Hooker Furnishings (HOFT) 10-Q 8 Dec 22 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Oct. 30, 2022	Dec. 02, 2022
Document Information Line Items
Entity Registrant Name	HOOKER FURNISHINGS CORPORATION
Trading Symbol	HOFT
Document Type	10-Q
Current Fiscal Year End Date	--01-31
Entity Common Stock, Shares Outstanding		11,331,837
Amendment Flag	false
Entity Central Index Key	0001077688
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Document Period End Date	Oct. 30, 2022
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly 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
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, no par value
Security Exchange Name	NASDAQ
Document Transition Report	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 30, 2022	Jan. 30, 2022
Current assets
Cash and cash equivalents	$ 6,508	$ 69,366
Trade accounts receivable, net	76,049	73,727
Inventories	133,943	75,023
Income tax recoverable	2,003	4,361
Prepaid expenses and other current assets	7,914	5,237
Total current assets	226,417	227,714
Property, plant and equipment, net	27,704	28,058
Cash surrender value of life insurance policies	27,587	26,479
Deferred taxes	9,947	11,612
Operating lease right-of-use assets	52,478	51,854
Intangible assets, net	32,669	23,853
Goodwill	14,952	490
Other assets	8,497	4,499
Total non-current assets	173,834	146,845
Total assets	400,251	374,559
Current liabilities
Current portion of long-term debt	1,393	0
Trade accounts payable	30,320	30,916
Accrued salaries, wages and benefits	8,078	7,141
Customer deposits	9,144	7,145
Current portion of operating lease liabilities	6,922	7,471
Other accrued expenses	3,679	4,264
Total current liabilities	59,536	56,937
Long term debt	23,222	0
Deferred compensation	9,443	9,924
Operating lease liabilities	47,504	46,570
Other long-term liabilities	957	0
Total long-term liabilities	81,126	56,494
Total liabilities	140,662	113,431
Shareholders’ equity
Common stock, no par value, 20,000 shares authorized, 11,421 and 11,922 shares issued and outstanding on each date	51,868	53,295
Retained earnings	207,725	207,884
Accumulated other comprehensive loss	(4)	(51)
Total shareholders’ equity	259,589	261,128
Total liabilities and shareholders’ equity	$ 400,251	$ 374,559

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - shares	Oct. 30, 2022	Jan. 30, 2022
Statement of Financial Position [Abstract]
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	11,421,000	11,922,000
Common stock, shares outstanding	11,421,000	11,922,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Income Statement [Abstract]
Net sales	$ 151,580	$ 133,428	$ 451,803	$ 458,807
Cost of sales	119,572	113,421	359,281	373,501
Gross profit	32,008	20,007	92,522	85,306
Selling and administrative expenses	24,712	21,139	72,255	63,343
Intangible asset amortization	878	596	2,634	1,788
Operating income/(loss)	6,418	(1,728)	17,633	20,175
Other income, net	191	133	425	160
Interest expense, net	434	27	546	81
Income/(Loss) before income taxes	6,175	(1,622)	17,512	20,254
Income tax expense/(benefit)	1,334	(403)	3,946	4,563
Net income/(loss)	$ 4,841	$ (1,219)	$ 13,566	$ 15,691
Earnings/(Loss) per share
Basic (in Dollars per share)	$ 0.42	$ (0.1)	$ 1.16	$ 1.32
Diluted (in Dollars per share)	$ 0.42	$ (0.1)	$ 1.14	$ 1.3
Weighted average shares outstanding:
Basic (in Shares)	11,465	11,863	11,736	11,849
Diluted (in Shares)	11,525	11,863	11,838	12,017
Cash dividends declared per share (in Dollars per share)	$ 0.2	$ 0.18	$ 0.6	$ 0.54

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 4,841	$ (1,219)	$ 13,566	$ 15,691
Amortization of actuarial loss	21	100	62	301
Income tax effect on amortization	(5)	(24)	(15)	(72)
Adjustments to net periodic benefit cost	16	76	47	229
Total comprehensive income/(loss)	$ 4,857	$ (1,143)	$ 13,613	$ 15,920

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Operating Activities:
Net income	$ 13,566	$ 15,691
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Depreciation and amortization	6,578	5,623
Deferred income tax expense	1,650	2,266
Noncash restricted stock and performance awards	1,323	367
Provision for doubtful accounts and sales allowances	(3,831)	474
Gain on life insurance policies	(744)	(802)
Changes in assets and liabilities:
Trade accounts receivable	3,069	9,230
Inventories	(56,343)	(7,705)
Income tax recoverable	2,357	(3,098)
Prepaid expenses and other assets	(5,863)	(4,074)
Trade accounts payable	(1,522)	(15,632)
Accrued salaries, wages, and benefits	936	(1,140)
Accrued income taxes	0	(501)
Customer deposits	(1,277)	2,294
Operating lease liabilities	(238)	120
Other accrued expenses	(391)	2,104
Deferred compensation	(419)	(243)
Net cash (used in)/provided by operating activities	(41,149)	4,974
Investing Activities:
Acquisitions	(25,912)	0
Purchases of property and equipment	(3,469)	(6,626)
Premiums paid on life insurance policies	(464)	(533)
Net cash used in investing activities	(29,845)	(7,159)
Financing Activities:
Proceeds from long-term loans	25,000	0
Payments for long-term loans	(350)	0
Proceeds from revolving credit facility	36,190	0
Payments for revolving credit facility	(36,190)	0
Debt issuance cost	(38)	0
Purchase and retirement of common stock	(9,359)	0
Cash dividends paid	(7,117)	(6,437)
Cash provided by/(used in) financing activities	8,136	(6,437)
Net decrease in cash and cash equivalents	(62,858)	(8,622)
Cash and cash equivalents - beginning of year	69,366	65,841
Cash and cash equivalents - end of quarter	6,508	57,219
Supplemental disclosure of cash flow information:
Cash paid/(refund) for income taxes	(1)	5,858
Cash paid for interest, net	293	1
Non-cash transactions:
Increase in lease liabilities arising from changes in right-of-use assets	7,402	23,736
Increase in property and equipment through accrued purchases	$ 112	$ 17

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Jan. 31, 2021	$ 53,323	$ 204,988	$ (808)	$ 257,503
Balance (in Shares) at Jan. 31, 2021	11,888,000
Net income (loss)		15,691		15,691
Unrealized gain loss on defined benefit plan, net of tax			229	229
Cash dividends paid and accrued		(6,437)		(6,437)
Restricted stock grants, net of forfeitures	$ (125)			(125)
Restricted stock grants, net of forfeitures (in Shares)	34,000
Restricted stock compensation cost	$ 813			813
Performance-based restricted stock units costs	419			419
PSU awards	(740)			(740)
Balance at Oct. 31, 2021	$ 53,690	214,242	(579)	267,353
Balance (in Shares) at Oct. 31, 2021	11,922,000
Balance at Aug. 01, 2021	$ 53,473	217,613	(655)	270,431
Balance (in Shares) at Aug. 01, 2021	11,924,000
Net income (loss)		(1,219)		(1,219)
Unrealized gain loss on defined benefit plan, net of tax			76	76
Cash dividends paid and accrued		(2,152)		(2,152)
Restricted stock grants, net of forfeitures	$ (125)			(125)
Restricted stock grants, net of forfeitures (in Shares)	(2,000)
Restricted stock compensation cost	$ 216			216
Performance-based restricted stock units costs	126			126
Balance at Oct. 31, 2021	$ 53,690	214,242	(579)	267,353
Balance (in Shares) at Oct. 31, 2021	11,922,000
Balance at Jan. 30, 2022	$ 53,295	207,884	(51)	$ 261,128
Balance (in Shares) at Jan. 30, 2022	11,922,000			11,922,000
Net income (loss)		13,566		$ 13,566
Unrealized gain loss on defined benefit plan, net of tax			47	47
Cash dividends paid and accrued		(7,117)		(7,117)
Purchase and retirement of common stock	$ (2,751)	(6,608)		(9,359)
Purchase and retirement of common stock (in Shares)	(598,000)
Restricted stock grants, net of forfeitures	$ (102)			(102)
Restricted stock grants, net of forfeitures (in Shares)	97,000
Restricted stock compensation cost	$ 963			963
Performance-based restricted stock units costs	463			463
Balance at Oct. 30, 2022	$ 51,868	207,725	(4)	$ 259,589
Balance (in Shares) at Oct. 30, 2022	11,421,000			11,421,000
Balance at Jul. 31, 2022	$ 53,853	210,994	(19)	$ 264,828
Balance (in Shares) at Jul. 31, 2022	11,959,000
Net income (loss)		4,841		4,841
Unrealized gain loss on defined benefit plan, net of tax			15	15
Cash dividends paid and accrued		(2,323)		(2,323)
Purchase and retirement of common stock	$ (2,436)	(5,787)		(8,223)
Purchase and retirement of common stock (in Shares)	(530,000)
Restricted stock grants, net of forfeitures (in Shares)	(8,000)
Restricted stock compensation cost	$ 297			297
Performance-based restricted stock units costs	154			154
Balance at Oct. 30, 2022	$ 51,868	$ 207,725	$ (4)	$ 259,589
Balance (in Shares) at Oct. 30, 2022	11,421,000			11,421,000

