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Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Oct. 28, 2018	Nov. 30, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Hooker Furniture Corp
Document Type	10-Q
Current Fiscal Year End Date	--01-31
Entity Common Stock, Shares Outstanding		11,785,147
Amendment Flag	false
Entity Central Index Key	0001077688
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Document Period End Date	Oct. 28, 2018
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Ex Transition Period	false

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 28, 2018	Jan. 28, 2018
Current assets
Cash and cash equivalents	$ 29,449	$ 30,915
Trade accounts receivable, net	86,978	92,461
Inventories	100,743	84,459
Prepaid expenses and other current assets	6,667	5,314
Insurance proceeds receivable	4,000	0
Total current assets	227,837	213,149
Property, plant and equipment, net	28,105	29,249
Cash surrender value of life insurance policies	23,499	23,622
Deferred taxes	2,979	3,264
Intangible assets, net	36,351	38,139
Goodwill	40,058	40,058
Other assets	1,453	2,235
Total non-current assets	132,445	136,567
Total assets	360,282	349,716
Current liabilities
Current portion of term loans	6,112	7,528
Trade accounts payable	38,355	32,685
Accrued salaries, wages and benefits	9,019	9,218
Income tax accrual	1,419	3,711
Customer deposits	3,480	3,951
Other accrued expenses	3,464	2,894
Legal contingency	4,000	0
Total current liabilities	65,849	59,987
Long term debt	31,574	45,778
Deferred compensation	11,433	11,164
Pension plan	0	2,441
Other long-term liabilities	1,002	886
Total long-term liabilities	44,009	60,269
Total liabilities	109,858	120,256
Shareholders’ equity
Common stock, no par value, 20,000 shares authorized, 11,785 and 11,762 shares issued and outstanding on each date	49,390	48,970
Retained earnings	200,457	180,122
Accumulated other comprehensive income	577	368
Total shareholders’ equity	250,424	229,460
Total liabilities and shareholders’ equity	$ 360,282	$ 349,716

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - shares shares in Thousands	Oct. 28, 2018	Jan. 28, 2018
Common stock, shares authorized	20,000	20,000
Common stock, shares issued	11,785	11,762
Common stock, shares outstanding	11,785	11,762

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017
Net sales	$ 171,474	$ 157,934	$ 483,026	$ 445,114
Cost of sales	135,638	123,656	379,579	349,576
Gross profit	35,836	34,278	103,447	95,538
Selling and administrative expenses	22,979	22,318	68,150	63,746
Intangible asset amortization	596	624	1,788	1,291
Operating income	12,261	11,336	33,509	30,501
Other income, net	200	199	275	659
Interest expense, net	354	327	1,099	860
Income before income taxes	12,107	11,208	32,685	30,300
Income tax expense	2,775	4,006	7,504	10,574
Net income	$ 9,332	$ 7,202	$ 25,181	$ 19,726
Earnings per share
Basic (in Dollars per share)	$ 0.79	$ 0.62	$ 2.14	$ 1.70
Diluted (in Dollars per share)	$ 0.79	$ 0.61	$ 2.13	$ 1.69
Weighted average shares outstanding:
Basic (in Shares)	11,763	11,679	11,758	11,596
Diluted (in Shares)	11,778	11,700	11,778	11,626
Cash dividends declared per share (in Dollars per share)	$ 0.14	$ 0.12	$ 0.42	$ 0.36
Cost of Sales [Member]
Cost of sales	$ 135,638	$ 123,656	$ 379,079	$ 349,576
Casualty Loss [Member]
Cost of sales	$ 0	$ 0	$ 500	$ 0

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)	3 Months Ended		9 Months Ended
	Oct. 28, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017
Net Income	$ 9,332,000	$ 7,202,000	$ 25,181,000	$ 19,726,000
Amortization of actuarial loss	43,000	15,000	129,000	46,000
Income tax effect on amortization	(10,000)	(5,000)	(31,000)	(17,000)
Adjustments to net periodic benefit cost	33,000	10,000	98,000	29,000
Reclassification of tax effects due to the adoption of ASU 2018-02 (see Note 2)	0	0	111,000	0
Total Comprehensive Income	$ 9,365,000	$ 7,212,000	$ 25,390,000	$ 19,755,000

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Oct. 28, 2018	Oct. 29, 2017
Operating Activities:
Net income	$ 25,181	$ 19,726
Adjustments to reconcile net in provided by operating activities:
Depreciation and amortization	5,558	4,399
Gain on disposal of assets	(66)	(37)
Deferred income tax expense	254	1,735
Noncash restricted stock and performance awards	919	1,175
(Benefit from)/provision for doubtful accounts and sales allowances	(1,692)	125
Gain on life insurance policies	(608)	(453)
Changes in assets and liabilities:
Trade accounts receivable	8,147	16,179
Income tax recoverable	0	(954)
Inventories	(16,862)	(5,867)
Prepaid expenses, other current assets and insurance proceeds receivable	(484)	(836)
Trade accounts payable and legal contingency	5,566	(3,529)
Accrued salaries, wages, and benefits	(484)	(539)
Accrued income taxes	(2,412)	(4,323)
Customer deposits	(470)	(1,314)
Other accrued expenses	503	(254)
Deferred compensation	(2,253)	(435)
Other long-term liabilities	122	267
Net cash provided by operating activities	20,919	25,065
Investing Activities:
Acquisitions	0	(32,650)
Purchases of property and equipment	(2,464)	(2,708)
Proceeds received on notes from sale of assets	99	98
Proceeds received on life insurance policies	1,225	0
Premiums paid on life insurance policies	(620)	(639)
Net cash used in investing activities	(1,760)	(35,899)
Financing Activities:
Proceeds from long-term debt	0	12,000
Payments for long-term debt	(15,679)	(4,393)
Debt issuance cost	0	(39)
Cash dividends paid	(4,946)	(4,169)
Net cash (used in)/provided by financing activities	(20,625)	3,399
Net decrease in cash and cash equivalents	(1,466)	(7,435)
Cash and cash equivalents - beginning of year	30,915	39,792
Cash and cash equivalents - end of quarter	29,449	32,357
Supplemental disclosure of cash flow information:
Cash paid for income taxes	9,661	14,103
Cash paid for interest, net	973	754
Non-cash transactions:
Acquisition cost paid in common stock	0	8,396
Increase in property and equipment through accrued purchases	$ 104	$ 26

1. Preparation of Interim Financial Statements

9 Months Ended

Oct. 28, 2018

Disclosure Text Block [Abstract]

Business Description and Basis of Presentation [Text Block]

1. Preparation of Interim Financial Statements

The condensed consolidated financial statements of Hooker Furniture Corporation and subsidiaries (referred to as “we,” “us,” “our,” “Hooker” or the “Company”) have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, these statements include all adjustments necessary for a fair statement of the results of all interim periods reported herein. All such adjustments are of a normal recurring nature, except as indicated in Note 2, below. Certain information and footnote disclosures prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) are condensed or omitted pursuant to SEC rules and regulations. However, we believe that the disclosures made are adequate for a fair presentation of our results of operations and financial position. These financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in our annual report on Form 10-K for the fiscal year ended January 28, 2018 (“2018 Annual Report”). The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect both the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from our estimates. Operating results for the interim periods reported herein may not be indicative of the results expected for the fiscal year.

On September 29, 2017, we completed the previously disclosed acquisition of substantially all the assets of Shenandoah Furniture, Inc. (the “Shenandoah acquisition”). The results of operations of Shenandoah were included in our results of operations beginning on September 29, 2017 through the end of our fiscal 2018 third quarter ended on October 29, 2017.

