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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Aug. 02, 2014
Summary of Significant Accounting Policies  
Schedule of Property and equipment

 

 

 

August 2,
2014

 

February 1,
2014

 

Computer Equipment

 

$

404

 

$

349

 

Software

 

61

 

49

 

Furniture and Store Fixtures

 

1,412

 

1,141

 

Leasehold Improvements

 

350

 

317

 

Less: Accumulated depreciation

 

(843

)

(634

)

Property and Equipment, net

 

$

1,384

 

$

1,222

 

Schedule of reconciliation of the numerator and denominator of the basic and diluted per-share computations

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

August 2, 2014

 

August 3, 2013

 

August 2, 2014

 

August 3, 2013

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income-numerator for net income per common share and net income per common share assuming dilution

 

$

2,252

 

$

1,938

 

$

5,844

 

$

3,560

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for net income per common share — weighted average Shares

 

8,414

 

8,393

 

8,405

 

8,393

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options

 

43

 

12

 

34

 

11

 

 

 

 

 

 

 

 

 

 

 

Denominator for net income per common share, assuming dilution:

 

 

 

 

 

 

 

 

 

Adjusted weighted average shares and assumed exercises

 

8,457

 

8,405

 

8,439

 

8,404

 

Summary of activity for stock options

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

Weighted

 

Contractual

 

Aggregate

 

 

 

 

 

Average

 

Term

 

Intrinsic

 

 

 

Shares

 

Price

 

(in years)

 

Value

 

 

 

 

 

 

 

 

 

 

 

Outstanding, at February 1, 2014

 

1,156,834

 

$

16.02

 

3.85

 

$

151,596

 

Granted

 

188,000

 

$

13.82

 

 

 

 

 

Exercised

 

(26,666

)

11.99

 

 

 

 

 

Canceled/forfeited

 

(19,334

)

$

12.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, at August 2, 2014

 

1,298,834

 

$

15.84

 

3.81

 

$

2,269,949

 

 

 

 

 

 

 

 

 

 

 

Vested and Exercisable at August 2, 2014

 

812,496

 

$

16.70

 

2.87

 

$

904,675

 

Summary of information about restricted stock and performance stock units activity

 

 

 

Number of
Shares

 

Weighted
Average
Grant-Date
Fair Value

 

Unvested stock at February 1, 2014

 

87,000

 

$

5.70

 

Granted

 

 

$

 

Vested

 

 

 

Forfeited

 

(12,000

)

3.80

 

Unvested stock at August 2, 2014

 

75,000

 

$

6.01

 

Schedule of Trademarks

 

 

 

August 2, 2014

 

February 1, 2014

 

Acquired Trademarks

 

$

47,994

 

$

47,994

 

Other Trademarks

 

8,596

 

8,551

 

Accumulated amortization

 

(16,327

)

(15,862

)

Total

 

$

40,263

 

$

40,683