029</p> </td> <td id="new_id-2309" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2310" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2311" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">7,350</td> <td id="new_id-2312" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">2030 and thereafter</p> </td> <td id="new_id-2313" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2314" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2315" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">20,994</td> <td id="new_id-2316" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Total lease payments</p> </td> <td id="new_id-2317" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2318" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2319" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">62,560</td> <td id="new_id-2320" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Less: impact of discounting</p> </td> <td id="new_id-2321" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2322" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2323" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(10,611</td> <td id="new_id-2324" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Present value of lease payments</p> </td> <td id="new_id-2325" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2326" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2327" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">51,949</td> <td id="new_id-2328" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 7194000 9653000 9495000 7874000 7350000 20994000 62560000 10611000 51949000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>10.</b>         <b>Long-Term Debt</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">On July 26, 2022, we entered into the Fourth Amendment (the “amendment”) to the Second Amended and Restated Loan Agreement with Bank of America, N.A. (“BofA”) to replenish cash used to make the acquisition of substantially all of the assets of Sunset West (which closed at the beginning of the first quarter of fiscal 2023) (the “Sunset Acquisition”). The Second Amended and Restated Loan Agreement dated as of September 29, 2017, had previously been amended by a First Amendment to Second Amended and Restated Loan Agreement dated as of January 31, 2019, a Second Amendment to Second Amended and Restated Loan Agreement dated as of November 4, 2020, and a Third Amendment to Second Amended and Restated Loan Agreement dated as of January 27, 2021 (as so amended, the “Existing Loan Agreement”). Details of the individual credit facilities provided for in the Amendment are as follows:</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Unsecured Revolving Credit Facility. Under the Amendment, the expiration date of the existing $35 million Unsecured Revolving Credit Facility (the “Existing Revolver”) was extended to July 26, 2027. Any amounts outstanding will bear interest at a rate per annum, equal to the then current Bloomberg Short-Term Bank Yield Index (“BSBY”) (adjusted periodically) plus 1.00%. The interest rate will be adjusted on a monthly basis. The actual daily amount of undrawn letters of credit is subject to a quarterly fee equal to a per annum rate of 1%. We must also pay a quarterly unused commitment fee that is based on the average daily amount of the facility utilized during the applicable quarter;</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">2022 Secured Term Loan. The Amendment provided us with an $18 million term loan (the “Secured Term Loan”), which was disbursed to us on July 26, 2022. We are required to pay monthly interest only payments at a rate per annum equal to the then current BSBY rate (adjusted periodically) plus 0.90% on the outstanding balance until the principal is paid in full. The interest rate will be adjusted on a monthly basis. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest. The Secured Term Loan is secured by certain company-owned life insurance policies under a Security Agreement (Assignment of Life Insurance Policy as Collateral) dated July 26, 2022, by and between the Company and BofA; and</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">2022 Unsecured Term Loan. The Amendment provided us with a $7 million unsecured term loan (the “Unsecured Term Loan”), which was disbursed to us on July 26, 2022. We are required to make monthly principal payments of $116,667 and monthly interest payments at a rate per annum equal to the then current BSBY (adjusted periodically) plus 1.40% on the outstanding balance until paid in full. The interest rate will be adjusted monthly. On July 26, 2027, the entire outstanding indebtedness is due in full, including all principal and interest.</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We may prepay any outstanding principal amounts borrowed under either the Secured Term Loan or the Unsecured Term Loan at any time, without penalty provided that any payment is accompanied by all accrued interest owed. As of April 28, 2024, $4.5 million was outstanding under the Unsecured Term Loan and $18 million was outstanding under the Secured Term Loan.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We incurred $37,500 in debt issuance costs in connection with our term loans. As of April 28, 2024, unamortized loan costs of $24,375 were netted against the carrying value of our term loans on our condensed consolidated balance sheets.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Amendment also included customary representations and warranties and requires us to comply with customary covenants, including, among other things, the following financial covenants:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Maintain a ratio of funded debt to EBITDA not exceeding:</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:54pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">o</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">2.25:1.0 through July 30, 2024; and</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:54pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">o</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">2.00:1.00 thereafter.</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">A basic fixed charge coverage ratio of at least 1.25:1.00; and</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Limit capital expenditures to no more than $15.0 million during any fiscal year.</p> </td> </tr> </table><p style="margin: 0pt; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Existing Loan Agreement also limits our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. The Existing Loan Agreement does not restrict our ability to pay cash dividends on, or repurchase, shares of our common stock, subject to our compliance with the financial covenants discussed above if we are not otherwise in default under the Existing Loan Agreement.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Due to our first quarter results, we were not in compliance with the Existing Loan Agreement’s basic fixed charge ratio covenant; however, subsequent to the end of our fiscal 2025 first quarter, we obtained a covenant waiver from BofA. Based on the risk of future non-compliance, we have classified all of the debt as current, and we have sufficient cash and investments on hand to retire the debt if necessary. However, we are in discussions with our lender, and we expect to reach a longer-term solution through amendments to the Existing Loan Agreement or otherwise, such that we expect to be in compliance with our financial covenants beginning in our fiscal 2025 second quarter and for the foreseeable future.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As of April 28, 2024, we had $28.3 million available under our $35 million Existing Revolver to fund working capital needs. Standby letters of credit in the aggregate amount of $6.7 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under the Existing Revolver as of April 28, 2024. There were no additional borrowings outstanding under the Existing Revolver as of April 28, 2024.</p> 35000000 0.01 0.01 18000000 0.009 7000000 116667 0.014 4500000 37500 24375   ■ Maintain a ratio of funded debt to EBITDA not exceeding:   o 2.25:1.0 through July 30, 2024; and   o 2.00:1.00 thereafter.   ■ A basic fixed charge coverage ratio of at least 1.25:1.00; and   ■ Limit capital expenditures to no more than $15.0 million during any fiscal year.  The Existing Loan Agreement also limits our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. The Existing Loan Agreement does not restrict our ability to pay cash dividends on, or repurchase, shares of our common stock, subject to our compliance with the financial covenants discussed above if we are not otherwise in default under the Existing Loan Agreement. 28300000 6700000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>11.</b>         <b>Earnings Per Share</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We refer you to the discussion of Earnings Per Share in Note 1. Summary of Significant Accounting Policies, in the financial statements included in our 2024 Annual Report, for additional information concerning the calculation of earnings per share (EPS).</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">All stock awards are designed to encourage retention and to provide an incentive for increasing shareholder value. We have issued restricted stock awards to non-employee members of the board of directors since 2006 and to certain non-executive employees since 2014. We have issued restricted stock units (“RSUs”) to certain senior executives since fiscal 2012 under the Company’s Stock Incentive Plan. Each RSU entitles an executive to receive one share of the Company’s common stock if the executive remains continuously employed with the Company through the end of a three-year service period. The RSUs may be paid in shares of our common stock, cash or both at the discretion of the Compensation Committee of our board of directors. We have issued Performance-based Restricted Stock Units (“PSUs”) to certain senior executives since fiscal 2019 under the Company’s Stock Incentive Plan. Each PSU entitles the executive officer to receive one share of our common stock based on the achievement of two specified performance conditions if the executive officer remains continuously employed through the end of the three-year performance period. Historically, one target is based on our annual average growth in our EPS over the performance period and the other target is based on EPS growth over the performance period compared to our peers. The payout or settlement of the PSUs will be made in shares of our common stock.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs and PSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2329" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2330" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-2331" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2332" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2333" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-2334" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2335" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2336" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-2337" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2338" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2339" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-2340" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2341" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2342" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2343" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2344" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2345" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2346" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2347" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2348" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Restricted shares</p> </td> <td id="new_id-2349" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2350" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2351" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>171 </b></td> <td id="new_id-2352" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2353" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2354" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2355" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">182</td> <td id="new_id-2356" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">RSUs and PSUs</p> </td> <td id="new_id-2357" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2358" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2359" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>130 </b></td> <td id="new_id-2360" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2361" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2362" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2363" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">140</td> <td id="new_id-2364" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2365" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2366" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2367" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>301 </b></td> <td id="new_id-2368" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2369" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2370" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2371" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">322</td> <td id="new_id-2372" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">All restricted shares, RSUs and PSUs awarded that have not yet vested are considered when computing diluted earnings per share.</p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The following table sets forth the computation of basic and diluted earnings per share:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2373" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-2374" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-2375" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2376" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2377" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-2378" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2379" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2380" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">April 30,</p> </td> <td id="new_id-2381" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2382" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2383" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-2384" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2385" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2386" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2023</p> </td> <td id="new_id-2387" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2388" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2389" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2390" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2391" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2392" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2393" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2394" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2395" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Net (loss) / income</p> </td> <td id="new_id-2396" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2397" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2398" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(4,091</b></td> <td id="new_id-2399" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2400" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2401" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2402" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,450</td> <td id="new_id-2403" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Less: Unvested participating restricted stock dividends</p> </td> <td id="new_id-2404" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2405" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2406" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>41 </b></td> <td id="new_id-2407" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2408" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2409" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2410" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">30</td> <td id="new_id-2411" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 27pt;">Net earnings allocated to unvested participating restricted stock</p> </td> <td id="new_id-2412" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2413" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2414" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>- </b></td> <td id="new_id-2415" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2416" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2417" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2418" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">18</td> <td id="new_id-2419" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">(Loss) / Earnings available for common shareholders</p> </td> <td id="new_id-2420" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2421" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2422" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(4,132</b></td> <td id="new_id-2423" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2424" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2425" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2426" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,402</td> <td id="new_id-2427" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2428" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2429" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2430" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2431" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2432" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2433" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2434" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2435" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Weighted