The financial statements contained herein are being filed as part of a quarterly report on Form 10-Q covering the thirteen-week period (also referred to as “three months,” “three-month period,” “quarter,” “third quarter” or “quarterly period”) that began July 30, 2018, and the thirty-nine week period (also referred to as “nine months,” “nine-month period” or “year-to-date period”) that began January 29, 2018, which both ended October 28, 2018. This report discusses our results of operations for this period compared to the thirteen-week period that began July 31, 2017 and the thirty-nine week period that began January 30, 2017, which both ended October 29, 2017; and our financial condition as of October 28, 2018 compared to January 28, 2018.

References in these notes to the condensed consolidated financial statements of the Company to:

■

the 2019 fiscal year and comparable terminology mean the fiscal year that began January 29, 2018 and will end February 3, 2019; and

■

the 2018 fiscal year and comparable terminology mean the fiscal year that began January 30, 2017 and ended January 28, 2018.

2. Recently Adopted Accounting Policies

9 Months Ended

Oct. 28, 2018

Accounting Changes and Error Corrections [Abstract]

Accounting Changes and Error Corrections [Text Block]

2. Recently Adopted Accounting Policies

In February 2018, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (“ASU 2018-02”). The new guidance allows the reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. ASU 2018-02 was issued in response to concerns regarding current accounting guidance that requires deferred tax assets and liabilities to be adjusted for the effect of a change in tax laws or rates with the effect included in income from continuing operations in the reporting period that includes the enactment date, even in situations in which the related income tax effects of items in accumulated other comprehensive income were originally recognized in other comprehensive income, rather than net income. Consequently, the stranded tax effects would not reflect the appropriate tax rate. The amendments of this ASU allow an entity to make a reclassification from accumulated other comprehensive income to retained earnings for the stranded tax effects, which is the difference between the historical federal corporate income tax rate of 35.0% and the newly enacted corporate income tax rate of 21.0%. We adopted ASU 2018-02 in the first quarter of fiscal 2019. The adoption resulted in the reclassification of $111,000 from accumulated other comprehensive income to retained earnings in the first quarter of fiscal 2019.

In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting (“ASU 2017-09”). ASU 2017-09 was issued to provide clarity and reduce diversity in practice, cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The amendments in this ASU provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. Essentially, an entity will not have to account for the effects of a modification if: (a) the fair value of the modified award is the same immediately before and after the modification; (b) the vesting conditions of the modified award are the same immediately before and after the modification; and (c) the classification of the modified award as either an equity instrument or liability instrument is the same immediately before and after the modification. We adopted the amendments in ASU 2017-09 as of the beginning of our 2019 fiscal year on January 29, 2018. The adoption of this guidance did not have an impact upon our financial condition or results of operations.

In March 2017, the FASB issued ASU 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (“ASU 2017-07”). Previously net benefit cost was reported as an employee cost within operating income. The amendment requires the bifurcation of net benefit cost. The service cost component will be presented with the other employee compensation costs in operating income. The other components will be reported separately outside of operations and will not be eligible for capitalization. The amendment is effective for public entities for the annual reporting period beginning after December 15, 2017. The guidance is required to be applied on a retrospective basis for the presentation of the service cost component and the other components of net benefit cost (including gains and losses on curtailments and settlements, and termination benefits paid through plans), and on a prospective basis for the capitalization of only the service cost component of net benefit cost. Amounts capitalized into assets prior to the date of adoption should not be adjusted through a cumulative effect adjustment but should continue to be recognized in the normal course, as for example, inventory is sold or fixed assets are depreciated. We adopted ASU 2017-17 as of the beginning of our 2019 fiscal year on January 29, 2018. Please see Note 11 Employee Benefit Plans for the impact on our financial statements.

In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (“ASU 2017-01”). ASU 2017-01 provides a screen to determine when an integrated set of assets and activities (collectively referred to as a “set”) does not constitute a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This screen reduces the number of transactions that need to be further evaluated. If the screen is not met, the amendments in ASU 2017-01 (a) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and (b) remove the evaluation of whether a market participant could replace missing elements. The amendments in ASU 2017-01 apply prospectively and became effective for us at the beginning of our 2019 fiscal year on January 29, 2018. The adoption of this guidance did not impact our financial statements.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 addresses how certain cash receipts and cash payments are presented and classified in the statement of cash flows. Its objective is to reduce existing diversity in practice with respect to these items. Among the types of cash flows addressed are payments for costs related to debt prepayments or extinguishments, payments representing accreted interest on discounted debt, payments of contingent consideration after a business combination, proceeds from insurance claims and company-owned life insurance and distributions from equity method investees, among others. We adopted ASU 2016-15 as of the beginning of our 2019 fiscal year on January 29, 2018. The adoption of this guidance did not have a material impact upon our financial condition or results of operations.

Revenue Recognition

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). This new standard replaced most existing revenue recognition guidance in GAAP and codified guidance under FASB Topic 606. The underlying principle of this new guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration that the entity expects to be entitled to receive in exchange for those goods or services.

We adopted ASU No. 2014-09 as of January 29, 2018 using the modified retrospective method. As a result of adopting Topic 606, we recorded an increase to retained earnings of approximately $210,000, net of tax, as of January 29, 2018, due to the cumulative effect related to the change in accounting for shipments with synthetic FOB destination shipping terms. Results for the reporting period beginning after January 29, 2018 are presented under Topic 606, while prior period amounts continue to be reported in accordance with the Company's historic accounting practices under previous guidance. However, given the nature of our products and our sales terms and conditions, with the exception of sales with synthetic FOB destination shipping terms which are immaterial, the timing and amount of revenue recognized based on the underlying principles of ASU No. 2014-09 are consistent with our revenue recognition policy under previous guidance.

In accordance with the new guidance, we recognize revenue at an amount that reflects the consideration we expect to be entitled to receive in exchange for transferring goods or services to our customers. Our policy is to record revenue when control of the goods transfers to the customer. We have a present right to payment at the time of shipment as customers are invoiced at that time. We believe the customer obtains control of goods at the time of shipment, which is typically when title passes. While the customer may not enjoy immediate physical possession of the products, the customers’ right to re-direct shipment indicates control.

Net sales are comprised of gross revenues from sales of home furnishings and hospitality furniture products less trade discounts and customer allowances. Other revenues, primarily royalties, are immaterial to our overall results. Payment is typically due within 30-60 days of shipment for customers qualifying for payment terms. Collectability is reasonably assured since we extend credit to customers for whom we have performed credit evaluations and/or from whom we have received a down payment or deposit. Due to the highly-customized nature of our hospitality products, we typically require substantial prepayments on these orders, with the balance due within 30 days of delivery.

We regularly review and revise accounts receivable for doubtful accounts and customer allowances based upon historical bad debts and customer allowances and any agreements with specific customers. If the financial condition of a customer or customers were to deteriorate, resulting in an impairment of their ability to make payments, additional bad debt allowances may be required. Orders are generally non-cancellable once loaded into a shipping trailer or container. Physical product returns are very rare due to the high probability of damages to our products in return transit.

The transaction price for each contract is the stated price of the product, reduced by any stated discounts or allowances at that point in time. We do not engage in sales of products that attach a future material right which could result in a separate performance obligation for the purchase of goods in the future at a material discount. The implicit contract with the customer, as reflected in the order acknowledgement and invoice, states the final terms of the sale, including the description, quantity, and price of each product purchased. The transaction price reflects the amount of estimated consideration to which we expect to be entitled. This amount of variable consideration included in the transaction price, and measurement of net sales, is included in net sales only to the extent that it is probable that there will be no significant reversal in a future period.