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Statement of Stockholders' Equity [Abstract]
Unrealized loss on defined benefit plan, tax	$ 5	$ 24	$ 15	$ 72
Cash dividends paid and accrued, per share	$ 0.2	$ 0.18	$ 0.6	$ 0.54

Preparation of Interim Financia

Preparation of Interim Financial Statements	9 Months Ended
	Oct. 30, 2022
Accounting Policies [Abstract]
Business Description and Basis of Presentation [Text Block]	1. Preparation of Interim Financial Statements The condensed consolidated financial statements of Hooker Furnishings 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. 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 30, 2022 (“2022 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. The financial statements contained herein are being filed as part of a quarterly report on Form 10-Q covering the 2023 fiscal year thirteen-week period (also referred to as “three months,” “three-month period,” “quarter,” “third quarter” or “quarterly period”) that began August 1, 2022, and the thirty-nine-week period (also referred to as “nine months”, “nine-month period” or “year-to-date period”) that began January 31, 2022, which both ended October 30, 2022. This report discusses our results of operations for these periods compared to the 2022 fiscal year thirteen-week period that began August 2, 2021, and the thirty-nine-week period that began February 1, 2021, which both ended October 31, 2021; and our financial condition as of October 30, 2022 compared to January 30, 2022. References in these notes to the condensed consolidated financial statements of the Company to: ■ the 2023 fiscal year and comparable terminology mean the fifty-two-week fiscal year that began January 31, 2022 and will end January 29, 2023; and ■ the 2022 fiscal year and comparable terminology mean the fifty-two-week fiscal year that began February 1, 2021 and ended January 30, 2022. 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 to acquire substantially all the assets of Sunset West (the “Sunset Acquisition”). Simultaneously, we closed on the transaction by paying $23.9 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. In the fourth quarter of fiscal 2023, we received $639,000 from the seller for the final working capital adjustments. Under the Asset Purchase Agreement, the Company also assumed specified liabilities of Sunset West. Sunset West’s results are included in the Domestic Upholstery segment’s results beginning with the fiscal 2023 first quarter. Consequently, comparable prior-year information for Sunset West is not included in the financial statements presented in this report. The acquisition is discussed in greater detail below in Note 3 Acquisition.

Recently Adopted Accounting Pol

Recently Adopted Accounting Policies	9 Months Ended
	Oct. 30, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Accounting Standards Update and Change in Accounting Principle [Text Block]	2. Recently Adopted Accounting Policies No new accounting pronouncements have been adopted in the 2023 fiscal year. We reviewed newly issued accounting pronouncements and concluded they are either not applicable to our business or are not expected to have a material effect on our consolidated financial statements because of future adoption.

Acquisition

Acquisition	9 Months Ended
	Oct. 30, 2022
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	3. Acquisition In accordance with FASB Accounting Standards Codification Topic 805, “Business Combinations” (“ASC 805”), the Acquisition has been accounted for using the acquisition method of accounting. We recorded assets acquired, including identifiable intangible assets, and liabilities assumed, from Sunset West at their respective fair values at the date of completion of the Acquisition. The excess of the purchase price over the net fair value of such assets and liabilities was recorded as goodwill. The following table summarizes the preliminary estimates of the fair values of the identifiable assets acquired and liabilities assumed in the Acquisition as of October 30, 2022. The preliminary estimates of fair value of identifiable assets acquired and liabilities assumed are subject to revision, which may result in adjustments to the preliminary values presented below, when management’s appraisals and estimates are finalized. In the fourth quarter of fiscal 2023, we received $639,000 from the seller for the final working capital adjustments. 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 Fair value estimates of assets acquired and liabilities assumed Purchase price consideration Cash paid for assets acquired $ 23,909 Cash receivable from the seller for final working capital adjustment (639 ) Escrow 2,003 Fair value of earnout 766 Total purchase price $ 26,039 Accounts receivable $ 1,560 Inventory 2,577 Prepaid expenses and other current assets 90 Property 7 Intangible assets 11,451 Goodwill 14,462 Customer deposits (3,276 ) Accounts payable (816 ) Accrued expenses (16 ) Total purchase price $ 26,039 Property was recorded at fair value and primarily consists of machinery and equipment. Property and equipment will be amortized over their estimated useful lives. Goodwill is calculated as the excess of the purchase price over the net assets acquired. The goodwill recognized is attributable to growth opportunities and expected synergies. All goodwill is expected to be deductible for income tax purposes. Intangible assets, consist of two separately identified assets: ■ Sunset West customer relationships, which are definite-lived intangible assets with an aggregate fair value of $10.4 million. The customer relationships are amortizable and will be amortized over a period of 10 years; and ■ The Sunset West trade name, which is definite-lived intangible asset with fair value of $1.1 million. The trade name is amortizable and will be amortized over a period of 12 years. ■ The total weighted average amortization period for these assets is 10.2 years. We incurred Acquisition-related costs of $414,000 in fiscal 2022 and $69,000 in the first nine months of fiscal 2023. These expenses were included in the “Selling and administrative expenses” line of our fiscal 2022 and fiscal 2023 condensed consolidated statements of operations. Sunset West’s results are included in the Domestic Upholstery segment’s results beginning with the fiscal 2023 first quarter, which include $8.8 million in net sales and $1.4 million of operating income, including $282,000 in intangible amortization expense for the fiscal 2023 third quarter and $23.6 million in net sales and $2.4 million of operating income, including $846,000 in intangible amortization expense for the fiscal 2023 nine-month period.