average shares outstanding for basic earnings per share</p> </td> <td id="new_id-2436" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2437" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2438" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>10,496 </b></td> <td id="new_id-2439" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2440" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2441" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2442" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">10,976</td> <td id="new_id-2443" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Dilutive effect of unvested restricted stock, RSU and PSU awards</p> </td> <td id="new_id-2444" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2445" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2446" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>- </b></td> <td id="new_id-2447" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2448" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2449" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2450" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">101</td> <td id="new_id-2451" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Weighted average shares outstanding for diluted earnings per share</p> </td> <td id="new_id-2452" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2453" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2454" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>10,496 </b></td> <td id="new_id-2455" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2456" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2457" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2458" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">11,077</td> <td id="new_id-2459" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2460" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2461" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2462" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2463" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2464" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2465" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2466" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2467" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Basic (loss) / earnings per share</p> </td> <td id="new_id-2468" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2469" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2470" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(0.39</b></td> <td id="new_id-2471" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2472" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2473" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2474" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.13</td> <td id="new_id-2475" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2476" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2477" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2478" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2479" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2480" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2481" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2482" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2483" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Diluted (loss) / earnings per share</p> </td> <td id="new_id-2484" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2485" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2486" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(0.39</b></td> <td id="new_id-2487" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2488" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2489" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2490" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.13</td> <td id="new_id-2491" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Due to net loss in fiscal 2025 first quarter, approximately 203,000 shares would have been antidilutive and are therefore excluded from the calculation of earnings per share.</p> We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs and PSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2329" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2330" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-2331" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2332" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2333" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">January 28,</p> </td> <td id="new_id-2334" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2335" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2336" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-2337" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2338" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2339" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-2340" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2341" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2342" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2343" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2344" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2345" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2346" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2347" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2348" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Restricted shares</p> </td> <td id="new_id-2349" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2350" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2351" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>171 </b></td> <td id="new_id-2352" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2353" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2354" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2355" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">182</td> <td id="new_id-2356" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">RSUs and PSUs</p> </td> <td id="new_id-2357" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2358" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2359" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>130 </b></td> <td id="new_id-2360" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2361" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2362" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2363" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">140</td> <td id="new_id-2364" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2365" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2366" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2367" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>301 </b></td> <td id="new_id-2368" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2369" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2370" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2371" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">322</td> <td id="new_id-2372" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 171000 182000 130000 140000 301000 322000 The following table sets forth the computation of basic and diluted earnings per share:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2373" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="6" id="new_id-2374" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-2375" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2376" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2377" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-2378" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2379" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2380" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">April 30,</p> </td> <td id="new_id-2381" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2382" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2383" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-2384" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2385" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2386" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">2023</p> </td> <td id="new_id-2387" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2388" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2389" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2390" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2391" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2392" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2393" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2394" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2395" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 62%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Net (loss) / income</p> </td> <td id="new_id-2396" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2397" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2398" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(4,091</b></td> <td id="new_id-2399" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2400" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2401" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2402" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,450</td> <td id="new_id-2403" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Less: Unvested participating restricted stock dividends</p> </td> <td id="new_id-2404" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2405" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2406" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>41 </b></td> <td id="new_id-2407" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2408" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2409" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2410" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">30</td> <td id="new_id-2411" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 27pt;">Net earnings allocated to unvested participating restricted stock</p> </td> <td id="new_id-2412" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2413" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2414" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>- </b></td> <td id="new_id-2415" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2416" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2417" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2418" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">18</td> <td id="new_id-2419" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">(Loss) / Earnings available for common shareholders</p> </td> <td id="new_id-2420" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2421" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2422" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(4,132</b></td> <td id="new_id-2423" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2424" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2425" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2426" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,402</td> <td id="new_id-2427" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2428" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2429" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2430" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2431" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2432" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2433" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2434" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2435" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Weighted average shares outstanding for basic earnings per share</p> </td> <td id="new_id-2436" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2437" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2438" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>10,496 </b></td> <td id="new_id-2439" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2440" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2441" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2442" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">10,976</td> <td id="new_id-2443" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Dilutive effect of unvested restricted stock, RSU and PSU awards</p> </td> <td id="new_id-2444" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2445" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2446" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>- </b></td> <td id="new_id-2447" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2448" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2449" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2450" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">101</td> <td id="new_id-2451" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Weighted average shares outstanding for diluted earnings per share</p> </td> <td id="new_id-2452" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2453" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-2454" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>10,496 </b></td> <td id="new_id-2455" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2456" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2457" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2458" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">11,077</td> <td id="new_id-2459" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2460" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2461" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2462" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2463" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2464" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2465" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2466" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2467" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Basic (loss) / earnings per share</p> </td> <td id="new_id-2468" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2469" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2470" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(0.39</b></td> <td id="new_id-2471" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2472" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2473" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2474" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.13</td> <td id="new_id-2475" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2476" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2477" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2478" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2479" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2480" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2481" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2482" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2483" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Diluted (loss) / earnings per share</p> </td> <td id="new_id-2484" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2485" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2486" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(0.39</b></td> <td id="new_id-2487" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2488" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-2489" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2490" style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.13</td> <td id="new_id-2491" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> -4091000 1450000 41000 30000 0 18000 -4132000 1402000 10496000 10976000 0 101000 10496000 11077000 -0.39 0.13 -0.39 0.13 203000 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>12. </b>         <b>Income Taxes</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We recorded income tax benefits of $816,000 and income tax expenses of $402,000 for the fiscal 2025 and fiscal 2024 first quarters, respectively. The effective tax rates for the fiscal 2025 and 2024 first quarters were 16.6% and 21.7%, respectively.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">No material and non-routine positions have been identified as uncertain tax positions.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Tax years ending January 31, 2021 through January 28, 2024 remain subject to examination by federal and state taxing authorities.</p> -816000 402000 0.166 0.217 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>13. </b>         <b>Segment Information</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As a public entity, we are required to present disaggregated information by segment using the management approach. The objective of this approach is to allow users of our financial statements to see our business through the eyes of management based upon the way management reviews performance and makes decisions. The management approach requires segment information to be reported based on how management internally evaluates the operating performance of the company’s business units or segments. The objective of this approach is to meet the basic principles of segment reporting as outlined in ASC 280 <i>Segments </i>(“ASC 280”), which are to allow the users of our financial statements to:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">better understand our performance;</p> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">better assess our prospects for future net cash flows; and</p> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">make more informed judgments about us as a whole.</p> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We define our segments as those operations our chief operating decision maker (“CODM”) regularly reviews to analyze performance and allocate resources. We measure the results of our segments using, among other measures, each segment’s net sales, gross profit and operating income, as determined by the information regularly reviewed by the CODM.