CHANGE IN FISCAL YEAR-END

9 Months Ended

Oct. 27, 2012

CHANGE IN FISCAL YEAR-END

CHANGE IN FISCAL YEAR-END

NOTE 2 — CHANGE IN FISCAL YEAR-END

As referenced in Note 1, on January 6, 2012, our Board of Directors amended and restated our By-Laws to provide that our fiscal year ends at the close of business on that Saturday which falls closest to the last day of January.  Prior to this change, our fiscal year ended at the close of business on that Saturday which fell closest to the last day of February.

The table below provides unaudited financial information for the comparable thirteen and thirty-nine-week periods ended October 27, 2012 and October 29, 2011, respectively (in thousands).

	Thirteen Weeks Ended					Thirty-nine Weeks Ended
	October 27,		October 29,			October 27,			October 29,
	2012		2011			2012			2011
	(unaudited)		(unaudited)			(unaudited)			(unaudited)
Net sales	$	117,263	$	114,553		$	314,321		$	330,535
Operating income (loss)	3,616		(13,993		)	(11,949		)	(28,544		)
Income tax provision (benefit)	39		(133		)	173			(139		)
Net income (loss)	$	3,583	$	(13,749	)	$	(12,026	)	$	(28,131	)
Basic earnings (loss) per share:
Net income (loss)	$	0.10	$	(0.39	)	$	(0.34	)	$	(0.79	)
Basic shares outstanding	35,643		35,578			35,626			35,527
Diluted earnings (loss) per share:
Net income (loss)	$	0.10	$	(0.39	)	$	(0.34	)	$	(0.79	)
Diluted shares outstanding	36,030		35,578			35,626			35,527