In the very limited instances when products are sold under consignment arrangements, we do not recognize revenue until control over such products has transferred to the end consumer.

We record contract liabilities when we receive partial or full payment prior to fulfilling a performance obligation. Contract liabilities related to revenues are recorded in “Customer Deposits” on the accompanying condensed consolidated balance sheets. We had contract liabilities of $3.5 million as of October 28, 2018.

As part of our adoption of Topic 606, we elected the following practical expedients and policy elections:

■

Sales taxes collected are presented on a net basis, consistent with our policy prior to the adoption of Topic 606. Therefore, this will not affect our financial statements or results of operations;

■

Incremental costs of obtaining a contract, namely sales and designer commissions, are recorded as an expense when incurred in selling, general and administrative expenses, since contracts are on an order to order basis and are therefore short-term in nature. This accounting treatment is consistent with our policy prior to the adoption of Topic 606. Therefore, this will not affect our financial statements or results of operations; and

■

Shipping and handling activities are accounted for as fulfillment activities whether they occur before or after the customer obtains control of the goods. This practice is consistent with our policy prior to the adoption of Topic 606. Therefore, this practice will not affect our financial statements or results of operations.

3. Casualty Loss	9 Months Ended
3. Casualty Loss	Oct. 28, 2018
Casualty Loss [Abstract]
Casualty Loss [Text Block]	3. Casualty Loss On May 18, 2018, the Martinsville/Henry County, Va. area experienced torrential rains. Two of our Hooker Branded segment warehouse facilities were damaged as a result. The casualty loss caused only a nominal disruption in our ability to fulfill and ship orders. The costs associated with the recovery efforts exceeded our insurance deductible of $500,000. Consequently, we recorded a $500,000 casualty loss during the fiscal 2019 second quarter. We incurred another $409,000 of repair and remediation-related expenses during the third quarter, which we received from our casualty insurer in early December 2018.

4. Accounts Receivable

9 Months Ended

Oct. 28, 2018

Receivables [Abstract]

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

4. Accounts Receivable

	October 28,			January 28,
	2018			2018

Trade accounts receivable	$	91,356		$	98,592
Other accounts receivable allowances		(3,472	)		(5,117	)
Allowance for doubtful accounts		(906	)		(1,014	)
Accounts receivable	$	86,978		$	92,461

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

5. Commitments and Contingencies	9 Months Ended
5. Commitments and Contingencies	Oct. 28, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	5. Commitments and Contingencies We are a party to legal proceedings and claims which arise during the ordinary course of business. We review our legal proceedings and claims and other legal matters on an ongoing basis and follow appropriate accounting guidance when making accrual and disclosure decisions. We establish accruals for those contingencies when the incurrence of a loss is probable and can be reasonably estimated, and we disclose the amount accrued and the amount of a reasonably possible loss in excess of the amount accrued, if such disclosure is necessary for our condensed financial statements to not be misleading. We do not record an accrual when the likelihood of loss being incurred is probable, but the amount cannot be reasonably estimated, or when the loss is believed to be only reasonably possible or remote, although we will make disclosures for material matters as required by ASC 450-20, Contingencies - Loss Contingencies. Our assessment of whether a loss is reasonably possible or probable is based on our assessment and consultation with legal counsel regarding the ultimate outcome of the matter. In the fiscal 2019 third quarter, we recorded a $4.0 million liability and related insurance proceeds receivable for a claim arising from a lawsuit in which we were named a defendant. The liability is recorded in the “Legal contingency” line of our condensed consolidated balance sheets. The insurance proceeds receivable is recorded in the “Insurance proceeds receivable” line of our condensed consolidated balance sheets. The lawsuit stemmed from an auto-accident involving a trucking firm that had delivered products to one of our distribution facilities immediately prior to the accident. During the fiscal 2019 third quarter, the Company and its insurance carriers reached a $4.0 million settlement with the plaintiff; consequently, our insurance carriers will pay the $4.0 million settlement amount to the plaintiff on our behalf. The settlement is awaiting court approval which we expect in the 2019 fourth quarter. Based on consultation with legal counsel, we believe it is probable (as defined in ASC 450-20) the lawsuit will settle for $4.0 million and obtain court approval. The settlement of this claim is not expected to adversely affect our financial position or liquidity.

6. Inventories

9 Months Ended

Oct. 28, 2018

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

6. Inventories

	October 28,			January 28,
	2018			2018
Finished furniture	$	107,695		$	92,502
Furniture in process		2,483			1,440
Materials and supplies		9,808			8,780
Inventories at FIFO		119,986			102,722
Reduction to LIFO basis		(19,243	)		(18,263	)
Inventories	$	100,743		$	84,459

7. Property, Plant and Equipment

9 Months Ended

Oct. 28, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

7. Property, Plant and Equipment

Depreciable Lives

October 28,

January 28,

(In years)

2018

2018

Buildings and land improvements

15 - 30

24,539

24,298

Computer software and hardware

3 - 10

18,568

18,302

Machinery and equipment

8,827

8,586

Leasehold improvements

Term of lease

9,282

8,982

Furniture and fixtures

3 - 10

2,290

2,186

Other

652

612

Total depreciable property at cost

64,158

62,966

Less accumulated depreciation

38,786

35,100

Total depreciable property, net

25,372

27,866

Land

1,067

1,067

Construction-in-progress

1,666

316

Property, plant and equipment, net

28,105

29,249

8. Fair Value Measurements

9 Months Ended

Oct. 28, 2018

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

8. Fair Value Measurements

Fair value is the price that would be received upon the sale of an asset or paid upon the transfer of a liability (an exit price) in an orderly transaction between market participants on the applicable measurement date. We use a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include:

■

Level 1, defined as observable inputs such as quoted prices in active markets for identical assets and liabilities;

■

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

■

Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions.

As of October 28, 2018 and January 28, 2018, Company-owned life insurance was measured at fair value on a recurring basis based on Level 2 inputs. The fair value of the Company-owned life insurance is determined by inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. Additionally, the fair value of the Company-owned life insurance is marked to market each reporting period and any change in fair value is reflected in income for that period.

As of January 28, 2018, the assets of the Home Meridian segment’s legacy Pension Plan (the “Pension Plan”) were measured at fair value on a recurring basis based on Level 1 inputs. Pension Plan assets, held in a trust account by the Plan’s trustee, primarily consisted of a wide-range of mutual fund asset classes, including domestic and international equities, fixed income securities such as corporate bonds, mortgage-backed securities, real estate investments and U.S. Treasuries. As of January 31, 2018, the date of the latest actuarial valuation, Pension Plan assets were netted against the Plan’s Projected Benefit Obligation (“PBO”) on that date to determine the Pension Plan’s funded status. Since the PBO exceeded the market value of the Pension Plan’s assets, the funded status was recorded in our condensed consolidated balance sheets as a net liability. During the fiscal 2019 third quarter, we transferred $3 million to the Pension Plan to reduce the underfunded balance and engaged in a “de-risking” strategy by moving Plan assets into fixed income securities, in order to reduce the volatility of the Plan Assets. As of October 28, 2018, the net asset for this plan was $617,000 shown on the “Other assets” line of our condensed consolidated balance sheets. The market value of pension plan assets shown below is as of January 31, 2018. See Note 11. Employee Benefit Plans for additional information about the Plan.