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">For financial reporting purposes, we are organized into three reportable segments and “All Other”, which includes the remainder of our businesses:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Hooker Branded</b>, consisting of the operations of our imported Hooker Casegoods and Hooker Upholstery businesses;</p> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Home Meridian</b>, is a stand-alone, mostly autonomous business that serves a different type or class of customer than do our other operating segments and at much lower margins;</p> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Domestic Upholstery, </b>which includes the domestic upholstery manufacturing operations of Bradington-Young, HF Custom (formerly Sam Moore), Shenandoah Furniture and Sunset West; and</p> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"> <tr> <td style="width:18pt;"> </td> <td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">■</p> </td> <td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>All Other</b>, consisting of H Contract, Lifestyle Brands and BOBO Intriguing Objects. None of these operating segments were individually reportable; therefore, we combined them in “All Other” in accordance with ASC 280.</p> </td> </tr> </table><p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The following table presents segment information for the periods, and as of the dates, indicated.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2492" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="14" id="new_id-2493" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-2494" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2495" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2496" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-2497" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2498" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2499" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2500" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2501" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2502" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2503" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">April 30,</p> </td> <td id="new_id-2504" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2505" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2506" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2507" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2508" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2509" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2510" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-2511" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2512" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2513" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2514" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2515" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2516" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2517" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">2023</p> </td> <td id="new_id-2518" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2519" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2520" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2521" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2522" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2523" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2524" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2525" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2526" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2527" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2528" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;"><b>% Net</b></p> </td> <td id="new_id-2529" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2530" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2531" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2532" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2533" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2534" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2535" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;">% Net</p> </td> <td id="new_id-2536" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; width: 52%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Net Sales</b></p> </td> <td id="new_id-2537" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2538" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2539" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2540" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2541" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2542" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Sales</b></p> </td> <td id="new_id-2543" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2544" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2545" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2546" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2547" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2548" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2549" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;">Sales</p> </td> <td id="new_id-2550" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2551" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2552" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2553" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>35,353 </b></td> <td id="new_id-2554" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2555" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2556" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2557" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>37.8</b></td> <td id="new_id-2558" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2559" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2560" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2561" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">43,432</td> <td id="new_id-2562" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2563" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2564" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2565" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">35.7</td> <td id="new_id-2566" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2567" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2568" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2569" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>26,424 </b></td> <td id="new_id-2570" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2571" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2572" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2573" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>28.2</b></td> <td id="new_id-2574" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2575" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2576" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2577" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">41,921</td> <td id="new_id-2578" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2579" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2580" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2581" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">34.4</td> <td id="new_id-2582" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2583" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2584" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2585" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>30,027 </b></td> <td id="new_id-2586" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2587" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2588" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2589" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>32.1</b></td> <td id="new_id-2590" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2591" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2592" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2593" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">35,104</td> <td id="new_id-2594" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2595" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2596" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2597" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">28.8</td> <td id="new_id-2598" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2599" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2600" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2601" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>1,767 </b></td> <td id="new_id-2602" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2603" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2604" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2605" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>1.9</b></td> <td id="new_id-2606" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2607" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2608" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2609" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1,358</td> <td id="new_id-2610" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2611" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2612" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2613" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.1</td> <td id="new_id-2614" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2615" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2616" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2617" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>93,571 </b></td> <td id="new_id-2618" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2619" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2620" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2621" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>100</b></td> <td id="new_id-2622" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2623" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2624" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2625" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">121,815</td> <td id="new_id-2626" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2627" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2628" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2629" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">100</td> <td id="new_id-2630" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2631" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2632" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2633" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2634" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2635" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2636" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2637" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2638" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2639" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2640" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2641" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2642" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2643" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2644" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2645" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2646" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Gross Profit</b></p> </td> <td id="new_id-2647" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2648" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2649" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2650" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2651" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2652" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2653" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2654" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2655" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2656" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2657" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2658" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2659" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2660" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2661" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2662" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2663" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2664" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2665" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>11,048 </b></td> <td id="new_id-2666" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2667" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2668" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2669" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>31.3</b></td> <td id="new_id-2670" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2671" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2672" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2673" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">13,518</td> <td id="new_id-2674" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2675" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2676" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2677" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">31.1</td> <td id="new_id-2678" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2679" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2680" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2681" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>3,301 </b></td> <td id="new_id-2682" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2683" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2684" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2685" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>12.5</b></td> <td id="new_id-2686" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2687" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2688" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2689" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">6,713</td> <td id="new_id-2690" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2691" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2692" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2693" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">16.0</td> <td id="new_id-2694" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2695" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2696" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2697" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>4,705 </b></td> <td id="new_id-2698" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2699" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2700" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2701" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>15.7</b></td> <td id="new_id-2702" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2703" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2704" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2705" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">7,023</td> <td id="new_id-2706" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2707" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2708" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2709" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">20.0</td> <td id="new_id-2710" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2711" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2712" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2713" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>167 </b></td> <td id="new_id-2714" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2715" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2716" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2717" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>9.5</b></td> <td id="new_id-2718" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2719" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2720" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2721" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">652</td> <td id="new_id-2722" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2723" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2724" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2725" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">48.0</td> <td id="new_id-2726" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2727" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2728" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2729" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>19,221 </b></td> <td id="new_id-2730" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2731" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2732" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2733" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>20.5</b></td> <td id="new_id-2734" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2735" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2736" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2737" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">27,906</td> <td id="new_id-2738" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2739" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2740" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2741" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">22.9</td> <td