|
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 28, 2012
|
Apr. 30, 2011
|
|
| Condensed Consolidated Statements of Income [Abstract] | ||
| Net sales | $ 97,788 | $ 94,403 |
| Cost of sales (exclusive of depreciation as shown below) | 59,319 | 56,315 |
| Gross profit | 38,469 | 38,088 |
| Operating expenses: | ||
| Compensation and benefits | 19,296 | 18,794 |
| Other operating expenses | 12,988 | 10,887 |
| Depreciation | 3,015 | 3,241 |
| Total operating expenses | 35,299 | 32,922 |
| Operating income | 3,170 | 5,166 |
| Interest expense | 80 | 34 |
| Other (income) expense, net | (83) | 3 |
| Income before income taxes | 3,173 | 5,129 |
| Income tax expense | 1,218 | 1,959 |
| Net income | $ 1,955 | $ 3,170 |
| Earnings per share: | ||
| Basic | $ 0.11 | $ 0.16 |
| Diluted | $ 0.10 | $ 0.15 |
| Weighted average shares for basic earnings per share: | 18,269 | 19,915 |
| Effect of dilutive stock equivalents | 503 | 745 |
| Adjusted weighted average shares for diluted earnings per share | 18,772 | 20,660 |