v3.22.2.2
Consolidated Statements of (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 29, 2022
Oct. 30, 2021
Net sales $ 177,847 $ 206,096 $ 491,930 $ 571,205
Cost of goods sold (includes buying, distribution, and occupancy costs) 122,346 128,612 338,870 362,751
Rent expense, related party 918 745 2,680 2,149
Total cost of goods sold (includes buying, distribution, and occupancy costs) 123,264 129,357 341,550 364,900
Gross profit 54,583 76,739 150,380 206,305
Selling, general and administrative expenses 48,134 47,609 137,405 135,607
Rent expense, related party 134 133 400 400
Total selling, general, and administrative expenses 48,268 47,742 137,805 136,007
Operating income 6,315 28,997 12,575 70,298
Other income (expense), net 675 (1) 862 (219)
Income before income taxes 6,990 28,996 13,437 70,079
Income tax expense 1,841 8,162 3,656 17,888
Net income $ 5,149 $ 20,834 $ 9,781 $ 52,191
Weighted average basic shares outstanding (in shares) 29,894 30,915 30,226 30,429
Weighted average diluted shares outstanding (in shares) 30,050 31,352 30,428 31,016
Class A and Class B common stock        
Basic earnings per share of Class A and Class B common stock (in dollars per share) $ 0.17 $ 0.67 $ 0.32 $ 1.72
Diluted earnings per share of Class A and Class B common stock (in dollars per share) $ 0.17 $ 0.66 $ 0.32 $ 1.68