id="new_id-2742" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2743" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2744" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2745" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2746" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2747" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2748" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2749" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2750" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2751" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2752" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2753" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2754" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2755" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2756" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2757" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2758" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Operating (Loss) / Income</b></p> </td> <td id="new_id-2759" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2760" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2761" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2762" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2763" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2764" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2765" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2766" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2767" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2768" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2769" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2770" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2771" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2772" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2773" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2774" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2775" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2776" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2777" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>7 </b></td> <td id="new_id-2778" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2779" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2780" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2781" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>0.0</b></td> <td id="new_id-2782" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2783" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2784" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2785" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">2,718</td> <td id="new_id-2786" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2787" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2788" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2789" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">6.3</td> <td id="new_id-2790" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2791" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2792" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2793" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>(3,423</b></td> <td id="new_id-2794" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2795" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2796" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2797" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-13.0</b></td> <td id="new_id-2798" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2799" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2800" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2801" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">(2,119</td> <td id="new_id-2802" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-2803" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2804" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2805" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">-5.1</td> <td id="new_id-2806" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2807" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2808" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2809" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>(1,308</b></td> <td id="new_id-2810" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2811" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2812" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2813" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-4.4</b></td> <td id="new_id-2814" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2815" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2816" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2817" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1,328</td> <td id="new_id-2818" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2819" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2820" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2821" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">3.8</td> <td id="new_id-2822" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2823" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2824" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2825" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(446</b></td> <td id="new_id-2826" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2827" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2828" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2829" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-25.2</b></td> <td id="new_id-2830" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2831" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2832" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2833" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">48</td> <td id="new_id-2834" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2835" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2836" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2837" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">3.5</td> <td id="new_id-2838" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2839" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2840" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2841" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(5,170</b></td> <td id="new_id-2842" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2843" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2844" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2845" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-5.5</b></td> <td id="new_id-2846" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2847" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2848" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2849" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1,975</td> <td id="new_id-2850" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2851" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2852" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2853" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1.6</td> <td id="new_id-2854" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2855" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2856" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2857" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2858" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2859" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2860" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2861" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2862" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2863" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2864" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2865" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2866" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2867" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2868" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2869" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2870" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Capital Expenditures (net of disposals)</b></p> </td> <td id="new_id-2871" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2872" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2873" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2874" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2875" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2876" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2877" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2878" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2879" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2880" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2881" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2882" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2883" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2884" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2885" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2886" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2887" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2888" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2889" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>205 </b></td> <td id="new_id-2890" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2891" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2892" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2893" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2894" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2895" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2896" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2897" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">2,787</td> <td id="new_id-2898" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2899" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2900" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2901" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2902" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2903" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2904" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2905" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>235 </b></td> <td id="new_id-2906" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2907" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2908" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2909" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2910" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2911" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2912" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2913" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">227</td> <td id="new_id-2914" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2915" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2916" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2917" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2918" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2919" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2920" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2921" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>392 </b></td> <td id="new_id-2922" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2923" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2924" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2925" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2926" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2927" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2928" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2929" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">116</td> <td id="new_id-2930" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2931" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2932" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2933" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2934" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2935" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2936" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2937" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>11 </b></td> <td id="new_id-2938" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2939" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2940" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2941" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2942" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2943" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2944" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2945" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">28</td> <td id="new_id-2946" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2947" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2948" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2949" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2950" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2951" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2952" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2953" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>843 </b></td> <td id="new_id-2954" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2955" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2956" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2957" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2958" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2959" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px;"> </td> <td id="new_id-2960" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2961" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,158</td> <td id="new_id-2962" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> </td> <td id="new_id-2963" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2964" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2965" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2966" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2967" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2968" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2969" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2970" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2971" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2972" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2973" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2974" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2975" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2976" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2977" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2978" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2979" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2980" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2981" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2982" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Depreciation &amp; Amortization</b></p> </td> <td id="new_id-2983" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2984" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2985" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2986" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2987" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2988" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2989" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2990" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2991" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2992" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2993" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2994" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2995" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2996" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2997" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2998" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2999" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3000" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-3001" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>681 </b></td> <td id="new_id-3002" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3003" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3004" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3005" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3006" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3007" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3008" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-3009" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">491</td> <td id="new_id-3010" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3011" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3012" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3013" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3014" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-3015" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3016" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3017" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>625 </b></td> <td id="new_id-3018" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3019" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3020" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3021" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3022" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3023" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3024" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3025" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">687</td> <td id="new_id-3026" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3027" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3028" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3029" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3030" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-3031" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3032" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3033" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>968 </b></td> <td