Accounts Receivable

Accounts Receivable	9 Months Ended
	Oct. 30, 2022
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	4. Accounts Receivable October 30, January 30, 2022 2022 Gross accounts receivable $ 81,479 $ 83,027 Customer allowances (3,832 ) (7,284 ) Allowance for doubtful accounts (1,598 ) (2,016 ) Trade accounts receivable $ 76,049 $ 73,727

Inventories

Inventories	9 Months Ended
	Oct. 30, 2022
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	5. Inventories October 30, January 30, 2022 2022 Finished furniture $ 152,977 $ 89,066 Furniture in process 2,400 2,314 Materials and supplies 13,785 13,179 Inventories at FIFO 169,162 104,559 Reduction to LIFO basis (35,219 ) (29,536 ) Inventories $ 133,943 $ 75,023

Property, Plant and Equipment

Property, Plant and Equipment	9 Months Ended
	Oct. 30, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	6. Property, Plant and Equipment Depreciable Lives October 30, January 30, (In years) 2022 2022 Buildings and land improvements 15 - 30 $ 32,431 $ 32,030 Computer software and hardware 3 - 10 15,860 15,648 Machinery and equipment 10 11,038 10,390 Leasehold improvements Term of lease 11,790 10,984 Furniture and fixtures 3 - 10 5,969 5,829 Other 5 695 676 Total depreciable property at cost 77,783 75,557 Less accumulated depreciation (52,320 ) (49,077 ) Total depreciable property, net 25,463 26,480 Land 1,077 1,077 Construction-in-progress 1,164 501 Property, plant and equipment, net $ 27,704 $ 28,058

Cloud Computing Hosting Arrange

Cloud Computing Hosting Arrangement	9 Months Ended
	Oct. 30, 2022
Disclosure Text Block Supplement [Abstract]
Other Assets Disclosure [Text Block]	7. Cloud Computing Hosting Arrangement We are in the process of implementing a common Enterprise Resource Planning (ERP) system across all divisions and expect to go-live with this system at Sunset West in late fiscal 2023 and in our legacy Hooker divisions in early fiscal 2024, with other segments and divisions following thereafter. Based on the provisions of ASU 2018-15, Intangibles — Goodwill and Other — Internal-Use Software, we capitalize implementation costs incurred to develop internal-use software associated with hosting arrangements that are service contracts. These costs are recorded on “Other noncurrent assets” line of our condensed consolidated balance sheets. Amortization expense is expected to commence at system go-live in the second half of fiscal 2023. The capitalized implementation costs at October 30, 2022 and January 30, 2022 were as follows: Capitalized Implementation Costs Balance at January 30, 2022 $ 3,228 Costs capitalized during the period 4,380 Balance at October 30, 2022 $ 7,608

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Oct. 30, 2022
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 30, 2022 and January 30, 2022, 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 October 30, 2022 and January 30, 2022, were as follows: Fair value at October 30, 2022 Fair value at January 30, 2022 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 $ - $ 27,587 $ - $ 27,587 $ - $ 26,479 $ - $ 26,479

Intangible Assets

Intangible Assets	9 Months Ended
	Oct. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	9. Intangible Assets During the fiscal 2023 nine-month period, we recorded both non-amortizable and amortizable intangible assets because of the Acquisition. Details of these new intangible assets, as well as previously recorded intangible assets assigned to our Domestic Upholstery and Home Meridian segments, are shown in the following two tables: January 30, 2022 October 30, 2022 Non-amortizable Intangible Assets Segment Beginning Balance Acquisition Net Book Value Goodwill - Shenandoah Furniture Domestic Upholstery $ 490 $ - $ 490 Goodwill - Sunset West Domestic Upholstery - 14,462 14,462 Total Goodwill $ 490 $ 14,462 $ 14,952 Trademarks and trade names - Home Meridian Home Meridian 6,650 - 6,650 Trademarks and trade names Domestic Upholstery 1,257 - 1,257 Total Trademarks and trade names $ 7,907 $ - $ 7,907 Total non-amortizable assets $ 8,397 $ 14,462 $ 22,859 Our amortizable intangible assets are recorded in our Home Meridian and 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 30, 2022 $ 15,348 $ 598 $ 15,946 Acquisition 10,401 1,050 11,451 Amortization (2,523 ) (111 ) (2,634 ) Balance at October 30, 2022 $ 23,226 $ 1,537 $ 24,763 For the remainder of fiscal 2023, amortization expense is expected to be approximately $878,000.

Leases

Leases	9 Months Ended
	Oct. 30, 2022
Disclosure Text Block [Abstract]
Lessee, Operating Leases [Text Block]	10. Leases We have operating leases for warehouses, showrooms, manufacturing facilities, offices and equipment. We recognized sub-lease income of $34,000 for the three-month period and $415,000 for the nine-month period, both ended October 30, 2022. We recognized sub-lease income of $266,000 for the three-month period and $561,000 for the nine-month period, both ended October 31, 2021. The components of lease cost and supplemental cash flow information for leases for the three-months and nine-months ended October 30, 2022 and October 31, 2021 were: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 30, 2022 October 31, 2021 October 30, 2022 October 31, 2021 Operating lease cost $ 2,291 $ 1,794 $ 7,089 $ 5,712 Variable lease cost 62 53 172 162 Short-term lease cost 79 27 246 94 Total lease cost $ 2,432 $ 1,874 $ 7,507 $ 5,968 Operating lease cash outflows $ 2,518 $ 1,843 $ 7,745 $ 5,818 The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of October 30, 2022 and January 30, 2022 were as follows: October 30, 2022 January 30, 2022 Real estate $ 51,635 $ 50,749 Property and equipment 843 1,105 Total leases right-of-use assets $ 52,478 $ 51,854 Current portion of operating lease liabilities $ 6,922 $ 7,471 Long term operating lease liabilities 47,504 46,570 Total lease liabilities $ 54,426 $ 54,041 For leases that commenced before July 2022, we used our incremental borrowing rate which was LIBOR plus 1.5%. When we entered into the new loan agreement our incremental borrowing rate for unsecured term loan became the current BSBY rate plus 1.40%. We use this rate as discount rate for leases commenced in July 2022 and thereafter. The weighted-average discount rate is 3.17%. The weighted-average remaining lease term is 8.0 years. The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on October 30, 2022: Undiscounted Future Operating Lease Payments Remainder of 2023 $ 2,152 2024 8,523 2025 8,549 2026 8,516 2027 8,167 2028 and thereafter 26,218 Total lease payments $ 62,125 Less: impact of discounting (7,699 ) Present value of lease payments $ 54,426 As of October 30, 2022, the Company had an additional lease for a showroom in High Point, North Carolina. This lease was commenced in November 2022 with an initial lease term of 10 years and estimated future minimum rental commitments of approximately $23.7 million. Since the lease was not commenced as of October 30, 2022, the undiscounted amounts are not included in our financial statements or in the table above.

