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Selected Quarterly Data (Unaudited)
 12 Months Ended
Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data (Unaudited)

J. SELECTED QUARTERLY DATA (UNAUDITED)

(Certain columns may not foot due to rounding.)

 

 

 

FIRST

QUARTER

 

 

SECOND

QUARTER

 

 

THIRD

QUARTER

 

 

FOURTH

QUARTER

 

 

FULL

YEAR

 

 

 

(In Thousands, Except Per Share Data)

 

FISCAL YEAR 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

107,629

 

 

$

121,125

 

 

$

103,700

 

 

$

135,522

 

 

$

467,976

 

Gross profit

 

 

48,688

 

 

 

55,817

 

 

 

44,813

 

 

 

61,039

 

 

 

210,357

 

Operating income (loss)

 

 

(5,234

)

 

 

(2,872

)

 

 

(4,835

)

 

 

(5,100

)

 

 

(18,041

)

Loss before taxes

 

 

(6,036

)

 

 

(3,696

)

 

 

(5,706

)

 

 

(5,960

)

 

 

(21,398

)

Income tax provision (benefit)

 

 

29

 

 

 

35

 

 

 

—

 

 

 

(2,636

)

 

 

(2,572

)

Net loss

 

$

(6,065

)

 

$

(3,731

)

 

$

(5,706

)

 

$

(3,324

)

 

$

(18,826

)

Loss per share – basic and diluted

 

$

(0.12

)

 

$

(0.08

)

 

$

(0.12

)

 

$

(0.07

)

 

$

(0.39

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FISCAL YEAR 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

107,891

 

 

$

117,875

 

 

$

101,871

 

 

$

122,646

 

 

$

450,283

 

Gross profit

 

 

49,766

 

 

 

54,843

 

 

 

45,238

 

 

 

55,034

 

 

 

204,881

 

Operating income (loss)

 

 

1,055

 

 

 

1,017

 

 

 

(3,639

)

 

 

2,544

 

 

 

977

 

Income (loss) before taxes

 

 

271

 

 

 

234

 

 

 

(4,418

)

 

 

1,823

 

 

 

(2,090

)

Income tax provision

 

 

57

 

 

 

35

 

 

 

34

 

 

 

40

 

 

 

166

 

Net income (loss)

 

$

214

 

 

$

199

 

 

$

(4,452

)

 

$

1,783

 

 

$

(2,256

)

Earnings (loss) per share – basic and diluted

 

$

0.00

 

 

$

0.00

 

 

$

(0.09

)

 

$

0.04

 

 

$

(0.05

)

 

The Company’s fiscal quarters are based on a retail cycle of 13 weeks. Fiscal 2017 was a 53-week year, therefore, the fourth quarter of fiscal 2017 was a 14-week period.  Historically, and consistent with the retail industry, the Company has experienced seasonal fluctuations as it relates to its operating income and net income. Traditionally, a significant portion of the Company’s operating income and net income is generated in the fourth quarter, as a result of the holiday selling season.