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ACCUMULATED OTHER COMPREHENSIVE INCOME
6 Months Ended
Jul. 28, 2012
Stockholders' Equity Note [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

NOTE 6: ACCUMULATED OTHER COMPREHENSIVE INCOME

 

Comprehensive income consists of two components, net income and other comprehensive income (loss). Other comprehensive income (loss) refers to gains and losses that under GAAP are recorded as an element of shareholders’ equity but are excluded from net income. The Company’s accumulated other comprehensive income includes the unrecognized prior service costs, transition obligations and actuarial gains/losses associated with our postretirement benefit plan.

 

The following table illustrates the activity in accumulated other comprehensive income:

 

    Thirteen Weeks Ended     Year Ended  
(in thousands)   July 28, 2012     July 30, 2011     January 28, 2012  
                   
Accumulated other comprehensive income   $ 864     $ 872     $ 872  
Amortization of postretirement benefit     -       -       (8 )
Ending balance   $ 864     $ 872     $ 864