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Note 17 - Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2014
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
17
. Selected Quarterly Financial Data (Unaudited)
 
The summarized quarterly financial data presented below reflect all adjustments, which in the opinion of management, are of a normal and recurring nature necessary to present fairly the results of operations for the periods presented.
 
Summarized unaudited quarterly financial data for each fiscal year is as follows, dollars in thousands, except per share data:
 
Fiscal Year Ended September 30, 2014
 
Three months ended
 
 
 
December 31,
2013
 
 
March 31,
2014
 
 
June 30,

2014
 
 
September
30,
2014
 
Net sales
  $ 120,580       130,343       134,036       135,715  
Cost of goods sold and occupancy costs
    85,199       91,590       95,424       96,959  
Gross profit
    35,381       38,753       38,612       38,756  
Store expenses
    25,173       26,877       28,213       28,394  
Administrative expenses
    3,889       3,548       3,585       3,801  
Pre-opening and relocation expenses
    889       1,211       729       945  
Operating income
    5,430       7,117       6,085       5,616  
Other income (expense):
                               
Dividends and interest income
    1       1              
Interest expense
    (707
)
    (704
)
    (706
)
    (379
)
Total other expense
    (706
)
    (703
)
    (706
)
    (379
)
Income before income taxes
    4,724       6,414       5,379       5,237  
Provision for income taxes
    (1,802
)
    (2,415
)
    (2,015
)
    (2,049
)
Net income
  $ 2,922       3,999       3,364       3,188  
                                 
Basic earnings per share
  $ 0.13       0.18       0.15       0.14  
Diluted earnings per share
    0.13       0.18       0.15       0.14  
 
Fiscal Year Ended September 30, 2013
 
Three months ended
 
 
 
December 31,
2012
 
 
March 31,
2013
 
 
June 30,

2013
 
 
September 30,
2013
 
Net sales
  $ 95,831       106,485       113,164       115,175  
Cost of goods sold and occupancy costs
    67,994       74,668       80,571       81,689  
Gross profit
    27,837       31,817       32,593       33,486  
Store expenses
    20,203       22,163       23,181       24,388  
Administrative expenses
    3,326       3,342       3,242       3,569  
Pre-opening and relocation expenses
    519       796       961       955  
Operating income
    3,789       5,516       5,209       4,574  
Other income (expense):
                               
Dividends and interest income
    2       2       3       2  
Interest expense
    (255
)
    (401
)
    (610
)
    (900
)
Total other expense
    (253
)
    (399
)
    (607
)
    (898
)
Income before income taxes
    3,536       5,117       4,602       3,676  
Provision for income taxes
    (1,315
)
    (1,900
)
    (1,716
)
    (1,448
)
Net income
  $ 2,221       3,217       2,886       2,228  
                                 
Basic earnings per share
  $ 0.10       0.14       0.13       0.10  
Diluted earnings per share
    0.10       0.14       0.13       0.10