|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
|
|
|
April 30,
2017
|
|
May 1,
2016
|
|
% Increase
(Decrease)
|
|
NET SALES
|
$
|
23,887
|
|
|
$
|
22,762
|
|
|
4.9
|
%
|
|
Cost of Sales
|
15,733
|
|
|
14,971
|
|
|
5.1
|
|
|
GROSS PROFIT
|
8,154
|
|
|
7,791
|
|
|
4.7
|
|
|
Operating Expenses:
|
|
|
|
|
|
|
Selling, General and Administrative
|
4,361
|
|
|
4,281
|
|
|
1.9
|
|
|
Depreciation and Amortization
|
444
|
|
|
433
|
|
|
2.5
|
|
|
Total Operating Expenses
|
4,805
|
|
|
4,714
|
|
|
1.9
|
|
|
OPERATING INCOME
|
3,349
|
|
|
3,077
|
|
|
8.8
|
|
|
Interest and Other (Income) Expense:
|
|
|
|
|
|
|
Interest and Investment Income
|
(13
|
)
|
|
(7
|
)
|
|
85.7
|
|
|
Interest Expense
|
254
|
|
|
244
|
|
|
4.1
|
|
|
Interest and Other, net
|
241
|
|
|
237
|
|
|
1.7
|
|
|
EARNINGS BEFORE PROVISION FOR
INCOME TAXES
|
3,108
|
|
|
2,840
|
|
|
9.4
|
|
|
Provision for Income Taxes
|
1,094
|
|
|
1,037
|
|
|
5.5
|
|
|
|
|
|
|
|
|
|
|
|
|
NET EARNINGS
|
$
|
2,014
|
|
|
$
|
1,803
|
|
|
11.7
|
%
|
|
|
|
|
|
|
|
|
|
|
|
Basic Weighted Average Common Shares
|
1,198
|
|
|
1,247
|
|
|
(3.9
|
)%
|
|
BASIC EARNINGS PER SHARE
|
$
|
1.68
|
|
|
$
|
1.45
|
|
|
15.9
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted Weighted Average Common Shares
|
1,204
|
|
|
1,252
|
|
|
(3.8
|
)%
|
|
DILUTED EARNINGS PER SHARE
|
$
|
1.67
|
|
|
$
|
1.44
|
|
|
16.0
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
|
|
SELECTED SALES DATA
(1)
|
April 30,
2017
|
|
May 1,
2016
|
|
% Increase
(Decrease)
|
|
Number of Customer Transactions
|
380.8
|
|
|
374.8
|
|
|
1.6
|
%
|
|
Average Ticket (actual)
|
$
|
62.39
|
|
|
$
|
60.03
|
|
|
3.9
|
|
|
Sales per Square Foot (actual)
|
$
|
394.17
|
|
|
$
|
376.73
|
|
|
4.6
|
|
