0001185185-22-000451 | 10-K | XBRL Viewer

Print Document View Excel Document

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
Document And Entity Information - USD ($) $ in Millions	Jan. 30, 2022	Apr. 11, 2022	Aug. 02, 2020
Document Information Line Items
Entity Registrant Name	HOOKER FURNISHINGS CORPORATION
Trading Symbol	HOFT
Document Type	10-K
Current Fiscal Year End Date	--01-31
Entity Common Stock, Shares Outstanding		11,942,493
Entity Public Float			$ 385.7
Amendment Flag	false
Entity Central Index Key	0001077688
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jan. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Document Annual Report	true
Entity File Number	000-25349
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	54-0251350
Entity Address, Address Line One	440 East Commonwealth Boulevard
Entity Address, City or Town	Martinsville
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	24112
City Area Code	276
Local Phone Number	632-2133
Title of 12(b) Security	Common Stock, no par value
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Auditor Firm ID	185
Auditor Location	Raleigh, North Carolina
Document Transition Report	false
Auditor Name	KPMG

CONSOLIDATED BALANCE SHEETS - USD ($)	Jan. 30, 2022	Jan. 31, 2021
Current assets
Cash and cash equivalents	$ 69,366,000	$ 65,841,000
Trade accounts receivable, net (See notes 4 and 5)	73,727,000	83,290,000
Inventories (see note 6)	75,023,000	70,159,000
Income tax recoverable	4,361,000	0
Prepaid expenses and other current assets	5,237,000	4,432,000
Total current assets	227,714,000	223,722,000
Property, plant and equipment, net (See note 7)	28,058,000	26,780,000
Cash surrender value of life insurance policies (See note 9)	26,479,000	25,365,000
Deferred taxes (See note 15)	11,612,000	14,173,000
Operating leases right-of-use assets (See note 10)	51,854,000	34,613,000
Intangible assets, net (See note 8)	23,853,000	26,237,000
Goodwill (See note 8)	490,000	490,000
Other assets	4,499,000	893,000
Total non-current assets	146,845,000	128,551,000
Total assets	374,559,000	352,273,000
Current liabilities
Trade accounts payable	30,916,000	32,213,000
Accrued salaries, wages and benefits	7,141,000	7,136,000
Income tax accrual (See note 15)	0	501,000
Customer deposits	7,145,000	4,256,000
Current portion of lease liabilities (See note 10)	7,471,000	6,650,000
Other accrued expenses	4,264,000	3,354,000
Total current liabilities	56,937,000	54,110,000
Deferred compensation (See note 12)	9,924,000	11,219,000
Lease liabilities (See note 10)	46,570,000	29,441,000
Total long-term liabilities	56,494,000	40,660,000
Total liabilities	113,431,000	94,770,000
Shareholders’ equity
Common stock, no par value, 20,000 shares authorized, 11,922 and 11,888 shares issued and outstanding on each date	53,295,000	53,323,000
Retained earnings	207,884,000	204,988,000
Accumulated other comprehensive loss	(51,000)	(808,000)
Total shareholders’ equity	261,128,000	257,503,000
Total liabilities and shareholders’ equity	$ 374,559,000	$ 352,273,000

CONSOLIDATED BALANCE SHEETS (Parentheticals) - shares shares in Thousands	Jan. 30, 2022	Jan. 31, 2021
Statement of Financial Position [Abstract]
Common stock, shares authorized	20,000	20,000
Common stock, shares issued	11,922	11,888
Common stock, shares outstanding	11,922	11,888

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Income Statement [Abstract]
Net sales	$ 593,612	$ 540,081	$ 610,824
Cost of sales	491,910	427,333	496,866
Gross profit	101,702	112,748	113,958
Selling and administrative expenses	84,475	80,410	88,867
Goodwill impairment charges	0	39,568	0
Trade name impairment charges	0	4,750	0
Intangible asset amortization	2,384	2,384	2,384
Operating income/(loss)	14,843	(14,364)	22,707
Other income, net	373	336	458
Interest expense, net	110	540	1,238
Income/(loss) before income taxes	15,106	(14,568)	21,927
Income tax expense/(benefit)	3,388	(4,142)	4,844
Net income/(loss)	$ 11,718	$ (10,426)	$ 17,083
Earnings/(loss) per share:
Basic (in Dollars per share)	$ 0.99	$ (0.88)	$ 1.44
Diluted (in Dollars per share)	$ 0.97	$ (0.88)	$ 1.44
Weighted average shares outstanding:
Basic (in Shares)	11,852	11,822	11,784
Diluted (in Shares)	11,970	11,822	11,838
Cash dividends declared per share (in Dollars per share)	$ 0.74	$ 0.66	$ 0.61

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Statement of Comprehensive Income [Abstract]
Net Income/(Loss)	$ 11,718	$ (10,426)	$ 17,083
Amortization of actuarial gain / (loss)	994	(125)	(740)
Income tax effect on amortization	(237)	30	176
Gain on pension plan settlement	0	0	(520)
Income tax effect on settlement	0	0	124
Adjustments to net periodic benefit cost	757	(95)	(960)
Total Comprehensive Income/(Loss)	$ 12,475	$ (10,521)	$ 16,123

- Definition

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126958026&loc=SL5780133-109256

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669619-108580

Reference 25: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669625-108580

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

+ Details

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Operating Activities:
Net income/(loss)	$ 11,718	$ (10,426)	$ 17,083
Adjustments to reconcile net income to net cash provided by operating activities:
Goodwill and intangible asset impairment charges	0	44,318	0
Depreciation and amortization	7,814	6,778	7,100
Gain on pension settlement	0	0	(520)
Gain on disposal of assets	(18)	0	(271)
Deferred income tax expense/(benefit)	2,323	(11,262)	1,940
Non-cash restricted stock and performance awards	(28)	1,741	1,296
Provision for doubtful accounts and sales allowances	45	4,686	(435)
Gain on life insurance policies	(1,008)	(1,207)	(831)
Changes in assets and liabilities:
Trade accounts receivable	9,518	(323)	25,339
Inventories	(4,863)	22,654	12,391
Income tax recoverable	(4,361)	751	(751)
Prepaid expenses and other current assets	(4,400)	515	(557)
Trade accounts payable	(1,312)	6,686	(15,349)
Accrued salaries, wages and benefits	76	2,204	(3,070)
Accrued income taxes	(501)	501	(3,159)
Customer deposits	2,890	904	328
Operating lease liabilities	708	888	299
Other accrued expenses	908	(856)	645
Deferred compensation	(300)	(289)	(49)
Net cash provided by operating activities	19,209	68,263	41,429
Investing Activities:
Purchases of property, plant and equipment	(6,692)	(1,210)	(5,129)
Proceeds received on notes receivable	0	0	1,449
Proceeds from sale of property and equipment	18	0	16
Premiums paid on life insurance policies	(560)	(555)	(590)
Proceeds received on life insurance policies	372	1,289	0
Net cash used in investing activities	(6,862)	(476)	(4,254)
Financing Activities:
Cash dividends paid	(8,822)	(7,838)	(7,211)
Payments for long-term debt	0	(30,139)	(5,368)
Net cash used in financing activities	(8,822)	(37,977)	(12,579)
Net increase in cash and cash equivalents	3,525	29,810	24,596
Cash and cash equivalents at the beginning of year	65,841	36,031	11,435
Cash and cash equivalents at the end of year	69,366	65,841	36,031
Supplemental schedule of cash flow information:
Income taxes paid, net	5,888	5,872	6,818
Interest paid, net	0	444	993
Supplemental schedule of noncash investing activities:
Increase in lease liabilities arising from obtaining right-of-use assets	24,513	2,236	625
Increase in property and equipment through accrued purchases	$ 15	$ 33	$ 5

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Feb. 03, 2019	$ 49,549	$ 213,380	$ 247	$ 263,176
Balance (in Shares) at Feb. 03, 2019	11,785
Net income (loss)		17,083		17,083
Gain on pension settlement, net of tax			(396)	(396)
Unrealized gain loss on defined benefit plan, net of tax			(564)	(564)
Cash dividends paid and accrued		(7,211)		(7,211)
Restricted stock grants, net of forfeitures	$ 344			344
Restricted stock grants, net of forfeitures (in Shares)	53
Restricted stock compensation cost	$ 790			790
Recognition of PSUs as equity-based awards	899			899
Balance at Feb. 02, 2020	$ 51,582	223,252	(713)	274,121
Balance (in Shares) at Feb. 02, 2020	11,838
Net income (loss)		(10,426)		(10,426)
Unrealized gain loss on defined benefit plan, net of tax			(95)	(95)
Cash dividends paid and accrued		(7,838)		(7,838)
Restricted stock grants, net of forfeitures	$ 169			169
Restricted stock grants, net of forfeitures (in Shares)	50
Restricted stock compensation cost	$ 809			809
Recognition of PSUs as equity-based awards	763			763
Balance at Jan. 31, 2021	$ 53,323	204,988	(808)	$ 257,503
Balance (in Shares) at Jan. 31, 2021	11,888			11,888
Net income (loss)		11,718		$ 11,718
Unrealized gain loss on defined benefit plan, net of tax			757	757
Cash dividends paid and accrued		(8,822)		(8,822)
Restricted stock grants, net of forfeitures	$ (126)			(126)
Restricted stock grants, net of forfeitures (in Shares)	34
Restricted stock compensation cost	$ 1,074			1,074
Recognition of PSUs as equity-based awards	502			502
PSU awards	(1,478)			(1,478)
Balance at Jan. 30, 2022	$ 53,295	$ 207,884	$ (51)	$ 261,128
Balance (in Shares) at Jan. 30, 2022	11,922			11,922

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Statement of Stockholders' Equity [Abstract]
Gain on pension settlement, tax	$ 0	$ 0	$ (124)
Unrealized gain loss on defined benefit plan, tax	$ 237	$ (30)	$ (176)
Cash dividends paid and accrued, per share (in Dollars per share)	$ 0.74	$ 0.66	$ 0.61

RECENTLY ADOPTED ACCOUNTING STANDARDS

12 Months Ended

Jan. 30, 2022

Accounting Standards Update and Change in Accounting Principle [Abstract]

Accounting Standards Update and Change in Accounting Principle [Text Block]

NOTE 1 – RECENTLY ADOPTED ACCOUNTING STANDARDS

In August 2018, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2018-14, Compensation —Retirement Benefits —Defined Benefit Plans —General (Subtopic 715-20) —Disclosure Framework —Changes to the Disclosure Requirements for Defined Benefit Plans (“ASU 2018-14”). The amendments in this update change the disclosure requirements for employers that sponsor defined benefit pension and/or other post-retirement benefit plans. It eliminates requirements for certain disclosures that are no longer considered cost beneficial and requires new disclosures that the FASB considers pertinent. The guidance is effective for fiscal years ending after December 15, 2020. We adopted this guidance in the fiscal 2022 first quarter. The adoption of ASU 2018-14 did not have a material impact on our consolidated financial statements or disclosures.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-URI https://asc.fasb.org/topic&trid=2122394

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126987489&loc=SL124442142-165695

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(1)
-URI https://asc.fasb.org/extlink&oid=126986314&loc=SL124402458-218513

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iii)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(4)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(ii)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(i)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(2)
-URI https://asc.fasb.org/extlink&oid=126986314&loc=SL124402458-218513

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iv)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 5
-Subparagraph (SAB Topic 11.M.Q2)
-URI https://asc.fasb.org/extlink&oid=122038215&loc=d3e31137-122693

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (h)(2)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(2)
-URI https://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=125980421&loc=SL122150809-237846

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(2)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=122038215&loc=SL108384541-122693

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 10
-Section 65
-Paragraph 5
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=128293352&loc=SL126838806-209984

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(2)
-URI https://asc.fasb.org/extlink&oid=126983955&loc=SL121967933-165497

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (c)(2)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL126732908-238011

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 10
-Section 65
-Paragraph 5
-Subparagraph (f)(3)
-URI https://asc.fasb.org/extlink&oid=128293352&loc=SL126838806-209984

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL126732908-238011

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=126983955&loc=SL121967933-165497

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (c)(3)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL126732908-238011

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(3)
-URI https://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(3)
-URI https://asc.fasb.org/extlink&oid=126983955&loc=SL121967933-165497

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 2
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=125980421&loc=SL125981372-237846

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(1)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(3)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Jan. 30, 2022

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business

Hooker Furnishings Corporation and subsidiaries (the “Company,” “we,” “us” and “our”) design, import, manufacture and market residential household furniture, hospitality and contract furniture for sale to wholesale and retail merchandisers located principally in North America.

Consolidation

The consolidated financial statements include the accounts of Hooker Furnishings Corporation and our wholly owned subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation. All references to the Company refer to the Company and our consolidated subsidiaries, unless specifically referring to segment information.

Operating Segments

As a public 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.

For financial reporting purposes, we are organized into three operating 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 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;

■

Domestic Upholstery, which includes the domestic upholstery manufacturing operations of Bradington-Young, Sam Moore and Shenandoah Furniture; and

■

All Other, consisting of H Contract and Lifestyle Brands. Neither of these operating segments were individually reportable; therefore, we combined them in “All Other” in accordance with ASC 280.

Cash and Cash Equivalents

We consider cash on hand, demand deposits in banks and all highly liquid investments with an original maturity of three months or less to be cash and cash equivalents.

Trade Accounts Receivable

Substantially all of our trade accounts receivable are due from retailers and dealers that sell residential home furnishings or commercial purchasers of our hospitality and senior living products, and consist of a large number of entities with a broad geographic dispersion. We perform credit evaluations of our customers and generally do not require collateral.

These trade accounts receivable are reported net of customer allowances and an allowance for doubtful accounts.

Reserves for customer allowances comprise the majority of the reduction of our gross trade accounts receivable to the estimated fair value reported on the face of our financial statements. We regularly review and revise customer allowances based on unprocessed claims received and current and historical activity and any agreements made with specific customers. In the Home Meridian segment, Clubs channel customers drive most of the customer allowance activity due to their consumer-facing product return policies. We base anticipated future claims on historical experience with these customers.

We regularly review and revise accounts receivable for doubtful accounts based upon historical bad debts . 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. In the event a receivable is determined to be potentially uncollectible, we engage collection agencies or law firms to attempt to collect amounts owed to us after all internal collection attempts have ended. Once we have determined the receivable is uncollectible, it is charged against the allowance for doubtful accounts.

Fair Value Measurements

We utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. We determine fair value based on assumptions that we believe market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels:

■

Level 1 Inputs: Unadjusted quoted prices in active markets for identical assets or liabilities accessible to the reporting entity at the measurement date.

■

Level 2 Inputs: Observable inputs other than quoted prices included in Level 1 inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability.

■

Level 3 Inputs: Unobservable inputs for the asset or liability used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at measurement date.

Fair Value of Financial Instruments

The carrying value of certain of our financial instruments (cash and cash equivalents, trade accounts receivable and payable, and accrued liabilities) approximates fair value because of the short-term nature of those instruments. The carrying value of Company-owned life insurance is marked to market each reporting period and any change in fair value is reflected in income for that period. See Note 9 for details.

Inventories

Inventories, consisting of finished furniture for sale, raw materials, manufacturing supplies and furniture in process, are stated at the lower of cost, or market value, with cost determined using the last-in, first-out (LIFO) method. Under this method, inventory is valued at cost, which is determined by applying a cumulative index to current year inventory dollars. We review inventories on hand and record an allowance for slow-moving and obsolete inventory based on historical experience and expected sales.

Property, Plant and Equipment

Property, plant and equipment are stated at cost, less allowances for depreciation. Provision for depreciation has been computed at annual rates using straight-line or declining balance depreciation methods that will amortize the cost of the depreciable assets over their estimated useful lives.

Leases

Leases are classified as either finance leases or operating leases based on criteria in Topic 842. All of our current leases are classified as operating leases. We do not currently have finance leases but could in the future.

Operating lease right-of-use ("ROU") assets and liabilities are recognized on the adoption date based on the present value of lease payments over the remaining lease term. As interest rates are not explicitly stated or implicit in any of our leases, we utilized our incremental borrowing rate at the adoption date of February 4, 2019. For leases without explicitly stated or implicit interest rates that commenced after the adoption date, we use our incremental borrowing rate which was one-month LIBOR at the lease commencement date plus 1.5%. ROU assets also include any lease payments made and exclude lease incentives. Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option.