Our assets measured at fair value on a recurring basis at October 28, 2018 and January 28, 2018, were as follows:

	Fair value at October 28, 2018								Fair value at January 28, 2018
Description	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
							(In thousands)
Assets measured at fair value
Company-owned life insurance	$	-	$	23,499	$	-	$	23,499	$	-	$	23,622	$	-	$	23,622
Pension Plan assets*		8,757		-		-		8,757		8,757		-		-		8,757

* as of January 28, 2018 for Pension Plan assets.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

9. Intangible Assets

9 Months Ended

Oct. 28, 2018

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

9. Intangible Assets

October 28,

January 28,

Non-amortizable Intangible Assets

Segment

2018

2018

Goodwill

Home Meridian

23,187

23,187

Goodwill

All Other

16,871

16,871

Total Goodwill

40,058

40,058

Trademarks and trade names - Home Meridian

Home Meridian

11,400

11,400

Trademarks and trade names - Bradington-Young

All Other

861

861

Trademarks and trade names - Sam Moore

All Other

396

396

Total Trademarks and trade names

12,657

12,657

Total non-amortizable assets

52,715

52,715

Our amortizable intangible assets are recorded in our Home Meridian segment and All Other. The carrying amounts and changes therein of those amortizable intangible assets were as follows:

	Amortizable Intangible Assets
	Customer
	Relationships			Trademarks			Totals

Balance at January 28, 2018	$	24,644		$	838		$	25,482
Amortization		(1,743	)		(45	)		(1,788	)
Balance at October 28, 2018	$	22,901		$	793		$	23,694

For the fourth quarter of fiscal 2019, amortization expense is expected to be approximately $596,000.

10. Long-Term Debt	9 Months Ended
10. Long-Term Debt	Oct. 28, 2018
Disclosure Text Block [Abstract]
Long-term Debt [Text Block]	10. Long-Term Debt We made an unscheduled $10 million payment during the first quarter of fiscal 2019 towards the amounts outstanding under the New Unsecured Term Loan. Consequently, we wrote off $6,000 in capitalized debt issuance costs to interest expense. As of October 28, 2018, unamortized debt issuance costs of $60,000 were netted against the carrying value of our term loans on our condensed consolidated balance sheets. As of October 28, 2018, we had an aggregate $28.5 million available under our revolving credit facility to fund working capital needs. Standby letters of credit in the aggregate amount of $1.5 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under the revolving credit facility as of October 28, 2018. There were no additional borrowings outstanding under the revolving credit facility as of October 28, 2018.

11. Employee Benefit Plans

9 Months Ended

Oct. 28, 2018

Retirement Benefits [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

11. Employee Benefit Plans

We maintain three retirement plans for the benefit of certain former and current employees, including a supplemental retirement income plan (“SRIP”) for certain former and current employees of Hooker Furniture Corporation, as well as two plans for the benefit of certain and former employees of Pulaski Furniture Corporation, which we assumed when we acquired the business of Home Meridian International. These legacy pension plan obligations include:

■

the Pulaski Furniture Corporation Supplemental Executive Retirement Plan (“SERP”) for certain former executives. The SERP is an unfunded plan and all benefits are paid solely out of our general assets; and

■

the Pension Plan for former Pulaski Furniture Corporation employees.

The SRIP, SERP and Pension Plan are all “frozen” and we do not expect to add additional participants to any of these plans in the future. Pension Plan assets include a range of mutual fund asset classes and are measured at fair value using Level 1 inputs, which are quoted prices in active markets.

	Thirteen Weeks Ended						Thirty-Nine Weeks Ended
	October 28,			October 29,			October 28,			October 29,
	2018			2017			2018			2017
Net periodic benefit costs
Service cost		81			76			243			228
Interest cost		206			280			618			839
Actuarial loss		43			15			129			45
Expected return on pension plan assets		(144	)		(234	)		(431	)		(700	)
Expected administrative expenses		70			70			210			210

Consolidated net periodic benefit costs	$	256		$	207		$	769		$	622

We adopted ASU 2017-07 as of the beginning of our 2019 fiscal year on January 29, 2018. Components of net periodic benefit cost other than the service cost for the SRIP, SERP and the Pension Plan are included in the line item “Other income, net” in our condensed consolidated statements of income. Service cost is included in our condensed consolidated statements of income under “Selling and administrative expenses.” The adoption resulted in the reclassification of $131,000 and $393,000 expense from Selling and administrative expenses to Other income, net in the third quarter and first nine months of our fiscal 2018 condensed consolidated statements of income.

The expected long-term rate of return on Pension Plan assets is 6.9% as of the Pension Plan’s most recent valuation date of January 28, 2018.

We contributed $110,000 in required contributions to the Pension Plan in the fiscal 2019 first quarter. In the third quarter, we made an additional $3 million contribution to the Pension Plan as part of a Pension Plan asset de-risking strategy. As part of this strategy, Pension Plan assets were moved into generally lower risk investments to preserve asset value. No benefits have accrued under the Pension Plan since it was frozen in March 1995. We expect savings from reduced Pension Plan administrative costs and PBGC premiums as a result of this contribution.

The SRIP and SERP plans are unfunded plans. Consequently, we expect to pay a total of approximately $179,000 in benefit payments from our general assets during the remainder of fiscal 2019 to fund SRIP and SERP payments.

12. Earnings Per Share

9 Months Ended

Oct. 28, 2018

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

12. Earnings Per Share

We refer you to the discussion of Earnings Per Share in Note 1. Summary of Significant Accounting Policies, in the financial statements included in our 2018 Annual Report, for additional information concerning the calculation of earnings per share.

We have issued restricted stock awards to non-employee members of the board of directors since 2006 and restricted stock units (“RSUs”) to certain senior executives since fiscal 2012 under the Company’s Stock Incentive Plan. Each RSU entitles an executive to receive one share of the Company’s common stock if the executive remains continuously employed with the Company through the end of a three-year service period. The RSUs may be paid in shares of our common stock, cash or both at the discretion of the Compensation Committee of our board of directors. We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:

	October 28,		January 28,
	2018		2018

Restricted shares		22		16
Restricted stock units		14		19
		36		35

All restricted shares and RSUs awarded that have not yet vested are considered when computing diluted earnings per share. The following table sets forth the computation of basic and diluted earnings per share:

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	October 28,		October 29,		October 28,		October 29,
	2018		2017		2018		2017

Net income	$	9,332	$	7,202	$	25,181	$	19,726
Less: Unvested participating restricted stock dividends		3		2		8		8
Net earnings allocated to unvested participating restricted stock		17		10		41		37
Earnings available for common shareholders		9,312		7,190		25,132		19,681

Weighted average shares outstanding for basic earnings per share		11,763		11,679		11,758		11,596
Dilutive effect of unvested restricted stock and RSU awards		15		21		20		30
Weighted average shares outstanding for diluted earnings per share		11,778		11,700		11,778		11,626

Basic earnings per share	$	0.79	$	0.62	$	2.14	$	1.70

Diluted earnings per share	$	0.79	$	0.61	$	2.13	$	1.69

13. Income Taxes	9 Months Ended
13. Income Taxes	Oct. 28, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	13. Income Taxes We recorded income tax expense of $2.8 million for the fiscal 2019 third quarter compared to $4.0 million for the comparable prior year period. The effective tax rates for the fiscal 2019 and 2018 third quarters were 22.9% and 35.7%, respectively. The effective tax rates for the first nine months of fiscal 2019 and 2018 were 23.0% and 34.9%, respectively. Our effective tax rate was lower in the fiscal 2019 third quarter and first nine months as a result of the recently enacted Tax Cuts and Jobs Act, partially offset by increased state income taxes. We adopted ASU 2014-09 and 2018-02 in the first quarter of fiscal 2019. The adoptions resulted in the reclassification of $120,000 from federal tax payable and $111,000 from Accumulated Other Comprehensive Income, both to retained earnings. The net unrecognized tax benefits as of October 28, 2018 and January 28, 2018, which, if recognized, would affect our effective tax rate are $82,000 and $80,000, respectively. Tax years ending February 1, 2015 through January 28, 2018 remain subject to examination by federal and state taxing authorities.