Debt

Debt	9 Months Ended
	Oct. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt [Text Block]	11. Debt On July 26, 2022, we entered into the Fourth Amendment to the Second Amended and Restated Loan Agreement (the “Amendment”) with Bank of America, N.A. (“BofA”) to replenish cash used to make the Acquisition. The Second Amended and Restated Loan Agreement dated as of September 29, 2017, had previously been amended by a First Amendment to Second Amended and Restated Loan Agreement dated as of January 31, 2019, a Second Amendment to Second Amended and Restated Loan Agreement dated as of November 4, 2020, and a Third Amendment to Second Amended and Restated Loan Agreement dated as of January 27, 2021 (as so amended, the “Existing Loan Agreement”). Details of the individual credit facilities provided for in the Amendment are as follows: ● Unsecured Revolving Credit Facility. ● 2022 Secured Term Loan. ● 2022 Unsecured Term Loan. We may prepay any outstanding principal amounts borrowed under either the Secured Term Loan or the Unsecured Term Loan at any time, without penalty provided that any payment is accompanied by all accrued interest owed. As of October 30, 2022, $6.6 million was outstanding under the Unsecured Term Loan, $18 million was outstanding under the Secured Term Loan. We incurred $37,500 in debt issuance costs in connection with our term loans. As of October 30, 2022, unamortized loan costs of $35,625 were netted against the carrying value of our term loans on our condensed consolidated balance sheets. The Amendment also included 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: o 2.50:1.0 through July 30, 2023; o 2.25:1.0 through July 30, 2024; and o 2.00:1.00 thereafter. The other financial covenants under the Existing Loan Agreement continue to apply to us, including 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. The Existing Loan Agreement also limits our right to incur other indebtedness, make certain investments and create liens upon our assets, subject to certain exceptions, among other restrictions. The Existing Loan Agreement does 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 Existing Loan Agreement. We were in compliance with each of these financial covenants at October 30, 2022 and expect to remain in compliance with existing covenants through fiscal 2023 and for the foreseeable future. During the fiscal 2023 second quarter, we drew $30.3 million under our $35 million Existing Revolver to cover working capital needs driven by finished goods inventory purchases from our Asian suppliers but had repaid such amounts by the end of the quarter due in part to receiving the proceeds from the Secured Term Loan and Unsecured Term Loan. During the fiscal 2023 third quarter, we drew $5.9 million from the Existing Revolver but repaid such amounts by the end of the quarter. As of October 30, 2022, we had $26.4 million available under our $35 million Existing Revolver to fund working capital needs. Standby letters of credit in the aggregate amount of $8.6 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under the Existing Revolver as of October 30, 2022. There were no additional borrowings outstanding under the Existing Revolver as of October 30, 2022.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Oct. 30, 2022
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 2. Summary of Significant Accounting Policies, in the financial statements included in our 2022 Annual Report, for additional 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: October 30, January 30, 2022 2022 Restricted shares 135 60 RSUs and PSUs 139 78 274 138 All restricted shares, RSUs and PSUs awarded that have not yet vested are considered when computing diluted earnings per share. During the fiscal 2023 nine-month period, we purchased and retired 598,000 shares of our common stock (at an average price of $15.63 per share) under the $20 million share repurchase authorization approved by our board of directors in the second quarter. These repurchases reduced our total outstanding shares and, consequently, reduced the weighted outstanding shares used in our calculation of earnings per share for the fiscal 2023 third quarter and year-to-date periods shown below. The following table sets forth the computation of basic and diluted earnings/(loss) per share: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 30, October 31, October 30, October 31, 2022 2021 2022 2021 Net income/(loss) $ 4,841 $ (1,219 ) $ 13,566 $ 15,691 Less: Unvested participating restricted stock dividends 28 11 74 34 Net earnings allocated to unvested participating restricted stock 58 - 141 84 Earnings/(Loss) available for common shareholders 4,755 (1,230 ) 13,351 15,573 Weighted average shares outstanding for basic earnings per share 11,465 11,863 11,736 11,849 Dilutive effect of unvested restricted stock, RSU and PSU awards 60 - 102 168 Weighted average shares outstanding for diluted earnings per share 11,525 11,863 11,838 12,017 Basic earnings/(loss) per share $ 0.42 $ (0.10 ) $ 1.16 $ 1.32 Diluted earnings/(loss) per share $ 0.42 $ (0.10 ) $ 1.14 $ 1.30

Income Taxes

Income Taxes	9 Months Ended
	Oct. 30, 2022
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	13. Income Taxes We recorded income tax expense of $1.3 million for the fiscal 2023 third quarter compared to income tax benefit of $403,000 for the comparable prior year quarter. The effective tax rates for the fiscal 2023 and 2022 third quarters were 21.6% and 24.8%, respectively. For the fiscal 2023 nine-month period, we recorded income tax expense of $3.9 million, compared to $4.6 million for the comparable prior year period. The effective tax rates for the fiscal 2023 and 2022 nine-month periods were both 22.5%. No material and non-routine positions have been identified that are uncertain tax positions. Tax years ending February 3, 2019 through January 30, 2022 remain subject to examination by federal and state taxing authorities.

Segment Information

Segment Information	9 Months Ended
	Oct. 30, 2022
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	14. Segment Information 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 ■ 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 reportable segments and “All Other”, which includes the remainder of our businesses: ■ Hooker Branded ■ Home Meridian ■ Domestic Upholstery, ■ All Other Changes to segment reporting for fiscal 2023 We regularly monitor our reportable segments for changes in facts and circumstances to determine whether changes in the identification or aggregation of operating segments are necessary. Before the fiscal 2023 first quarter, H Contract’s results included sales of seating products sourced from Sam Moore. Due to a change in the way management internally evaluates operating performance, beginning with fiscal 2023 first quarter Sam Moore’s results now include sales of seating products formerly included in H Contract’s results. Fiscal 2022 results discussed below have been recast to reflect this change. The Hooker Branded and Home Meridian segments are unchanged. As discussed in Note 3 above, we acquired substantially all the assets of Sunset West on the first day of the 2023 fiscal year. Based on our analysis and the requirements of ASC 280: Segment Reporting The following table presents segment information for the periods, and as of the dates, indicated. Prior-year information has been recast to reflect the change discussed above. Thirteen Weeks Ended Thirty-Nine Weeks Ended October 30, October 31, October 30, October 31, 2022 2021 2022 2021 % Net % Net % Net % Net Net Sales Sales Sales Sales Sales Hooker Branded $ 54,696 36.1 % $ 56,037 42.0 % $ 149,743 33.1 % $ 157,304 34.3 % Home Meridian 50,588 33.3 % 46,230 34.6 % 171,721 38.1 % 217,964 47.5 % Domestic Upholstery 43,436 28.7 % 29,302 22.0 % 122,982 27.2 % 78,387 17.1 % All Other 2,860 1.9 % 1,859 1.4 % 7,357 1.6 % 5,152 1.1 % Consolidated $ 151,580 100 % $ 133,428 100 % $ 451,803 100 % $ 458,807 100 % Gross Profit/(Loss) Hooker Branded $ 15,510 28.4 % $ 15,366 27.4 % $ 44,348 29.6 % $ 49,639 31.6 % Home Meridian 5,431 10.7 % (1,807 ) -3.9 % 19,057 11.1 % 17,935 8.2 % Domestic Upholstery 9,918 22.8 % 5,782 19.7 % 26,400 21.5 % 15,936 20.3 % All Other 1,149 40.2 % 666 35.8 % 2,717 36.9 % 1,796 34.9 % Consolidated $ 32,008 21.1 % $ 20,007 15.0 % $ 92,522 20.5 % $ 85,306 18.6 % Operating Income/(Loss) Hooker Branded $ 5,217 9.5 % $ 6,669 11.9 % $ 15,431 10.3 % $ 25,040 15.9 % Home Meridian (3,205 ) -6.3 % (10,181 ) -22.0 % (7,290 ) -4.2 % (9,274 ) -4.3 % Domestic Upholstery 3,823 8.8 % 1,589 5.4 % 8,288 6.7 % 3,890 5.0 % All Other 583 20.4 % 195 10.5 % 1,204 16.4 % 519 10.1 % Consolidated $ 6,418 4.2 % $ (1,728 ) -1.3 % $ 17,633 3.9 % $ 20,175 4.4 % Capital Expenditures (net of disposals) Hooker Branded $ 589 $ 306 $ 1,295 $ 427 Home Meridian 589 2,501 1,221 4,956 Domestic Upholstery 344 344 953 1,233 All Other - 10 - 10 Consolidated $ 1,522 $ 3,161 $ 3,469 $ 6,626 Depreciation & Amortization Hooker Branded $ 479 $ 645 $ 1,600 $ 1,844 Home Meridian 724 710 2,110 1,779 Domestic Upholstery 963 682 2,860 1,991 All Other 3 3 8 9 Consolidated $ 2,169 $ 2,040 $ 6,578 $ 5,623 As of October 30, As of January 30, 2022 %Total 2022 %Total Identifiable Assets Assets Assets Hooker Branded $ 155,965 44.2 % $ 170,968 48.8 % Home Meridian 129,984 36.9 % 130,890 37.4 % Domestic Upholstery 64,884 18.4 % 47,232 13.5 % All Other 1,797 0.5 % 1,126 0.3 % Consolidated $ 352,630 100 % $ 350,216 100 % Consolidated Goodwill and Intangibles 47,621 24,343 Total Consolidated Assets $ 400,251 $ 374,559 Sales by product type are as follows: Net Sales (in thousands) Thirteen Weeks Ended Thirty-Nine Weeks Ended October 30, 2022 %Total October 31, 2021 %Total October 30, 2022 %Total October 31, 2021 %Total Casegoods $ 86,717 57 % $ 75,982 57 % $ 253,748 56 % $ 271,421 59 % Upholstery 64,863 43 % 57,446 43 % 198,055 44 % 187,386 41 % $ 151,580 100 % $ 133,428 100 % $ 451,803 100 % $ 458,807 100 %

