Note 12 - Shareholders' Equity and Employee Benefits

6 Months Ended

Aug. 02, 2014

Shareholders Equity And Employee Benefits Disclosure [Text Block] [Abstract]

Shareholders Equity And Employee Benefits Disclosure [Text Block]

12.           Shareholders’ equity and employee benefits

Condensed consolidated statement of shareholders’ equity (amounts in thousands, except shares)

	Common Stock					Treasury Stock						Accumulated Other Comprehensive Income
	Shares			Amount		Shares			Amount			Unrealized Gain (Loss)			Accumulated Translation Adjustment			Retained Earnings (Accumulated Deficit)			Total Shareholders’ Equity
Balance, February 1, 2014		39,083,961		$	485,188		(4,659,143	)	$	(88,198	)	$	149		$	502		$	(239,250	)	$	158,391
Unrealized loss on marketable securities		-			-		-			-			(92	)		-			-			(92	)
Currency translation adjustments		-			-		-			-			-			(94	)		-			(94	)
Stock-based compensation expense		-			2,873		-			-			-			-			-			2,873
Tax effect related to stock options		(12,680	)		1,242		-			-			-			-			-			1,242
Net proceeds from common stock issued under share plans		416,487			1,247		-			-			-			-			-			1,247
Net loss		-			-		-			-			-			-			(17,534	)		(17,534	)
Balance, August 2, 2014		39,487,768		$	490,550		(4,659,143	)	$	(88,198	)	$	57		$	408		$	(256,784	)	$	146,033

Endowment insurance pension plan

Related to our acquisition of our DTV business in May 2012, we added operations in Shanghai, China. It is required by the “Procedures of Shanghai Municipality on Endowment Insurance for Town Employees” to provide pension insurance for Shanghai employees. The plan is managed by the local authority and it is a mandatory plan. Under the current plan, the employee will contribute 8.0% of the annual base to the plan and the employer will match 21% of the annual base. For the three and six months ended August 2, 2014, we made matching contributions of $0.5 million and $1.0 million, respectively, and $0.4 million and $1.1 million for the three and six months ended August 3, 2013, respectively.

Retirement pension plans

We maintain retirement pension plans for the benefit of qualified employees in Denmark, Taiwan, the Netherlands, and Germany. For the three and six months ended August 2, 2014, we made matching contributions of $0.2 million and $0.5 million, respectively, and $0.2 million and $0.5 million for the three and six months ended August 3, 2013, respectively.

Severance plan

We maintain a severance plan for several Israeli employees pursuant to Israel's Severance Pay Law based on the most recent salary of the employees multiplied by the number of years of employment. Upon termination of employment, employees are entitled to one month salary for each year of employment or portion thereof. As of August 2, 2014, we have an accrued severance liability of $1.4 million offset by $1.3 million of severance employee funds.