At the inception of a lease, we allocate the consideration in the contract to each lease and non-lease component based on the component's relative stand-alone price to determine the lease payments. Lease and non-lease components are accounted for separately. Lease expense for operating leases is recognized on a straight-line basis over the lease term. Included in lease expense are any variable lease payments incurred in the period that were not included in the initial lease liability. Some of our real estate leases contain variable lease payments, including payments based on the percentage increase in the Consumer Price Index for Urban Consumers (“CPI-U”). We used February 2019 CPI-U issued by the US Department of Labor’s Bureau of Labor Statistics to measure lease payments and calculate lease liabilities upon adoption of this standard. Additional payments based on the change in an index or rate, or payments based on a change in our portion of the operating expenses, including real estate taxes and insurance, are recorded when incurred.

We have a sub-lease at one of our warehouses. In accordance with the provisions of Topic 842, since we have not been relieved as the primary obligor of the warehouse lease, we cannot net the sublease income against our lease payment to calculate the lease liability and ROU asset. Our practice is to straight-line the sub-lease income over the term of the sublease.

Our leases have remaining lease terms of less than one year to ten years, some of which include options to extend the leases for up to ten years. We have elected not to recognize ROU assets and lease liabilities that arise from short term leases for any class of underlying asset. Short term leases are leases with lease terms of 12 months or less with either (a) no renewal option or (b) a renewal option which we are not reasonably certain to exercise.

Impairment of Long-Lived Assets

Long-lived assets, such as property, plant and equipment and definite-lived assets, are evaluated for impairment annually or more frequently when events or changes in circumstances indicate that the carrying amount of the assets or asset groups may not be recoverable through the estimated undiscounted future cash flows from the use of those assets. When any such impairment exists, the related assets are written down to fair value. Long-lived assets subject to disposal by sale are measured at the lower of their carrying amount or fair value less estimated cost to sell, are no longer depreciated, and are reported separately as “assets held for sale” in the consolidated balance sheets.

Intangible Assets and Goodwill

We own both definite-lived (amortizable) assets and indefinite-lived intangible assets. Our amortizable intangible assets are related to the Shenandoah and Home Meridian acquisitions and includes customer relationships and trademarks. Our indefinite lived assets include goodwill related to the Shenandoah acquisition, as well as the Bradington-Young and Sam Moore tradenames. We may acquire additional amortizable assets and/or indefinite lived intangible assets in the future. Our indefinite-lived intangible assets are not amortized but are tested for impairment annually or more frequently if events or circumstances indicate that the asset might be impaired.

Our goodwill, trademarks and trade names are tested for impairment annually as of the first day of our fourth quarter or more frequently if events or changes in circumstances indicate that the asset might be impaired. Circumstances that could indicate a potential impairment include, but are not limited to:

■

a significant adverse change in the economic or business climate either within the furniture industry or the national or global economy;

■

significant changes in demand for our products;

■

loss of key personnel; and

■

the likelihood that a reporting unit or significant portion of a reporting unit will be sold or otherwise subject to disposal.

The assumptions used to determine the fair value of our intangible assets are highly subjective and judgmental and include long-term growth rates, sales volumes, projected revenues, assumed royalty rates and factors used to develop an applied discount rate. If the assumptions that we use in these calculations differ from actual results, we may realize additional impairment on our intangible assets that may have a material-adverse effect on our results of operations and financial condition.

Cash Surrender Value of Life Insurance Policies

We own seventy-four life insurance policies on certain of our current and former executives and other key employees. These policies had a carrying value of $26.7 million at January 30, 2022 and have a face value of approximately $55 million as of that date. Proceeds from the policies are used to fund certain employee benefits and for other general corporate purposes. We account for life insurance as a component of employee benefits cost. Consequently, the cost of the coverage and any resulting gains or losses related to those insurance policies are recorded as a decrease or increase to operating income. Cash payments that increase the cash surrender value of these policies are classified as investing outflows on the Consolidated Statements of Cash Flows, with amounts paid in excess of the increase in cash surrender value included in operating activities. Gains on life insurance policies, which typically occur at the time a policy is redeemed, are included in the reconciliation of net income to net cash used in or provided by operating activities.

Revenue Recognition

We recognize revenue pursuant to Accounting Standards Codification 606, which requires revenue to be recognized 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. 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. Orders are generally non-cancellable once loaded into a shipping trailer or container.

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.

Net sales are comprised of gross revenues from sales of home furnishings and hospitality furniture products and are recorded net of allowances for trade promotions, estimated product returns, rebate advertising programs and other discounts. Physical product returns are very rare due to the high probability of damages to our products in return transit. 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.

Cost of Sales

The major components of cost of sales are:

■

the cost of imported products purchased for resale;

■

raw materials and supplies used in our domestically manufactured products;

■

labor and overhead costs associated with our domestically manufactured products;

■

the cost of our foreign import operations;

■

charges associated with our inventory reserves;

■

warehousing and certain shipping and handling costs; and

■

all other costs required to be classified as cost of sales.

Selling and Administrative Expenses

The major components of our selling and administrative expenses are:

■

the cost of our marketing and merchandising efforts, including showroom expenses;

■

sales and design commissions;

■

the costs of administrative support functions including, executive management, information technology, human resources and finance; and

■

all other costs required to be classified as selling and administrative expenses.

Advertising

We offer advertising programs to qualified dealers under which we may provide signage, catalogs and other marketing support to our dealers and may reimburse some advertising and other costs incurred by our dealers in connection with promoting our products. The cost of these programs does not exceed the fair value of the benefit received. We charge the cost of point-of-purchase materials (including signage, catalogs, and fabric and leather swatches) to selling and administrative expense as incurred. Advertising costs charged to selling and administrative expense for fiscal years 2022, 2021 and 2020 were $1.9 million, $2.1 million, and $3.4 million, respectively. The costs for other advertising allowance programs are charged against net sales. We also have arrangements with some dealers to reimburse them for a portion of their advertising costs, which provides advertising benefits to us. Costs for these arrangements are expensed as incurred and are netted against net sales in our consolidated statements of operations and comprehensive income.

Earnings Per Share

We use the two-class method to compute basic earnings per share. Under this method we allocate earnings to common shares and participating securities according to their participation rights in dividends declared and undistributed earnings and divide the income available to each class by the weighted average number of common shares for the period in each class. Unvested restricted stock grants made to our non-employee directors and certain employees are considered participating securities because the shares have the right to receive non-forfeitable dividends. Because the participating shares have no obligation to share in net losses, we do not allocate losses to our common shares in this calculation.

Diluted earnings per share reflect the potential dilutive effect of securities that could share in our earnings. Restricted stock awarded to non-employee directors and certain employees and restricted stock units granted to employees that have not yet vested are considered when computing diluted earnings per share. We use the treasury stock method to determine the dilutive effect of both unvested restricted stock and unvested restricted stock units. Shares of unvested restricted stock and unvested restricted stock units under a stock-based compensation arrangement are considered options for purposes of computing diluted earnings per share and are considered outstanding shares as of the grant date for purposes of computing diluted earnings per share even though their exercise may be contingent upon vesting. Those stock-based awards are included in the diluted earnings per share computation even if the non-employee director may be required to forfeit the stock at some future date, or no shares may ever be issued to the employees. Unvested restricted stock and unvested restricted stock units are not included in outstanding common shares in computing basic earnings per share.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of: (i) assets and liabilities, including disclosures regarding contingent assets and liabilities at the dates of the financial statements; and (ii) revenue and expenses during the reported periods. Significant items subject to such estimates and assumptions include useful lives of fixed and intangible assets; allowance for doubtful accounts; deferred tax assets; the valuation of fixed assets and goodwill; our pension and supplemental retirement income plans; and stock-based compensation. These estimates and assumptions are based on our best judgments. We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which we believe to be reasonable under the circumstances. We adjust our estimates and assumptions as facts and circumstances dictate. Actual results could differ from our estimates.

FISCAL YEAR

12 Months Ended

Jan. 30, 2022

Accounting Policies [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

NOTE 3- FISCAL YEAR

Our fiscal years end on the Sunday closest to January 31. In some years, generally once every six years, the fourth quarter will be fourteen weeks long and the fiscal year will consist of fifty-three weeks. The 2019 fiscal year that ended on February 3, 2019 was a 53-week fiscal year. Our quarterly periods are based on thirteen-week “reporting periods,” which end on Sundays. As a result, each quarterly period generally will be thirteen weeks, or 91 days long, except during a 53-week fiscal year which will have 14 weeks in the fourth quarter.

In the notes to the consolidated financial statements, references to the:

■

2022 fiscal year and comparable terminology mean the fiscal year that began February 1, 2021 and ended January 30, 2022;

■

2021 fiscal year and comparable terminology mean the fiscal year that began February 3, 2020 and ended January 31, 2021;

■

2020 fiscal year and comparable terminology mean the fiscal year that began February 4, 2019 and ended February 2, 2020.

DOUBTFUL ACCOUNTS AND CUSTOMER ALLOWANCES

12 Months Ended

Jan. 30, 2022

Disclosure Text Block Supplement [Abstract]

Allowance for Credit Losses [Text Block]

NOTE 4 – DOUBTFUL ACCOUNTS AND CUSTOMER ALLOWANCES

The activity in the allowance for doubtful accounts was:

	Fifty-Two Weeks Ended
	January 30,			January 31,		February 2,
	2022			2021		2020
Balance at beginning of year	$	2,338		$	903	$	908
Non-cash charges to cost and expenses		(76	)		1,262		417
Less uncollectible receivables written off, net of recoveries		(246	)		173		(422	)
Balance at end of year	$	2,016		$	2,338	$	903

The activity in customer allowances was:

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Balance at beginning of year	$	6,993		$	3,493		$	4,267
Charges to cost and expenses		23,766			29,243			31,815
Less allowances applied		(23,305	)		(25,666	)		(32,511	)
Less uncollectible receivables written off, net of recoveries		(170	)		(77	)		(78	)
Balance at end of year	$	7,284		$	6,993		$	3,493

ACCOUNTS RECEIVABLE

12 Months Ended

Jan. 30, 2022

Receivables [Abstract]

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

NOTE 5 – ACCOUNTS RECEIVABLE

	January 30,			January 31,
	2022			2021

Gross accounts receivable	$	83,027		$	92,621
Customer allowances		(7,284	)		(6,993	)
Allowance for doubtful accounts		(2,016	)		(2,338	)
Trade accounts receivable	$	73,727		$	83,290

INVENTORIES

12 Months Ended

Jan. 30, 2022

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

NOTE 6 – INVENTORIES

	January 30,			January 31,
	2022			2021
Finished furniture	$	89,066		$	81,290
Furniture in process		2,314			1,397
Materials and supplies		13,179			9,639
Inventories at FIFO		104,559			92,326
Reduction to LIFO basis		(29,536	)		(22,167	)
Inventories	$	75,023		$	70,159

If the first-in, first-out (FIFO) method had been used in valuing all inventories, net income would have been $17.4 million in fiscal 2022, net loss would have been $11.1 million in fiscal 2021, and net income would have been $19.5 million in fiscal 2020. We recorded LIFO expense of $7.4 million in fiscal 2022, LIFO income of $1.3 million in fiscal 2021, and LIFO expense of $3.1 million in fiscal 2020.

At January 30, 2022 and January 31, 2021, we had $8.9 million and $6.7 million, respectively, in consigned inventories, which are included in the “Finished furniture” line in the table above.

At January 30, 2022, we held $11.1 million in inventory outside of the United States, in Vietnam and China. At January 31, 2021, we held $11.3 million in inventory outside of the United States, in Vietnam and China.

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jan. 30, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 7 – PROPERTY, PLANT AND EQUIPMENT

	Depreciable Lives	January 30,			January 31,
	(In years)	2022			2021

Buildings and land improvements	15 - 30	$	32,030		$	31,316
Computer software and hardware	3 - 10		15,648			15,012
Machinery and equipment	10		10,390			9,314
Leasehold improvements	Term of lease		10,984			10,005
Furniture and fixtures	3 - 8		5,829			2,614
Other	5		676			651
Total depreciable property at cost			75,557			68,912
Less accumulated depreciation			(49,077	)		(44,098	)
Total depreciable property, net			26,480			24,814
Land			1,077			1,077
Construction-in-progress			501			889
Property, plant and equipment, net		$	28,058		$	26,780

Depreciation expense for fiscal 2022, 2021 and 2020 was $5.4 million, $4.4 million and $4.7 million, respectively.

Capitalized Software Costs

Certain costs incurred in connection with developing or obtaining computer software for internal use are capitalized. These costs are amortized over periods of ten years or less. Capitalized software is reported as a component of computer software and hardware above and on the property, plant, and equipment line of our consolidated balance sheets. The activity in capitalized software costs was:

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Balance beginning of year	$	3,211		$	4,277		$	5,123
Additions		65			33			286
Amortization expense		(1,053	)		(1,099	)		(1,132	)
Disposals		-			-			-
Balance end of year	$	2,223		$	3,211		$	4,277

INTANGIBLE ASSETS AND GOODWILL

12 Months Ended

Jan. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

NOTE 8 – INTANGIBLE ASSETS AND GOODWILL

Our goodwill, some trademarks and trade names have indefinite useful lives and, consequently, are not subject to amortization for financial reporting purposes but are tested for impairment annually or more frequently if events or circumstances indicate that the asset might be impaired.

Our non-amortizable intangible assets consist of:

■

Goodwill and trademarks and tradenames related to the Home Meridian and Shenandoah acquisitions; and

■

Trademarks and tradenames related to the acquisitions of Bradington-Young (acquired in 2002), Sam Moore (acquired in 2007) and Home Meridian (acquired in 2016).

We review goodwill annually for impairment or more frequently if events or circumstances indicate that it might be impaired.

In accordance with ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, we perform our annual goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. Management judgment is a significant factor in the goodwill impairment evaluation process. The computations require management to make estimates and assumptions, the most critical of which are potential future cash flows and the appropriate discount rate.

In conjunction with our evaluation of the cash flows generated by the Home Meridian, Bradington-Young and Sam Moore reporting units, we evaluated the carrying value of trademarks and trade names using the relief from royalty method, which values the trademark/trade name by estimating the savings achieved by ownership of the trademark/trade name when compared to licensing the mark/name from an independent owner. The inputs used in the trademark/trade name analyses are considered Level 3 fair value measurements.

The adverse economic effects brought on by the COVID-19 pandemic, including reductions in our sales, earnings and market value, as well as other changing market dynamics, required that we perform a valuation of our intangible assets in the 2021 first quarter. The calculation methodology for the fair value of our Home Meridian segment’s and the Shenandoah division of our Domestic Upholstery segment’s goodwill included three approaches: the Discounted Cash Flow Method (DCF) which was given the largest weighting, the Guideline Public Company Method (GPCM) based on the consideration of the facts of the Company’s peer competitors and the Guideline Transaction Method (GTM) based on consideration of transactions with varying risk profiles, geographies and market conditions. The income approach, specifically the relief from royalty method, was used as the valuation methodology for our trade names and trademarks, based on cash flow projections and growth rates for each trade name for five years in the future provided by management, and a royalty rate benchmark for companies with similar activities. As a result of our intangible asset valuation analysis, in the first quarter of fiscal 2021, we recorded $44.3 million non-cash impairment charges including $23.2 million to Home Meridian goodwill, $16.4 million to Shenandoah goodwill and $4.8 million to certain of Home Meridian segment’s trade names.

Based on our internal analyses at January 30, 2022, the fair values of our non-amortizable trademarks and trade names exceeded their carrying values and we concluded that Shenandoah goodwill in the Domestic Upholstery segment is not impaired.