Subsequent Events

Subsequent Events	9 Months Ended
	Oct. 30, 2022
Subsequent Events [Abstract]
Subsequent Events [Text Block]	15. Subsequent Events Dividends On December 5, 2022, our board of directors declared a quarterly cash dividend of $0.22 per share which will be paid on December 30, 2022 to shareholders of record at December 16, 2022. This represents a 10% increase over the previous quarterly dividend and the seventh consecutive annual dividend increase.

Acquisition (Tables)

Acquisition (Tables)	9 Months Ended
	Oct. 30, 2022
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Purchase price consideration Fair value estimates of assets acquired and liabilities assumed Purchase price consideration Cash paid for assets acquired $ 23,909 Cash receivable from the seller for final working capital adjustment (639 ) Escrow 2,003 Fair value of earnout 766 Total purchase price $ 26,039 Accounts receivable $ 1,560 Inventory 2,577 Prepaid expenses and other current assets 90 Property 7 Intangible assets 11,451 Goodwill 14,462 Customer deposits (3,276 ) Accounts payable (816 ) Accrued expenses (16 ) Total purchase price $ 26,039

Accounts Receivable (Tables)

Accounts Receivable (Tables)	9 Months Ended
	Oct. 30, 2022
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	October 30, January 30, 2022 2022 Gross accounts receivable $ 81,479 $ 83,027 Customer allowances (3,832 ) (7,284 ) Allowance for doubtful accounts (1,598 ) (2,016 ) Trade accounts receivable $ 76,049 $ 73,727

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Oct. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	October 30, January 30, 2022 2022 Finished furniture $ 152,977 $ 89,066 Furniture in process 2,400 2,314 Materials and supplies 13,785 13,179 Inventories at FIFO 169,162 104,559 Reduction to LIFO basis (35,219 ) (29,536 ) Inventories $ 133,943 $ 75,023

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	9 Months Ended
	Oct. 30, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Depreciable Lives October 30, January 30, (In years) 2022 2022 Buildings and land improvements 15 - 30 $ 32,431 $ 32,030 Computer software and hardware 3 - 10 15,860 15,648 Machinery and equipment 10 11,038 10,390 Leasehold improvements Term of lease 11,790 10,984 Furniture and fixtures 3 - 10 5,969 5,829 Other 5 695 676 Total depreciable property at cost 77,783 75,557 Less accumulated depreciation (52,320 ) (49,077 ) Total depreciable property, net 25,463 26,480 Land 1,077 1,077 Construction-in-progress 1,164 501 Property, plant and equipment, net $ 27,704 $ 28,058

Cloud Computing Hosting Arran_2

Cloud Computing Hosting Arrangement (Tables)	9 Months Ended
	Oct. 30, 2022
Disclosure Text Block Supplement [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	We are in the process of implementing a common Enterprise Resource Planning (ERP) system across all divisions and expect to go-live with this system at Sunset West in late fiscal 2023 and in our legacy Hooker divisions in early fiscal 2024, with other segments and divisions following thereafter. Based on the provisions of ASU 2018-15, Intangibles — Goodwill and Other — Internal-Use Software, we capitalize implementation costs incurred to develop internal-use software associated with hosting arrangements that are service contracts. These costs are recorded on “Other noncurrent assets” line of our condensed consolidated balance sheets. Amortization expense is expected to commence at system go-live in the second half of fiscal 2023. The capitalized implementation costs at October 30, 2022 and January 30, 2022 were as follows: Capitalized Implementation Costs Balance at January 30, 2022 $ 3,228 Costs capitalized during the period 4,380 Balance at October 30, 2022 $ 7,608

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Oct. 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 October 30, 2022 and January 30, 2022, were as follows: Fair value at October 30, 2022 Fair value at January 30, 2022 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 $ - $ 27,587 $ - $ 27,587 $ - $ 26,479 $ - $ 26,479

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Oct. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]	January 30, 2022 October 30, 2022 Non-amortizable Intangible Assets Segment Beginning Balance Acquisition Net Book Value Goodwill - Shenandoah Furniture Domestic Upholstery $ 490 $ - $ 490 Goodwill - Sunset West Domestic Upholstery - 14,462 14,462 Total Goodwill $ 490 $ 14,462 $ 14,952 Trademarks and trade names - Home Meridian Home Meridian 6,650 - 6,650 Trademarks and trade names Domestic Upholstery 1,257 - 1,257 Total Trademarks and trade names $ 7,907 $ - $ 7,907 Total non-amortizable assets $ 8,397 $ 14,462 $ 22,859
Schedule of Finite-Lived Intangible Assets [Table Text Block]	During the fiscal 2023 nine-month period, we recorded both non-amortizable and amortizable intangible assets because of the Acquisition. Details of these new intangible assets, as well as previously recorded intangible assets assigned to our Domestic Upholstery and Home Meridian segments, are shown in the following two tables: Amortizable Intangible Assets Customer Relationships Trademarks Totals Balance at January 30, 2022 $ 15,348 $ 598 $ 15,946 Acquisition 10,401 1,050 11,451 Amortization (2,523 ) (111 ) (2,634 ) Balance at October 30, 2022 $ 23,226 $ 1,537 $ 24,763

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 30, 2022
Disclosure Text Block [Abstract]
Lease, Cost [Table Text Block]	The components of lease cost and supplemental cash flow information for leases for the three-months and nine-months ended October 30, 2022 and October 31, 2021 were: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 30, 2022 October 31, 2021 October 30, 2022 October 31, 2021 Operating lease cost $ 2,291 $ 1,794 $ 7,089 $ 5,712 Variable lease cost 62 53 172 162 Short-term lease cost 79 27 246 94 Total lease cost $ 2,432 $ 1,874 $ 7,507 $ 5,968 Operating lease cash outflows $ 2,518 $ 1,843 $ 7,745 $ 5,818
Schedule of Right-of-Use Assets and Lease Liabilities [Table Text Block]	The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of October 30, 2022 and January 30, 2022 were as follows: October 30, 2022 January 30, 2022 Real estate $ 51,635 $ 50,749 Property and equipment 843 1,105 Total leases right-of-use assets $ 52,478 $ 51,854 Current portion of operating lease liabilities $ 6,922 $ 7,471 Long term operating lease liabilities 47,504 46,570 Total lease liabilities $ 54,426 $ 54,041
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 condensed consolidated balance sheets on October 30, 2022: Undiscounted Future Operating Lease Payments Remainder of 2023 $ 2,152 2024 8,523 2025 8,549 2026 8,516 2027 8,167 2028 and thereafter 26,218 Total lease payments $ 62,125 Less: impact of discounting (7,699 ) Present value of lease payments $ 54,426

