INCOME TAXES

6 Months Ended

Apr. 28, 2013

Income Taxes [Abstract]

INCOME TAXES [Text Block]

NOTE 12 — INCOME TAXES

The reconciliation of income tax computed at the statutory tax rate to the effective income tax rate is as follows:

	Fiscal Three Months Ended						Fiscal Six Months Ended
	April 28, 2013			April 29, 2012			April 28, 2013			April 29, 2012
Statutory federal income tax rate		35.0	%		35.0	%		35.0	%		35.0	%
State income taxes		6.9	%		4.8	%		4.4	%		4.7	%
Domestic production activities deduction		(5.8	)%		––			(1.6	)%		––
Canada valuation allowance		(4.2	)%		––			(6.0	)%		––
Non-deductible expenses		1.5	%		1.9	%		2.5	%		1.9	%
Other		(1.5	)%		(0.1	)%		(1.7	)%		0.1	%
Effective tax rate		31.9	%		41.6	%		32.6	%		41.7	%

The total amount of unrecognized tax benefit at both April 28, 2013 and October 28, 2012 was $0.3 million, all of which would impact our effective tax rate, if recognized. We do not anticipate any material change in the total amount of unrecognized tax benefits to occur within the next twelve months.