Segment Reporting

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting:

We operate within a single reportable segment. We use a market area approach for both financial and operational decision making. Each of these market areas are considered individual operating segments. The individual operating segments all have similar economic characteristics. The retail stores within the market areas are similar in size and carry substantially identical products selected for the same target customer. We also use the same distribution methods chain-wide. The accounting policies of our single reportable segment are described in Note 1 - Description of Business and Summary of Significant Accounting Policies.

Our chief operating decision maker (CODM) is our President and Chief Executive Officer. Segment information is prepared on the same basis that our CODM manages our operating segments and evaluates results. The measure used by our CODM to assess performance and make operating decisions is income before income taxes as reported on our consolidated statements of comprehensive income. Our CODM uses income before income taxes to evaluate performance and make key operating decisions, such as determining new store openings to expand our retail footprint. Asset information is provided to the CODM on a consolidated basis.

The following table presents significant segment expenses and other segment items regularly reviewed by our CODM:

	Year Ended December 31,
(in 000's)	2025		2024		2023
Net Sales	$	758,995	$	722,899	$	862,133
Less:
Cost of goods sold (exclusive of depreciation and amortization)	298,498		283,821		339,041
Selling, general, and administrative
Advertising and marketing	48,769		45,487		49,102
Selling	110,601		107,628		126,163
Occupancy	101,840		96,875		91,269
Warehouse, delivery, and transportation	58,377		60,810		74,442
General and administrative	119,740		108,421		114,836
Total selling, general and administrative(a)	439,327		419,221		455,812
Other segment items(b)	543		214		(77)
Interest income	5,282		6,245		5,670
Interest expense	(162)		(163)		(162)
Income before income taxes	26,833		26,153		72,711
Income tax expense	7,103		6,197		16,392
Consolidated net income	$	19,730	$	19,956	$	56,319

(a)Depreciation and amortization expense included in selling, general and administrative expense was $23.8 million, $21.6 million, and $18.6 million for December 31, 2025, 2024, and 2023, respectively.

(b)Other segment items include gains (losses) on asset disposals and miscellaneous income (expense).