14. Segment Information

9 Months Ended

Oct. 28, 2018

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

14. Segment Information

As a public reporting entity, we are required to present disaggregated information by segment using the management approach. The objective of this approach is to allow users of our financial statements to see our business through the eyes of management based upon the way management reviews performance and makes decisions. The management approach requires segment information to be reported based on how management internally evaluates the operating performance of the company’s business units or segments. The objective of this approach is to meet the basic principles of segment reporting as outlined in ASC 280 Segments (“ASC 280”), which are to allow the users of our financial statements to:

	■	better understand our performance;
	■	better assess our prospects for future net cash flows; and
	■	make more informed judgments about us as a whole.

We define our segments as those operations our chief operating decision maker (“CODM”) regularly reviews to analyze performance and allocate resources. We measure the results of our segments using, among other measures, each segment’s net sales, gross profit and operating income, as determined by the information regularly reviewed by the CODM.

We continually monitor our reportable segments for changes in facts and circumstances to determine whether changes in the identification or aggregation of operating segments are necessary. In the fourth quarter of fiscal 2018, we updated our reportable segments as follows: Hooker Upholstery was aggregated with Hooker Casegoods and reported as the Hooker Branded segment. The domestic upholstery operations of Shenandoah Furniture, Sam Moore and Bradington-Young were moved into All Other with the Company’s H Contract business and the remains of the Company’s Homeware division, which was shuttered earlier in fiscal 2018. The Home Meridian segment remains unchanged. Therefore, for financial reporting purposes, we are organized into two reportable segments and “All Other”, which includes the remainder of our businesses:

	■	Hooker Branded, consisting of the operations of our imported Hooker Casegoods and Hooker Upholstery businesses;
	■	Home Meridian, a business acquired at the beginning of fiscal 2017, is a stand-alone, mostly autonomous business that serves a different type or class of customer than do our other operating segments and at much lower margins; and
	■	All Other, which includes the domestic upholstery manufacturing operations of Bradington-Young, Sam Moore and Shenandoah Furniture and H Contract and Homeware, the latter two businesses started in 2013. None of these operating segments met the ASC 280 aggregation criteria nor were individually reportable; therefore, we combined them in “All Other” in accordance with ASC 280. We note that Homeware failed to reach critical mass and its operations were wound down during the fiscal 2018 second quarter.

The following table presents segment information for the periods, and as of the dates, indicated:

	Thirteen Weeks Ended										Thirty-Nine Weeks Ended
	October 28, 2018					October 29, 2017					October 28, 2018					October 29, 2017
			% Net					% Net					% Net					% Net
Net Sales			Sales					Sales					Sales					Sales
Hooker Branded	$	46,479		27.1	%	$	42,573		27.0	%	$	129,801		26.9	%	$	120,934		27.2	%
Home Meridian		95,013		55.4	%		92,068		58.3	%		266,631		55.2	%		262,173		58.9	%
All Other		29,982		17.5	%		23,293		14.7	%		86,594		17.9	%		62,007		13.9	%
Consolidated	$	171,474		100.0	%	$	157,934		100.0	%	$	483,026		100.0	%	$	445,114		100.0	%

Gross Profit
Hooker Branded	$	14,334		30.8	%	$	13,096		30.8	%	$	41,372		31.9	%	$	38,177		31.6	%
Home Meridian		15,382		16.2	%		15,808		17.2	%		43,196		16.2	%		42,875		16.4	%
All Other		6,120		20.4	%		5,374		23.1	%		18,879		21.8	%		14,486		23.4	%
Consolidated	$	35,836		20.9	%	$	34,278		21.7	%	$	103,447		21.4	%	$	95,538		21.5	%

Operating Income
Hooker Branded	$	5,712		12.3	%	$	4,964		11.7	%	$	17,381		13.4	%	$	15,047		12.4	%
Home Meridian		4,829		5.1	%		4,637		5.0	%		10,168		3.8	%		10,748		4.1	%
All Other		1,720		5.7	%		1,735		7.4	%		5,960		6.9	%		4,706		7.6	%
Consolidated	$	12,261		7.2	%	$	11,336		7.2	%	$	33,509		6.9	%	$	30,501		6.9	%

Capital Expenditures
Hooker Branded	$	350				$	268				$	699				$	1,259
Home Meridian		143					580					330					1,090
All Other		1,138					145					1,435					359
Consolidated	$	1,631				$	993				$	2,464				$	2,708

Depreciation & Amortization
Hooker Branded	$	984				$	490				$	1,479				$	1,452
Home Meridian		851					673					1,795					2,012
All Other		1,248					539					2,284					935
Consolidated	$	3,083				$	1,702				$	5,558				$	4,399

	As of October 28,					As of January 28,
	2018		%Total			2018		%Total
Identifiable Assets			Assets					Assets
Hooker Branded	$	135,060		47.6	%	$	129,986	47.8	%
Home Meridian		109,725		38.7	%		107,139	39.6	%
All Other		39,088		13.8	%		34,394	12.6	%
Consolidated	$	283,873		100.0	%	$	271,519	100.0	%
Consolidated Goodwill and Intangibles		76,409					78,197
Total Consolidated Assets	$	360,282				$	349,716

Sales by product type are as follows:

	Net Sales (in thousands)
	Thirteen Weeks Ended										Thirty-Nine Weeks Ended
	October 28, 2018		%Total			October 29, 2017		%Total			October 28, 2018		%Total			October 29, 2017		%Total
Casegoods	$	108,584		63	%	$	109,583		69	%	$	304,370		63	%	$	315,415		71	%
Upholstery		62,890		37	%		48,351		31	%		178,656		37	%		129,699		29	%
	$	171,474		100	%	$	157,934		100	%	$	483,026		100	%	$	445,114		100	%

15. Subsequent Events	9 Months Ended
15. Subsequent Events	Oct. 28, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	15. Subsequent Events Dividends On December 6, 2018, our board of directors declared a quarterly cash dividend of $0.15 per share, representing an increase of 7.1% or $0.01 per share, payable on December 31, 2018 to shareholders of record at December 17, 2018.

4. Accounts Receivable (Tables)

9 Months Ended

Oct. 28, 2018

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	October 28,			January 28,
	2018			2018

Trade accounts receivable	$	91,356		$	98,592
Other accounts receivable allowances		(3,472	)		(5,117	)
Allowance for doubtful accounts		(906	)		(1,014	)
Accounts receivable	$	86,978		$	92,461

6. Inventories (Tables)

9 Months Ended

Oct. 28, 2018

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

	October 28,			January 28,
	2018			2018
Finished furniture	$	107,695		$	92,502
Furniture in process		2,483			1,440
Materials and supplies		9,808			8,780
Inventories at FIFO		119,986			102,722
Reduction to LIFO basis		(19,243	)		(18,263	)
Inventories	$	100,743		$	84,459

7. Property, Plant and Equipment (Tables)

9 Months Ended

Oct. 28, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Depreciable Lives

October 28,

January 28,

(In years)

