Unaudited Quarterly Results of Operations

12 Months Ended

Feb. 02, 2013

Unaudited Quarterly Results of Operations

Unaudited Quarterly Results of Operations

(13) Unaudited Quarterly Results of Operations

	Quarter Ended
	Feb. 2			Oct. 27			Jul. 28			Apr. 28		Jan. 28			Oct. 29			Jul. 30			Apr. 30
	2013			2012			2012			2012		2012			2011			2011			2011
	(in thousands, except per share and share amounts)
Statement of Operations Data:
Net sales	$	175,656		$	148,985		$	132,318		$	197,694	$	178,356		$	143,067		$	130,233		$	189,168
Cost of sales	118,165			97,808			87,903			123,028		124,532			94,909			86,781			114,099
Gross profit	57,491			51,177			44,415			74,666		53,824			48,158			43,452			75,069
Selling, general and administrative expenses	52,678			51,132			50,932			52,669		52,206			53,059			50,688			51,072
Depreciation and amortization	5,797			5,970			6,038			6,145		6,569			6,454			6,351			5,584
Asset impairment	517			660			—			—		4,209			696			1,609			—
(Loss) income from operations	(1,501		)	(6,585		)	(12,555		)	15,852		(9,160		)	(12,051		)	(15,196		)	18,413
Interest, net	17			16			2			13		11			44			59			50
(Loss) income before income taxes	(1,484		)	(6,569		)	(12,553		)	15,865		(9,149		)	(12,007		)	(15,137		)	18,463
Income tax (benefit) expense	(780		)	(2,869		)	(4,628		)	5,761		(3,834		)	(5,246		)	(5,106		)	6,370
Net (loss) income	$	(704	)	$	(3,700	)	$	(7,925	)	$	10,104	$	(5,315	)	$	(6,761	)	$	(10,031	)	$	12,093
Net (loss) income per common share:
Basic	$	(0.05	)	$	(0.25	)	$	(0.54	)	$	0.69	$	(0.36	)	$	(0.46	)	$	(0.69	)	$	0.83
Diluted	$	(0.05	)	$	(0.25	)	$	(0.54	)	$	0.69	$	(0.36	)	$	(0.46	)	$	(0.69	)	$	0.83
Weighted average shares used to compute net (loss) income per common share:
Basic	14,698,736			14,676,817			14,673,403			14,635,509		14,605,575			14,601,544			14,595,985			14,553,884
Diluted	14,698,736			14,676,817			14,673,403			14,636,918		14,605,575			14,601,544			14,595,985			14,567,423

Net (loss) income per share is computed independently for each period presented. As a result, the total of net (loss) income per share for the four quarters may not equal the annual amount.