Income Taxes |
3 Months Ended | |||
|---|---|---|---|---|
May 04, 2025 | ||||
| Income Tax Disclosure [Abstract] | ||||
| Income Tax Disclosure [Text Block] |
We recorded income tax benefits of $764,000 and $816,000 for the fiscal 2026 and fiscal 2025 first quarters, respectively. The effective tax rates for the fiscal 2026 and 2025 first quarters were 20.0% and 16.6%, respectively. The increase in the effective tax rate for the current fiscal quarter was primarily attributable to a non-taxable life insurance gain recognized in the prior-year period, which reduced the effective tax rate.
No material and non-routine positions have been identified as uncertain tax positions.
Tax years ending January 29, 2023 through February 2, 2025 remain subject to examination by federal and state taxing authorities. |