Hooker Furnishings (HOFT) 10-Q 6 Dec 18 2019 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Oct. 28, 2018	Nov. 30, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Hooker Furniture Corp
Document Type	10-Q
Current Fiscal Year End Date	--01-31
Entity Common Stock, Shares Outstanding		11,785,147
Amendment Flag	false
Entity Central Index Key	1,077,688
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Document Period End Date	Oct. 28, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q3
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Ex Transition Period	false

CONDENSED CONSOLIDATED BALANCE

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

CONDENSED CONSOLIDATED BALANC_2

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

CONDENSED CONSOLIDATED STATEMEN

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

CONDENSED CONSOLIDATED STATEM_2

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

CONDENSED CONSOLIDATED STATEM_3

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

1. Preparation of Interim Finan

1. Preparation of Interim Financial Statements	9 Months Ended
	Oct. 28, 2018
Disclosure Text Block [Abstract]
Business Description and Basis of Presentation [Text Block]	1. Preparation of Interim Financial Statements The condensed consolidated financial statements of Hooker Furniture Corporation and subsidiaries (referred to as “we,” “us,” “our,” “Hooker” or the “Company”) have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, these statements include all adjustments necessary for a fair statement of the results of all interim periods reported herein. All such adjustments are of a normal recurring nature, except as indicated in Note 2, below. Certain information and footnote disclosures prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) are condensed or omitted pursuant to SEC rules and regulations. However, we believe that the disclosures made are adequate for a fair presentation of our results of operations and financial position. These financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in our annual report on Form 10-K for the fiscal year ended January 28, 2018 (“2018 Annual Report”). The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect both the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from our estimates. Operating results for the interim periods reported herein may not be indicative of the results expected for the fiscal year. On September 29, 2017, we completed the previously disclosed acquisition of substantially all the assets of Shenandoah Furniture, Inc. (the “Shenandoah acquisition”). The results of operations of Shenandoah were included in our results of operations beginning on September 29, 2017 through the end of our fiscal 2018 third quarter ended on October 29, 2017. The financial statements contained herein are being filed as part of a quarterly report on Form 10-Q covering the thirteen-week period (also referred to as “three months,” “three-month period,” “quarter,” “third quarter” or “quarterly period”) that began July 30, 2018, and the thirty-nine week period (also referred to as “nine months,” “nine-month period” or “year-to-date period”) that began January 29, 2018, which both ended October 28, 2018. This report discusses our results of operations for this period compared to the thirteen-week period that began July 31, 2017 and the thirty-nine week period that began January 30, 2017, which both ended October 29, 2017; and our financial condition as of October 28, 2018 compared to January 28, 2018. References in these notes to the condensed consolidated financial statements of the Company to: ■ the 2019 fiscal year and comparable terminology mean the fiscal year that began January 29, 2018 and will end February 3, 2019; and ■ the 2018 fiscal year and comparable terminology mean the fiscal year that began January 30, 2017 and ended January 28, 2018.