Details of our non-amortizable intangible assets are as follows:

		Fifty-Two Weeks Ended
		January 30, 2022						January 31, 2021
Non-amortizable Intangible Assets	Segment	Beginning Balance		Impairment Charges		Net Book Value		Beginning Balance		Impairment Charges			Net Book Value
Goodwill	Domestic Upholstery	$	490	$	-	$	490	$	16,871	$	(16,381	)	$	490
Goodwill	Home Meridian		-		-		-		23,187		(23,187	)		-
Total Goodwill			490		-		490		40,058		(39,568	)		490

Trademarks and trade names - Home Meridian	Home Meridian		6,650		-		6,650		11,400		(4,750	)		6,650
Trademarks and trade names - Bradington-Young	Domestic Upholstery		861		-		861		861		-			861
Trademarks and trade names - Sam Moore	Domestic Upholstery		396		-		396		396		-			396
Total Trademarks and trade names		$	7,907	$	-	$	7,907	$	12,657	$	(4,750	)	$	7,907

Total non-amortizable assets		$	8,397	$	-	$	8,397	$	52,715	$	(44,318	)	$	8,397

Our amortizable intangible assets are recorded in the Home Meridian and in Domestic Upholstery segments. The carrying amounts and changes therein of those amortizable intangible assets were as follows:

	Amortizable Intangible Assets
	Customer
	Relationships			Trademarks			Totals

Balance at January 31, 2021	$	17,672		$	658		$	18,330
Amortization		(2,324	)		(60	)		(2,384	)
Balance at January 30, 2022	$	15,348		$	598		$	15,946

The estimated amortization expense associated with our amortizable intangible assets is expected to be as follows:

Fiscal Year	Amount

2023		2,384
2024		2,384
2025		2,359
2026		2,359
2027		2,359
2028 and thereafter		4,101
	$	15,946

FAIR VALUE MEASUREMENTS

12 Months Ended

Jan. 30, 2022

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

NOTE 9 – 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 January 30, 2022, and January 31, 2021, 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.

Our assets measured at fair value on a recurring basis at January 30, 2022 and January 31, 2021, were as follows

	Fair value at January 30, 2022								Fair value at January 31, 2021
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	$	-	$	26,479	$	-	$	26,479	$	-	$	25,365	$	-	$	25,365

- 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

LEASES

12 Months Ended

Jan. 30, 2022

Disclosure Text Block [Abstract]

Lessee, Operating Leases [Text Block]

NOTE 10 – LEASES

In fiscal 2020, we adopted Accounting Standards Codification Topic 842 Leases. We have a sub-lease at one of our warehouses and we recognized sub-lease income of $890,000, $576,000 and $405,000 in fiscal 2022, fiscal 2021 and fiscal 2020, respectively.

The components of lease cost and supplemental cash flow information for leases in fiscal 2022, 2021 and 2020 were:

	Fifty-two Weeks Ended
	January 30, 2022		January 31, 2021		February 2, 2020
Operating lease cost	$	8,144	$	8,367	$	8,408
Variable lease cost		208		146		153
Short-term lease cost		117		291		581
Total operating lease cost	$	8,469	$	8,804	$	9,142


Operating cash outflows	$	7,730	$	7,921	$	8,725

The right-of-use assets and lease liabilities recorded on our Consolidated Balance Sheets as of January 30, 2022 and January 31, 2021 were:

	January 30, 2022		January 31, 2021
Real estate	$	50,749	$	33,651
Property and equipment		1,105		962
Total operating leases right-of-use assets	$	51,854	$	34,613


Current portion of operating lease liabilities	$	7,471	$	6,650
Long term operating lease liabilities		46,570		29,441
Total operating lease liabilities	$	54,041	$	36,091

The increase in right-of-use assets and lease liabilities is primarily due to the commencement of the operating lease at our new warehouse facility in Georgia during the fiscal 2022 third quarter. Weighted-average remaining lease term is 8.3 years. We used our incremental borrowing rate which is LIBOR plus 1.5% at the adoption date. The weighted-average discount rate is 1.91%.

The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the consolidated balance sheet at January 30, 2022:

Fiscal Year	Undiscounted Future Operating Lease Payments
2023	$	8,414
2024		7,098
2025		7,140
2026		7,213
2027		6,850
2028 and thereafter		21,805
Total lease payments	$	58,520
Less: impact of discounting		(4,479	)
Present value of lease payments	$	54,041

As of January 30, 2022, the Company had an additional lease for a showroom in High Point, North Carolina. This lease is expected to commence in Fall of calendar 2022 with an initial lease term of 10 years and estimated future minimum rental commitments of approximately $23.7 million. Since the lease has not yet commenced, the undiscounted amounts are not included in the table above.

LONG-TERM DEBT

12 Months Ended

Jan. 30, 2022

Debt Disclosure [Abstract]

Long-Term Debt [Text Block]

NOTE 11 – LONG-TERM DEBT

We paid off the term loans which were related to the Home Meridian acquisition in fiscal 2021 and currently have a $35 million revolving credit facility (“Existing Revolver”). The Existing Revolver is based on successive past amendments to previous BofA banking agreements which are collectively referred to as the “Previous Agreements.” Details of our Existing Revolver are outlined below:

■

The Existing Revolver is available between January 27, 2021 and February 1, 2026 or such earlier date as the availability may terminate or such later date as BofA may from time to time in its sole discretion designate in any extension notice;

■

During the availability period, BofA will provide a line of credit to the maximum amount of the Existing Revolver;

■

The sublimit of the Existing Revolver available for the issuance of letters of credit was increased to $10 million;

■

The actual daily amount of undrawn letters of credit is subject to a quarterly fee equal to a per annum rate of 1%;

■

We may, on a one-time basis, request an increase in the Existing Revolver by an amount not to exceed $30 million at BofA’s discretion; and

■

Any amounts outstanding under the Existing Revolver bear interest at a rate, equal to the then current LIBOR monthly rate (adjusted periodically) plus 1.00%. We must also pay a quarterly unused commitment fee at a rate of 0.15% determined by the actual daily amount of credit outstanding during the applicable quarter.

The loan covenants agreed to under the Second Amended and Restated Loan Agreement continue to apply to us. They include customary representations and warranties and requires us to comply with customary covenants, including, among other things, the following financial covenants:

●

Maintain a ratio of funded debt to EBITDA not exceeding 2.00:1.00.

●

A basic fixed charge coverage ratio of at least 1.25:1.00; and

●

Limit capital expenditures to no more than $15.0 million during any fiscal year.

They also limit our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. They do not restrict our ability to pay cash dividends on, or repurchase shares of our common stock, subject to our compliance with the financial covenants discussed above, if we are not otherwise in default under the agreements.

We were in compliance with each of these financial covenants at January 30, 2022.

As of January 30, 2022, we had an aggregate $27.9 million available under the Existing Revolver to fund working capital needs. Standby letters of credit in the aggregate amount of $7.1 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under the Existing Revolver as of January 30, 2022. There were no additional borrowings outstanding under the Existing Revolver as of January 30, 2022.

EMPLOYEE BENEFIT PLANS

12 Months Ended

Jan. 30, 2022

Retirement Benefits [Abstract]

Retirement Benefits [Text Block]

NOTE 12 – EMPLOYEE BENEFIT PLANS

Employee Savings Plans

We sponsor a tax-qualified 401(k) retirement plan covering substantially all employees. This plan assists employees in meeting their savings and retirement planning goals through employee salary deferrals and discretionary employer matching contributions. Our contributions to the plan amounted to $1.4 million in fiscal 2022, $1.3 million in fiscal 2021, and $1.4 million in fiscal 2020.

Executive Benefits

SRIP and SERP Overview

We maintain two “frozen” retirement plans, which are paying benefits and may include active employees among the participants but we do not expect to add participants to these plans in the future. The two plans include:

■

a supplemental retirement income plan (“SRIP”) for certain former and current executives of Hooker Furnishings Corporation; and

■

the Pulaski Furniture Corporation Supplemental Executive Retirement Plan (“SERP”) for certain former executives.

SRIP and SERP

The SRIP provides monthly payments to participants or their designated beneficiaries based on a participant’s “final average monthly earnings” and “specified percentage” participation level as defined in the plan, subject to a vesting schedule that may vary for each participant. The benefit is payable for a 15-year period following the participant’s termination of employment due to retirement, disability or death. In addition, the monthly retirement benefit for each participant, regardless of age, becomes fully vested and the present value of that benefit is paid to each participant in a lump sum upon a change in control of the Company as defined in the plan. The SRIP is unfunded and all benefits are payable solely from our general assets. The plan liability is based on the aggregate actuarial present value of the vested benefits to which participating employees are currently entitled but based on the employees’ expected dates of separation or retirement. No employees have been added to the plan since 2008 and we do not expect to add additional employees in the future, due to changes in our compensation philosophy, which emphasizes more performance-based compensation measures in total management compensation.

The SERP provides monthly payments to eight retirees or their designated beneficiaries based on a defined benefit formula as defined in the plan. The benefit is payable for the life of the retiree with the following forms available as a reduced monthly benefit: Ten-year Certain and Life; 50% or 100% Joint and Survivor Annuity. The SERP is unfunded and all benefits are payable solely from our general assets. The plan liability is based on the aggregate actuarial present value of the benefits to which retired employees are currently entitled. No employees have been added to the plan since 2006 and we do not expect to add additional employees in the future.

Summarized SRIP and SERP information as of each fiscal year-end (the measurement date) is as follows:

	SRIP (Supplemental Retirement Income Plan)
	January 30,			January 31,
	2022			2021
Change in benefit obligation:
Beginning projected benefit obligation	$	10,572		$	10,256
Service cost		133			128
Interest cost		178			249
Benefits paid		(904	)		(591	)
Actuarial (gain)/ loss		(553	)		530
Ending projected benefit obligation (funded status)	$	9,426		$	10,572

Accumulated benefit obligation	$	9,277		$	10,421

Discount rate used to value the ending benefit obligations:		1.75	%		1.75	%

Amount recognized in the consolidated balance sheets:
Current liabilities (Accrued salaries, wages and benefits line)	$	877		$	877
Non-current liabilities (Deferred compensation line)		8,549			9,695
Total	$	9,426		$	10,572

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Net periodic benefit cost
Service cost	$	133		$	128		$	104
Interest cost		178			249			351
Net loss		402			338			149
Net periodic benefit cost	$	713		$	715		$	604


Other changes recognized in accumulated other comprehensive income
Net (gain) / loss arising during period		(553	)		530			716
Amortizations:
Gain (loss)		(402	)		(338	)		(149	)
Total recognized in other comprehensive loss (income)		(955	)		192			567

Total recognized in net periodic benefit cost and accumulated other comprehensive income	$	(242	)	$	907		$	1,171

Assumptions used to determine net periodic benefit cost:
Discount rate		1.75	%		2.50	%		3.75	%
Increase in future compensation levels		4.00	%		4.00	%		4.00	%

Estimated Future Benefit Payments:

Fiscal 2023

877

Fiscal 2024

957

Fiscal 2025

957

Fiscal 2026

957

Fiscal 2027

783

Fiscal 2028 through fiscal 2032

4,126

For the SRIP, the discount rate used to determine the fiscal 2022 net periodic cost was 1.75%, based on the Mercer yield curve and the plan’s expected benefit payments. At January 30, 2022, combining the Mercer yield curve and the plan's expected benefit payments resulted in a rate of 1.75%. This rate was used to value the ending benefit obligations.

At January 30, 2022, the actuarial gain related to the SRIP amounted to $553,000, net of tax of $237,000. At January 31, 2021, the actuarial losses related to the SRIP amounted to $530,000, net of tax of $338,000. The estimated actuarial gain that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the 2023 fiscal year is $83,310. There is no expected prior service (cost) or credit amortization.

	SERP (Supplemental Executive Retirement Plan)
	January 30,			January 31,
	2022			2021
Change in benefit obligation:
Beginning projected benefit obligation	$	1,681		$	1,860
Service cost		-			-
Interest cost		34			46
Benefits paid		(145	)		(158	)
Actuarial (gain)/loss		(39	)		(67	)
Ending projected benefit obligation (funded status)	$	1,531		$	1,681

Accumulated benefit obligation	$	1,531		$	1,681

Discount rate used to value the ending benefit obligations:		2.10	%		2.10	%

Amount recognized in the consolidated balance sheets:
Current liabilities (Accrued salaries, wages and benefits line)	$	156		$	156
Non-current liabilities (Deferred compensation line)		1,375			1,525
Total	$	1,531		$	1,681

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Net periodic benefit cost
Service cost	$	-		$	-		$	-
Interest cost		34			46			67
Net gain					-			(5	)
Net periodic benefit cost	$	34		$	46		$	62


Other changes recognized in accumulated other comprehensive income
Net (gain)/loss arising during period		(39	)		(67	)		168
Amortizations:
Gain (Loss)		-			-			5
Total recognized in other comprehensive loss (income)		(39	)		(67	)		173

Total recognized in net periodic benefit cost and
accumulated other comprehensive income	$	(5	)	$	(21	)	$	235

Assumptions used to determine net periodic benefit cost:
Discount rate		2.80	%		2.60	%		3.90	%
Increase in future compensation levels		N/A			N/A			N/A

Estimated Future Benefit Payments:

Fiscal 2023

155

Fiscal 2024

151

Fiscal 2025

145

Fiscal 2026

139

Fiscal 2027

133

Fiscal 2028 through fiscal 2032

553

For the SERP, the discount rate assumption used to measure the projected benefit obligations is set by reference to a certain hypothetical AA-rated corporate bond spot-rate yield curve constructed by our actuary, Aon (“Aon”) and the plan’s projected cash flows, rounded to the nearest 10 bps. At January 31, 2021, combining the Aon AA Above Median yield curve and the plan's expected benefit payments created a rate of 2.10%. This rate was used to value the ending benefit obligations. At January 30, 2022, combining the Aon AA Above Median yield curve and the plan's expected benefit payments created a rate of 2.80%. The change in the discount rate from 2.10% to 2.80% decreased liabilities.

At January 30, 2022, the actuarial gain related to the SERP was $39,000. At January 31, 2021, the actuarial gain related to the SERP was $67,000.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI https://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section S99
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=21916913&loc=d3e273930-122802

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (o)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (p)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 70
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI https://asc.fasb.org/topic&trid=2235017

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=6414203&loc=d3e39689-114964

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (q)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (l)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

+ Details

SHARE-BASED COMPENSATION

12 Months Ended

Jan. 30, 2022

Share-Based Payment Arrangement [Abstract]

Share-Based Payment Arrangement [Text Block]

NOTE 13 – SHARE-BASED COMPENSATION

Our Stock Incentive Plan permits incentive awards of restricted stock, restricted stock units, stock appreciation rights and performance grants to key employees. A maximum of 750,000 shares of the Company’s common stock is authorized for issuance under the Stock Incentive Plan. The Stock Incentive Plan also provides for annual restricted stock awards to non-employee directors. We have issued restricted stock awards to our non-employee directors since January 2006 and certain other management employees since 2014.

We account for restricted stock awards as “non-vested equity shares” until the awards vest or are forfeited. Restricted stock awards to non-employee directors and certain other management employees vest if the director/employee remains on the board/employed through the specified vesting period for shares and may vest earlier upon certain events specified in the plan. For shares issued to non-employee directors during fiscal 2016 and after, there is a 12-month service period. The fair value of each share of restricted stock is the market price of our common shares on the grant date. The weighted average grant-date fair values of restricted stock awards issued during fiscal 2022 were $37.20 and $40.00, during fiscal 2021 were $13.92, $19.20 and $29.34, during fiscal 2020 were $29.77, $29.21 and $19.87, respectively.

The restricted stock awards outstanding as of January 30, 2022 had an aggregate grant-date fair value of $1.7 million, after taking vested and forfeited restricted shares into account. As of January 30, 2022, we have recognized non-cash compensation expense of approximately $996,000 related to these non-vested awards and $2.6 million for awards that have vested. The remaining $692,000 of grant-date fair value for unvested restricted stock awards outstanding at January 30, 2022 will be recognized over the remaining vesting periods for these awards. The number of outstanding restricted shares increased due primarily to grants of restricted shares to a larger population of our non-executive employees as an incentive for retention and alignment of individual performance to our values.

