Note 10 - Income Taxes

9 Months Ended

Oct. 28, 2017

Notes to Financial Statements

Income Tax Disclosure [Text Block]

1 0 . Income taxes

We recorded a provision for

income taxes of

$0.3

million and

$2.2

million for the

three

months ended

October 28, 2017

and

October 29, 2016,

respectively.  The provision for income taxes was

$2.3

million and

$5.3

million for the

nine

months ended

October 28, 2017

and

October 29, 2016,

respectively. The decrease in tax expense for the

three

and

nine

months ended

October 28, 2017

is primarily attributable to lower profitability in taxable jurisdictions as compared to the same period in fiscal year

2017

and changes in tax reserves. During the

three

and

nine

months ended

October 28, 2017

and

October 29, 2016,

we were unable to reasonably project our annual effective tax rate, and therefore computed our provision for income taxes based on year-to-date actual financial results. Included in our provision for income taxes are foreign exchange gains or losses on unsettled income tax liabilities

.