2. Recently Adopted Accounting

2. Recently Adopted Accounting Policies	9 Months Ended
	Oct. 28, 2018
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Error Corrections [Text Block]	2. Recently Adopted Accounting Policies In February 2018, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (“ASU 2018-02”). The new guidance allows the reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. ASU 2018-02 was issued in response to concerns regarding current accounting guidance that requires deferred tax assets and liabilities to be adjusted for the effect of a change in tax laws or rates with the effect included in income from continuing operations in the reporting period that includes the enactment date, even in situations in which the related income tax effects of items in accumulated other comprehensive income were originally recognized in other comprehensive income, rather than net income. Consequently, the stranded tax effects would not reflect the appropriate tax rate. The amendments of this ASU allow an entity to make a reclassification from accumulated other comprehensive income to retained earnings for the stranded tax effects, which is the difference between the historical federal corporate income tax rate of 35.0% and the newly enacted corporate income tax rate of 21.0%. We adopted ASU 2018-02 in the first quarter of fiscal 2019. The adoption resulted in the reclassification of $111,000 from accumulated other comprehensive income to retained earnings in the first quarter of fiscal 2019. In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting (“ASU 2017-09”). ASU 2017-09 was issued to provide clarity and reduce diversity in practice, cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The amendments in this ASU provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. Essentially, an entity will not have to account for the effects of a modification if: (a) the fair value of the modified award is the same immediately before and after the modification; (b) the vesting conditions of the modified award are the same immediately before and after the modification; and (c) the classification of the modified award as either an equity instrument or liability instrument is the same immediately before and after the modification. We adopted the amendments in ASU 2017-09 as of the beginning of our 2019 fiscal year on January 29, 2018. The adoption of this guidance did not have an impact upon our financial condition or results of operations. In March 2017, the FASB issued ASU 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805 Clarifying the Definition of a Business In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments Revenue Recognition In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers We adopted ASU No. 2014-09 as of January 29, 2018 using the modified retrospective method. As a result of adopting Topic 606, we recorded an increase to retained earnings of approximately $210,000, net of tax, as of January 29, 2018, due to the cumulative effect related to the change in accounting for shipments with synthetic FOB destination shipping terms. Results for the reporting period beginning after January 29, 2018 are presented under Topic 606, while prior period amounts continue to be reported in accordance with the Company's historic accounting practices under previous guidance. However, given the nature of our products and our sales terms and conditions, with the exception of sales with synthetic FOB destination shipping terms which are immaterial, the timing and amount of revenue recognized based on the underlying principles of ASU No. 2014-09 are consistent with our revenue recognition policy under previous guidance. In accordance with the new guidance, we recognize revenue at an amount that reflects the consideration we expect to be entitled to receive in exchange for transferring goods or services to our customers. Our policy is to record revenue when control of the goods transfers to the customer. We have a present right to payment at the time of shipment as customers are invoiced at that time. We believe the customer obtains control of goods at the time of shipment, which is typically when title passes. While the customer may not enjoy immediate physical possession of the products, the customers’ right to re-direct shipment indicates control. Net sales are comprised of gross revenues from sales of home furnishings and hospitality furniture products less trade discounts and customer allowances. Other revenues, primarily royalties, are immaterial to our overall results. Payment is typically due within 30-60 days of shipment for customers qualifying for payment terms. Collectability is reasonably assured since we extend credit to customers for whom we have performed credit evaluations and/or from whom we have received a down payment or deposit. Due to the highly-customized nature of our hospitality products, we typically require substantial prepayments on these orders, with the balance due within 30 days of delivery. We regularly review and revise accounts receivable for doubtful accounts and customer allowances based upon historical bad debts and customer allowances and any agreements with specific customers. If the financial condition of a customer or customers were to deteriorate, resulting in an impairment of their ability to make payments, additional bad debt allowances may be required. Orders are generally non-cancellable once loaded into a shipping trailer or container. Physical product returns are very rare due to the high probability of damages to our products in return transit. The transaction price for each contract is the stated price of the product, reduced by any stated discounts or allowances at that point in time. We do not engage in sales of products that attach a future material right which could result in a separate performance obligation for the purchase of goods in the future at a material discount. The implicit contract with the customer, as reflected in the order acknowledgement and invoice, states the final terms of the sale, including the description, quantity, and price of each product purchased. The transaction price reflects the amount of estimated consideration to which we expect to be entitled. This amount of variable consideration included in the transaction price, and measurement of net sales, is included in net sales only to the extent that it is probable that there will be no significant reversal in a future period. In the very limited instances when products are sold under consignment arrangements, we do not recognize revenue until control over such products has transferred to the end consumer. We record contract liabilities when we receive partial or full payment prior to fulfilling a performance obligation. Contract liabilities related to revenues are recorded in “Customer Deposits” on the accompanying condensed consolidated balance sheets. We had contract liabilities of $3.5 million as of October 28, 2018. As part of our adoption of Topic 606, we elected the following practical expedients and policy elections: ■ Sales taxes collected are presented on a net basis, consistent with our policy prior to the adoption of Topic 606. Therefore, this will not affect our financial statements or results of operations; ■ Incremental costs of obtaining a contract, namely sales and designer commissions, are recorded as an expense when incurred in selling, general and administrative expenses, since contracts are on an order to order basis and are therefore short-term in nature. This accounting treatment is consistent with our policy prior to the adoption of Topic 606. Therefore, this will not affect our financial statements or results of operations; and ■ Shipping and handling activities are accounted for as fulfillment activities whether they occur before or after the customer obtains control of the goods. This practice is consistent with our policy prior to the adoption of Topic 606. Therefore, this practice will not affect our financial statements or results of operations.

