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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Aug. 03, 2013

Summary of Significant Accounting Policies

Property and Equipment (amounts in thousands)

	August 3, 2013			February 2, 2013
Computer Equipment	$	320		$	285
Software	41			34
Furniture and Store Fixtures	862			595
Leasehold Improvements	317			312
Less: Accumulated depreciation	(449		)	(281		)
Property and Equipment, net	$	1,091		$	945

Schedule of reconciliation of the numerator and denominator of the basic and diluted per-share computations

Earnings Per Share Computation (amounts in thousands)

	Three Months Ended				Six Months Ended
	August 3, 2013		July 28, 2012		August 3, 2013		July 28, 2012
Numerator:
Net income-numerator for net income per common share and net income per common share assuming dilution	$	1,938	$	1,608	$	3,560	$	3,679

Denominator:
Denominator for net income per common share — weighted average Shares	8,393		8,390		8,393		8,389
Effect of dilutive securities:
Stock options	12		16		11		7

Denominator for net income per common share, assuming dilution:
Adjusted weighted average shares and assumed exercises	8,405		8,406		8,404		8,396

Summary of activity for stock options

				Weighted
				Average
				Remaining
		Weighted		Contractual	Aggregate
		Average		Term	Intrinsic
	Shares	Price		(in years)	Value

Outstanding, at February 2, 2013	1,075,000	$	16.37	4.49	$	424,830
Granted	72,500	$	13.60
Exercised	1,666	10.92
Canceled/forfeited	58,335	$	13.89

Outstanding, at August 3, 2013	1,087,499	$	16.31	4.03	$	193,050

Vested and Exercisable at August 3, 2013	677,988	$	16.86	3.53	$	76,803

Non-vested and not exercisable at August 3, 2013	409,511	$	15.40	4.86	$	116,247

Summary of information about restricted stock and performance stock units activity

	Number of Shares	Weighted Average Grant-Date Fair Value
Unvested stock at February 2, 2013	7,500	$	13.27
Granted	79,500	$	5.00
Vested	—	—
Forfeited	—	—
Unvested stock at August 3, 2013	87,000	$	5.71

Schedule of Trademarks

Trademarks (amounts in thousands)

	August 3, 2013			February 2, 2013
Acquired Trademarks	$	22,192		$	21,792
Other Trademarks	15,260			15,199
Accumulated amortization	(15,678		)	(14,860		)
Total	$	21,774		$	22,131

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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