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Discontinued Operations
12 Months Ended
Jan. 30, 2016
Discontinued Operations And Disposal Groups [Abstract]  
Discontinued Operations

J. DISCONTINUED OPERATIONS

Sears Canada

In the second quarter of fiscal 2014, the Company notified Sears Canada of its intent to exit the business and began the process of an orderly wind-down. The Company ceased taking new orders and completed the run-off of operations through a final settlement with Sears during the fourth quarter of fiscal 2014. The loss for fiscal 2014 includes a charge, recorded in the second quarter of fiscal 2014, of approximately $0.8 million related primarily to inventory reserves and sales allowances as a result of our decision to exit the business.  The following are the results of operations for fiscal 2014 and fiscal 2013.  There were no results of operations for this discontinued business in fiscal 2015.  

 

For the fiscal year ended:

 

January 31, 2015

 

 

February 1, 2014

 

 

 

 

(in thousands)

Sales

 

$

(450

)

 

$

3,227

 

 

Gross margin

 

 

(998

)

 

 

1,296

 

 

Selling, general and administrative expenses

 

 

(120

)

 

 

(828

)

 

Depreciation and amortization

 

 

 

 

 

 

 

Provision (benefit) from income taxes

 

 

 

 

 

 

 

Income (loss) from discontinued operations

 

$

(1,118

)

 

$

468