3. Casualty Loss

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

4. Accounts Receivable

4. Accounts Receivable	9 Months Ended
	Oct. 28, 2018
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	4. Accounts Receivable October 28, January 28, 2018 2018 Trade accounts receivable $ 91,356 $ 98,592 Other accounts receivable allowances (3,472 ) (5,117 ) Allowance for doubtful accounts (906 ) (1,014 ) Accounts receivable $ 86,978 $ 92,461

5. Commitments and Contingencie

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

6. Inventories

6. Inventories	9 Months Ended
	Oct. 28, 2018
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	6. Inventories October 28, January 28, 2018 2018 Finished furniture $ 107,695 $ 92,502 Furniture in process 2,483 1,440 Materials and supplies 9,808 8,780 Inventories at FIFO 119,986 102,722 Reduction to LIFO basis (19,243 ) (18,263 ) Inventories $ 100,743 $ 84,459

7. Property, Plant and Equipmen

7. Property, Plant and Equipment	9 Months Ended
	Oct. 28, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	7. Property, Plant and Equipment Depreciable Lives October 28, January 28, (In years) 2018 2018 Buildings and land improvements 15 - 30 $ 24,539 $ 24,298 Computer software and hardware 3 - 10 18,568 18,302 Machinery and equipment 10 8,827 8,586 Leasehold improvements Term of lease 9,282 8,982 Furniture and fixtures 3 - 10 2,290 2,186 Other 5 652 612 Total depreciable property at cost 64,158 62,966 Less accumulated depreciation 38,786 35,100 Total depreciable property, net 25,372 27,866 Land 1,067 1,067 Construction-in-progress 1,666 316 Property, plant and equipment, net $ 28,105 29,249

8. Fair Value Measurements

8. Fair Value Measurements	9 Months Ended
	Oct. 28, 2018
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	8. Fair Value Measurements Fair value is the price that would be received upon the sale of an asset or paid upon the transfer of a liability (an exit price) in an orderly transaction between market participants on the applicable measurement date. We use a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: ■ Level 1, defined as observable inputs such as quoted prices in active markets for identical assets and liabilities; ■ Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and ■ Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions. As of October 28, 2018 and January 28, 2018, Company-owned life insurance was measured at fair value on a recurring basis based on Level 2 inputs. The fair value of the Company-owned life insurance is determined by inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. Additionally, the fair value of the Company-owned life insurance is marked to market each reporting period and any change in fair value is reflected in income for that period. As of January 28, 2018, the assets of the Home Meridian segment’s legacy Pension Plan (the “Pension Plan”) were measured at fair value on a recurring basis based on Level 1 inputs. Pension Plan assets, held in a trust account by the Plan’s trustee, primarily consisted of a wide-range of mutual fund asset classes, including domestic and international equities, fixed income securities such as corporate bonds, mortgage-backed securities, real estate investments and U.S. Treasuries. As of January 31, 2018, the date of the latest actuarial valuation, Pension Plan assets were netted against the Plan’s Projected Benefit Obligation (“PBO”) on that date to determine the Pension Plan’s funded status. Since the PBO exceeded the market value of the Pension Plan’s assets, the funded status was recorded in our condensed consolidated balance sheets as a net liability. During the fiscal 2019 third quarter, we transferred $3 million to the Pension Plan to reduce the underfunded balance and engaged in a “de-risking” strategy by moving Plan assets into fixed income securities, in order to reduce the volatility of the Plan Assets. As of October 28, 2018, the net asset for this plan was $617,000 shown on the “Other assets” line of our condensed consolidated balance sheets. The market value of pension plan assets shown below is as of January 31, 2018. See Note 11. Employee Benefit Plans for additional information about the Plan. Our assets measured at fair value on a recurring basis at October 28, 2018 and January 28, 2018, were as follows: Fair value at October 28, 2018 Fair value at January 28, 2018 Description Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total (In thousands) Assets measured at fair value Company-owned life insurance $ - $ 23,499 $ - $ 23,499 $ - $ 23,622 $ - $ 23,622 Pension Plan assets* 8,757 - - 8,757 8,757 - - 8,757 * as of January 28, 2018 for Pension Plan assets.