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Oct. 30, 2022
Earnings Per Share [Abstract]
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	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: October 30, January 30, 2022 2022 Restricted shares 135 60 RSUs and PSUs 139 78 274 138
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the computation of basic and diluted earnings/(loss) per share: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 30, October 31, October 30, October 31, 2022 2021 2022 2021 Net income/(loss) $ 4,841 $ (1,219 ) $ 13,566 $ 15,691 Less: Unvested participating restricted stock dividends 28 11 74 34 Net earnings allocated to unvested participating restricted stock 58 - 141 84 Earnings/(Loss) available for common shareholders 4,755 (1,230 ) 13,351 15,573 Weighted average shares outstanding for basic earnings per share 11,465 11,863 11,736 11,849 Dilutive effect of unvested restricted stock, RSU and PSU awards 60 - 102 168 Weighted average shares outstanding for diluted earnings per share 11,525 11,863 11,838 12,017 Basic earnings/(loss) per share $ 0.42 $ (0.10 ) $ 1.16 $ 1.32 Diluted earnings/(loss) per share $ 0.42 $ (0.10 ) $ 1.14 $ 1.30

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Oct. 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 change discussed above. Thirteen Weeks Ended Thirty-Nine Weeks Ended October 30, October 31, October 30, October 31, 2022 2021 2022 2021 % Net % Net % Net % Net Net Sales Sales Sales Sales Sales Hooker Branded $ 54,696 36.1 % $ 56,037 42.0 % $ 149,743 33.1 % $ 157,304 34.3 % Home Meridian 50,588 33.3 % 46,230 34.6 % 171,721 38.1 % 217,964 47.5 % Domestic Upholstery 43,436 28.7 % 29,302 22.0 % 122,982 27.2 % 78,387 17.1 % All Other 2,860 1.9 % 1,859 1.4 % 7,357 1.6 % 5,152 1.1 % Consolidated $ 151,580 100 % $ 133,428 100 % $ 451,803 100 % $ 458,807 100 % Gross Profit/(Loss) Hooker Branded $ 15,510 28.4 % $ 15,366 27.4 % $ 44,348 29.6 % $ 49,639 31.6 % Home Meridian 5,431 10.7 % (1,807 ) -3.9 % 19,057 11.1 % 17,935 8.2 % Domestic Upholstery 9,918 22.8 % 5,782 19.7 % 26,400 21.5 % 15,936 20.3 % All Other 1,149 40.2 % 666 35.8 % 2,717 36.9 % 1,796 34.9 % Consolidated $ 32,008 21.1 % $ 20,007 15.0 % $ 92,522 20.5 % $ 85,306 18.6 % Operating Income/(Loss) Hooker Branded $ 5,217 9.5 % $ 6,669 11.9 % $ 15,431 10.3 % $ 25,040 15.9 % Home Meridian (3,205 ) -6.3 % (10,181 ) -22.0 % (7,290 ) -4.2 % (9,274 ) -4.3 % Domestic Upholstery 3,823 8.8 % 1,589 5.4 % 8,288 6.7 % 3,890 5.0 % All Other 583 20.4 % 195 10.5 % 1,204 16.4 % 519 10.1 % Consolidated $ 6,418 4.2 % $ (1,728 ) -1.3 % $ 17,633 3.9 % $ 20,175 4.4 % Capital Expenditures (net of disposals) Hooker Branded $ 589 $ 306 $ 1,295 $ 427 Home Meridian 589 2,501 1,221 4,956 Domestic Upholstery 344 344 953 1,233 All Other - 10 - 10 Consolidated $ 1,522 $ 3,161 $ 3,469 $ 6,626 Depreciation & Amortization Hooker Branded $ 479 $ 645 $ 1,600 $ 1,844 Home Meridian 724 710 2,110 1,779 Domestic Upholstery 963 682 2,860 1,991 All Other 3 3 8 9 Consolidated $ 2,169 $ 2,040 $ 6,578 $ 5,623
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	As of October 30, As of January 30, 2022 %Total 2022 %Total Identifiable Assets Assets Assets Hooker Branded $ 155,965 44.2 % $ 170,968 48.8 % Home Meridian 129,984 36.9 % 130,890 37.4 % Domestic Upholstery 64,884 18.4 % 47,232 13.5 % All Other 1,797 0.5 % 1,126 0.3 % Consolidated $ 352,630 100 % $ 350,216 100 % Consolidated Goodwill and Intangibles 47,621 24,343 Total Consolidated Assets $ 400,251 $ 374,559
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 30, 2022 %Total October 31, 2021 %Total October 30, 2022 %Total October 31, 2021 %Total Casegoods $ 86,717 57 % $ 75,982 57 % $ 253,748 56 % $ 271,421 59 % Upholstery 64,863 43 % 57,446 43 % 198,055 44 % 187,386 41 % $ 151,580 100 % $ 133,428 100 % $ 451,803 100 % $ 458,807 100 %

Preparation of Interim Financ_2

Preparation of Interim Financial Statements (Details) - Sunset West [Member] - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
	Jan. 31, 2022	Oct. 30, 2022	Oct. 30, 2022
Preparation of Interim Financial Statements (Details) [Line Items]
Payments to Acquire Businesses, Gross	$ 23,900		$ 23,909
Business Combination, Acquisition Related Costs			(2,003)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	4,000		(766)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred		$ (639)	$ (639)
Escrow Arrangement [Member]
Preparation of Interim Financial Statements (Details) [Line Items]
Business Combination, Acquisition Related Costs	$ 2,000

Acquisition (Details)

Acquisition (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021	Jan. 30, 2022
Acquisition (Details) [Line Items]
Operating Income (Loss)	$ 6,418,000	$ (1,728,000)	$ 17,633,000	$ 20,175,000
Amortization of Intangible Assets	878,000	$ 596,000	$ 2,634,000	$ 1,788,000
Customer Relationships [Member]
Acquisition (Details) [Line Items]
Finite-Lived Intangible Assets, Remaining Amortization Period			10 years
Amortization of Intangible Assets			$ 2,523,000
Trade Names [Member]
Acquisition (Details) [Line Items]
Finite-Lived Intangible Assets, Remaining Amortization Period			12 years
Sunset West [Member]
Acquisition (Details) [Line Items]
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred	(639,000)		$ (639,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	11,451,000		$ 11,451,000
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life			10 years 2 months 12 days
Business Acquisition, Transaction Costs	69,000		$ 69,000		$ 414,000
Revenue from Contract with Customer, Excluding Assessed Tax	8,800,000		23,600,000
Operating Income (Loss)	1.4		2,400,000
Amortization of Intangible Assets	282,000		846,000
Sunset West [Member] | Customer Relationships [Member]
Acquisition (Details) [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	10,400,000		10,400,000
Sunset West [Member] | Trade Names [Member]
Acquisition (Details) [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 1,100,000		$ 1,100,000

Acquisition (Details) - Schedul

Acquisition (Details) - Schedule of Business Acquisitions, by Acquisition - Sunset West [Member] - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
	Jan. 31, 2022	Oct. 30, 2022	Oct. 30, 2022
Purchase price consideration
Cash paid for assets acquired	$ 23,900		$ 23,909
Cash receivable from the seller for final working capital adjustment		$ (639)	(639)
Escrow Fee			2,003
Fair value of earnout	$ (4,000)		766
Total purchase price			26,039
Accounts receivable		1,560	1,560
Inventory		2,577	2,577
Prepaid expenses and other current assets		90	90
Property and equipment		7	7
Intangible assets		11,451	11,451
Goodwill		14,462	14,462
Customer deposits		(3,276)	(3,276)
Accounts payable		(816)	(816)
Accrued expenses		(16)	(16)
Total purchase price		$ 26,039	$ 26,039