id="new_id-3034" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3035" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3036" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3037" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3038" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3039" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3040" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3041" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">947</td> <td id="new_id-3042" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3043" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3044" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3045" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3046" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-3047" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3048" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3049" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>9 </b></td> <td id="new_id-3050" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3051" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3052" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3053" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3054" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3055" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3056" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3057" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">22</td> <td id="new_id-3058" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3059" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3060" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3061" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3062" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-3063" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3064" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3065" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>2,283 </b></td> <td id="new_id-3066" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3067" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3068" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3069" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3070" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3071" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px;"> </td> <td id="new_id-3072" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3073" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,147</td> <td id="new_id-3074" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> </td> <td id="new_id-3075" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3076" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3077" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3078" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> </table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3079" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3080" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>As of April 28,</b></p> </td> <td id="new_id-3081" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3082" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3083" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3084" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3085" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3086" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3087" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">As of January 28,</p> </td> <td id="new_id-3088" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3089" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3090" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3091" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3092" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3093" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3094" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-3095" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3096" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3097" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>%Total</b></p> </td> <td id="new_id-3098" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3099" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3100" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-3101" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3102" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3103" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">%Total</p> </td> <td id="new_id-3104" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; width: 52%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Identifiable Assets</b></p> </td> <td id="new_id-3105" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3106" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3107" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3108" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3109" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3110" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Assets</b></p> </td> <td id="new_id-3111" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3112" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3113" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3114" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3115" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3116" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3117" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Assets</p> </td> <td id="new_id-3118" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-3119" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3120" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-3121" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>171,945 </b></td> <td id="new_id-3122" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3123" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3124" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3125" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>58.7</b></td> <td id="new_id-3126" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3127" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3128" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-3129" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">168,832</td> <td id="new_id-3130" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3131" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3132" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3133" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">56.3</td> <td id="new_id-3134" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-3135" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3136" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3137" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>57,869 </b></td> <td id="new_id-3138" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3139" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3140" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3141" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>19.8</b></td> <td id="new_id-3142" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3143" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3144" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3145" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">58,799</td> <td id="new_id-3146" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3147" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3148" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3149" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">19.6</td> <td id="new_id-3150" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-3151" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3152" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3153" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>57,126 </b></td> <td id="new_id-3154" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3155" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3156" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3157" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>19.5</b></td> <td id="new_id-3158" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3159" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3160" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3161" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">67,230</td> <td id="new_id-3162" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3163" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3164" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3165" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">22.4</td> <td id="new_id-3166" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-3167" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3168" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3169" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>5,857 </b></td> <td id="new_id-3170" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3171" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3172" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3173" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>2.0</b></td> <td id="new_id-3174" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3175" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3176" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3177" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,067</td> <td id="new_id-3178" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3179" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3180" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3181" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1.7</td> <td id="new_id-3182" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-3183" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3184" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3185" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>292,797 </b></td> <td id="new_id-3186" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3187" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3188" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3189" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>100</b></td> <td id="new_id-3190" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3191" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3192" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-3193" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">299,928</td> <td id="new_id-3194" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3195" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3196" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3197" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">100</td> <td id="new_id-3198" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Consolidated Goodwill and Intangibles</p> </td> <td id="new_id-3199" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3200" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3201" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>42,733 </b></td> <td id="new_id-3202" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3203" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3204" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3205" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3206" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3207" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3208" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3209" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">43,658</td> <td id="new_id-3210" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3211" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3212" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3213" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3214" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Total Consolidated Assets</p> </td> <td id="new_id-3215" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3216" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3217" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>335,530 </b></td> <td id="new_id-3218" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3219" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3220" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3221" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3222" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3223" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3224" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3225" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">343,586</td> <td id="new_id-3226" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3227" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3228" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3229" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3230" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> </table><p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p><p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">Sales by product type are as follows:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3231" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="14" id="new_id-3232" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Net Sales (in thousands) </b></p> </td> <td id="new_id-3233" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3234" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="14" id="new_id-3235" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-3236" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3237" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3238" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-3239" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3240" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3241" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>%Total</b></p> </td> <td id="new_id-3242" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3243" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3244" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">April 30, 2023</p> </td> <td id="new_id-3245" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3246" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3247" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">%Total</p> </td> <td id="new_id-3248" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 52%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Casegoods</p> </td> <td id="new_id-3249" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3250" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-3251" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>53,109</b></td> <td id="new_id-3252" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3253" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3254" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-3255" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>57</b></td> <td id="new_id-3256" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3257" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3258" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-3259" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;">67,975</td> <td id="new_id-3260" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3261" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3262" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3263" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">56</td> <td id="new_id-3264" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Upholstery</p> </td> <td id="new_id-3265" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3266" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3267" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);"><b>40,462</b></td> <td id="new_id-3268" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3269" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3270" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-3271" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>43</b></td> <td id="new_id-3272" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3273" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3274" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3275" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);">53,840</td> <td id="new_id-3276" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3277" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3278" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3279" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">44</td> <td id="new_id-3280" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3281" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3282" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3283" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0); text-align: right;"><b>93,571</b></td> <td id="new_id-3284" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3285" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3286" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-3287" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>100</b></td> <td id="new_id-3288" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3289" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3290" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3291" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0); text-align: right;">121,815</td> <td id="new_id-3292" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3293" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3294" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3295" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">100</td> <td id="new_id-3296" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> </table> 3 The following table presents segment information for the periods, and as of the dates, indicated.