For each restricted stock issuance, the following table summarizes restricted stock activity, including the weighted average issue price of those shares on the grant date, the fair value of each grant of restricted stock on the grant date, compensation expense recognized for the unvested shares of restricted stock for each grant and the remaining fair value of the unvested shares of restricted stock for each grant as of January 30, 2022:

	Whole			Grant-Date		Aggregate			Compensation		Grant-Date Fair Value
	Number of			Fair Value		Grant-Date			Expense		Unrecognized At
	Shares			Per Share		Fair Value			Recognized		January 30, 2022
Previous Awards (vested)									$	2,580

Restricted shares Issued on April 17, 2019		15,939			29.80		475			356		21
Forfeited		(3,275	)				(98	)
Partial vested due to separation		(415	)

Restricted shares Issued on May 8, 2019		1,027			29.21		30			27		3

Restricted shares Issued on April 7, 2020		23,484			13.92		327			167		108
Forfeited		(3,718	)				(52	)

Restricted shares Issued on October 19, 2020		1,022			29.34		30			13		17

Restricted shares Issued on April 8, 2021		16,613			37.20		618			154		402
Forfeited		(1,677	)				(62	)

Restricted shares Issued on June 3, 2021		12,000			40.00		480			279		141
Forfeited		(1,500	)				(60	)


Awards outstanding at January 30, 2022:		59,500				$	1,688		$	996	$	692

We have awarded time-based restricted stock units to certain senior executives since 2011. Each restricted stock unit, or “RSU”, entitles the executive to receive one share of the Company’s common stock if he remains continuously employed with the Company through the end of a three-year service period. The RSUs may be paid in shares of the Company’s common stock, cash or both, at the discretion of the Compensation Committee. The RSUs are accounted for as “non-vested stock grants.” Similar to the restricted stock grants issued to our non-employee directors, RSU compensation expense is recognized ratably over the applicable service period. However, unlike restricted stock grants, no shares are issued, or other payment made, until the end of the applicable service period (commonly referred to as “cliff vesting”) and grantees are not entitled to receive dividends on their RSUs during that time. The fair value of each RSU is the market price of a share of our common stock on the grant date, reduced by the present value of the dividends expected to be paid on a share of our common stock during the applicable service period, discounted at the appropriate risk-free rate.

The following table presents RSU activities for the year ended January 30, 2022:

	Whole			Grant-Date		Aggregate			Compensation		Grant-Date Fair Value
	Number of			Fair Value		Grant-Date			Expense		Unrecognized At
	Units			Per Unit		Fair Value			Recognized		January 30, 2022
Previous Awards (vested)									$	1,062

RSUs Awarded on April 17, 2019		10,196			28.05		286			178		12
Forfeited		(3,436	)				(96	)
Partial vested due to separation		(2,549	)

RSUs Awarded on April 7, 2020		17,672		$	12.01		212			76		50
Forfeited		(7,183	)				(86	)
Partial vested due to separation		(1,437	)

RSUs Awarded on April 8, 2021		8,186			35.05		287			61		160
Forfeited		(1,882	)				(66	)

RSUs for retention Awarded on April 8, 2021		4,865			35.05		171			31		83
Forfeited		(1,613	)				(57	)

Awards outstanding at January 30, 2022:		22,819				$	651		$	346	$	305

We have issued Performance-based Restricted Stock Units (“PSUs”) to our named executive officers since fiscal 2019 under the Company’s Stock Incentive Plan. Each PSU entitles the executive officer to receive one share of our common stock based on the achievement of two specified performance conditions if the executive officer remains continuously employed through the end of the three-year performance period. One target is based on our annual average growth in our EPS over the performance period and the other target is based on EPS growth over the performance period compared to our peers. The payout or settlement of the PSUs will be made in shares of our common stock. PSUs awarded in fiscal 2019 and fiscal 2020 were forfeited as the performance targets were not met. The following table presents PSU activities for the year ended January 30, 2022:

	Whole			Grant-Date		Aggregate			Compensation		Grant-Date Fair Value
	Number of			Fair Value		Grant-Date			Expense		Unrecognized At
	Units			Per Unit		Fair Value			Recognized		January 30, 2022
Previous Awards (vested)										-

PSUs Awarded on April 7, 2020		69,075			13.92		962			409		128
Forfeited		(30,532	)				(425	)

PSUs Awarded on April 8, 2021		20,243			37.20		753			204		409
Forfeited		(3,764	)				(140	)

Awards outstanding at January 30, 2022:		55,022				$	1,150		$	613	$	537

EARNINGS PER SHARE

12 Months Ended

Jan. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 14 – EARNINGS PER SHARE

We refer you to the Earnings Per Share disclosure in Note 2-Summary of Significant Accounting Policies, above, for more detailed information concerning the calculation of earnings per share.

All stock awards are designed to encourage retention and to provide an incentive for increasing shareholder value. We have issued restricted stock awards to non-employee members of the board of directors since 2006 and to certain non-executive employees since 2014. We have issued 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 have issued Performance-based Restricted Stock Units (“PSUs”) to certain senior executives since fiscal 2019 under the Company’s Stock Incentive Plan. Each PSU entitles the executive officer to receive one share of our common stock based on the achievement of two specified performance conditions if the executive officer remains continuously employed through the end of the three-year performance period. One target is based on our annual average growth in our EPS over the performance period and the other target is based on EPS growth over the performance period compared to our peers. The payout or settlement of the PSUs will be made in shares of our common stock.

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 and PSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated:

	January 30,		January 31,		February 2,
	2022		2021		2020

Restricted shares		59,500		54,747		45,946
RSUs and PSUs		77,841		140,911		73,060
		137,341		195,658		119,006

All restricted shares, RSUs and PSUs 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:

	Fifty-Two Weeks Ended
	January 30,		January 31,			February 2,
	2022		2021			2020

Net income/(loss)	$	11,718	$	(10,426	)	$	17,083
Less: Dividends on unvested restricted shares		46		36			25
Net earnings allocated to unvested restricted stock		61		-			60
Earnings available for common shareholders	$	11,611	$	(10,462	)	$	16,998

Weighted average shares outstanding for basic
earnings per share		11,852		11,822			11,784
Dilutive effect of unvested restricted stock awards		118		*			54
Weighted average shares outstanding for diluted
earnings per share		11,970		11,822			11,838

Basic earnings/(loss) per share	$	0.99	$	(0.88	)	$	1.44

Diluted earnings/(loss) per share	$	0.97	$	(0.88	)	$	1.44

*Due to the fiscal 2021 net loss, approximately 119,000 shares would have been antidilutive and are therefore excluded from the calculation of earnings per share.

INCOME TAXES

12 Months Ended

Jan. 30, 2022

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

NOTE 15 – INCOME TAXES

Our provision for income taxes was as follows for the periods indicated:

	Fifty-Two Weeks Ended
	January 30,		January 31,			February 2,
	2022		2021			2020
Current expense
Federal	$	650	$	5,858		$	2,312
Foreign		107		108			255
State		307		1,154			334
Total current expense		1,064		7,120			2,901

Deferred taxes
Federal		1,980		(9,554	)		1,645
State		344		(1,708	)		298
Total deferred taxes		2,324		(11,262	)		1,943
Income tax expense / (benefit)	$	3,388	$	(4,142	)	$	4,844

Total tax expense for fiscal 2022 was $3.6 million, of which $3.4 million expense was allocated to continuing operations and $200,000 tax expense was allocated to other comprehensive income. Total tax benefit for fiscal 2021 was $4.2 million, of which $4.1 million benefit was allocated to continuing operations and $ 30,000 tax benefit was allocated to other comprehensive income. Total tax expense for fiscal 2020 was $4.5 million, of which $4.8 million expense was allocated to continuing operations and $ 300,000 tax benefit was allocated to other comprehensive income.

The effective income tax rate differed from the federal statutory tax rate as follows for the periods indicated:

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020

Income taxes at statutory rate		21.0	%		21.0	%		21.0	%
Increase (decrease) in tax rate resulting from:
State taxes, net of federal benefit		3.4			3.0			2.4
Officer's life insurance		-1.3			1.7			-1.1
Expiration of capital loss		2.0			0.0			0.0
Change in valuation allowance		-1.9			0.0			0.0
Consolidated Appropriation Act provisions		0.0			1.8			0.0
Other		-0.8			0.9			-0.2
Effective income tax rate		22.4	%		28.4	%		22.1	%

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities for the period indicated were:

	January 30,			January 31,
	2022			2021
Assets
Intangible assets	$	7,212		$	8,057
Deferred compensation		2,807			2,765
Allowance for bad debts		2,079			2,235
Employee benefits		643			848
Loss and credit carryover		88			411
Accrued liabilities		320			511
Deferred rent		618			444
Other		194			369
Total deferred tax assets		13,961			15,640
Valuation allowance		(88	)		(411	)
		13,873			15,229
Liabilities
Property, plant and equipment		1,361			775
Inventories		900			281
Total deferred tax liabilities		2,261			1,056
Net deferred tax assets	$	11,612		$	14,173

At January 30, 2022 and January 31, 2021 our net deferred asset was $11.6 and $14.2 million, respectively. The decrease in the valuation allowance of $323,000 was primarily due to the expiration of a capital loss carryforward. We expect to fully realize the benefit of the deferred tax assets, with the exception of the foreign tax credit carry forward, in future periods when the amounts become deductible. The foreign tax credit carry forward is $88,000 and expires beginning in fiscal 2029.

Current accounting standards prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The guidance also addresses de-recognition, classification, interest and penalties, accounting in interim periods and disclosure. We do not have unrecognized tax benefits as of January 30, 2022.

Tax years ending February 3, 2019 through January 30, 2022 remain subject to examination by federal and state taxing authorities.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI https://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

SEGMENT INFORMATION

12 Months Ended

Jan. 30, 2022

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 16 – SEGMENT INFORMATION

■

better understand our performance;

■

better assess our prospects for future net cash flows; and

■

make more informed judgments about us as a whole.

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 2020, we updated our reportable segments as follows: Domestic upholstery producers Bradington-Young, Sam Moore and Shenandoah Furniture were moved from All other and aggregated into a new reportable segment called “Domestic Upholstery.” All Other now consists of H Contract and Lifestyle Brands. Lifestyle Brands is a business in its start-up phase targeted at the interior designer channel. The Hooker Branded and Home Meridian segments were unchanged. (Fiscal 2020 results shown below have been recast based on the re-composition of our operating segments during the 2020 fourth quarter.) Therefore, for financial reporting purposes, we are organized into three 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;

■

Domestic Upholstery, which includes the domestic upholstery manufacturing operations of Bradington-Young, Sam Moore and Shenandoah Furniture; and

■

All Other, consisting of H Contract and Lifestyle Brands, a new business started in late fiscal 2019. Neither of these operating segments were individually reportable; therefore, we combined them in “All Other” in accordance with ASC 280.

The following table presents segment information for the periods, and as of the dates, indicated. Prior-year information has been recast to reflect the changes in segments discussed above.

	Fifty-Two Weeks Ended
	January 30, 2022						January 31, 2021						February 2, 2020
				% Net						% Net						% Net
Net Sales				Sales						Sales						Sales
Hooker Branded	$	200,692			33.8	%	$	162,442			30.1	%	$	161,990			26.4	%
Home Meridian		278,902			47.0	%		282,423			52.3	%		340,630			55.8	%
Domestic Upholstery		102,283			17.2	%		83,678			15.5	%		95,670			15.7	%
All Other		11,735			2.0	%		11,538			2.1	%		12,534			2.1	%
Consolidated	$	593,612			100	%	$	540,081			100	%	$	610,824			100	%

Gross Profit
Hooker Branded	$	63,146			31.5	%	$	51,832			31.9	%	$	51,462			31.8	%
Home Meridian		15,213			5.5	%		39,832			14.1	%		36,936			10.8	%
Domestic Upholstery		19,471			19.0	%		17,121			20.5	%		21,120			22.1	%
All Other		3,872			33.0	%		3,963			34.4	%		4,440			35.4	%
Consolidated	$	101,702			17.1	%	$	112,748			20.9	%	$	113,958			18.7	%

Operating Income/(Loss)
Hooker Branded	$	30,667			15.3	%	$	22,827			14.1	%	$	21,512			13.3	%
Home Meridian		(21,260	)		-7.6	%		(26,071	)		-9.2	%		(7,169	)		-2.1	%
Domestic Upholstery		4,304			4.2	%		(12,418	)		-14.8	%		6,637			6.9	%
All Other		1,132			9.6	%		1,298			11.3	%		1,727			13.8	%
Consolidated	$	14,843			2.5	%	$	(14,364	)		-2.7	%	$	22,707			3.7	%

Capital Expenditures
Hooker Branded	$	558					$	377					$	690
Home Meridian		4,829						347						496
Domestic Upholstery		1,295						475						3,914
All Other		10						11						29
Consolidated	$	6,692					$	1,210					$	5,129

Depreciation & Amortization
Hooker Branded	$	2,530					$	1,809					$	1,930
Home Meridian		2,594						2,160						2,218
Domestic Upholstery		2,678						2,797						2,938
All Other		12						12						14
Consolidated	$	7,814					$	6,778					$	7,100

	As of January 30,					As of January 31,
	2022		%Total			2021		%Total
Assets			Assets					Assets
Hooker Branded	$	170,968		48.8	%	$	174,475		53.5	%
Home Meridian		130,890		37.4	%		100,497		30.9	%
Domestic Upholstery		47,232		13.5	%		49,370		15.2	%
All Other		1,126		0.3	%		1,204		0.4	%
Consolidated Assets	$	350,216		100	%	$	325,546		100	%
Consolidated Goodwill and Intangibles		24,343					26,727
Total Consolidated Assets	$	374,559				$	352,273

Sales by product type are as follows:

	Net Sales (in thousands)
	Fiscal
	2022				2021				2020

Casegoods	$	348,548	59	%	$	329,906	61	%	$	397,192	65	%
Upholstery		245,064	41	%		210,175	39	%		213,632	35	%
	$	593,612	100	%	$	540,081	100	%	$	610,824	100	%

No significant long-lived assets were held outside the United States at either January 30, 2022 or January 31, 2021. International customers accounted for 2.0% of consolidated invoiced sales in fiscal 2022 and 2021, and 1.6% in fiscal 2020. We define international sales as sales outside of the United States and Canada.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI https://asc.fasb.org/topic&trid=2134510

+ Details

COMMITMENTS, CONTINGENCIES AND OFF BALANCE SHEET ARRANGEMENTS

12 Months Ended

Jan. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

NOTE 17 – COMMITMENTS, CONTINGENCIES AND OFF-BALANCE SHEET ARRANGEMENTS

Commitments and Off-Balance Sheet Arrangements

We lease office space, warehousing facilities, showroom space and office equipment under leases expiring over the next five years. Rent expense, was $10.1 million in fiscal 2022, $10.7 million in fiscal 2021, and $11.2 million in fiscal 2020. Future minimum annual commitments under leases and operating agreements are $9.5 million in fiscal 2023, $8.2 million in fiscal 2024, $8.2 million in fiscal 2025, $8.3 million in fiscal 2026 and $7.8 million in fiscal 2027.

We had letters of credit outstanding totaling $7.1 million on January 30, 2022. We utilize letters of credit to collateralize certain imported inventory purchases and certain insurance arrangements.

In the ordinary course of our business, we may become involved in legal proceedings involving contractual and employment relationships, product liability claims, intellectual property rights and a variety of other matters. We do not believe that any pending legal proceedings will have a material impact on our financial position or results of operations.

Our business is subject to a number of significant risks and uncertainties, including our reliance on offshore sourcing, any of which can adversely affect our business, results of operations, financial condition or future prospects.

CONCENTRATIONS OF RISK

12 Months Ended

Jan. 30, 2022

Risks and Uncertainties [Abstract]

Concentration Risk Disclosure [Text Block]

NOTE 18 – CONCENTRATIONS OF RISK

Imported Products Sourcing

We source imported products through multiple vendors, located in nine countries. Because of the large number and diverse nature of the foreign factories from which we can source our imported products, we have some flexibility in the placement of products in any particular factory or country.

Factories located in Vietnam and China are a critical resource for Hooker Furnishings. In fiscal 2022, imported products sourced from Vietnam and China accounted for 88% of our import purchases and our top five suppliers in those countries accounted for 42% of our fiscal 2022 import purchases. A disruption in our supply chain from Vietnam, China or Malaysia could significantly impact our ability to fill customer orders for products manufactured at that factory or in that country.

Raw Materials Sourcing for Domestic Upholstery Manufacturing

Our five largest domestic upholstery suppliers accounted for 32% of our raw materials supply purchases for domestic upholstered furniture manufacturing operations in fiscal 2022. One supplier accounted for 9.2% of our raw material purchases in fiscal 2022. Should disruptions with these suppliers occur, we believe we could successfully source these products from other suppliers without significant disruption to our operations.

Concentration of Sales and Accounts Receivable

One customer accounted for 8% of our consolidated sales in fiscal 2022. Our top five customers accounted for 26% of our fiscal 2022 consolidated sales. The loss of any one or more of these customers could adversely affect our earnings, financial condition and liquidity. At January 30, 2022, 25% of our consolidated accounts receivable is concentrated in our top five customers.