9. Intangible Assets

9. Intangible Assets	9 Months Ended
	Oct. 28, 2018
Disclosure Text Block [Abstract]
Intangible Assets Disclosure [Text Block]	9. Intangible Assets October 28, January 28, Non-amortizable Intangible Assets Segment 2018 2018 Goodwill Home Meridian $ 23,187 $ 23,187 Goodwill All Other 16,871 16,871 Total Goodwill 40,058 40,058 Trademarks and trade names - Home Meridian Home Meridian 11,400 11,400 Trademarks and trade names - Bradington-Young All Other 861 861 Trademarks and trade names - Sam Moore All Other 396 396 Total Trademarks and trade names $ 12,657 $ 12,657 Total non-amortizable assets $ 52,715 $ 52,715 Our amortizable intangible assets are recorded in our Home Meridian segment and All Other. The carrying amounts and changes therein of those amortizable intangible assets were as follows: Amortizable Intangible Assets Customer Relationships Trademarks Totals Balance at January 28, 2018 $ 24,644 $ 838 $ 25,482 Amortization (1,743 ) (45 ) (1,788 ) Balance at October 28, 2018 $ 22,901 $ 793 $ 23,694 For the fourth quarter of fiscal 2019, amortization expense is expected to be approximately $596,000.

10. Long-Term Debt

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

11. Employee Benefit Plans

11. Employee Benefit Plans	9 Months Ended
	Oct. 28, 2018
Retirement Benefits [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	11. Employee Benefit Plans We maintain three retirement plans for the benefit of certain former and current employees, including a supplemental retirement income plan (“SRIP”) for certain former and current employees of Hooker Furniture Corporation, as well as two plans for the benefit of certain and former employees of Pulaski Furniture Corporation, which we assumed when we acquired the business of Home Meridian International. These legacy pension plan obligations include: ■ the Pulaski Furniture Corporation Supplemental Executive Retirement Plan (“SERP”) for certain former executives. The SERP is an unfunded plan and all benefits are paid solely out of our general assets; and ■ the Pension Plan for former Pulaski Furniture Corporation employees. The SRIP, SERP and Pension Plan are all “frozen” and we do not expect to add additional participants to any of these plans in the future. Pension Plan assets include a range of mutual fund asset classes and are measured at fair value using Level 1 inputs, which are quoted prices in active markets. Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, October 29, October 28, October 29, 2018 2017 2018 2017 Net periodic benefit costs Service cost 81 76 243 228 Interest cost 206 280 618 839 Actuarial loss 43 15 129 45 Expected return on pension plan assets (144 ) (234 ) (431 ) (700 ) Expected administrative expenses 70 70 210 210 Consolidated net periodic benefit costs $ 256 $ 207 $ 769 $ 622 We adopted ASU 2017-07 as of the beginning of our 2019 fiscal year on January 29, 2018. Components of net periodic benefit cost other than the service cost for the SRIP, SERP and the Pension Plan are included in the line item “Other income, net” in our condensed consolidated statements of income. Service cost is included in our condensed consolidated statements of income under “Selling and administrative expenses.” The adoption resulted in the reclassification of $131,000 and $393,000 expense from Selling and administrative expenses to Other income, net in the third quarter and first nine months of our fiscal 2018 condensed consolidated statements of income. The expected long-term rate of return on Pension Plan assets is 6.9% as of the Pension Plan’s most recent valuation date of January 28, 2018. We contributed $110,000 in required contributions to the Pension Plan in the fiscal 2019 first quarter. In the third quarter, we made an additional $3 million contribution to the Pension Plan as part of a Pension Plan asset de-risking strategy. As part of this strategy, Pension Plan assets were moved into generally lower risk investments to preserve asset value. No benefits have accrued under the Pension Plan since it was frozen in March 1995. We expect savings from reduced Pension Plan administrative costs and PBGC premiums as a result of this contribution. The SRIP and SERP plans are unfunded plans. Consequently, we expect to pay a total of approximately $179,000 in benefit payments from our general assets during the remainder of fiscal 2019 to fund SRIP and SERP payments.