<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2492" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="14" id="new_id-2493" rowspan="1" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-2494" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2495" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2496" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28,</b></p> </td> <td id="new_id-2497" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2498" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2499" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2500" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2501" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2502" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2503" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">April 30,</p> </td> <td id="new_id-2504" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2505" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2506" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2507" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2508" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2509" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2510" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-2511" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2512" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2513" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2514" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2515" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2516" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2517" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">2023</p> </td> <td id="new_id-2518" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2519" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2520" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2521" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2522" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2523" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2524" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2525" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2526" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2527" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2528" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;"><b>% Net</b></p> </td> <td id="new_id-2529" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2530" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2531" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2532" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2533" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2534" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2535" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;">% Net</p> </td> <td id="new_id-2536" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; width: 52%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Net Sales</b></p> </td> <td id="new_id-2537" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2538" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2539" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2540" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2541" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2542" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Sales</b></p> </td> <td id="new_id-2543" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2544" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2545" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2546" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2547" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2548" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2549" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt; text-align: center;">Sales</p> </td> <td id="new_id-2550" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2551" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2552" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2553" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>35,353 </b></td> <td id="new_id-2554" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2555" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2556" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2557" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>37.8</b></td> <td id="new_id-2558" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2559" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2560" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2561" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">43,432</td> <td id="new_id-2562" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2563" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2564" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2565" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">35.7</td> <td id="new_id-2566" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2567" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2568" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2569" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>26,424 </b></td> <td id="new_id-2570" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2571" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2572" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2573" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>28.2</b></td> <td id="new_id-2574" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2575" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2576" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2577" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">41,921</td> <td id="new_id-2578" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2579" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2580" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2581" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">34.4</td> <td id="new_id-2582" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2583" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2584" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2585" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>30,027 </b></td> <td id="new_id-2586" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2587" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2588" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2589" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>32.1</b></td> <td id="new_id-2590" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2591" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2592" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2593" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">35,104</td> <td id="new_id-2594" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2595" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2596" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2597" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">28.8</td> <td id="new_id-2598" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2599" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2600" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2601" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>1,767 </b></td> <td id="new_id-2602" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2603" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2604" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2605" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>1.9</b></td> <td id="new_id-2606" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2607" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2608" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2609" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1,358</td> <td id="new_id-2610" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2611" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2612" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2613" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.1</td> <td id="new_id-2614" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2615" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2616" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2617" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>93,571 </b></td> <td id="new_id-2618" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2619" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2620" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2621" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>100</b></td> <td id="new_id-2622" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2623" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2624" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2625" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">121,815</td> <td id="new_id-2626" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2627" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2628" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2629" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">100</td> <td id="new_id-2630" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2631" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2632" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2633" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2634" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2635" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2636" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2637" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2638" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2639" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2640" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2641" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2642" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2643" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2644" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2645" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2646" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Gross Profit</b></p> </td> <td id="new_id-2647" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2648" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2649" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2650" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2651" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2652" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2653" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2654" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2655" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2656" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2657" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2658" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2659" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2660" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2661" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2662" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2663" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2664" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2665" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>11,048 </b></td> <td id="new_id-2666" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2667" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2668" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2669" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>31.3</b></td> <td id="new_id-2670" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2671" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2672" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2673" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">13,518</td> <td id="new_id-2674" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2675" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2676" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2677" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">31.1</td> <td id="new_id-2678" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2679" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2680" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2681" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>3,301 </b></td> <td id="new_id-2682" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2683" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2684" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2685" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>12.5</b></td> <td id="new_id-2686" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2687" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2688" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2689" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">6,713</td> <td id="new_id-2690" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2691" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2692" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2693" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">16.0</td> <td id="new_id-2694" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2695" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2696" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2697" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>4,705 </b></td> <td id="new_id-2698" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2699" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2700" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2701" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>15.7</b></td> <td id="new_id-2702" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2703" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2704" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2705" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">7,023</td> <td id="new_id-2706" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2707" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2708" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2709" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">20.0</td> <td id="new_id-2710" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2711" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2712" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2713" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>167 </b></td> <td id="new_id-2714" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2715" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2716" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2717" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>9.5</b></td> <td id="new_id-2718" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2719" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2720" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2721" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">652</td> <td id="new_id-2722" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2723" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2724" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2725" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">48.0</td> <td id="new_id-2726" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2727" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2728" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2729" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>19,221 </b></td> <td id="new_id-2730" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2731" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2732" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2733" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>20.5</b></td> <td id="new_id-2734" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2735" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2736" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2737" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">27,906</td> <td id="new_id-2738" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2739" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2740" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2741" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">22.9</td> <td id="new_id-2742" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2743" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2744" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2745" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2746" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2747" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2748" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2749" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2750" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2751" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2752" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2753" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2754" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2755" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2756" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2757" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2758" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Operating (Loss) / Income</b></p> </td> <td id="new_id-2759" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2760" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2761" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2762" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2763" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2764" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2765" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2766" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2767" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2768" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2769" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2770" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2771" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2772" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2773" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2774" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2775" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2776" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2777" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>7 </b></td> <td