RELATED PARTY TRANSACTIONS

12 Months Ended

Jan. 30, 2022

NOTE 19- RELATED PARTY TRANSACTIONS

We lease the four properties utilized in Shenandoah’s operations. One of our employees has an ownership interest in the entities that own these properties. The leases commenced on September 29, 2017 with an option to renew each for an additional seven years. All four leases include annual rent escalation clauses with respect to minimum lease payments after the initial 84-month term of the lease is completed. In addition to monthly lease payments, we also incur expenses for property taxes, routine repairs and maintenance and other operating expenses. We paid $784,000 in lease payments to these entities during fiscal 2022.

SUBSEQUENT EVENTS

12 Months Ended

Jan. 30, 2022

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 20- SUBSEQUENT EVENTS

Cash Dividend

On March 1, 2022, our Board of Directors declared a quarterly cash dividend of $0.20 per share, payable on March 31, 2022 to shareholders of record at March 17, 2022.

Sunset West Acquisition

On January 31, 2022, the first day of our 2023 fiscal year, we entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Sunset HWM, LLC (“Sunset West”) and its three members (the “Sunset West Members”) to acquire substantially all of the assets of Sunset West (the “Sunset Acquisition”). Simultaneously, we closed on the transaction by paying $23.5 million in cash and $2 million subject to an escrow arrangement and possible earn-out payments to the Sunset West Members up to an aggregate of $4 million with the closing cash consideration subject to adjustment for customary working capital estimates. Under the Asset Purchase Agreement, the Company also assumed specified liabilities of Sunset West.

Sunset West is a leading West Coast-based manufacturer of outdoor furniture with its headquarters in Vista, California. The transaction enables us to immediately gain market share in the growing outdoor furniture segment of the industry with one of the most respected brands in the category.

Fair Value Estimates of Assets Acquired and Liabilities Assumed

The consideration and components of our initial fair value allocation of the purchase price paid at closing and in the subsequent Net Working Capital Adjustment consisted of the following:

Purchase price consideration

Cash paid for assets acquired	$	23,500
Net working capital excess to working capital target		411
Escrow Fee		(1	)
Earnout		4,000
Total purchase price	$	27,910

Fair value estimates of assets acquired and liabilities assumed:
Net working capital	$	578
Fixed assets		101
Intangible assets		8,170
Goodwill		19,061
Total purchase price	$	27,910

Substantially all of these amounts are subject to subsequent adjustment as we continue to gather information during the measurement period. Certain intangible assets were acquired as part of this transaction. Trademarks, trade names and customer relationships have been assigned preliminary fair values subject to additional analysis during the measurement period. While we are still analyzing Sunset West’s operations and the requirements of ASC 280: Segment Reporting, we anticipate Sunset West will be included in the Domestic Upholstery segment.

Accounting Policies, by Policy (Policies)

12 Months Ended

Jan. 30, 2022

Accounting Policies [Abstract]

Basis of Accounting, Policy [Policy Text Block]

Nature of Business

Consolidation, Policy [Policy Text Block]

Consolidation

Segment Reporting, Policy [Policy Text Block]

Operating Segments

■

better understand our performance;

■

better assess our prospects for future net cash flows; and

■

make more informed judgments about us as a whole.

For financial reporting purposes, we are organized into three operating 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 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;

■

Domestic Upholstery, which includes the domestic upholstery manufacturing operations of Bradington-Young, Sam Moore and Shenandoah Furniture; and

■

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Cash Equivalents

We consider cash on hand, demand deposits in banks and all highly liquid investments with an original maturity of three months or less to be cash and cash equivalents.

Receivable [Policy Text Block]

Trade Accounts Receivable

These trade accounts receivable are reported net of customer allowances and an allowance for doubtful accounts.

Fair Value Measurement, Policy [Policy Text Block]

Fair Value Measurements

■

Level 1 Inputs: Unadjusted quoted prices in active markets for identical assets or liabilities accessible to the reporting entity at the measurement date.

■

Fair Value of Financial Instruments, Policy [Policy Text Block]

Fair Value of Financial Instruments

Inventory, Policy [Policy Text Block]

Inventories

Property, Plant and Equipment, Policy [Policy Text Block]

Property, Plant and Equipment

Lessee, Leases [Policy Text Block]

Leases

Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]

Impairment of Long-Lived Assets

Goodwill and Intangible Assets, Intangible Assets, Indefinite-Lived, Policy [Policy Text Block]

Intangible Assets and Goodwill

■

a significant adverse change in the economic or business climate either within the furniture industry or the national or global economy;

■

significant changes in demand for our products;

■

loss of key personnel; and

■

the likelihood that a reporting unit or significant portion of a reporting unit will be sold or otherwise subject to disposal.

Liability for Future Policy Benefit [Policy Text Block]

Cash Surrender Value of Life Insurance Policies

Revenue [Policy Text Block]

Revenue Recognition

Cost of Goods and Service [Policy Text Block]

Cost of Sales

The major components of cost of sales are:

■

the cost of imported products purchased for resale;

■

raw materials and supplies used in our domestically manufactured products;

■

labor and overhead costs associated with our domestically manufactured products;

■

the cost of our foreign import operations;

■

charges associated with our inventory reserves;

■

warehousing and certain shipping and handling costs; and

■

all other costs required to be classified as cost of sales.

Selling, General and Administrative Expenses, Policy [Policy Text Block]

Selling and Administrative Expenses

The major components of our selling and administrative expenses are:

■

the cost of our marketing and merchandising efforts, including showroom expenses;

■

sales and design commissions;

■

the costs of administrative support functions including, executive management, information technology, human resources and finance; and

■

all other costs required to be classified as selling and administrative expenses.

Advertising Cost [Policy Text Block]

Advertising

Earnings Per Share, Policy [Policy Text Block]

Earnings Per Share

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

DOUBTFUL ACCOUNTS AND CUSTOMER ALLOWANCES (Tables)

12 Months Ended

Jan. 30, 2022

Disclosure Text Block Supplement [Abstract]

Allowance for Doubtful Accounts and Other Accounts Receivable Allowances [Table Text Block]

The activity in the allowance for doubtful accounts was:

	Fifty-Two Weeks Ended
	January 30,			January 31,		February 2,
	2022			2021		2020
Balance at beginning of year	$	2,338		$	903	$	908
Non-cash charges to cost and expenses		(76	)		1,262		417
Less uncollectible receivables written off, net of recoveries		(246	)		173		(422	)
Balance at end of year	$	2,016		$	2,338	$	903

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Balance at beginning of year	$	6,993		$	3,493		$	4,267
Charges to cost and expenses		23,766			29,243			31,815
Less allowances applied		(23,305	)		(25,666	)		(32,511	)
Less uncollectible receivables written off, net of recoveries		(170	)		(77	)		(78	)
Balance at end of year	$	7,284		$	6,993		$	3,493

ACCOUNTS RECEIVABLE (Tables)

12 Months Ended

Jan. 30, 2022

Receivables [Abstract]

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

	January 30,			January 31,
	2022			2021

Gross accounts receivable	$	83,027		$	92,621
Customer allowances		(7,284	)		(6,993	)
Allowance for doubtful accounts		(2,016	)		(2,338	)
Trade accounts receivable	$	73,727		$	83,290

INVENTORIES (Tables)

12 Months Ended

Jan. 30, 2022

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

	January 30,			January 31,
	2022			2021
Finished furniture	$	89,066		$	81,290
Furniture in process		2,314			1,397
Materials and supplies		13,179			9,639
Inventories at FIFO		104,559			92,326
Reduction to LIFO basis		(29,536	)		(22,167	)
Inventories	$	75,023		$	70,159

PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Jan. 30, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

	Depreciable Lives	January 30,			January 31,
	(In years)	2022			2021

Buildings and land improvements	15 - 30	$	32,030		$	31,316
Computer software and hardware	3 - 10		15,648			15,012
Machinery and equipment	10		10,390			9,314
Leasehold improvements	Term of lease		10,984			10,005
Furniture and fixtures	3 - 8		5,829			2,614
Other	5		676			651
Total depreciable property at cost			75,557			68,912
Less accumulated depreciation			(49,077	)		(44,098	)
Total depreciable property, net			26,480			24,814
Land			1,077			1,077
Construction-in-progress			501			889
Property, plant and equipment, net		$	28,058		$	26,780

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Balance beginning of year	$	3,211		$	4,277		$	5,123
Additions		65			33			286
Amortization expense		(1,053	)		(1,099	)		(1,132	)
Disposals		-			-			-
Balance end of year	$	2,223		$	3,211		$	4,277

INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Jan. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

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

Details of our non-amortizable intangible assets are as follows:

		Fifty-Two Weeks Ended
		January 30, 2022						January 31, 2021
Non-amortizable Intangible Assets	Segment	Beginning Balance		Impairment Charges		Net Book Value		Beginning Balance		Impairment Charges			Net Book Value
Goodwill	Domestic Upholstery	$	490	$	-	$	490	$	16,871	$	(16,381	)	$	490
Goodwill	Home Meridian		-		-		-		23,187		(23,187	)		-
Total Goodwill			490		-		490		40,058		(39,568	)		490

Trademarks and trade names - Home Meridian	Home Meridian		6,650		-		6,650		11,400		(4,750	)		6,650
Trademarks and trade names - Bradington-Young	Domestic Upholstery		861		-		861		861		-			861
Trademarks and trade names - Sam Moore	Domestic Upholstery		396		-		396		396		-			396
Total Trademarks and trade names		$	7,907	$	-	$	7,907	$	12,657	$	(4,750	)	$	7,907

Total non-amortizable assets		$	8,397	$	-	$	8,397	$	52,715	$	(44,318	)	$	8,397

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

	Amortizable Intangible Assets
	Customer
	Relationships			Trademarks			Totals

Balance at January 31, 2021	$	17,672		$	658		$	18,330
Amortization		(2,324	)		(60	)		(2,384	)
Balance at January 30, 2022	$	15,348		$	598		$	15,946

Finite-Lived Intangible Assets Amortization Expense [Table Text Block]

The estimated amortization expense associated with our amortizable intangible assets is expected to be as follows:

Fiscal Year	Amount

2023		2,384
2024		2,384
2025		2,359
2026		2,359
2027		2,359
2028 and thereafter		4,101
	$	15,946

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jan. 30, 2022

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 January 30, 2022 and January 31, 2021, were as follows

	Fair value at January 30, 2022								Fair value at January 31, 2021
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	$	-	$	26,479	$	-	$	26,479	$	-	$	25,365	$	-	$	25,365

LEASES (Tables)

12 Months Ended

Jan. 30, 2022

Disclosure Text Block [Abstract]

Lease, Cost [Table Text Block]

The components of lease cost and supplemental cash flow information for leases in fiscal 2022, 2021 and 2020 were:

	Fifty-two Weeks Ended
	January 30, 2022		January 31, 2021		February 2, 2020
Operating lease cost	$	8,144	$	8,367	$	8,408
Variable lease cost		208		146		153
Short-term lease cost		117		291		581
Total operating lease cost	$	8,469	$	8,804	$	9,142


Operating cash outflows	$	7,730	$	7,921	$	8,725

Schedule of Right-of-Use Assets and Lease Liabilities [Table Text Block]

The right-of-use assets and lease liabilities recorded on our Consolidated Balance Sheets as of January 30, 2022 and January 31, 2021 were:

	January 30, 2022		January 31, 2021
Real estate	$	50,749	$	33,651
Property and equipment		1,105		962
Total operating leases right-of-use assets	$	51,854	$	34,613


Current portion of operating lease liabilities	$	7,471	$	6,650
Long term operating lease liabilities		46,570		29,441
Total operating lease liabilities	$	54,041	$	36,091

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the consolidated balance sheet at January 30, 2022:

Fiscal Year	Undiscounted Future Operating Lease Payments
2023	$	8,414
2024		7,098
2025		7,140
2026		7,213
2027		6,850
2028 and thereafter		21,805
Total lease payments	$	58,520
Less: impact of discounting		(4,479	)
Present value of lease payments	$	54,041

EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Jan. 30, 2022

Supplemental Retirement Income Plan ("SRIP") and Supplemental Executive Retirement Plan ("SERP") [Member]

EMPLOYEE BENEFIT PLANS (Tables) [Line Items]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

Summarized SRIP and SERP information as of each fiscal year-end (the measurement date) is as follows:

	SRIP (Supplemental Retirement Income Plan)
	January 30,			January 31,
	2022			2021
Change in benefit obligation:
Beginning projected benefit obligation	$	10,572		$	10,256
Service cost		133			128
Interest cost		178			249
Benefits paid		(904	)		(591	)
Actuarial (gain)/ loss		(553	)		530
Ending projected benefit obligation (funded status)	$	9,426		$	10,572

Accumulated benefit obligation	$	9,277		$	10,421

Discount rate used to value the ending benefit obligations:		1.75	%		1.75	%

Amount recognized in the consolidated balance sheets:
Current liabilities (Accrued salaries, wages and benefits line)	$	877		$	877
Non-current liabilities (Deferred compensation line)		8,549			9,695
Total	$	9,426		$	10,572

	SERP (Supplemental Executive Retirement Plan)
	January 30,			January 31,
	2022			2021
Change in benefit obligation:
Beginning projected benefit obligation	$	1,681		$	1,860
Service cost		-			-
Interest cost		34			46
Benefits paid		(145	)		(158	)
Actuarial (gain)/loss		(39	)		(67	)
Ending projected benefit obligation (funded status)	$	1,531		$	1,681

Accumulated benefit obligation	$	1,531		$	1,681

Discount rate used to value the ending benefit obligations:		2.10	%		2.10	%

Amount recognized in the consolidated balance sheets:
Current liabilities (Accrued salaries, wages and benefits line)	$	156		$	156
Non-current liabilities (Deferred compensation line)		1,375			1,525
Total	$	1,531		$	1,681

Schedule of Net Benefit Costs [Table Text Block]

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Net periodic benefit cost
Service cost	$	133		$	128		$	104
Interest cost		178			249			351
Net loss		402			338			149
Net periodic benefit cost	$	713		$	715		$	604


Other changes recognized in accumulated other comprehensive income
Net (gain) / loss arising during period		(553	)		530			716
Amortizations:
Gain (loss)		(402	)		(338	)		(149	)
Total recognized in other comprehensive loss (income)		(955	)		192			567

Total recognized in net periodic benefit cost and accumulated other comprehensive income	$	(242	)	$	907		$	1,171

Assumptions used to determine net periodic benefit cost:
Discount rate		1.75	%		2.50	%		3.75	%
Increase in future compensation levels		4.00	%		4.00	%		4.00	%

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020
Net periodic benefit cost
Service cost	$	-		$	-		$	-
Interest cost		34			46			67
Net gain					-			(5	)
Net periodic benefit cost	$	34		$	46		$	62


Other changes recognized in accumulated other comprehensive income
Net (gain)/loss arising during period		(39	)		(67	)		168
Amortizations:
Gain (Loss)		-			-			5
Total recognized in other comprehensive loss (income)		(39	)		(67	)		173

Total recognized in net periodic benefit cost and
accumulated other comprehensive income	$	(5	)	$	(21	)	$	235

Assumptions used to determine net periodic benefit cost:
Discount rate		2.80	%		2.60	%		3.90	%
Increase in future compensation levels		N/A			N/A			N/A

Schedule of Expected Benefit Payments [Table Text Block]

Estimated Future Benefit Payments:

Fiscal 2023

877

Fiscal 2024

957

Fiscal 2025

957

Fiscal 2026

957

Fiscal 2027

783

Fiscal 2028 through fiscal 2032

4,126

Pension Plan [Member]

EMPLOYEE BENEFIT PLANS (Tables) [Line Items]

Schedule of Expected Benefit Payments [Table Text Block]

Estimated Future Benefit Payments:

Fiscal 2023

155

Fiscal 2024

151

Fiscal 2025

145

Fiscal 2026

139

Fiscal 2027

133

Fiscal 2028 through fiscal 2032

553

SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Jan. 30, 2022

Restricted Stock [Member]

SHARE-BASED COMPENSATION (Tables) [Line Items]

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

	Whole			Grant-Date		Aggregate			Compensation		Grant-Date Fair Value
	Number of			Fair Value		Grant-Date			Expense		Unrecognized At
	Shares			Per Share		Fair Value			Recognized		January 30, 2022
Previous Awards (vested)									$	2,580

Restricted shares Issued on April 17, 2019		15,939			29.80		475			356		21
Forfeited		(3,275	)				(98	)
Partial vested due to separation		(415	)

