XML 34 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Net sales $ 61,633,000 $ 60,266,000 $ 117,628,000 $ 112,365,000
Cost of sales, including buying and occupancy 35,250,000 32,752,000 69,048,000 62,930,000
Gross profit 26,383,000 27,514,000 48,580,000 49,435,000
Expenses:        
Store operating expenses 20,117,000 19,396,000 39,459,000 37,533,000
General and administrative expenses 4,589,000 3,959,000 9,467,000 9,003,000
Total expenses 24,706,000 23,355,000 48,926,000 46,536,000
Operating income (loss) 1,677,000 4,159,000 (346,000) 2,899,000
Other income (expense):        
Interest expense   (13,000)   (31,000)
Interest income 24,000 23,000 42,000 44,000
Total other income, net 24,000 10,000 42,000 13,000
Income (loss) before income taxes 1,701,000 4,169,000 (304,000) 2,912,000
Income tax provision (benefit) 670,000 1,370,000 (127,000) 885,000
Net income (loss) $ 1,031,000 $ 2,799,000 $ (177,000) $ 2,027,000
Basic earnings (loss) per share (in dollars per share) $ 0.08 $ 0.22 $ (0.01) $ 0.16
Diluted earnings (loss) per share (in dollars per share) $ 0.08 $ 0.22 $ (0.01) $ 0.16
Basic weighted average shares outstanding (in shares) 12,880,000 12,827,000 12,877,000 12,822,000
Diluted weighted average shares outstanding (in shares) 12,928,000 12,873,000 12,877,000 12,861,000