id="new_id-2778" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2779" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2780" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2781" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>0.0</b></td> <td id="new_id-2782" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2783" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2784" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2785" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">2,718</td> <td id="new_id-2786" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2787" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2788" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2789" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">6.3</td> <td id="new_id-2790" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2791" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2792" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2793" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>(3,423</b></td> <td id="new_id-2794" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2795" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2796" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2797" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-13.0</b></td> <td id="new_id-2798" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2799" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2800" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2801" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">(2,119</td> <td id="new_id-2802" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-2803" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2804" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2805" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">-5.1</td> <td id="new_id-2806" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2807" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2808" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2809" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>(1,308</b></td> <td id="new_id-2810" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>)</b></td> <td id="new_id-2811" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2812" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2813" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-4.4</b></td> <td id="new_id-2814" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2815" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2816" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2817" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1,328</td> <td id="new_id-2818" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2819" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2820" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2821" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">3.8</td> <td id="new_id-2822" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2823" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2824" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2825" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>(446</b></td> <td id="new_id-2826" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2827" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2828" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2829" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-25.2</b></td> <td id="new_id-2830" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2831" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2832" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2833" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">48</td> <td id="new_id-2834" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2835" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2836" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2837" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">3.5</td> <td id="new_id-2838" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2839" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2840" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2841" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>(5,170</b></td> <td id="new_id-2842" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"><b>)</b></td> <td id="new_id-2843" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2844" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2845" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>-5.5</b></td> <td id="new_id-2846" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-2847" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2848" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2849" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1,975</td> <td id="new_id-2850" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2851" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2852" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2853" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1.6</td> <td id="new_id-2854" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2855" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2856" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2857" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2858" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2859" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2860" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2861" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2862" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2863" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2864" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2865" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2866" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2867" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2868" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2869" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2870" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Capital Expenditures (net of disposals)</b></p> </td> <td id="new_id-2871" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2872" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2873" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2874" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2875" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2876" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2877" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2878" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2879" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2880" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2881" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2882" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2883" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2884" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2885" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2886" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2887" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2888" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-2889" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>205 </b></td> <td id="new_id-2890" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2891" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2892" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2893" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2894" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2895" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2896" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2897" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">2,787</td> <td id="new_id-2898" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2899" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2900" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2901" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2902" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-2903" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2904" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2905" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>235 </b></td> <td id="new_id-2906" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2907" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2908" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2909" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2910" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2911" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2912" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2913" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">227</td> <td id="new_id-2914" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2915" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2916" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2917" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2918" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-2919" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2920" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2921" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>392 </b></td> <td id="new_id-2922" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2923" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2924" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2925" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2926" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2927" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2928" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2929" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">116</td> <td id="new_id-2930" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2931" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2932" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2933" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2934" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-2935" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2936" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-2937" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>11 </b></td> <td id="new_id-2938" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2939" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2940" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2941" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2942" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2943" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2944" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2945" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">28</td> <td id="new_id-2946" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-2947" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2948" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2949" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2950" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-2951" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2952" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-2953" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>843 </b></td> <td id="new_id-2954" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2955" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2956" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2957" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2958" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2959" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px;"> </td> <td id="new_id-2960" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2961" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,158</td> <td id="new_id-2962" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> </td> <td id="new_id-2963" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2964" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2965" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2966" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2967" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2968" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2969" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2970" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2971" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2972" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2973" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2974" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2975" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2976" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2977" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2978" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2979" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2980" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2981" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2982" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Depreciation &amp; Amortization</b></p> </td> <td id="new_id-2983" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2984" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2985" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2986" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2987" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2988" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2989" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2990" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2991" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2992" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2993" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2994" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2995" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-2996" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2997" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-2998" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-2999" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3000" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-3001" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>681 </b></td> <td id="new_id-3002" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3003" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3004" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3005" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3006" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3007" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3008" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-3009" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">491</td> <td id="new_id-3010" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3011" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3012" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3013" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3014" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-3015" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3016" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3017" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>625 </b></td> <td id="new_id-3018" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3019" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3020" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3021" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3022" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3023" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3024" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3025" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">687</td> <td id="new_id-3026" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3027" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3028" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3029" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3030" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-3031" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3032" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3033" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>968 </b></td> <td id="new_id-3034" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3035" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3036" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3037" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3038" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3039" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3040" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3041" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">947</td> <td id="new_id-3042" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3043" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3044" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3045" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3046" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-3047" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3048" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3049" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>9 </b></td> <td id="new_id-3050" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3051" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3052" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3053" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3054" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3055" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3056" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3057" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">22</td> <td id="new_id-3058" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3059" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3060" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3061" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3062" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-3063" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3064" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3065" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>2,283 </b></td> <td