12. Earnings Per Share

12. Earnings Per Share	9 Months Ended
	Oct. 28, 2018
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	12. Earnings Per Share We refer you to the discussion of Earnings Per Share in Note 1. Summary of Significant Accounting Policies, in the financial statements included in our 2018 Annual Report, for additional information concerning the calculation of earnings per share. We have issued restricted stock awards to non-employee members of the board of directors since 2006 and restricted stock units (“RSUs”) to certain senior executives since fiscal 2012 under the Company’s Stock Incentive Plan. Each RSU entitles an executive to receive one share of the Company’s common stock if the executive remains continuously employed with the Company through the end of a three-year service period. The RSUs may be paid in shares of our common stock, cash or both at the discretion of the Compensation Committee of our board of directors. We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated: October 28, January 28, 2018 2018 Restricted shares 22 16 Restricted stock units 14 19 36 35 All restricted shares and RSUs awarded that have not yet vested are considered when computing diluted earnings per share. The following table sets forth the computation of basic and diluted earnings per share: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, October 29, October 28, October 29, 2018 2017 2018 2017 Net income $ 9,332 $ 7,202 $ 25,181 $ 19,726 Less: Unvested participating restricted stock dividends 3 2 8 8 Net earnings allocated to unvested participating restricted stock 17 10 41 37 Earnings available for common shareholders 9,312 7,190 25,132 19,681 Weighted average shares outstanding for basic earnings per share 11,763 11,679 11,758 11,596 Dilutive effect of unvested restricted stock and RSU awards 15 21 20 30 Weighted average shares outstanding for diluted earnings per share 11,778 11,700 11,778 11,626 Basic earnings per share $ 0.79 $ 0.62 $ 2.14 $ 1.70 Diluted earnings per share $ 0.79 $ 0.61 $ 2.13 $ 1.69

13. Income Taxes

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

14. Segment Information

14. Segment Information	9 Months Ended
	Oct. 28, 2018
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	14. Segment Information As a public reporting entity, we are required to present disaggregated information by segment using the management approach. The objective of this approach is to allow users of our financial statements to see our business through the eyes of management based upon the way management reviews performance and makes decisions. The management approach requires segment information to be reported based on how management internally evaluates the operating performance of the company’s business units or segments. The objective of this approach is to meet the basic principles of segment reporting as outlined in ASC 280 Segments (“ASC 280”), which are to allow the users of our financial statements to: ■ better understand our performance; ■ better assess our prospects for future net cash flows; and ■ make more informed judgments about us as a whole. We define our segments as those operations our chief operating decision maker (“CODM”) regularly reviews to analyze performance and allocate resources. We measure the results of our segments using, among other measures, each segment’s net sales, gross profit and operating income, as determined by the information regularly reviewed by the CODM. We continually monitor our reportable segments for changes in facts and circumstances to determine whether changes in the identification or aggregation of operating segments are necessary. In the fourth quarter of fiscal 2018, we updated our reportable segments as follows: Hooker Upholstery was aggregated with Hooker Casegoods and reported as the Hooker Branded segment. The domestic upholstery operations of Shenandoah Furniture, Sam Moore and Bradington-Young were moved into All Other with the Company’s H Contract business and the remains of the Company’s Homeware division, which was shuttered earlier in fiscal 2018. The Home Meridian segment remains unchanged. Therefore, for financial reporting purposes, we are organized into two reportable segments and “All Other”, which includes the remainder of our businesses: ■ Hooker Branded ■ Home Meridian ■ All Other The following table presents segment information for the periods, and as of the dates, indicated: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, 2018 October 29, 2017 October 28, 2018 October 29, 2017 % Net % Net % Net % Net Net Sales Sales Sales Sales Sales Hooker Branded $ 46,479 27.1 % $ 42,573 27.0 % $ 129,801 26.9 % $ 120,934 27.2 % Home Meridian 95,013 55.4 % 92,068 58.3 % 266,631 55.2 % 262,173 58.9 % All Other 29,982 17.5 % 23,293 14.7 % 86,594 17.9 % 62,007 13.9 % Consolidated $ 171,474 100.0 % $ 157,934 100.0 % $ 483,026 100.0 % $ 445,114 100.0 % Gross Profit Hooker Branded $ 14,334 30.8 % $ 13,096 30.8 % $ 41,372 31.9 % $ 38,177 31.6 % Home Meridian 15,382 16.2 % 15,808 17.2 % 43,196 16.2 % 42,875 16.4 % All Other 6,120 20.4 % 5,374 23.1 % 18,879 21.8 % 14,486 23.4 % Consolidated $ 35,836 20.9 % $ 34,278 21.7 % $ 103,447 21.4 % $ 95,538 21.5 % Operating Income Hooker Branded $ 5,712 12.3 % $ 4,964 11.7 % $ 17,381 13.4 % $ 15,047 12.4 % Home Meridian 4,829 5.1 % 4,637 5.0 % 10,168 3.8 % 10,748 4.1 % All Other 1,720 5.7 % 1,735 7.4 % 5,960 6.9 % 4,706 7.6 % Consolidated $ 12,261 7.2 % $ 11,336 7.2 % $ 33,509 6.9 % $ 30,501 6.9 % Capital Expenditures Hooker Branded $ 350 $ 268 $ 699 $ 1,259 Home Meridian 143 580 330 1,090 All Other 1,138 145 1,435 359 Consolidated $ 1,631 $ 993 $ 2,464 $ 2,708 Depreciation & Amortization Hooker Branded $ 984 $ 490 $ 1,479 $ 1,452 Home Meridian 851 673 1,795 2,012 All Other 1,248 539 2,284 935 Consolidated $ 3,083 $ 1,702 $ 5,558 $ 4,399 As of October 28, As of January 28, 2018 %Total 2018 %Total Identifiable Assets Assets Assets Hooker Branded $ 135,060 47.6 % $ 129,986 47.8 % Home Meridian 109,725 38.7 % 107,139 39.6 % All Other 39,088 13.8 % 34,394 12.6 % Consolidated $ 283,873 100.0 % $ 271,519 100.0 % Consolidated Goodwill and Intangibles 76,409 78,197 Total Consolidated Assets $ 360,282 $ 349,716 Sales by product type are as follows: Net Sales (in thousands) Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, 2018 %Total October 29, 2017 %Total October 28, 2018 %Total October 29, 2017 %Total Casegoods $ 108,584 63 % $ 109,583 69 % $ 304,370 63 % $ 315,415 71 % Upholstery 62,890 37 % 48,351 31 % 178,656 37 % 129,699 29 % $ 171,474 100 % $ 157,934 100 % $ 483,026 100 % $ 445,114 100 %