Restricted shares Issued on May 8, 2019		1,027			29.21		30			27		3

Restricted shares Issued on April 7, 2020		23,484			13.92		327			167		108
Forfeited		(3,718	)				(52	)

Restricted shares Issued on October 19, 2020		1,022			29.34		30			13		17

Restricted shares Issued on April 8, 2021		16,613			37.20		618			154		402
Forfeited		(1,677	)				(62	)

Restricted shares Issued on June 3, 2021		12,000			40.00		480			279		141
Forfeited		(1,500	)				(60	)


Awards outstanding at January 30, 2022:		59,500				$	1,688		$	996	$	692

Restricted Stock Units (RSUs) [Member]

SHARE-BASED COMPENSATION (Tables) [Line Items]

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

The following table presents RSU activities for the year ended January 30, 2022:

	Whole			Grant-Date		Aggregate			Compensation		Grant-Date Fair Value
	Number of			Fair Value		Grant-Date			Expense		Unrecognized At
	Units			Per Unit		Fair Value			Recognized		January 30, 2022
Previous Awards (vested)									$	1,062

RSUs Awarded on April 17, 2019		10,196			28.05		286			178		12
Forfeited		(3,436	)				(96	)
Partial vested due to separation		(2,549	)

RSUs Awarded on April 7, 2020		17,672		$	12.01		212			76		50
Forfeited		(7,183	)				(86	)
Partial vested due to separation		(1,437	)

RSUs Awarded on April 8, 2021		8,186			35.05		287			61		160
Forfeited		(1,882	)				(66	)

RSUs for retention Awarded on April 8, 2021		4,865			35.05		171			31		83
Forfeited		(1,613	)				(57	)

Awards outstanding at January 30, 2022:		22,819				$	651		$	346	$	305

Performance Shares [Member]

SHARE-BASED COMPENSATION (Tables) [Line Items]

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

	Whole			Grant-Date		Aggregate			Compensation		Grant-Date Fair Value
	Number of			Fair Value		Grant-Date			Expense		Unrecognized At
	Units			Per Unit		Fair Value			Recognized		January 30, 2022
Previous Awards (vested)										-

PSUs Awarded on April 7, 2020		69,075			13.92		962			409		128
Forfeited		(30,532	)				(425	)

PSUs Awarded on April 8, 2021		20,243			37.20		753			204		409
Forfeited		(3,764	)				(140	)

Awards outstanding at January 30, 2022:		55,022				$	1,150		$	613	$	537

EARNINGS PER SHARE (Tables)

12 Months Ended

Jan. 30, 2022

Earnings Per Share [Abstract]

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

	January 30,		January 31,		February 2,
	2022		2021		2020

Restricted shares		59,500		54,747		45,946
RSUs and PSUs		77,841		140,911		73,060
		137,341		195,658		119,006

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:

	Fifty-Two Weeks Ended
	January 30,		January 31,			February 2,
	2022		2021			2020

Net income/(loss)	$	11,718	$	(10,426	)	$	17,083
Less: Dividends on unvested restricted shares		46		36			25
Net earnings allocated to unvested restricted stock		61		-			60
Earnings available for common shareholders	$	11,611	$	(10,462	)	$	16,998

Weighted average shares outstanding for basic
earnings per share		11,852		11,822			11,784
Dilutive effect of unvested restricted stock awards		118		*			54
Weighted average shares outstanding for diluted
earnings per share		11,970		11,822			11,838

Basic earnings/(loss) per share	$	0.99	$	(0.88	)	$	1.44

Diluted earnings/(loss) per share	$	0.97	$	(0.88	)	$	1.44

*Due to the fiscal 2021 net loss, approximately 119,000 shares would have been antidilutive and are therefore excluded from the calculation of earnings per share.

INCOME TAXES (Tables)

12 Months Ended

Jan. 30, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Our provision for income taxes was as follows for the periods indicated:

	Fifty-Two Weeks Ended
	January 30,		January 31,			February 2,
	2022		2021			2020
Current expense
Federal	$	650	$	5,858		$	2,312
Foreign		107		108			255
State		307		1,154			334
Total current expense		1,064		7,120			2,901

Deferred taxes
Federal		1,980		(9,554	)		1,645
State		344		(1,708	)		298
Total deferred taxes		2,324		(11,262	)		1,943
Income tax expense / (benefit)	$	3,388	$	(4,142	)	$	4,844

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The effective income tax rate differed from the federal statutory tax rate as follows for the period

	Fifty-Two Weeks Ended
	January 30,			January 31,			February 2,
	2022			2021			2020

Income taxes at statutory rate		21.0	%		21.0	%		21.0	%
Increase (decrease) in tax rate resulting from:
State taxes, net of federal benefit		3.4			3.0			2.4
Officer's life insurance		-1.3			1.7			-1.1
Expiration of capital loss		2.0			0.0			0.0
Change in valuation allowance		-1.9			0.0			0.0
Consolidated Appropriation Act provisions		0.0			1.8			0.0
Other		-0.8			0.9			-0.2
Effective income tax rate		22.4	%		28.4	%		22.1	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences that give rise to significant portions of the deferred tax

	January 30,			January 31,
	2022			2021
Assets
Intangible assets	$	7,212		$	8,057
Deferred compensation		2,807			2,765
Allowance for bad debts		2,079			2,235
Employee benefits		643			848
Loss and credit carryover		88			411
Accrued liabilities		320			511
Deferred rent		618			444
Other		194			369
Total deferred tax assets		13,961			15,640
Valuation allowance		(88	)		(411	)
		13,873			15,229
Liabilities
Property, plant and equipment		1,361			775
Inventories		900			281
Total deferred tax liabilities		2,261			1,056
Net deferred tax assets	$	11,612		$	14,173

SEGMENT INFORMATION (Tables)

12 Months Ended

Jan. 30, 2022

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. Prior-year information has been recast to reflect the changes in segments discussed above.

	Fifty-Two Weeks Ended
	January 30, 2022						January 31, 2021						February 2, 2020
				% Net						% Net						% Net
Net Sales				Sales						Sales						Sales
Hooker Branded	$	200,692			33.8	%	$	162,442			30.1	%	$	161,990			26.4	%
Home Meridian		278,902			47.0	%		282,423			52.3	%		340,630			55.8	%
Domestic Upholstery		102,283			17.2	%		83,678			15.5	%		95,670			15.7	%
All Other		11,735			2.0	%		11,538			2.1	%		12,534			2.1	%
Consolidated	$	593,612			100	%	$	540,081			100	%	$	610,824			100	%

Gross Profit
Hooker Branded	$	63,146			31.5	%	$	51,832			31.9	%	$	51,462			31.8	%
Home Meridian		15,213			5.5	%		39,832			14.1	%		36,936			10.8	%
Domestic Upholstery		19,471			19.0	%		17,121			20.5	%		21,120			22.1	%
All Other		3,872			33.0	%		3,963			34.4	%		4,440			35.4	%
Consolidated	$	101,702			17.1	%	$	112,748			20.9	%	$	113,958			18.7	%

Operating Income/(Loss)
Hooker Branded	$	30,667			15.3	%	$	22,827			14.1	%	$	21,512			13.3	%
Home Meridian		(21,260	)		-7.6	%		(26,071	)		-9.2	%		(7,169	)		-2.1	%
Domestic Upholstery		4,304			4.2	%		(12,418	)		-14.8	%		6,637			6.9	%
All Other		1,132			9.6	%		1,298			11.3	%		1,727			13.8	%
Consolidated	$	14,843			2.5	%	$	(14,364	)		-2.7	%	$	22,707			3.7	%

Capital Expenditures
Hooker Branded	$	558					$	377					$	690
Home Meridian		4,829						347						496
Domestic Upholstery		1,295						475						3,914
All Other		10						11						29
Consolidated	$	6,692					$	1,210					$	5,129

Depreciation & Amortization
Hooker Branded	$	2,530					$	1,809					$	1,930
Home Meridian		2,594						2,160						2,218
Domestic Upholstery		2,678						2,797						2,938
All Other		12						12						14
Consolidated	$	7,814					$	6,778					$	7,100

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. Prior-year information has been recast to reflect the changes in segments discussed above.

	As of January 30,					As of January 31,
	2022		%Total			2021		%Total
Assets			Assets					Assets
Hooker Branded	$	170,968		48.8	%	$	174,475		53.5	%
Home Meridian		130,890		37.4	%		100,497		30.9	%
Domestic Upholstery		47,232		13.5	%		49,370		15.2	%
All Other		1,126		0.3	%		1,204		0.4	%
Consolidated Assets	$	350,216		100	%	$	325,546		100	%
Consolidated Goodwill and Intangibles		24,343					26,727
Total Consolidated Assets	$	374,559				$	352,273

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

Sales by product type are as follows:

	Net Sales (in thousands)
	Fiscal
	2022				2021				2020

Casegoods	$	348,548	59	%	$	329,906	61	%	$	397,192	65	%
Upholstery		245,064	41	%		210,175	39	%		213,632	35	%
	$	593,612	100	%	$	540,081	100	%	$	610,824	100	%

SUBSEQUENT EVENTS (Tables)

12 Months Ended

Jan. 30, 2022

Subsequent Events [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Purchase price consideration

Cash paid for assets acquired	$	23,500
Net working capital excess to working capital target		411
Escrow Fee		(1	)
Earnout		4,000
Total purchase price	$	27,910

Fair value estimates of assets acquired and liabilities assumed:
Net working capital	$	578
Fixed assets		101
Intangible assets		8,170
Goodwill		19,061
Total purchase price	$	27,910

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Millions	12 Months Ended
	Jan. 30, 2022 USD ($)	Jan. 31, 2021 USD ($)	Feb. 02, 2020 USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Number of Reportable Segments	3
Lessee, Operating Lease, Renewal Term	10 years
Number of Life Insurance Policies	74
Cash Surrender Value, Fair Value Disclosure	$ 26.7
Life Settlement Contracts, Fair Value Method, Face Value	55.0
Advertising Expense	$ 1.9	$ 2.1	$ 3.4
London Interbank Offered Rate (LIBOR) [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Operating Leases of Lessee, Contingent Rentals, Basis Spread on Variable Rate	1.50%

DOUBTFUL ACCOUNTS AND CUSTOMER ALLOWANCES (Details) - Allowance for Doubtful Accounts - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Allowance for Doubtful Accounts [Abstract]
Balance at beginning of year	$ 2,338	$ 903	$ 908
Non-cash charges to cost and expenses	(76)	1,262	417
Less uncollectible receivables written off, net of recoveries	(246)	173	(422)
Balance at end of year	2,016	2,338	903
Balance at beginning of year	6,993	3,493	4,267
Charges to cost and expenses	23,766	29,243	31,815
Less allowances applied	(23,305)	(25,666)	(32,511)
Less uncollectible receivables written off, net of recoveries	(170)	(77)	(78)
Balance at end of year	$ 7,284	$ 6,993	$ 3,493

ACCOUNTS RECEIVABLE (Details) - Schedule of Accounts, Notes, Loans and Financing Receivable - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020	Feb. 03, 2019
Schedule of Accounts, Notes, Loans and Financing Receivable [Abstract]
Gross accounts receivable	$ 83,027	$ 92,621
Customer allowances	(7,284)	(6,993)	$ (3,493)	$ (4,267)
Allowance for doubtful accounts	(2,016)	(2,338)	$ (903)	$ (908)
Trade accounts receivable	$ 73,727	$ 83,290

INVENTORIES (Details) - USD ($) $ in Thousands	12 Months Ended
INVENTORIES (Details) - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
INVENTORIES (Details) [Line Items]
Net income FIFO inventory method	$ 17,400	$ 11,100	$ 19,500
Inventory, LIFO Reserve, Period Charge	7,400	1,300	$ 3,100
Inventory, Finished Goods, Gross	89,066	81,290
Finished Furniture, Consigned Inventories [Member]
INVENTORIES (Details) [Line Items]
Inventory, Finished Goods, Gross	8,900	6,700
China and Vietnam [Member]
INVENTORIES (Details) [Line Items]
Other Inventory, Inventory at off Site Premises, Gross	$ 11,100	$ 11,300

INVENTORIES (Details) - Schedule of Inventory, Current - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021
Schedule of Inventory, Current [Abstract]
Finished furniture	$ 89,066	$ 81,290
Furniture in process	2,314	1,397
Materials and supplies	13,179	9,639
Inventories at FIFO	104,559	92,326
Reduction to LIFO basis	(29,536)	(22,167)
Inventories	$ 75,023	$ 70,159

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
PROPERTY, PLANT AND EQUIPMENT (Details) [Line Items]
Depreciation	$ 5.4	$ 4.4	$ 4.7
Computer Software and Hardware [Member]
PROPERTY, PLANT AND EQUIPMENT (Details) [Line Items]
Property, Plant and Equipment, Useful Life	10 years

PROPERTY, PLANT AND EQUIPMENT (Details) - Property, Plant and Equipment - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 75,557	$ 68,912
Less accumulated depreciation	(49,077)	(44,098)
Total depreciable property, net	26,480	24,814
Land	1,077	1,077
Construction-in-progress	501	889
Property, plant and equipment, net	28,058	26,780
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 32,030	31,316
Building and Building Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	15
Building and Building Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	30
Computer Software and Hardware [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 15,648	15,012
Computer Software and Hardware [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	3
Computer Software and Hardware [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	10
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 10,390	9,314
Property, Plant and Equipment, Depreciable Lives	10
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 10,984	10,005
Property, Plant and Equipment, Depreciable Lives	Term of lease
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 5,829	2,614
Furniture and Fixtures [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	3
Furniture and Fixtures [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Depreciable Lives	8
Property, Plant and Equipment, Other Types [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 676	$ 651
Property, Plant and Equipment, Depreciable Lives	5

PROPERTY, PLANT AND EQUIPMENT (Details) - Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Balance beginning of year	$ 3,211	$ 4,277	$ 5,123
Additions	65	33	286
Amortization expense	(1,053)	(1,099)	(1,132)
Disposals		0	0
Balance end of year	$ 2,223	$ 3,211	$ 4,277

INTANGIBLE ASSETS AND GOODWILL (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
INTANGIBLE ASSETS AND GOODWILL (Details) [Line Items]
Goodwill and Intangible Asset Impairment	$ 0	$ 44,318	$ 0
Goodwill [Member] \| Home Meridian International [Member]
INTANGIBLE ASSETS AND GOODWILL (Details) [Line Items]
Goodwill and Intangible Asset Impairment		23,200
Goodwill [Member] \| Shenandoah Furniture, Inc, [Member]
INTANGIBLE ASSETS AND GOODWILL (Details) [Line Items]
Goodwill and Intangible Asset Impairment		16,400
Trade Names [Member] \| Home Meridian International [Member]
INTANGIBLE ASSETS AND GOODWILL (Details) [Line Items]
Goodwill and Intangible Asset Impairment		$ 4,800

INTANGIBLE ASSETS AND GOODWILL (Details) - Schedule of Indefinite-Lived Intangible Assets - USD ($)	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020	Jan. 31, 2022
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	$ 0	$ (39,568,000)	$ 0
Goodwill	490,000	490,000		$ 19,061
Trademarks and trade names	23,853,000	26,237,000
Total non-amortizable assets	8,397,000	52,715,000
Total non-amortizable assets	0	(44,318,000)	0
Total non-amortizable assets	8,397,000	8,397,000
Goodwill [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	40,058,000
Goodwill	0	(39,568,000)
Goodwill	490,000	490,000
Goodwill	490,000	40,058,000
Goodwill [Member] \| Home Meridian International [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	490,000	16,871,000
Goodwill	0	(16,381,000)
Goodwill	490,000	490,000
Goodwill		490,000	16,871,000
Goodwill [Member] \| Other Segments [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	23,187,000
Goodwill	0	(23,187,000)
Goodwill	0	0
Goodwill	0	23,187,000
Trademarks and Trade Names [Member]
Indefinite-Lived Intangible Assets [Line Items]
Trademarks and trade names	12,657,000
Trademarks and trade names	0	(4,750,000)
Trademarks and trade names	7,907,000	7,907,000
Trademarks and trade names	7,907,000	12,657,000
Trademarks and Trade Names [Member] \| Bradington-Young [Member]
Indefinite-Lived Intangible Assets [Line Items]
Trademarks and trade names	861,000
Trademarks and trade names	0	0
Trademarks and trade names	861,000	861,000
Trademarks and trade names	861,000	861,000
Trademarks and Trade Names [Member] \| Sam Moore [Member]
Indefinite-Lived Intangible Assets [Line Items]
Trademarks and trade names	396,000
Trademarks and trade names	0	0
Trademarks and trade names	396,000	396,000
Trademarks and trade names	396,000	396,000
Trademarks and Trade Names [Member] \| Home Meridian International [Member]
Indefinite-Lived Intangible Assets [Line Items]
Trademarks and trade names	6,650,000	11,400,000
Trademarks and trade names	0	(4,750,000)
Trademarks and trade names	$ 6,650,000	6,650,000
Trademarks and trade names		$ 6,650,000	$ 11,400,000