Accounts Receivable (Details) -

Accounts Receivable (Details) - Schedule of Accounts, Notes, Loans and Financing Receivable - USD ($) $ in Thousands	Oct. 30, 2022	Jan. 30, 2022
Schedule Of Accounts Notes Loans And Financing Receivable Abstract
Gross accounts receivable	$ 81,479	$ 83,027
Customer allowances	(3,832)	(7,284)
Allowance for doubtful accounts	(1,598)	(2,016)
Trade accounts receivable	$ 76,049	$ 73,727

Inventories (Details) - Schedul

Inventories (Details) - Schedule of Inventory, Current - USD ($) $ in Thousands	Oct. 30, 2022	Jan. 30, 2022
Schedule Of Inventory Current Abstract
Finished furniture	$ 152,977	$ 89,066
Furniture in process	2,400	2,314
Materials and supplies	13,785	13,179
Inventories at FIFO	169,162	104,559
Reduction to LIFO basis	(35,219)	(29,536)
Inventories	$ 133,943	$ 75,023

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - Property, Plant and Equipment - USD ($) $ in Thousands	9 Months Ended
	Oct. 30, 2022	Jan. 30, 2022
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 77,783	$ 75,557
Less accumulated depreciation	(52,320)	(49,077)
Total depreciable property, net	25,463	26,480
Land	1,077	1,077
Construction-in-progress	1,164	501
Property, plant and equipment, net	27,704	28,058
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 32,431	32,030
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	$ 15,860	15,648
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	$ 11,038	10,390
Property, Plant and Equipment, Depreciable Lives	10
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 11,790	10,984
Property, Plant and Equipment, Depreciable Lives	Term of lease
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 5,969	5,829
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	10
Property, Plant and Equipment, Other Types [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 695	$ 676
Property, Plant and Equipment, Depreciable Lives	5

Cloud Computing Hosting Arran_3

Cloud Computing Hosting Arrangement (Details) - Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure - USD ($) $ in Thousands	9 Months Ended
	Oct. 30, 2022	Jan. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Balance	$ 7,608	$ 3,228
Costs capitalized during the period	$ 4,380

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis - USD ($) $ in Thousands	Oct. 30, 2022	Jan. 30, 2022
Assets measured at fair value
Company-owned life insurance	$ 27,587	$ 26,479
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	27,587	26,479
Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value
Company-owned life insurance	$ 0	$ 0

Intangible Assets (Details)

Intangible Assets (Details) $ in Thousands	Oct. 30, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year	$ 878

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of Indefinite-Lived Intangible Assets $ in Thousands	9 Months Ended
	Oct. 30, 2022 USD ($)
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	$ 14,952
Trademarks and trade names	32,669
Total non-amortizable assets	8,397
Total non-amortizable assets	14,462
Total non-amortizable assets	22,859
Goodwill [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	490
Goodwill	14,462
Goodwill	14,952
Goodwill [Member] | Shenandoah Furniture [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	490
Goodwill	0
Goodwill	490
Goodwill [Member] | Sunset West [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill	0
Goodwill	14,462
Goodwill	14,462
Trademarks and Trade Names [Member]
Indefinite-Lived Intangible Assets [Line Items]
Trademarks and trade names	7,907
Trademarks and trade names	0
Trademarks and trade names	7,907
Trademarks and Trade Names [Member] | Domestic Upholstery [Member]
Indefinite-Lived Intangible Assets [Line Items]
Trademarks and trade names	1,257
Trademarks and trade names	0
Trademarks and trade names	1,257
Trademarks and Trade Names [Member] | Home Meridian International [Member]
Indefinite-Lived Intangible Assets [Line Items]
Trademarks and trade names	6,650
Trademarks and trade names	0
Trademarks and trade names	$ 6,650

Intangible Assets (Details) -_2

Intangible Assets (Details) - Schedule of Finite-Lived Intangible Assets - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Balance			$ 15,946
Acquisition			11,451
Amortization	$ (878)	$ (596)	(2,634)	$ (1,788)
Balance	24,763		24,763
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Balance			15,348
Acquisition			10,401
Amortization			(2,523)
Balance	23,226		23,226
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Balance			598
Acquisition			1,050
Amortization			(111)
Balance	$ 1,537		$ 1,537

Leases (Details)

Leases (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021	Jan. 30, 2022
Leases (Details) [Line Items]
Operating Lease, Lease Income	$ 34,000	$ 266,000	$ 415,000	$ 561,000
Operating Lease, Weighted Average Discount Rate, Percent	3.17%		3.17%
Operating Lease, Weighted Average Remaining Lease Term	8 years		8 years
Lessee, Operating Lease, Term of Contract					10 years
Operating Lease, Payments	$ 2,518,000	$ 1,843,000	$ 7,745,000	$ 5,818,000
Minimum [Member]
Leases (Details) [Line Items]
Operating Lease, Payments			$ 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

Leases (Details) - Lease, Cost - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Leases (Details) - Lease, Cost [Line Items]
Operating lease cost	$ 2,432	$ 1,874	$ 7,507	$ 5,968
Operating cash outflows	2,518	1,843	7,745	5,818
Operating Lease Costs [Member]
Leases (Details) - Lease, Cost [Line Items]
Operating lease cost	2,291	1,794	7,089	5,712
Variable Lease Cost [Member]
Leases (Details) - Lease, Cost [Line Items]
Operating lease cost	62	53	172	162
Leases Less Then 12 Months [Member]
Leases (Details) - Lease, Cost [Line Items]
Operating lease cost	$ 79	$ 27	$ 246	$ 94

Leases (Details) - Schedule of

Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities - USD ($) $ in Thousands	Oct. 30, 2022	Jan. 30, 2022
Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]
Operating leases right-of-use assets	$ 52,478	$ 51,854
Current portion of operating lease liabilities	6,922	7,471
Long term operating lease liabilities	47,504	46,570
Total operating lease liabilities	54,426	54,041
Real Estate [Member]
Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]
Operating leases right-of-use assets	51,635	50,749
Property, Plant and Equipment [Member]
Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]
Operating leases right-of-use assets	$ 843	$ 1,105

Leases (Details) - Lessee, Oper

Leases (Details) - Lessee, Operating Lease, Liability, Maturity - USD ($) $ in Thousands	Oct. 30, 2022	Jan. 30, 2022
Lessee Operating Lease Liability Maturity Abstract
Remainder of 2023	$ 2,152
2024	8,523
2025	8,549
2026	8,516
2027	8,167
2028 and thereafter	26,218
Total lease payments	62,125
Less: impact of discounting	(7,699)
Present value of lease payments	$ 54,426	$ 54,041

Debt (Details)

Debt (Details) - USD ($)		3 Months Ended	9 Months Ended
	Jul. 26, 2022	Jul. 31, 2022	Oct. 30, 2022
Debt (Details) [Line Items]
Line of Credit Facility, Current Borrowing Capacity			$ 26,400,000
Debt Issuance Costs, Line of Credit Arrangements, Gross	$ 37,500		35,625
Line of Credit Facility, Covenant Terms	● Maintain a ratio of funded debt to EBITDA not exceeding:   o 2.50:1.0 through July 30, 2023;   o 2.25:1.0 through July 30, 2024; and   o 2.00:1.00 thereafter.  The other financial covenants under the Existing Loan Agreement continue to apply to us, including 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.
Proceeds from Long-Term Lines of Credit		$ 30,300,000	5,900,000
Letters of Credit Outstanding, Amount			8,600,000
2022 Secured Term Loan [Member]
Debt (Details) [Line Items]
Debt Instrument, Face Amount	$ 18,000,000
2022 Secured Term Loan [Member] | Bloomberg Short-Term Bank Yield Index ("BSBY") [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.90%
2022 Unsecured Term Loan [Member]
Debt (Details) [Line Items]
Debt Instrument, Face Amount	$ 7,000,000
Debt Instrument, Periodic Payment	$ 116,667
Line of Credit Facility, Current Borrowing Capacity			6,600,000
2022 Unsecured Term Loan [Member] | Bloomberg Short-Term Bank Yield Index ("BSBY") [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.40%
Line of Credit [Member]
Debt (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 35,000,000		$ 35,000,000
Debt Instrument, Basis Spread on Variable Rate	1%
Line of Credit [Member] | Bloomberg Short-Term Bank Yield Index ("BSBY") [Member]
Debt (Details) [Line Items]
Line of Credit Facility, Commitment Fee Percentage	1%