15. Subsequent Events

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

4. Accounts Receivable (Tables)

4. Accounts Receivable (Tables)	9 Months Ended
	Oct. 28, 2018
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	October 28, January 28, 2018 2018 Trade accounts receivable $ 91,356 $ 98,592 Other accounts receivable allowances (3,472 ) (5,117 ) Allowance for doubtful accounts (906 ) (1,014 ) Accounts receivable $ 86,978 $ 92,461

6. Inventories (Tables)

6. Inventories (Tables)	9 Months Ended
	Oct. 28, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	October 28, January 28, 2018 2018 Finished furniture $ 107,695 $ 92,502 Furniture in process 2,483 1,440 Materials and supplies 9,808 8,780 Inventories at FIFO 119,986 102,722 Reduction to LIFO basis (19,243 ) (18,263 ) Inventories $ 100,743 $ 84,459

7. Property, Plant and Equipm_2

7. Property, Plant and Equipment (Tables)	9 Months Ended
	Oct. 28, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Depreciable Lives October 28, January 28, (In years) 2018 2018 Buildings and land improvements 15 - 30 $ 24,539 $ 24,298 Computer software and hardware 3 - 10 18,568 18,302 Machinery and equipment 10 8,827 8,586 Leasehold improvements Term of lease 9,282 8,982 Furniture and fixtures 3 - 10 2,290 2,186 Other 5 652 612 Total depreciable property at cost 64,158 62,966 Less accumulated depreciation 38,786 35,100 Total depreciable property, net 25,372 27,866 Land 1,067 1,067 Construction-in-progress 1,666 316 Property, plant and equipment, net $ 28,105 29,249

8. Fair Value Measurements (Tab

8. Fair Value Measurements (Tables)	9 Months Ended
	Oct. 28, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Our assets measured at fair value on a recurring basis at October 28, 2018 and January 28, 2018, were as follows: Fair value at October 28, 2018 Fair value at January 28, 2018 Description Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total (In thousands) Assets measured at fair value Company-owned life insurance $ - $ 23,499 $ - $ 23,499 $ - $ 23,622 $ - $ 23,622 Pension Plan assets* 8,757 - - 8,757 8,757 - - 8,757

9. Intangible Assets (Tables)

9. Intangible Assets (Tables)	9 Months Ended
	Oct. 28, 2018
Disclosure Text Block [Abstract]
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]	October 28, January 28, Non-amortizable Intangible Assets Segment 2018 2018 Goodwill Home Meridian $ 23,187 $ 23,187 Goodwill All Other 16,871 16,871 Total Goodwill 40,058 40,058 Trademarks and trade names - Home Meridian Home Meridian 11,400 11,400 Trademarks and trade names - Bradington-Young All Other 861 861 Trademarks and trade names - Sam Moore All Other 396 396 Total Trademarks and trade names $ 12,657 $ 12,657 Total non-amortizable assets $ 52,715 $ 52,715
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Our amortizable intangible assets are recorded in our Home Meridian segment and All Other. The carrying amounts and changes therein of those amortizable intangible assets were as follows: Amortizable Intangible Assets Customer Relationships Trademarks Totals Balance at January 28, 2018 $ 24,644 $ 838 $ 25,482 Amortization (1,743 ) (45 ) (1,788 ) Balance at October 28, 2018 $ 22,901 $ 793 $ 23,694

