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Quarterly Financial Information (Unaudited)
 12 Months Ended
Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
The following is selected unaudited quarterly financial data for the fiscal years ended February 3, 2018 and January 28, 2017. Each quarterly period listed below was a 13-week accounting period, with the exception of the fourth quarter of fiscal 2017, which was a 14-week accounting period. The sum of the four quarters for any given year may not equal annual totals due to rounding.
Summarized quarterly financial results for fiscal 2017 and fiscal 2016 follow (in thousands, except per share amounts):
 
Fiscal 2017 Quarter Ended
 
April 29,
2017
 
July 29,
2017
 
October 28,
2017
 
February 3,
2018
Net sales
$
132,841

 
$
131,683

 
$
144,979

 
$
224,614

Gross profit (1)
42,848

 
40,086

 
45,471

 
79,131

Operating (loss) income
(2,278
)
 
(5,696
)
 
(3,767
)
 
21,093

Net (loss) income
(1,435
)
 
(3,772
)
 
(2,362
)
 
12,865

(Loss) earnings per share:
 
 
 
 
 
 
 
Basic
(0.09
)
 
(0.24
)
 
(0.15
)
 
0.80

Diluted
(0.09
)
 
(0.24
)
 
(0.15
)
 
0.79

 
 
 
 
 
 
 
 
 
Fiscal 2016 Quarter Ended
 
April 30,
2016
 
July 30,
2016
 
October 29,
2016
 
January 28,
2017
Net sales
$
129,911

 
$
123,017

 
$
138,240

 
$
203,160

Gross profit (1)
45,054

 
37,563

 
45,680

 
74,195

Operating income (loss)
1,524

 
(5,895
)
 
(1,608
)
 
22,978

Net income (loss)
916

 
(3,567
)
 
(846
)
 
14,543

Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
0.06

 
(0.22
)
 
(0.05
)
 
0.91

Diluted
0.06

 
(0.22
)
 
(0.05
)
 
0.90



(1)
Beginning in the fourth quarter of 2017, supply chain and store-related depreciation expense has been reclassified from depreciation to cost of sales on the Consolidated Statements of Income. Prior year balances have also been reclassified to reflect this change. This reclassification increased cost of sales, thereby decreasing gross profit, by approximately $4.8 million, $4.9 million, $5.1 million and $5.4 million for the quarters ended April 29, 2017, July 29, 2017, October 28, 2017, and February 3, 2018, respectively. This reclassification increased cost of sales, thereby decreasing gross profit, by approximately $4.5 million, $4.7 million, $4.8 million and $5.0 million for the quarters ended April 30, 2016, July 30, 2016, October 29, 2016, and January 28, 2017, respectively. This reclassification had no impact on net sales, operating income, net income or earnings per share.