2018

2018

Buildings and land improvements

15 - 30

24,539

24,298

Computer software and hardware

3 - 10

18,568

18,302

Machinery and equipment

8,827

8,586

Leasehold improvements

Term of lease

9,282

8,982

Furniture and fixtures

3 - 10

2,290

2,186

Other

652

612

Total depreciable property at cost

64,158

62,966

Less accumulated depreciation

38,786

35,100

Total depreciable property, net

25,372

27,866

Land

1,067

1,067

Construction-in-progress

1,666

316

Property, plant and equipment, net

28,105

29,249

8. Fair Value Measurements (Tables)

9 Months Ended

Oct. 28, 2018

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Our assets measured at fair value on a recurring basis at October 28, 2018 and January 28, 2018, were as follows:

	Fair value at October 28, 2018								Fair value at January 28, 2018
Description	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
							(In thousands)
Assets measured at fair value
Company-owned life insurance	$	-	$	23,499	$	-	$	23,499	$	-	$	23,622	$	-	$	23,622
Pension Plan assets*		8,757		-		-		8,757		8,757		-		-		8,757

9. Intangible Assets (Tables)

9 Months Ended

Oct. 28, 2018

Disclosure Text Block [Abstract]

Schedule of Indefinite-Lived Intangible Assets [Table Text Block]

October 28,

January 28,

Non-amortizable Intangible Assets

Segment

2018

2018

Goodwill

Home Meridian

23,187

23,187

Goodwill

All Other

16,871

16,871

Total Goodwill

40,058

40,058

Trademarks and trade names - Home Meridian

Home Meridian

11,400

11,400

Trademarks and trade names - Bradington-Young

All Other

861

861

Trademarks and trade names - Sam Moore

All Other

396

396

Total Trademarks and trade names

12,657

12,657

Total non-amortizable assets

52,715

52,715

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Our amortizable intangible assets are recorded in our Home Meridian segment and All Other. The carrying amounts and changes therein of those amortizable intangible assets were as follows:

	Amortizable Intangible Assets
	Customer
	Relationships			Trademarks			Totals

Balance at January 28, 2018	$	24,644		$	838		$	25,482
Amortization		(1,743	)		(45	)		(1,788	)
Balance at October 28, 2018	$	22,901		$	793		$	23,694

11. Employee Benefit Plans (Tables)

9 Months Ended

Oct. 28, 2018

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

	Thirteen Weeks Ended						Thirty-Nine Weeks Ended
	October 28,			October 29,			October 28,			October 29,
	2018			2017			2018			2017
Net periodic benefit costs
Service cost		81			76			243			228
Interest cost		206			280			618			839
Actuarial loss		43			15			129			45
Expected return on pension plan assets		(144	)		(234	)		(431	)		(700	)
Expected administrative expenses		70			70			210			210

Consolidated net periodic benefit costs	$	256		$	207		$	769		$	622

12. Earnings Per Share (Tables)

9 Months Ended

Oct. 28, 2018

Earnings Per Share [Abstract]

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

	October 28,		January 28,
	2018		2018

Restricted shares		22		16
Restricted stock units		14		19
		36		35

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share:

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	October 28,		October 29,		October 28,		October 29,
	2018		2017		2018		2017

Net income	$	9,332	$	7,202	$	25,181	$	19,726
Less: Unvested participating restricted stock dividends		3		2		8		8
Net earnings allocated to unvested participating restricted stock		17		10		41		37
Earnings available for common shareholders		9,312		7,190		25,132		19,681

Weighted average shares outstanding for basic earnings per share		11,763		11,679		11,758		11,596
Dilutive effect of unvested restricted stock and RSU awards		15		21		20		30
Weighted average shares outstanding for diluted earnings per share		11,778		11,700		11,778		11,626

Basic earnings per share	$	0.79	$	0.62	$	2.14	$	1.70

Diluted earnings per share	$	0.79	$	0.61	$	2.13	$	1.69

14. Segment Information (Tables)

9 Months Ended

Oct. 28, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following table presents segment information for the periods, and as of the dates, indicated:

	Thirteen Weeks Ended										Thirty-Nine Weeks Ended
	October 28, 2018					October 29, 2017					October 28, 2018					October 29, 2017
			% Net					% Net					% Net					% Net
Net Sales			Sales					Sales					Sales					Sales
Hooker Branded	$	46,479		27.1	%	$	42,573		27.0	%	$	129,801		26.9	%	$	120,934		27.2	%
Home Meridian		95,013		55.4	%		92,068		58.3	%		266,631		55.2	%		262,173		58.9	%
All Other		29,982		17.5	%		23,293		14.7	%		86,594		17.9	%		62,007		13.9	%
Consolidated	$	171,474		100.0	%	$	157,934		100.0	%	$	483,026		100.0	%	$	445,114		100.0	%

Gross Profit
Hooker Branded	$	14,334		30.8	%	$	13,096		30.8	%	$	41,372		31.9	%	$	38,177		31.6	%
Home Meridian		15,382		16.2	%		15,808		17.2	%		43,196		16.2	%		42,875		16.4	%
All Other		6,120		20.4	%		5,374		23.1	%		18,879		21.8	%		14,486		23.4	%
Consolidated	$	35,836		20.9	%	$	34,278		21.7	%	$	103,447		21.4	%	$	95,538		21.5	%

Operating Income
Hooker Branded	$	5,712		12.3	%	$	4,964		11.7	%	$	17,381		13.4	%	$	15,047		12.4	%
Home Meridian		4,829		5.1	%		4,637		5.0	%		10,168		3.8	%		10,748		4.1	%
All Other		1,720		5.7	%		1,735		7.4	%		5,960		6.9	%		4,706		7.6	%
Consolidated	$	12,261		7.2	%	$	11,336		7.2	%	$	33,509		6.9	%	$	30,501		6.9	%

Capital Expenditures
Hooker Branded	$	350				$	268				$	699				$	1,259
Home Meridian		143					580					330					1,090
All Other		1,138					145					1,435					359
Consolidated	$	1,631				$	993				$	2,464				$	2,708

Depreciation & Amortization
Hooker Branded	$	984				$	490				$	1,479				$	1,452
Home Meridian		851					673					1,795					2,012
All Other		1,248					539					2,284					935
Consolidated	$	3,083				$	1,702				$	5,558				$	4,399

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

The following table presents segment information for the periods, and as of the dates, indicated:

	As of October 28,					As of January 28,
	2018		%Total			2018		%Total
Identifiable Assets			Assets					Assets
Hooker Branded	$	135,060		47.6	%	$	129,986	47.8	%
Home Meridian		109,725		38.7	%		107,139	39.6	%
All Other		39,088		13.8	%		34,394	12.6	%
Consolidated	$	283,873		100.0	%	$	271,519	100.0	%
Consolidated Goodwill and Intangibles		76,409					78,197
Total Consolidated Assets	$	360,282				$	349,716

Revenue from External Customers by Products and Services [Table Text Block]

Sales by product type are as follows:

	Net Sales (in thousands)
	Thirteen Weeks Ended										Thirty-Nine Weeks Ended
	October 28, 2018		%Total			October 29, 2017		%Total			October 28, 2018		%Total			October 29, 2017		%Total
Casegoods	$	108,584		63	%	$	109,583		69	%	$	304,370		63	%	$	315,415		71	%
Upholstery		62,890		37	%		48,351		31	%		178,656		37	%		129,699		29	%
	$	171,474		100	%	$	157,934		100	%	$	483,026		100	%	$	445,114		100	%

2. Recently Adopted Accounting Policies (Details) - USD ($)	3 Months Ended			9 Months Ended		12 Months Ended
	Oct. 28, 2018	Apr. 29, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017	Jan. 28, 2018
Accounting Changes and Error Corrections [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21.00%				35.00%
Reclassification from AOCI, Current Period, Tax	$ 0	$ 111,000	$ 0	$ 111,000	$ 0
Cumulative Effect on Retained Earnings, Net of Tax		$ 210,000
Contract with Customer, Liability	$ 3,480,000			$ 3,480,000		$ 3,951,000