id="new_id-3066" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3067" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3068" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3069" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3070" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3071" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px;"> </td> <td id="new_id-3072" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3073" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,147</td> <td id="new_id-3074" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> </td> <td id="new_id-3075" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3076" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3077" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3078" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> </table> 35353000 0.378 43432000 0.357 26424000 0.282 41921000 0.344 30027000 0.321 35104000 0.288 1767000 0.019 1358000 0.011 93571000 1 121815000 1 11048000 0.313 13518000 0.311 3301000 0.125 6713000 0.16 4705000 0.157 7023000 0.20 167000 0.095 652000 0.48 19221000 0.205 27906000 0.229 7000 0 2718000 0.063 -3423000 -0.13 -2119000 -0.051 -1308000 -0.044 1328000 0.038 -446000 -0.252 48000 0.035 -5170000 -0.055 1975000 0.016 205000 2787000 235000 227000 392000 116000 11000 28000 843000 3158000 681000 491000 625000 687000 968000 947000 9000 22000 2283000 2147000 <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3079" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3080" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>As of April 28,</b></p> </td> <td id="new_id-3081" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3082" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3083" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3084" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3085" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3086" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3087" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">As of January 28,</p> </td> <td id="new_id-3088" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3089" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3090" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3091" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3092" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3093" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3094" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>2024</b></p> </td> <td id="new_id-3095" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3096" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3097" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>%Total</b></p> </td> <td id="new_id-3098" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3099" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3100" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">2024</p> </td> <td id="new_id-3101" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3102" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td colspan="2" id="new_id-3103" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">%Total</p> </td> <td id="new_id-3104" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; width: 52%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;"><b>Identifiable Assets</b></p> </td> <td id="new_id-3105" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3106" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3107" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3108" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3109" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3110" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Assets</b></p> </td> <td id="new_id-3111" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3112" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3113" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3114" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3115" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3116" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3117" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt;">Assets</p> </td> <td id="new_id-3118" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Hooker Branded</p> </td> <td id="new_id-3119" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3120" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-3121" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>171,945 </b></td> <td id="new_id-3122" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3123" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3124" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3125" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>58.7</b></td> <td id="new_id-3126" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3127" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3128" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-3129" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">168,832</td> <td id="new_id-3130" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3131" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3132" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3133" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">56.3</td> <td id="new_id-3134" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Home Meridian</p> </td> <td id="new_id-3135" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3136" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3137" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>57,869 </b></td> <td id="new_id-3138" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3139" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3140" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3141" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>19.8</b></td> <td id="new_id-3142" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3143" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3144" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3145" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">58,799</td> <td id="new_id-3146" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3147" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3148" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3149" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">19.6</td> <td id="new_id-3150" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Domestic Upholstery</p> </td> <td id="new_id-3151" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3152" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3153" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>57,126 </b></td> <td id="new_id-3154" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3155" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3156" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3157" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>19.5</b></td> <td id="new_id-3158" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3159" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3160" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3161" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">67,230</td> <td id="new_id-3162" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3163" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3164" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3165" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">22.4</td> <td id="new_id-3166" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">All Other</p> </td> <td id="new_id-3167" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3168" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3169" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>5,857 </b></td> <td id="new_id-3170" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3171" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3172" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3173" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>2.0</b></td> <td id="new_id-3174" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3175" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3176" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3177" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,067</td> <td id="new_id-3178" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3179" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3180" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3181" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">1.7</td> <td id="new_id-3182" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Consolidated</p> </td> <td id="new_id-3183" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3184" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3185" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>292,797 </b></td> <td id="new_id-3186" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3187" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3188" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"><b> </b></td> <td id="new_id-3189" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"><b>100</b></td> <td id="new_id-3190" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3191" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3192" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-3193" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">299,928</td> <td id="new_id-3194" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3195" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3196" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3197" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;">100</td> <td id="new_id-3198" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt 0pt 0pt 9pt;">Consolidated Goodwill and Intangibles</p> </td> <td id="new_id-3199" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3200" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3201" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><b>42,733 </b></td> <td id="new_id-3202" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3203" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3204" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3205" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3206" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3207" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-3208" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3209" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">43,658</td> <td id="new_id-3210" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3211" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3212" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3213" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3214" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; font-variant: normal; margin: 0pt;">Total Consolidated Assets</p> </td> <td id="new_id-3215" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3216" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3217" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>335,530 </b></td> <td id="new_id-3218" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3219" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3220" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3221" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3222" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3223" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3224" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3225" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">343,586</td> <td id="new_id-3226" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3227" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3228" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3229" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> <td id="new_id-3230" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 9pt;"> </td> </tr> </table><p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> 171945000 0.587 168832000 0.563 57869000 0.198 58799000 0.196 57126000 0.195 67230000 0.224 5857000 0.02 5067000 0.017 292797000 1 299928000 1 42733000 43658000 335530000 343586000 Sales by product type are as follows:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3231" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="14" id="new_id-3232" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid black;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Net Sales (in thousands) </b></p> </td> <td id="new_id-3233" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3234" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="14" id="new_id-3235" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Thirteen Weeks Ended</b></p> </td> <td id="new_id-3236" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3237" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3238" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>April 28, 2024</b></p> </td> <td id="new_id-3239" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3240" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3241" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>%Total</b></p> </td> <td id="new_id-3242" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3243" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3244" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">April 30, 2023</p> </td> <td id="new_id-3245" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3246" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td colspan="2" id="new_id-3247" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">%Total</p> </td> <td id="new_id-3248" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; width: 52%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Casegoods</p> </td> <td id="new_id-3249" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3250" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><b>$</b></td> <td id="new_id-3251" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>53,109</b></td> <td id="new_id-3252" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3253" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3254" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-3255" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>57</b></td> <td id="new_id-3256" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3257" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3258" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-3259" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;">67,975</td> <td id="new_id-3260" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3261" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3262" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3263" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">56</td> <td id="new_id-3264" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">Upholstery</p> </td> <td id="new_id-3265" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3266" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><b> </b></td> <td id="new_id-3267" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);"><b>40,462</b></td> <td id="new_id-3268" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3269" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3270" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-3271" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>43</b></td> <td id="new_id-3272" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3273" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-3274" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-3275" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);">53,840</td> <td id="new_id-3276" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> </td> <td id="new_id-3277" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3278" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3279" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">44</td> <td id="new_id-3280" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> <tr style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3281" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3282" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><b>$</b></td> <td id="new_id-3283" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0); text-align: right;"><b>93,571</b></td> <td id="new_id-3284" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3285" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3286" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b> </b></td> <td id="new_id-3287" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right;"><b>100</b></td> <td id="new_id-3288" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"><b>%</b></td> <td id="new_id-3289" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3290" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3291" style="width: 9%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0); text-align: right;">121,815</td> <td id="new_id-3292" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3293" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3294" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td id="new_id-3295" style="width: 9%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">100</td> <td id="new_id-3296" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">%</td> </tr> </table> 53109000 0.57 67975000 0.56 40462000 0.43 53840000 0.44 93571000 1 121815000 1 <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>14. Subsequent Events</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><span style="text-decoration:underline">Dividends</span></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">On June 4, 2024, our board of directors declared a quarterly cash dividend of $0.23 per share which will be paid on June 28, 2024 to shareholders of record at June 14, 2024.</p> 2024-06-04 0.23 2024-06-28 2024-06-14 false false false false false --01-31 Q1 2025 false 0001077688 The amounts are net of impairment charges of $16.4 million related to Shenandoah goodwill and $4.8 million related to certain Home Meridian segment trade names, which were recorded in fiscal 2021.