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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Historical Consolidated Statements of Income

The following table sets forth our historical consolidated statements of income for each of the eight fiscal quarters through the year ended February 3, 2018. This unaudited quarterly information has been prepared on the same basis as our annual audited consolidated financial statements, consisting of only normal recurring adjustments that we consider necessary to fairly present the financial information for the fiscal quarters presented below.

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2016

 

 

Fiscal Year 2017

 

 

 

Thirteen weeks ended

 

 

Thirteen weeks ended

 

 

 

April 30,

2016

 

 

July 30,

2016

 

 

October 29,

2016

 

 

January 28,

2017

 

 

April 29,

2017

 

 

July 29,

2017

 

 

October 28,

2017

 

 

February 3,

2018

 

(in thousands, unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

147,665

 

 

$

165,035

 

 

$

159,439

 

 

$

166,917

 

 

$

166,126

 

 

$

181,372

 

 

$

161,975

 

 

$

188,672

 

Costs of goods sold

 

 

46,159

 

 

 

52,179

 

 

 

51,335

 

 

 

61,444

 

 

 

50,518

 

 

 

58,724

 

 

 

53,479

 

 

 

71,344

 

Gross profit

 

 

101,506

 

 

 

112,856

 

 

 

108,104

 

 

 

105,473

 

 

 

115,608

 

 

 

122,648

 

 

 

108,496

 

 

 

117,328

 

Selling, general and administrative expenses

 

 

87,072

 

 

 

94,173

 

 

 

92,637

 

 

 

94,643

 

 

 

97,033

 

 

 

97,011

 

 

 

95,240

 

 

 

105,609

 

Operating income

 

 

14,434

 

 

 

18,683

 

 

 

15,467

 

 

 

10,830

 

 

 

18,575

 

 

 

25,637

 

 

 

13,256

 

 

 

11,719

 

Interest expense

 

 

4,112

 

 

 

4,674

 

 

 

4,844

 

 

 

5,040

 

 

 

4,945

 

 

 

5,084

 

 

 

4,496

 

 

 

4,736

 

Income (loss) before provision (benefit) for

   income taxes

 

 

10,322

 

 

 

14,009

 

 

 

10,623

 

 

 

5,790

 

 

 

13,630

 

 

 

20,553

 

 

 

8,760

 

 

 

6,983

 

Income tax provision (benefit)

 

 

4,249

 

 

 

5,860

 

 

 

2,815

 

 

 

3,745

 

 

 

5,603

 

 

 

8,557

 

 

 

2,766

 

 

 

(22,365

)

Net income (loss)

 

$

6,073

 

 

$

8,149

 

 

$

7,808

 

 

$

2,045

 

 

$

8,027

 

 

$

11,996

 

 

$

5,994

 

 

$

29,348

 

Net income (loss) per common share attributable to common

   shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.14

 

 

$

0.19

 

 

$

0.18

 

 

$

0.05

 

 

$

0.19

 

 

$

0.29

 

 

$

0.14

 

 

$

0.70

 

Diluted

 

$

0.14

 

 

$

0.19

 

 

$

0.18

 

 

$

0.05

 

 

$

0.18

 

 

$

0.28

 

 

$

0.14

 

 

$

0.67

 

Weighted average number of

   common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

43,747,944

 

 

 

43,747,944

 

 

 

43,747,944

 

 

 

43,747,944

 

 

 

42,518,143

 

 

 

41,549,825

 

 

 

41,731,765

 

 

 

41,906,414

 

Diluted

 

 

43,747,944

 

 

 

43,747,944

 

 

 

43,747,944

 

 

 

43,747,944

 

 

 

43,680,485

 

 

 

43,554,275

 

 

 

43,554,000

 

 

 

43,499,744