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Selected Quarterly Data (Unaudited)
 12 Months Ended
Feb. 01, 2020
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data (Unaudited)

O. 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 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

112,973

 

 

$

123,245

 

 

$

106,581

 

 

$

131,239

 

 

$

474,038

 

Gross profit

 

 

49,413

 

 

 

54,569

 

 

 

43,805

 

 

 

56,414

 

 

 

204,201

 

Operating income (loss)

 

 

(2,238

)

 

 

881

 

 

 

(6,369

)

 

 

3,332

 

 

 

(4,394

)

Income (loss) before taxes

 

 

(3,102

)

 

 

30

 

 

 

(7,239

)

 

 

2,620

 

 

 

(7,691

)

Income tax provision (benefit)

 

 

(21

)

 

 

(8

)

 

 

(49

)

 

 

183

 

 

 

105

 

Net income (loss)

 

$

(3,081

)

 

$

38

 

 

$

(7,190

)

 

$

2,437

 

 

$

(7,796

)

Income (loss) per share – basic and diluted

 

$

(0.06

)

 

$

0.00

 

 

$

(0.14

)

 

$

0.05

 

 

$

(0.16

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FISCAL YEAR 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

113,331

 

 

$

122,206

 

 

$

107,069

 

 

$

131,150

 

 

$

473,756

 

Gross profit

 

 

50,688

 

 

 

56,525

 

 

 

47,060

 

 

 

57,016

 

 

 

211,289

 

Operating loss

 

 

(2,226

)

 

 

(222

)

 

 

(1,229

)

 

 

(6,441

)

 

 

(10,119

)

Loss before taxes

 

 

(3,112

)

 

 

(1,180

)

 

 

(2,027

)

 

 

(7,261

)

 

 

(13,581

)

Income tax provision (benefit)

 

 

(2

)

 

 

5

 

 

 

(22

)

 

 

(31

)

 

 

(50

)

Net loss

 

$

(3,110

)

 

$

(1,185

)

 

$

(2,005

)

 

$

(7,230

)

 

 

(13,531

)

Loss per share – basic and diluted

 

$

(0.06

)

 

$

(0.02

)

 

$

(0.04

)

 

$

(0.15

)

 

$

(0.28

)

 

The Company’s fiscal quarters are based on a retail cycle of 13 weeks.  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.