Note 9 - Income Taxes |
3 Months Ended |
|---|---|
May 31, 2026 | |
| Notes to Financial Statements | |
| Income Tax Disclosure [Text Block] |
9. INCOME TAXES
For the 13 weeks ended May 31, 2026, the Company recorded an income tax provision of $1,268, which included a discrete income tax provision of $0. For the 13 weeks ended June 1, 2025, the Company recorded an income tax provision of $694, which included a discrete income tax provision of $(28).
The Company’s effective tax rate for the 13 weeks ended May 31, 2026 was 26.4% compared to 25.0% in the comparable prior year period. The effective tax rate for the 13 weeks ended May 31, 2026 was higher than the U.S. statutory rate of 21% primarily due to state and local taxes. The effective tax rate for the 13 weeks ended June 1, 2025 was higher than the U.S. statutory rate of 21% primarily due to state and local taxes and discrete income tax provisions for the accrual of interest related to unrecognized tax benefits. |