INTANGIBLE ASSETS AND GOODWILL (Details) - Schedule of Finite-Lived Intangible Assets $ in Thousands	12 Months Ended
	Jan. 30, 2022 USD ($)
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	$ 17,672
Amortization	(2,324)
Balance	15,348
Order or Production Backlog [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	658
Amortization	(60)
Balance	598
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	18,330
Amortization	(2,384)
Balance	$ 15,946

INTANGIBLE ASSETS AND GOODWILL (Details) - Finite-lived Intangible Assets Amortization Expense $ in Thousands	Jan. 30, 2022 USD ($)
Finite-lived Intangible Assets Amortization Expense [Abstract]
2023	$ 2,384
2024	2,384
2025	2,359
2026	2,359
2027	2,359
2028 and thereafter	4,101
	$ 15,946

FAIR VALUE MEASUREMENTS (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021
Assets measured at fair value
Company-owned life insurance	$ 26,479	$ 25,365
Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value
Company-owned life insurance	0	0
Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value
Company-owned life insurance	26,479	25,365
Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value
Company-owned life insurance	$ 0	$ 0

LEASES (Details) - USD ($)	12 Months Ended
LEASES (Details) - USD ($)	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
LEASES (Details) [Line Items]
Operating Leases, Income Statement, Sublease Revenue	$ 890,000	$ 576,000	$ 405,000
Operating Lease, Weighted Average Remaining Lease Term	8 years 3 months 18 days
Operating Leases of Lessee, Contingent Rentals, Description of Variable Rate Basis	incremental borrowing rate which is LIBOR plus 1.5%
Operating Lease, Weighted Average Discount Rate, Percent	1.91%
Lessee, Operating Lease, Term of Contract	10 years
Operating Leases, Future Minimum Payments Due	$ 23,700,000
London Interbank Offered Rate (LIBOR) [Member]
LEASES (Details) [Line Items]
Operating Leases of Lessee, Contingent Rentals, Basis Spread on Variable Rate	1.50%

LEASES (Details) - Lease, Cost - USD ($) $ in Thousands	12 Months Ended
LEASES (Details) - Lease, Cost - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
LEASES (Details) - Lease, Cost [Line Items]
Operating lease cost	$ 8,469	$ 8,804	$ 9,142
Operating cash outflows	7,730	7,921	8,725
Operating Lease Costs [Member]
LEASES (Details) - Lease, Cost [Line Items]
Operating lease cost	8,144	8,367	8,408
Variable Lease Cost [Member]
LEASES (Details) - Lease, Cost [Line Items]
Operating lease cost	208	146	153
Leases Less Then 12 Months [Member]
LEASES (Details) - Lease, Cost [Line Items]
Operating lease cost	$ 117	$ 291	$ 581

LEASES (Details) - Schedule of Right-of-Use Assets and Lease Liabilities - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021
LEASES (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]
Operating leases right-of-use assets	$ 51,854	$ 34,613
Current portion of operating lease liabilities	7,471	6,650
Long term operating lease liabilities	46,570	29,441
Total operating lease liabilities	54,041	36,091
Real Estate [Member]
LEASES (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]
Operating leases right-of-use assets	50,749	33,651
Property, Plant and Equipment [Member]
LEASES (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]
Operating leases right-of-use assets	$ 1,105	$ 962

LEASES (Details) - Lessee, Operating Lease, Liability, Maturity - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021
Lessee, Operating Lease, Liability, Maturity [Abstract]
2023	$ 8,414
2024	7,098
2025	7,140
2026	7,213
2027	6,850
2028 and thereafter	21,805
Total lease payments	58,520
Less: impact of discounting	(4,479)
Present value of lease payments	$ 54,041	$ 36,091

LONG-TERM DEBT (Details) $ in Millions	12 Months Ended
LONG-TERM DEBT (Details) $ in Millions	Jan. 30, 2022 USD ($)
LONG-TERM DEBT (Details) [Line Items]
Line of Credit Facility, Current Borrowing Capacity	$ 27.9
Letters of Credit Outstanding, Amount	$ 7.1
New Unsecured Term Loan [Member] \| Unsecured Debt [Member]
LONG-TERM DEBT (Details) [Line Items]
Debt Instrument, Covenant Description	Maintain a ratio of funded debt to EBITDA not exceeding 2.00:1.00. ● A basic fixed charge coverage ratio of at least 1.25:1.00; and ● Limit capital expenditures to no more than $15.0 million during any fiscal year. They also limit our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. They do not restrict our ability to pay cash dividends on, or repurchase shares of our common stock, subject to our compliance with the financial covenants discussed above, if we are not otherwise in default under the agreements.
Line of Credit [Member]
LONG-TERM DEBT (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 35.0

EMPLOYEE BENEFIT PLANS (Details)	12 Months Ended
EMPLOYEE BENEFIT PLANS (Details)	Jan. 30, 2022 USD ($)	Jan. 31, 2021 USD ($)	Feb. 02, 2020 USD ($)
EMPLOYEE BENEFIT PLANS (Details) [Line Items]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 1,400,000	$ 1,300,000	$ 1,400,000
Supplemental Retirement Income Plan ("SRIP") and Supplemental Executive Retirement Plan ("SERP") [Member]
EMPLOYEE BENEFIT PLANS (Details) [Line Items]
Defined Benefit Plan, Description	The benefit is payable for a 15-year period following the participant’s termination of employment due to retirement, disability or death
Supplemental Employee Retirement Plan [Member]
EMPLOYEE BENEFIT PLANS (Details) [Line Items]
Defined Benefit Plan, Description	The benefit is payable for the life of the retiree with the following forms available as a reduced monthly benefit: Ten-year Certain and Life; 50% or 100% Joint and Survivor Annuity.
Defined Benefit Plan, Number of Retirees	8
Defined Benefit Plan, Assumptions Used in Calculation, Description	For the SERP, the discount rate assumption used to measure the projected benefit obligations is set by reference to a certain hypothetical AA-rated corporate bond spot-rate yield curve constructed by our actuary, Aon (“Aon”) and the plan’s projected cash flows, rounded to the nearest 10 bps.
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	2.10%	2.10%
Defined Benefit Plan, Benefit Obligation, Actuarial Gain (Loss)	$ 39,000	$ 67,000
Defined Benefit Plan, Plan Assets, Change in Valuation Technique and Input, Description	At January 31, 2021, combining the Aon AA Above Median yield curve and the plan's expected benefit payments created a rate of 2.10%. This rate was used to value the ending benefit obligations. At January 30, 2022, combining the Aon AA Above Median yield curve and the plan's expected benefit payments created a rate of 2.80%. The change in the discount rate from 2.10% to 2.80% decreased liabilities.
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Reclassification Adjustment, before Tax	$ 39,000	$ 67,000	(168,000)
Supplemental Retirement Income Plan ("SRIP") [Member]
EMPLOYEE BENEFIT PLANS (Details) [Line Items]
Defined Benefit Plan, Assumptions Used in Calculation, Description	the discount rate used to determine the fiscal 2022 net periodic cost was 1.75%, based on the Mercer yield curve and the plan’s expected benefit payments.
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	1.75%	1.75%
Defined Benefit Plan, Benefit Obligation, Actuarial Gain (Loss)	$ 553,000	$ (530,000)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	(237,000)	(338,000)
Defined Benefit Plan, Expected Amortization of Prior Service Cost (Credit), Next Fiscal Year	83,310
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Reclassification Adjustment, before Tax	$ 553,000	$ (530,000)	$ (716,000)

EMPLOYEE BENEFIT PLANS (Details) - Schedule of Defined Benefit Plans Disclosures - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Supplemental Retirement Income Plan ("SRIP") [Member]
Defined Benefit Plan Disclosure [Line Items]
Balance projected benefit obligation	$ 10,572	$ 10,256
Accumulated benefit obligation	$ 9,277	$ 10,421
Discount rate used to value the ending benefit obligations:	1.75%	1.75%
Service cost	$ 133	$ 128	$ 104
Interest cost	178	249	351
Benefits paid	(904)	(591)
Actuarial (gain)/ loss	(553)	530
Ending projected benefit obligation (funded status)	9,426	10,572	10,256
Current liabilities (Accrued salaries, wages and benefits line)	877	877
Non-current liabilities (Deferred compensation line)	8,549	9,695
Total	9,426	10,572
Supplemental Employee Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Balance projected benefit obligation	1,681	1,860
Accumulated benefit obligation	$ 1,531	$ 1,681
Discount rate used to value the ending benefit obligations:	2.10%	2.10%
Service cost	$ 0	$ 0	0
Interest cost	34	46	67
Benefits paid	(145)	(158)
Actuarial (gain)/ loss	(39)	(67)
Ending projected benefit obligation (funded status)	1,531	1,681	$ 1,860
Current liabilities (Accrued salaries, wages and benefits line)	156	156
Non-current liabilities (Deferred compensation line)	1,375	1,525
Total	$ 1,531	$ 1,681

EMPLOYEE BENEFIT PLANS (Details) - Schedule of Net Benefit Costs - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Supplemental Retirement Income Plan ("SRIP") [Member]
EMPLOYEE BENEFIT PLANS (Details) - Schedule of Net Benefit Costs [Line Items]
Service cost	$ 133	$ 128	$ 104
Interest cost	178	249	351
Net Gain (Loss)	402	338	149
Net periodic benefit cost	713	715	604
Net loss (gain) arising during period	(553)	530	716
Gain (Loss)	(402)	(338)	(149)
Total recognized in other comprehensive loss (income)	(955)	192	567
Total recognized in other comprehensive loss (income) accumulated other comprehensive income	$ (242)	$ 907	$ 1,171
Discount rate	1.75%	2.50%	3.75%
Increase in future compensation levels	4.00%	4.00%	4.00%
Supplemental Employee Retirement Plan [Member]
EMPLOYEE BENEFIT PLANS (Details) - Schedule of Net Benefit Costs [Line Items]
Service cost	$ 0	$ 0	$ 0
Interest cost	34	46	67
Net Gain (Loss)	0	0	(5)
Net periodic benefit cost	34	46	62
Net loss (gain) arising during period	(39)	(67)	168
Gain (Loss)	0	0	5
Total recognized in other comprehensive loss (income)	(39)	(67)	173
Total recognized in other comprehensive loss (income) accumulated other comprehensive income	$ (5)	$ (21)	$ 235
Discount rate	2.80%	2.60%	3.90%
Increase in future compensation levels

EMPLOYEE BENEFIT PLANS (Details) - Schedule of Expected Benefit Payments - Supplemental Retirement Income Plan ("SRIP") [Member] $ in Thousands	Jan. 30, 2022 USD ($)
Estimated Future Benefit Payments:
Fiscal 2023	$ 877
Fiscal 2024	957
Fiscal 2025	957
Fiscal 2026	957
Fiscal 2027	783
Fiscal 2028 through fiscal 2032	$ 4,126

EMPLOYEE BENEFIT PLANS (Details) - Schedule of Expected Benefit Payments - Pension Plan [Member] $ in Thousands	Jan. 30, 2022 USD ($)
Estimated Future Benefit Payments:
Fiscal 2023	$ 155
Fiscal 2024	151
Fiscal 2025	145
Fiscal 2026	139
Fiscal 2027	133
Fiscal 2028 through fiscal 2032	$ 553

SHARE-BASED COMPENSATION (Details) - USD ($)									12 Months Ended
SHARE-BASED COMPENSATION (Details) - USD ($)	Jun. 03, 2021	Apr. 08, 2021	Oct. 19, 2020	Jun. 16, 2020	Apr. 07, 2020	Jun. 17, 2019	May 08, 2019	Apr. 17, 2019	Jan. 30, 2022	Jan. 31, 2021
SHARE-BASED COMPENSATION (Details) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in Shares)										750,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period										12 months
Restricted Stock [Member]
SHARE-BASED COMPENSATION (Details) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 40	$ 37.2	$ 29.34	$ 19.2	$ 13.92	$ 19.87	$ 29.21	$ 29.77
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantDateFairValue (in Dollars)									$ 1,700,000
Share-Based Compensation Expense Recognized for Shares Outstanding (in Dollars)									996,000
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount (in Dollars)									$ 692,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Terms of Award									Each restricted stock unit, or “RSU”, entitles the executive to receive one share of the Company’s common stock if he remains continuously employed with the Company through the end of a three-year service period
Restricted Stock [Member] \| Vested Awards [Member]
SHARE-BASED COMPENSATION (Details) [Line Items]
Share-Based Compensation Expense Recognized for Shares Outstanding (in Dollars)									$ 2,600,000

SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity - Restricted Stock [Member] - USD ($) $ / shares in Units, shares in Thousands									1 Months Ended	2 Months Ended	6 Months Ended	8 Months Ended	12 Months Ended	86 Months Ended
	Jun. 03, 2021	Apr. 08, 2021	Oct. 19, 2020	Jun. 16, 2020	Apr. 07, 2020	Jun. 17, 2019	May 08, 2019	Apr. 17, 2019	May 07, 2019	Jun. 02, 2021	Oct. 18, 2020	Jan. 30, 2022	Jan. 30, 2022	Apr. 16, 2019
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Shares, Balance (in Shares)												59,500	59,500
Aggregate Grant-Date Fair Value, Balance												$ 1,688,000	$ 1,688,000
Compensation Expense Recognized, Balance													996,000	$ 2,580,000
Grant-Date Fair Value Unrecognized, Balance												$ 692,000	$ 692,000
Grant-Date Fair Value Per Share, Restricted shares Issued (in Dollars per share)	$ 40	$ 37.2	$ 29.34	$ 19.2	$ 13.92	$ 19.87	$ 29.21	$ 29.77
Whole Number of Shares, Forfeited (in Shares)									(3,275)	(1,677)	(3,718)	(1,500)
Aggregate Grant-Date Fair Value, Forfeited									$ (98,000)	$ (62,000)	$ (52,000)	$ (60,000)
Partial vested due to separation (in Shares)									(415)
April 17, 2019 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Shares, Restricted shares Issued (in Shares)								15,939
Grant-Date Fair Value Per Share, Restricted shares Issued (in Dollars per share)								$ 29.8
Aggregate Grant-Date Fair Value, Restricted shares Issued								$ 475,000
Compensation Expense Recognized, Restricted shares Issued								356,000
Grant-Date Fair Value Unrecognized, Restricted shares Issued								$ 21,000
May 8, 2019 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Shares, Restricted shares Issued (in Shares)							1,027
Grant-Date Fair Value Per Share, Restricted shares Issued (in Dollars per share)							$ 29.21
Aggregate Grant-Date Fair Value, Restricted shares Issued							$ 30,000
Compensation Expense Recognized, Restricted shares Issued							27,000
Grant-Date Fair Value Unrecognized, Restricted shares Issued							$ 3,000
April 7, 2020 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Shares, Restricted shares Issued (in Shares)					23,484
Grant-Date Fair Value Per Share, Restricted shares Issued (in Dollars per share)					$ 13.92
Aggregate Grant-Date Fair Value, Restricted shares Issued					$ 327,000
Compensation Expense Recognized, Restricted shares Issued					167,000
Grant-Date Fair Value Unrecognized, Restricted shares Issued					$ 108,000
October 19, 2020 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Shares, Restricted shares Issued (in Shares)			1,022
Grant-Date Fair Value Per Share, Restricted shares Issued (in Dollars per share)			$ 29.34
Aggregate Grant-Date Fair Value, Restricted shares Issued			$ 30,000
Compensation Expense Recognized, Restricted shares Issued			13,000
Grant-Date Fair Value Unrecognized, Restricted shares Issued			$ 17,000
April 8, 2021 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Shares, Restricted shares Issued (in Shares)		16,613
Grant-Date Fair Value Per Share, Restricted shares Issued (in Dollars per share)		$ 37.2
Aggregate Grant-Date Fair Value, Restricted shares Issued		$ 618,000
Compensation Expense Recognized, Restricted shares Issued		154,000
Grant-Date Fair Value Unrecognized, Restricted shares Issued		$ 402,000
June 3, 2021 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Shares, Restricted shares Issued (in Shares)	12,000
Grant-Date Fair Value Per Share, Restricted shares Issued (in Dollars per share)	$ 40
Aggregate Grant-Date Fair Value, Restricted shares Issued	$ 480,000
Compensation Expense Recognized, Restricted shares Issued	279,000
Grant-Date Fair Value Unrecognized, Restricted shares Issued	$ 141,000

SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity - Restricted Stock Units (RSUs) [Member] - USD ($) $ / shares in Units, $ in Thousands				10 Months Ended	12 Months Ended
	Apr. 08, 2021	Apr. 07, 2020	Apr. 17, 2019	Jan. 30, 2022	Jan. 30, 2022	Apr. 07, 2021	Apr. 06, 2020	Apr. 16, 2019
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Units (in Shares)	8,186,000	17,672,000	10,196,000	22,819,000	22,819,000
Grant-Date Fair Value (in Dollars per share)	$ 35.05	$ 12.01	$ 28.05
Aggregate Grant-Date Fair Value	$ 287	$ 212	$ 286		$ 651
Compensation Expense Recognized	61	76	178		346			$ 1,062
Grant-Date Fair Value Unrecognized	$ 160	$ 50	$ 12	$ 305	$ 305
Forfeited, Whole Number of Units (in Shares)	(1,882,000)			(1,613,000)		(7,183,000)	(3,436,000)
Forfeited, Aggregate Grant-Date Fair Value	$ (66)			$ (57)		$ (86)	$ (96)
Partial vested due to separation (in Shares)						(1,437,000)	(2,549,000)
Retention Award [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
Whole Number of Units (in Shares)	4,865,000
Grant-Date Fair Value (in Dollars per share)	$ 35.05
Aggregate Grant-Date Fair Value	$ 171
Compensation Expense Recognized	31
Grant-Date Fair Value Unrecognized	$ 83

SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity - Performance Shares [Member] $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 30, 2022 USD ($) $ / shares shares
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
PSUs Awarded, Whole Number of Units (in Shares) \| shares	55,022
PSUs Awarded, Aggregate Grant-Date Fair Value	$ 1,150
PSUs Awarded, Compensation Expense Recognized	613
PSUs Awarded, Grant-Date Fair Value Unrecognized	$ 537
April 7, 2020 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
PSUs Awarded, Whole Number of Units (in Shares) \| shares	69,075
PSUs Awarded, Grant-Date Fair Value Per Unit (in Dollars per share) \| $ / shares	$ 13.92
PSUs Awarded, Aggregate Grant-Date Fair Value	$ 962
PSUs Awarded, Compensation Expense Recognized	409
PSUs Awarded, Grant-Date Fair Value Unrecognized	$ 128
Forfeited, Whole Number of Units (in Shares) \| shares	(3,764)
Forfeited, Aggregate Grant-Date Fair Value	$ (140)
April 17, 2019 [Member]
SHARE-BASED COMPENSATION (Details) - Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Line Items]
PSUs Awarded, Whole Number of Units (in Shares) \| shares	20,243
PSUs Awarded, Grant-Date Fair Value Per Unit (in Dollars per share) \| $ / shares	$ 37.2
PSUs Awarded, Aggregate Grant-Date Fair Value	$ 753
PSUs Awarded, Compensation Expense Recognized	204
PSUs Awarded, Grant-Date Fair Value Unrecognized	$ 409
Forfeited, Whole Number of Units (in Shares) \| shares	(30,532)
Forfeited, Aggregate Grant-Date Fair Value	$ (425)

EARNINGS PER SHARE (Details) - shares	12 Months Ended
EARNINGS PER SHARE (Details) - shares	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	118,000	119,000	54,000

EARNINGS PER SHARE (Details) - Schedule of Restricted Stock and Restricted Stock Units - shares shares in Thousands	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
EARNINGS PER SHARE (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	137,341	195,658	119,006
Restricted Stock [Member]
EARNINGS PER SHARE (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	59,500	54,747	45,946
Restricted Stock Units (RSUs) and Performance Shares (PSUs) [Member]
EARNINGS PER SHARE (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	77,841	140,911	73,060

EARNINGS PER SHARE (Details) - Schedule of Earnings Per Share, Basic and Diluted - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Schedule of Earnings Per Share, Basic and Diluted [Abstract]
Net income/(loss)	$ 11,718	$ (10,426)	$ 17,083
Less: Dividends on unvested restricted shares	46	36	25
Net earnings allocated to unvested restricted stock	61	0	60
Earnings available for common shareholders	$ 11,611	$ (10,462)	$ 16,998
earnings per share (in Shares)	11,852,000	11,822,000	11,784,000
Dilutive effect of unvested restricted stock awards (in Shares)	118,000	119,000	54,000
earnings per share (in Shares)	11,970,000	11,822,000	11,838,000
Basic earnings/(loss) per share (in Dollars per share)	$ 0.99	$ (0.88)	$ 1.44
Diluted earnings/(loss) per share (in Dollars per share)	$ 0.97	$ (0.88)	$ 1.44

INCOME TAXES (Details) - USD ($)	12 Months Ended
INCOME TAXES (Details) - USD ($)	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Income Tax Disclosure [Abstract]
Other Income Tax Expense (Benefit), Continuing Operations	$ 3,600,000	$ 4,200,000	$ 4,500,000
Income Tax Expense (Benefit)	3,388,000	(4,142,000)	4,844,000
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, Tax	200,000	30,000	$ 300,000
Deferred Tax Assets Liabilities, Net AOCI	11,600,000	$ 14,200,000
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	323,000
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	$ 88,000

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

INCOME TAXES (Details) - Schedule of Components of Income Tax Expense (Benefit) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Current expense
Federal	$ 650	$ 5,858	$ 2,312
Foreign	107	108	255
State	307	1,154	334
Total current expense	1,064	7,120	2,901
Deferred taxes
Federal	1,980	(9,554)	1,645
State	344	(1,708)	298
Total deferred taxes	2,324	(11,262)	1,943
Income tax expense / (benefit)	$ 3,388	$ (4,142)	$ 4,844

INCOME TAXES (Details) - Schedule of Effective Income Tax Rate Reconciliation	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Schedule of Effective Income Tax Rate Reconciliation [Abstract]
Income taxes at statutory rate	21.00%	21.00%	21.00%
State taxes, net of federal benefit	3.40%	3.00%	2.40%
Officer's life insurance	(1.30%)	1.70%	(1.10%)
Expiration of capital loss	2.00%	0.00%	0.00%
Change in valuation allowance	(1.90%)	0.00%	0.00%
Consolidated Appropriation Act provisions	0.00%	1.80%	0.00%
Other	(0.80%)	0.90%	(0.20%)
Effective income tax rate	22.40%	28.40%	22.10%

INCOME TAXES (Details) - Schedule of Deferred Tax Assets and Liabilities - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Assets
Intangible assets	$ 7,212		$ 8,057
Deferred compensation	2,807		2,765
Allowance for bad debts	2,079		2,235
Employee benefits	643		848
Loss and credit carryover	88		411
Accrued liabilities	320		511
Deferred rent	618		444
Other	194		369
Total deferred tax assets	13,961		15,640
Valuation allowance	(88)		(411)
	13,873		15,229
Liabilities
Property, plant and equipment	1,361		775
Inventories	900		281
Total deferred tax liabilities	2,261		1,056
Net deferred tax assets	$ 11,612	$ 14,173	$ 14,173

SEGMENT INFORMATION (Details)	12 Months Ended
SEGMENT INFORMATION (Details)	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Segment Reporting [Abstract]
Number of Reportable Segments	3
Consolidated Net Sales, Percent of International Customers	2.00%	2.00%	1.60%

SEGMENT INFORMATION (Details) - Segment Reporting Information - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Segment Reporting Information [Line Items]
Net Sales	$ 593,612	$ 540,081	$ 610,824
% of Net Sales	100.00%	100.00%	100.00%
Gross Profit
Gross Profit	$ 101,702	$ 112,748	$ 113,958
% of Net Sales, Gross Profit	17.10%	20.90%	18.70%
Operating Income/(Loss)
Operating Income	$ 14,843	$ (14,364)	$ 22,707
% of Net Sales, Operating Income	2.50%	(2.70%)	3.70%
Capital Expenditures
Capital Expenditures	$ 6,692	$ 1,210	$ 5,129
Depreciation & Amortization
Depreciation & Amortization	7,814	6,778	7,100
Hooker Branded [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 200,692	$ 162,442	$ 161,990
% of Net Sales	33.80%	30.10%	26.40%
Gross Profit
Gross Profit	$ 63,146	$ 51,832	$ 51,462
% of Net Sales, Gross Profit	31.50%	31.90%	31.80%
Operating Income/(Loss)
Operating Income	$ 30,667	$ 22,827	$ 21,512
% of Net Sales, Operating Income	15.30%	14.10%	13.30%
Capital Expenditures
Capital Expenditures	$ 558	$ 377	$ 690
Depreciation & Amortization
Depreciation & Amortization	2,530	1,809	1,930
Home Meridian International [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 278,902	$ 282,423	$ 340,630
% of Net Sales	47.00%	52.30%	55.80%
Gross Profit
Gross Profit	$ 15,213	$ 39,832	$ 36,936
% of Net Sales, Gross Profit	5.50%	14.10%	10.80%
Operating Income/(Loss)
Operating Income	$ (21,260)	$ (26,071)	$ (7,169)
% of Net Sales, Operating Income	(7.60%)	(9.20%)	(2.10%)
Capital Expenditures
Capital Expenditures	$ 4,829	$ 347	$ 496
Depreciation & Amortization
Depreciation & Amortization	2,594	2,160	2,218
Upholstery [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 102,283	$ 83,678	$ 95,670
% of Net Sales	17.20%	15.50%	15.70%
Gross Profit
Gross Profit	$ 19,471	$ 17,121	$ 21,120
% of Net Sales, Gross Profit	19.00%	20.50%	22.10%
Operating Income/(Loss)
Operating Income	$ 4,304	$ (12,418)	$ 6,637
% of Net Sales, Operating Income	4.20%	(14.80%)	6.90%
Capital Expenditures
Capital Expenditures	$ 1,295	$ 475	$ 3,914
Depreciation & Amortization
Depreciation & Amortization	2,678	2,797	2,938
Other Segments [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 11,735	$ 11,538	$ 12,534
% of Net Sales	2.00%	2.10%	2.10%
Gross Profit
Gross Profit	$ 3,872	$ 3,963	$ 4,440
% of Net Sales, Gross Profit	33.00%	34.40%	35.40%
Operating Income/(Loss)
Operating Income	$ 1,132	$ 1,298	$ 1,727
% of Net Sales, Operating Income	9.60%	11.30%	13.80%
Capital Expenditures
Capital Expenditures	$ 10	$ 11	$ 29
Depreciation & Amortization
Depreciation & Amortization	$ 12	$ 12	$ 14

SEGMENT INFORMATION (Details) - Assets from Segments to Consolidated - USD ($) $ in Thousands	Jan. 30, 2022	Jan. 31, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 350,216	$ 325,546
% Total Assets	100.00%	100.00%
Consolidated Goodwill and Intangibles	$ 24,343	$ 26,727
Total Consolidated Assets	374,559	352,273
Hooker Branded [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 170,968	$ 174,475
% Total Assets	48.80%	53.50%
Home Meridian International [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 130,890	$ 100,497
% Total Assets	37.40%	30.90%
Upholstery [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 47,232	$ 49,370
% Total Assets	13.50%	15.20%
Other Segments [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 1,126	$ 1,204
% Total Assets	0.30%	0.40%

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(11))
-URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-Section 55
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(12))
-URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124433192&loc=SL2890621-112765

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (bb)
-URI https://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 25
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(18))
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

SEGMENT INFORMATION (Details) - Revenue from External Customers by Products and Services - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Revenue from External Customer [Line Items]
Net Sales	$ 593,612	$ 540,081	$ 610,824
% Total	100.00%	100.00%	100.00%
Casegoods [Member]
Revenue from External Customer [Line Items]
Net Sales	$ 348,548	$ 329,906	$ 397,192
% Total	59.00%	61.00%	65.00%
Upholstery [Member]
Revenue from External Customer [Line Items]
Net Sales	$ 245,064	$ 210,175	$ 213,632
% Total	41.00%	39.00%	35.00%

- Definition

Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130543-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI https://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

COMMITMENTS, CONTINGENCIES AND OFF BALANCE SHEET ARRANGEMENTS (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2022	Jan. 31, 2021	Feb. 02, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating Leases, Rent Expense	$ 10.1	$ 10.7	$ 11.2
Other Commitment, to be Paid, Year One	9.5
Other Commitment, to be Paid, Year Two	8.2
Other Commitment, to be Paid, Year Three	8.3
Other Commitment, to be Paid, Year Four	7.8
Letters of Credit Outstanding, Amount	$ 7.1

CONCENTRATIONS OF RISK (Details)	12 Months Ended
CONCENTRATIONS OF RISK (Details)	Jan. 30, 2022
CONCENTRATIONS OF RISK (Details) [Line Items]
Imports, Countries	9
Imports, Vendors	5
Vietnam and China [Member] \| Supplier Concentration Risk [Member]
CONCENTRATIONS OF RISK (Details) [Line Items]
Concentration Risk, Percentage	88.00%
Five Vendors [Member] \| Supplier Concentration Risk [Member]
CONCENTRATIONS OF RISK (Details) [Line Items]
Concentration Risk, Percentage	32.00%
One Vendor [Member] \| Supplier Concentration Risk [Member]
CONCENTRATIONS OF RISK (Details) [Line Items]
Concentration Risk, Percentage	9.20%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member]
CONCENTRATIONS OF RISK (Details) [Line Items]
Concentration Risk, Percentage	8.00%
Concentration Risk, Customer	Our top five customers accounted for 26% of our fiscal 2022 consolidated sales
Vietnam and China [Member] \| Five Vendors [Member] \| Supplier Concentration Risk [Member]
CONCENTRATIONS OF RISK (Details) [Line Items]
Concentration Risk, Percentage	42.00%

RELATED PARTY TRANSACTIONS (Details) - Shenandoah Furniture, Inc, [Member]	12 Months Ended
	Jan. 30, 2022 USD ($)
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Number of Leases with Related Parties	4
Related Party Transaction, Description of Transaction	One of our employees has an ownership interest in the entities that own these properties.
Lessee, Operating Lease, Renewal Term	7 years
Lessee, Operating Lease, Term of Contract	84 months
Operating Leases, Rent Expense	$ 784,000

- Definition

A description of the related party transaction, including transactions to which no amounts or nominal amounts were ascribed and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements. Examples of common related party transactions are, sales, purchases and transfers of realty and personal property, services received or furnished, loans and leases to and from top management and affiliates.

+ References + Details

SUBSEQUENT EVENTS (Details) - Subsequent Event [Member] - USD ($) $ / shares in Units, $ in Millions	Mar. 01, 2022	Jan. 31, 2022
SUBSEQUENT EVENTS (Details) [Line Items]
Dividends Payable, Date Declared	Mar. 01, 2022
Common Stock, Dividends, Per Share, Declared	$ 0.2
Dividends Payable, Date to be Paid	Mar. 31, 2022
Dividends Payable, Date of Record	Mar. 17, 2022
Sunset HWM, LLC [Member]
SUBSEQUENT EVENTS (Details) [Line Items]
Payments to Acquire Businesses, Gross		$ 23.5
Business Combination, Contingent Consideration, Liability		4.0
Sunset HWM, LLC [Member] \| Escrow Arrangement [Member]
SUBSEQUENT EVENTS (Details) [Line Items]
Payments to Acquire Businesses, Gross		$ 2.0

SUBSEQUENT EVENTS (Details) - Schedule of Business Acquisitions, by Acquisition - USD ($)	Jan. 31, 2022	Jan. 30, 2022	Jan. 31, 2021
Schedule of Business Acquisitions, by Acquisition [Abstract]
Cash paid for assets acquired	$ 23,500
Net working capital excess to working capital target	411
Escrow Fee	(1)
Earnout	4,000
Purchase consideration	27,910
Net working capital	578
Fixed assets	101
Intangible assets	8,170
Goodwill	19,061	$ 490,000	$ 490,000
Total	$ 27,910