Interest and Other Income

12 Months Ended

Jan. 28, 2023

Interests and Other Income [Abstract]

Interest and Other Income

2. Interest and Other Income:

The components of Interest and other income are shown below (in thousands):

Fiscal Year Ended

January 28, 2023

January 29, 2022

January 30, 2021

Dividend income

$

(47)

$

(76)

$

(5)

Interest income

(1,876)

(1,321)

(2,697)

State recovery grant

(1,431)

-

-

Insurance proceeds

(1,683)

-

-

Miscellaneous income

(896)

(580)

(627)

Net loss (gain) on investment sales

31

(164)

(3,301)

Interest and other income

$

(5,902)

$

(2,141)

$

(6,630)

In fiscal 2022, the Company received $

1.4

 million from the state of North Carolina’s Business

Recovery Program, which provides aid to eligible North Carolina businesses that suffered significant

economic damage from the COVID-19 pandemic. Additionally, in fiscal 2022, the Company received

$

1.7

 million in property insurance claims, including business interruption, from Hurricanes Ida and Laura

in 2021 and 2020. During fiscal 2020, the Company recorded a gain on the sale of land held for

investment of $

2.3

 million.