3. Casualty Loss (Details)		3 Months Ended
3. Casualty Loss (Details)	May 18, 2018 USD ($)	Oct. 28, 2018 USD ($)
Casualty Loss [Abstract]
Number of Warehouses	2
Insurance Deductible	$ 500,000
Casualty Loss	$ 500,000
Increase (Decrease) in Insurance Settlements Receivable		$ 409,000

4. Accounts Receivable (Details) - Schedule of Accounts, Notes, Loans and Financing Receivable - USD ($) $ in Thousands	Oct. 28, 2018	Jan. 28, 2018
Schedule of Accounts, Notes, Loans and Financing Receivable [Abstract]
Trade accounts receivable	$ 91,356	$ 98,592
Other accounts receivable allowances	(3,472)	(5,117)
Allowance for doubtful accounts	(906)	(1,014)
Accounts receivable	$ 86,978	$ 92,461

5. Commitments and Contingencies (Details) $ in Millions	3 Months Ended
5. Commitments and Contingencies (Details) $ in Millions	Oct. 28, 2018 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency Accrual, Provision	$ 4.0
Litigation Settlement, Amount Awarded from Other Party	4.0
Loss Contingency, Receivable	$ 4.0

6. Inventories (Details) - Schedule of Inventory, Current - USD ($) $ in Thousands	Oct. 28, 2018	Jan. 28, 2018
Schedule of Inventory, Current [Abstract]
Finished furniture	$ 107,695	$ 92,502
Furniture in process	2,483	1,440
Materials and supplies	9,808	8,780
Inventories at FIFO	119,986	102,722
Reduction to LIFO basis	(19,243)	(18,263)
Inventories	$ 100,743	$ 84,459

7. Property, Plant and Equipment (Details) - Property, Plant and Equipment - USD ($) $ in Thousands	9 Months Ended
	Oct. 28, 2018	Jan. 28, 2018
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 64,158	$ 62,966
Less accumulated depreciation	38,786	35,100
Total depreciable property, net	25,372	27,866
Land	1,067	1,067
Construction-in-progress	1,666	316
Property, plant and equipment, net	28,105	29,249
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	24,539	24,298
Computer Software and Hardware [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	18,568	18,302
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 8,827	8,586
Property, Plant and Equipment, Depreciable Lives	10
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 9,282	8,982
Property, Plant and Equipment, Depreciable Lives	Term of lease
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 2,290	2,186
Property, Plant and Equipment, Other Types [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 652	$ 612
Property, Plant and Equipment, Depreciable Lives	5
Minimum [Member] \| Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	15
Minimum [Member] \| Computer Software and Hardware [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	3
Minimum [Member] \| Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	3
Maximum [Member] \| Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	30
Maximum [Member] \| Computer Software and Hardware [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	10
Maximum [Member] \| Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	10

8. Fair Value Measurements (Details) - Pension Plan [Member]	3 Months Ended
	Oct. 28, 2018 USD ($)
8. Fair Value Measurements (Details) [Line Items]
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Assets Transferred to (from) Plan	$ 3,000,000
Assets for Plan Benefits, Defined Benefit Plan	$ 617,000

8. Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis - USD ($)
$ in Thousands

Oct. 28, 2018

Jan. 28, 2018

Assets measured at fair value

Company-owned life insurance

$ 23,499

$ 23,622

Pension Plan assets

^[1]

8,757

Fair Value, Inputs, Level 1 [Member]

Assets measured at fair value

Company-owned life insurance

Pension Plan assets

^[1]

8,757

Fair Value, Inputs, Level 2 [Member]

Assets measured at fair value

Company-owned life insurance

23,499

23,622

Pension Plan assets

^[1]

Fair Value, Inputs, Level 3 [Member]

Assets measured at fair value

Company-owned life insurance

Pension Plan assets

^[1]

$ 0

[1]	as of January 28, 2018 for Pension Plan assets.

9. Intangible Assets (Details)	Oct. 28, 2018 USD ($)
Disclosure Text Block [Abstract]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	$ 596,000

9. Intangible Assets (Details) - Schedule of Indefinite-Lived Intangible Assets - USD ($) $ in Thousands	Oct. 28, 2018	Jan. 28, 2018
Indefinite-lived Intangible Assets [Line Items]
Goodwill	$ 40,058	$ 40,058
Total non-amortizable assets	52,715	52,715
Trademarks and Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Trademarks and trade names	12,657	12,657
Home Meridian International [Member] \| Trademarks and Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Trademarks and trade names	11,400	11,400
Bradington-Young [Member] \| Trademarks and Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Trademarks and trade names	861	861
Sam Moore [Member] \| Trademarks and Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Trademarks and trade names	396	396
Goodwill [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill	40,058	40,058
Goodwill [Member] \| Home Meridian International [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill	23,187	23,187
Goodwill [Member] \| Other Segments [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill	$ 16,871	$ 16,871

9. Intangible Assets (Details) - Schedule of Finite-Lived Intangible Assets $ in Thousands	9 Months Ended
	Oct. 28, 2018 USD ($)
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	$ 24,644
Amortization	(1,743)
Balance	22,901
Order or Production Backlog [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	838
Amortization	(45)
Balance	793
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	25,482
Amortization	(1,788)
Balance	$ 23,694

10. Long-Term Debt (Details) - USD ($)	9 Months Ended
10. Long-Term Debt (Details) - USD ($)	Oct. 28, 2018	Oct. 29, 2017
10. Long-Term Debt (Details) [Line Items]
Repayments of Long-term Debt	$ 15,679,000	$ 4,393,000
Revolving Credit Facility [Member]
10. Long-Term Debt (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	28,500,000
Standby Letters of Credit [Member]
10. Long-Term Debt (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	1,500,000
Unsecured Debt [Member] \| Unsecured Term Loan [Member]
10. Long-Term Debt (Details) [Line Items]
Repayments of Long-term Debt	10,000,000
Unsecured Debt [Member] \| New Unsecured Term Loan [Member]
10. Long-Term Debt (Details) [Line Items]
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	60,000
Secured Debt [Member]
10. Long-Term Debt (Details) [Line Items]
Interest and Debt Expense	$ 6,000

11. Employee Benefit Plans (Details)	3 Months Ended	9 Months Ended
11. Employee Benefit Plans (Details)	Oct. 28, 2018 USD ($)	Oct. 28, 2018 USD ($)	Jan. 28, 2018
11. Employee Benefit Plans (Details) [Line Items]
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Assets Transferred to (from) Plan	$ 3,000,000
Defined Benefit Plan, Expected Future Benefit Payment, Remainder of Fiscal Year	179,000	$ 179,000
Pension Plan [Member]
11. Employee Benefit Plans (Details) [Line Items]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate			6.90%
Payment for Pension Benefits		110,000
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Assets Transferred to (from) Plan	3,000,000
Prior Period Adjustment from Adoption of ASU 2017-07 [Member]
11. Employee Benefit Plans (Details) [Line Items]
Prior Period Reclassification Adjustment	$ 131,000	$ 393,000
Hooker Furniture Corporation [Member]
11. Employee Benefit Plans (Details) [Line Items]
Number of Benefit Plans		3
Pulaski Furniture Corporation [Member]
11. Employee Benefit Plans (Details) [Line Items]
Number of Benefit Plans		2

