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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Nov. 02, 2013

Summary of Significant Accounting Policies

Property and Equipment (amounts in thousands)

	November 2, 2013			February 2, 2013
Computer Equipment	$	338		$	285
Software	49			34
Furniture and Store Fixtures	1,036			595
Leasehold Improvements	317			312
Less: Accumulated depreciation	(539		)	(281		)
Property and Equipment, net	$	1,201		$	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				Nine Months Ended
	November 2, 2013		October 27, 2012		November 2, 2013		October 27, 2012
Numerator:
Net income-numerator for net income per common share and net income per common share assuming dilution	$	1,563	$	2,077	$	5,123	$	5,756

Denominator:
Denominator for net income per common share — weighted average shares	8,396		8,397		8,394		8,392
Effect of dilutive securities:
Stock options	12		39		12		13

Denominator for net income per common share, assuming dilution:
Adjusted weighted average shares and assumed exercises	8,408		8,436		8,406		8,405

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	153,500		$	12.83
Exercised	(3,332	)	10.92
Canceled/forfeited	(81,668	)	$	14.65

Outstanding, at November 2, 2013	1,143,500		$	16.04	4.06	$	477,080

Vested and Exercisable at November 2, 2013	686,323		$	16.82	3.41	$	170,160

Non-vested and not exercisable at November 2, 2013	457,177		$	14.87	5.04	$	306,920

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	$	4.99
Vested	—	—
Forfeited	—	—
Unvested stock at November 2, 2013	87,000	$	5.70

Schedule of Trademarks

Trademarks (amounts in thousands)

	November 2, 2013			February 2, 2013
Acquired Trademarks	$	28,995		$	28,503
Other Trademarks	8,514			8,488
Accumulated amortization	(15,579		)	(14,860		)
Total	$	21,930		$	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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