11. Employee Benefit Plans (Tab

11. Employee Benefit Plans (Tables)	9 Months Ended
	Oct. 28, 2018
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	The SRIP, SERP and Pension Plan are all “frozen” and we do not expect to add additional participants to any of these plans in the future. Pension Plan assets include a range of mutual fund asset classes and are measured at fair value using Level 1 inputs, which are quoted prices in active markets. Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, October 29, October 28, October 29, 2018 2017 2018 2017 Net periodic benefit costs Service cost 81 76 243 228 Interest cost 206 280 618 839 Actuarial loss 43 15 129 45 Expected return on pension plan assets (144 ) (234 ) (431 ) (700 ) Expected administrative expenses 70 70 210 210 Consolidated net periodic benefit costs $ 256 $ 207 $ 769 $ 622

12. Earnings Per Share (Tables)

12. Earnings Per Share (Tables)	9 Months Ended
	Oct. 28, 2018
Earnings Per Share [Abstract]
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	We have issued restricted stock awards to non-employee members of the board of directors since 2006 and restricted stock units (“RSUs”) to certain senior executives since fiscal 2012 under the Company’s Stock Incentive Plan. Each RSU entitles an executive to receive one share of the Company’s common stock if the executive remains continuously employed with the Company through the end of a three-year service period. The RSUs may be paid in shares of our common stock, cash or both at the discretion of the Compensation Committee of our board of directors. We expect to continue to grant these types of awards annually in the future. The following table sets forth the number of outstanding restricted stock awards and RSUs, net of forfeitures and vested shares, as of the fiscal period-end dates indicated: October 28, January 28, 2018 2018 Restricted shares 22 16 Restricted stock units 14 19 36 35
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the computation of basic and diluted earnings per share: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, October 29, October 28, October 29, 2018 2017 2018 2017 Net income $ 9,332 $ 7,202 $ 25,181 $ 19,726 Less: Unvested participating restricted stock dividends 3 2 8 8 Net earnings allocated to unvested participating restricted stock 17 10 41 37 Earnings available for common shareholders 9,312 7,190 25,132 19,681 Weighted average shares outstanding for basic earnings per share 11,763 11,679 11,758 11,596 Dilutive effect of unvested restricted stock and RSU awards 15 21 20 30 Weighted average shares outstanding for diluted earnings per share 11,778 11,700 11,778 11,626 Basic earnings per share $ 0.79 $ 0.62 $ 2.14 $ 1.70 Diluted earnings per share $ 0.79 $ 0.61 $ 2.13 $ 1.69