11. Employee Benefit Plans (Details) - Schedule of Net Benefit Costs - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017
Net periodic benefit costs
Service cost	$ 81	$ 76	$ 243	$ 228
Interest cost	206	280	618	839
Actuarial loss	43	15	129	45
Expected return on pension plan assets	(144)	(234)	(431)	(700)
Expected administrative expenses	70	70	210	210
Consolidated net periodic benefit costs	$ 256	$ 207	$ 769	$ 622

12. Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units - shares shares in Thousands	Oct. 28, 2018	Jan. 28, 2018
12. Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	36	35
Restricted Stock [Member]
12. Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	22	16
Restricted Stock Units (RSUs) [Member]
12. Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	14	19

12. Earnings Per Share (Details) - Schedule of Earnings Per Share, Basic and Diluted - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017
Schedule of Earnings Per Share, Basic and Diluted [Abstract]
Net income	$ 9,332	$ 7,202	$ 25,181	$ 19,726
Less: Unvested participating restricted stock dividends	3	2	8	8
Net earnings allocated to unvested participating restricted stock	17	10	41	37
Earnings available for common shareholders	$ 9,312	$ 7,190	$ 25,132	$ 19,681
Weighted average shares outstanding for basic earnings per share (in Shares)	11,763	11,679	11,758	11,596
Dilutive effect of unvested restricted stock and RSU awards (in Shares)	15	21	20	30
Weighted average shares outstanding for diluted earnings per share (in Shares)	11,778	11,700	11,778	11,626
Basic earnings per share (in Dollars per share)	$ 0.79	$ 0.62	$ 2.14	$ 1.70
Diluted earnings per share (in Dollars per share)	$ 0.79	$ 0.61	$ 2.13	$ 1.69

13. Income Taxes (Details) - USD ($)	3 Months Ended			9 Months Ended
13. Income Taxes (Details) - USD ($)	Oct. 28, 2018	Apr. 29, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017	Jan. 28, 2018
13. Income Taxes (Details) [Line Items]
Income Tax Expense (Benefit)	$ 2,775,000		$ 4,006,000	$ 7,504,000	$ 10,574,000
Effective Income Tax Rate Reconciliation, Percent	22.90%		35.70%	23.00%	34.90%
Reclassification from AOCI, Current Period, Tax	$ 0	$ 111,000	$ 0	$ 111,000	$ 0
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 82,000			82,000		$ 80,000
Prior Period Adjustments for Adoption of ASU 2017-09 [Member]
13. Income Taxes (Details) [Line Items]
Prior Period Reclassification Adjustment				$ 120,000

14. Segment Information (Details)	9 Months Ended
14. Segment Information (Details)	Oct. 28, 2018
Segment Reporting [Abstract]
Number of Reportable Segments	2

14. Segment Information (Details) - Segment Reporting Information - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017
Segment Reporting Information [Line Items]
Net Sales	$ 171,474	$ 157,934	$ 483,026	$ 445,114
% of Net Sales	100.00%	100.00%	100.00%	100.00%
Gross Profit
Gross Profit	$ 35,836	$ 34,278	$ 103,447	$ 95,538
% of Net Sales, Gross Profit	20.90%	21.70%	21.40%	21.50%
Operating Income
Operating Income	$ 12,261	$ 11,336	$ 33,509	$ 30,501
% of Net Sales, Operating Income	7.20%	7.20%	6.90%	6.90%
Capital Expenditures
Capital Expenditures	$ 1,631	$ 993	$ 2,464	$ 2,708
Depreciation & Amortization
Depreciation & Amortization	3,083	1,702	5,558	4,399
Hooker Branded [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 46,479	$ 42,573	$ 129,801	$ 120,934
% of Net Sales	27.10%	27.00%	26.90%	27.20%
Gross Profit
Gross Profit	$ 14,334	$ 13,096	$ 41,372	$ 38,177
% of Net Sales, Gross Profit	30.80%	30.80%	31.90%	31.60%
Operating Income
Operating Income	$ 5,712	$ 4,964	$ 17,381	$ 15,047
% of Net Sales, Operating Income	12.30%	11.70%	13.40%	12.40%
Capital Expenditures
Capital Expenditures	$ 350	$ 268	$ 699	$ 1,259
Depreciation & Amortization
Depreciation & Amortization	984	490	1,479	1,452
Home Meridian International [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 95,013	$ 92,068	$ 266,631	$ 262,173
% of Net Sales	55.40%	58.30%	55.20%	58.90%
Gross Profit
Gross Profit	$ 15,382	$ 15,808	$ 43,196	$ 42,875
% of Net Sales, Gross Profit	16.20%	17.20%	16.20%	16.40%
Operating Income
Operating Income	$ 4,829	$ 4,637	$ 10,168	$ 10,748
% of Net Sales, Operating Income	5.10%	5.00%	3.80%	4.10%
Capital Expenditures
Capital Expenditures	$ 143	$ 580	$ 330	$ 1,090
Depreciation & Amortization
Depreciation & Amortization	851	673	1,795	2,012
Other Segments [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 29,982	$ 23,293	$ 86,594	$ 62,007
% of Net Sales	17.50%	14.70%	17.90%	13.90%
Gross Profit
Gross Profit	$ 6,120	$ 5,374	$ 18,879	$ 14,486
% of Net Sales, Gross Profit	20.40%	23.10%	21.80%	23.40%
Operating Income
Operating Income	$ 1,720	$ 1,735	$ 5,960	$ 4,706
% of Net Sales, Operating Income	5.70%	7.40%	6.90%	7.60%
Capital Expenditures
Capital Expenditures	$ 1,138	$ 145	$ 1,435	$ 359
Depreciation & Amortization
Depreciation & Amortization	$ 1,248	$ 539	$ 2,284	$ 935

14. Segment Information (Details) - Assets from Segments to Consolidated - USD ($) $ in Thousands	Oct. 28, 2018	Jan. 28, 2018
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 283,873	$ 271,519
% Total Assets	100.00%	100.00%
Consolidated Goodwill and Intangibles	$ 76,409	$ 78,197
Total Consolidated Assets	360,282	349,716
Hooker Branded [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 135,060	$ 129,986
% Total Assets	47.60%	47.80%
Home Meridian International [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 109,725	$ 107,139
% Total Assets	38.70%	39.60%
Other Segments [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 39,088	$ 34,394
% Total Assets	13.80%	12.60%

14. Segment Information (Details) - Revenue from External Customers by Products and Services - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2018	Oct. 29, 2017	Oct. 28, 2018	Oct. 29, 2017
Revenue from External Customer [Line Items]
Net Sales	$ 171,474	$ 157,934	$ 483,026	$ 445,114
% Total	100.00%	100.00%	100.00%	100.00%
Casegoods [Member]
Revenue from External Customer [Line Items]
Net Sales	$ 108,584	$ 109,583	$ 304,370	$ 315,415
% Total	63.00%	69.00%	63.00%	71.00%
Upholstery [Member]
Revenue from External Customer [Line Items]
Net Sales	$ 62,890	$ 48,351	$ 178,656	$ 129,699
% Total	37.00%	31.00%	37.00%	29.00%

15. Subsequent Events (Details) - Subsequent Event [Member]	Dec. 06, 2018 $ / shares
15. Subsequent Events (Details) [Line Items]
Dividends Payable, Date Declared	Dec. 06, 2018
Common Stock, Dividends, Per Share, Declared	$ 0.15
Dividend, Increasem Precentage	7.10%
Dividend, Increase, Per-Share	$ 0.01
Dividends Payable, Date to be Paid	Dec. 31, 2018
Dividends Payable, Date of Record	Dec. 17, 2018