14. Segment Information (Tables

14. Segment Information (Tables)	9 Months Ended
	Oct. 28, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following table presents segment information for the periods, and as of the dates, indicated: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, 2018 October 29, 2017 October 28, 2018 October 29, 2017 % Net % Net % Net % Net Net Sales Sales Sales Sales Sales Hooker Branded $ 46,479 27.1 % $ 42,573 27.0 % $ 129,801 26.9 % $ 120,934 27.2 % Home Meridian 95,013 55.4 % 92,068 58.3 % 266,631 55.2 % 262,173 58.9 % All Other 29,982 17.5 % 23,293 14.7 % 86,594 17.9 % 62,007 13.9 % Consolidated $ 171,474 100.0 % $ 157,934 100.0 % $ 483,026 100.0 % $ 445,114 100.0 % Gross Profit Hooker Branded $ 14,334 30.8 % $ 13,096 30.8 % $ 41,372 31.9 % $ 38,177 31.6 % Home Meridian 15,382 16.2 % 15,808 17.2 % 43,196 16.2 % 42,875 16.4 % All Other 6,120 20.4 % 5,374 23.1 % 18,879 21.8 % 14,486 23.4 % Consolidated $ 35,836 20.9 % $ 34,278 21.7 % $ 103,447 21.4 % $ 95,538 21.5 % Operating Income Hooker Branded $ 5,712 12.3 % $ 4,964 11.7 % $ 17,381 13.4 % $ 15,047 12.4 % Home Meridian 4,829 5.1 % 4,637 5.0 % 10,168 3.8 % 10,748 4.1 % All Other 1,720 5.7 % 1,735 7.4 % 5,960 6.9 % 4,706 7.6 % Consolidated $ 12,261 7.2 % $ 11,336 7.2 % $ 33,509 6.9 % $ 30,501 6.9 % Capital Expenditures Hooker Branded $ 350 $ 268 $ 699 $ 1,259 Home Meridian 143 580 330 1,090 All Other 1,138 145 1,435 359 Consolidated $ 1,631 $ 993 $ 2,464 $ 2,708 Depreciation & Amortization Hooker Branded $ 984 $ 490 $ 1,479 $ 1,452 Home Meridian 851 673 1,795 2,012 All Other 1,248 539 2,284 935 Consolidated $ 3,083 $ 1,702 $ 5,558 $ 4,399
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	The following table presents segment information for the periods, and as of the dates, indicated: As of October 28, As of January 28, 2018 %Total 2018 %Total Identifiable Assets Assets Assets Hooker Branded $ 135,060 47.6 % $ 129,986 47.8 % Home Meridian 109,725 38.7 % 107,139 39.6 % All Other 39,088 13.8 % 34,394 12.6 % Consolidated $ 283,873 100.0 % $ 271,519 100.0 % Consolidated Goodwill and Intangibles 76,409 78,197 Total Consolidated Assets $ 360,282 $ 349,716
Revenue from External Customers by Products and Services [Table Text Block]	Sales by product type are as follows: Net Sales (in thousands) Thirteen Weeks Ended Thirty-Nine Weeks Ended October 28, 2018 %Total October 29, 2017 %Total October 28, 2018 %Total October 29, 2017 %Total Casegoods $ 108,584 63 % $ 109,583 69 % $ 304,370 63 % $ 315,415 71 % Upholstery 62,890 37 % 48,351 31 % 178,656 37 % 129,699 29 % $ 171,474 100 % $ 157,934 100 % $ 483,026 100 % $ 445,114 100 %

2. Recently Adopted Accountin_2

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

3. Casualty Loss (Details)

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

4. Accounts Receivable

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

5. Commitments and Contingenc_2

5. Commitments and Contingencies (Details) $ in Millions	3 Months Ended
	Oct. 28, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency Accrual, Provision	$ 4
Litigation Settlement, Amount Awarded from Other Party	4
Loss Contingency, Receivable	$ 4

6. Inventories (Details) - S

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

7. Property, Plant and

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

8. Fair Value Measurements (Det

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

8. Fair Value Measurem

8. Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis - USD ($) $ in Thousands		Oct. 28, 2018	Jan. 28, 2018
Assets measured at fair value
Company-owned life insurance		$ 23,499	$ 23,622
Pension Plan assets	[1]	8,757	8,757
Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value
Company-owned life insurance		0	0
Pension Plan assets	[1]	8,757	8,757
Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value
Company-owned life insurance		23,499	23,622
Pension Plan assets	[1]	0	0
Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value
Company-owned life insurance		0	0
Pension Plan assets	[1]	$ 0	$ 0
[1]	as of January 28, 2018 for Pension Plan assets.

9. Intangible Assets (Details)

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

9. Intangible Assets (

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

9. Intangible Assets_2

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

10. Long-Term Debt (Details)

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

11. Employee Benefit Plans (Det

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

11. Employee Benefit Plans

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

12. Earnings Per Share

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

12. Earnings Per Sha_2

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

13. Income Taxes (Details)

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

14. Segment Information (Detail

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

14. Segment Informatio

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

14. Segment Informat_2

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

14. Segment Informat_3

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

15. Subsequent Events (Details)

15. Subsequent Events (Details) - Subsequent Event [Member]	Dec. 06, 2018$ / shares
15. Subsequent Events (Details) [Line Items]
Dividends Payable, Date Declared	Dec. 6, 2018
Common Stock, Dividends, Per Share, Declared	$ 0.15
Dividend, Increasem Precentage	7.10%
Dividend, Increase, Per-Share	$ 0.01
Dividends Payable, Date to be Paid	Dec. 31, 2018
Dividends Payable, Date of Record	Dec. 17, 2018