Earnings Per Share (Details)

Earnings Per Share (Details) $ / shares in Units, $ in Millions	9 Months Ended
	Oct. 30, 2022 USD ($) $ / shares shares
Earnings Per Share [Abstract]
Treasury Stock, Shares, Retired | shares	598,000
Treasury Stock Acquired, Average Cost Per Share | $ / shares	$ 15.63
Stock Repurchase Program, Authorized Amount | $	$ 20

Earnings Per Share (Details) -

Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units - shares shares in Thousands	Oct. 30, 2022	Jan. 30, 2022
Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	274	138
Restricted Stock [Member]
Earnings Per Share (Details) - Schedule of Restricted Stock and Restricted Stock Units [Line Items]
Number of Shares Outstanding	135	60
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	139	78

Earnings Per Share (Details) _2

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. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Schedule Of Earnings Per Share Basic And Diluted Abstract
Net income/(loss)	$ 4,841	$ (1,219)	$ 13,566	$ 15,691
Less: Unvested participating restricted stock dividends	28	11	74	34
Net earnings allocated to unvested participating restricted stock	58	0	141	84
Earnings/(Loss) available for common shareholders	$ 4,755	$ (1,230)	$ 13,351	$ 15,573
Weighted average shares outstanding for basic earnings per share (in Shares)	11,465	11,863	11,736	11,849
Dilutive effect of unvested restricted stock, RSU and PSU awards (in Shares)	60	0	102	168
Weighted average shares outstanding for diluted earnings per share (in Shares)	11,525	11,863	11,838	12,017
Basic earnings/(loss) per share (in Dollars per share)	$ 0.42	$ (0.1)	$ 1.16	$ 1.32
Diluted earnings/(loss) per share (in Dollars per share)	$ 0.42	$ (0.1)	$ 1.14	$ 1.3

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 1,334	$ (403)	$ 3,946	$ 4,563
Effective Income Tax Rate Reconciliation, Percent	21.60%	24.80%	22.50%	22.50%

Segment Information (Details)

Segment Information (Details)	9 Months Ended
	Oct. 30, 2022
Segment Reporting [Abstract]
Number of Reportable Segments	3

Segment Information (Details) -

Segment Information (Details) - Segment Reporting Information - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Segment Reporting Information [Line Items]
Net Sales	$ 151,580	$ 133,428	$ 451,803	$ 458,807
% of Net Sales	100%	100%	100%	100%
Gross Profit/(Loss)
Gross Profit	$ 32,008	$ 20,007	$ 92,522	$ 85,306
% of Net Sales, Gross Profit	21.10%	15%	20.50%	18.60%
Operating Income/(Loss)
Operating Income	$ 6,418	$ (1,728)	$ 17,633	$ 20,175
% of Net Sales, Operating Income	4.20%	(1.30%)	3.90%	4.40%
Capital Expenditures (net of disposals)
Capital Expenditures	$ 1,522	$ 3,161	$ 3,469	$ 6,626
Depreciation & Amortization
Depreciation & Amortization	2,169	2,040	6,578	5,623
Hooker Branded [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 54,696	$ 56,037	$ 149,743	$ 157,304
% of Net Sales	36.10%	42%	33.10%	34.30%
Gross Profit/(Loss)
Gross Profit	$ 15,510	$ 15,366	$ 44,348	$ 49,639
% of Net Sales, Gross Profit	28.40%	27.40%	29.60%	31.60%
Operating Income/(Loss)
Operating Income	$ 5,217	$ 6,669	$ 15,431	$ 25,040
% of Net Sales, Operating Income	9.50%	11.90%	10.30%	15.90%
Capital Expenditures (net of disposals)
Capital Expenditures	$ 589	$ 306	$ 1,295	$ 427
Depreciation & Amortization
Depreciation & Amortization	479	645	1,600	1,844
Home Meridian International [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 50,588	$ 46,230	$ 171,721	$ 217,964
% of Net Sales	33.30%	34.60%	38.10%	47.50%
Gross Profit/(Loss)
Gross Profit	$ 5,431	$ (1,807)	$ 19,057	$ 17,935
% of Net Sales, Gross Profit	10.70%	(3.90%)	11.10%	8.20%
Operating Income/(Loss)
Operating Income	$ (3,205)	$ (10,181)	$ (7,290)	$ (9,274)
% of Net Sales, Operating Income	(6.30%)	(22.00%)	(4.20%)	(4.30%)
Capital Expenditures (net of disposals)
Capital Expenditures	$ 589	$ 2,501	$ 1,221	$ 4,956
Depreciation & Amortization
Depreciation & Amortization	724	710	2,110	1,779
Upholstery [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 43,436	$ 29,302	$ 122,982	$ 78,387
% of Net Sales	28.70%	22%	27.20%	17.10%
Gross Profit/(Loss)
Gross Profit	$ 9,918	$ 5,782	$ 26,400	$ 15,936
% of Net Sales, Gross Profit	22.80%	19.70%	21.50%	20.30%
Operating Income/(Loss)
Operating Income	$ 3,823	$ 1,589	$ 8,288	$ 3,890
% of Net Sales, Operating Income	8.80%	5.40%	6.70%	5%
Capital Expenditures (net of disposals)
Capital Expenditures	$ 344	$ 344	$ 953	$ 1,233
Depreciation & Amortization
Depreciation & Amortization	963	682	2,860	1,991
Other Segments [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 2,860	$ 1,859	$ 7,357	$ 5,152
% of Net Sales	1.90%	1.40%	1.60%	1.10%
Gross Profit/(Loss)
Gross Profit	$ 1,149	$ 666	$ 2,717	$ 1,796
% of Net Sales, Gross Profit	40.20%	35.80%	36.90%	34.90%
Operating Income/(Loss)
Operating Income	$ 583	$ 195	$ 1,204	$ 519
% of Net Sales, Operating Income	20.40%	10.50%	16.40%	10.10%
Capital Expenditures (net of disposals)
Capital Expenditures	$ 0	$ 10	$ 0	$ 10
Depreciation & Amortization
Depreciation & Amortization	$ 3	$ 3	$ 8	$ 9

Segment Information (Details)_2

Segment Information (Details) - Assets from Segments to Consolidated - USD ($) $ in Thousands	Oct. 30, 2022	Jan. 30, 2022
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 352,630	$ 350,216
% Total Assets	100%	100%
Consolidated Goodwill and Intangibles	$ 47,621	$ 24,343
Total Consolidated Assets	400,251	374,559
Hooker Branded [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 155,965	$ 170,968
% Total Assets	44.20%	48.80%
Home Meridian International [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 129,984	$ 130,890
% Total Assets	36.90%	37.40%
Upholstery [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 64,884	$ 47,232
% Total Assets	18.40%	13.50%
Other Segments [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total Assets	$ 1,797	$ 1,126
% Total Assets	0.50%	0.30%

Segment Information (Details)_3

Segment Information (Details) - Revenue from External Customers by Products and Services - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Revenue from External Customer [Line Items]
Net Sales	$ 151,580	$ 133,428	$ 451,803	$ 458,807
% Total	100%	100%	100%	100%
Casegoods [Member]
Revenue from External Customer [Line Items]
Net Sales	$ 86,717	$ 75,982	$ 253,748	$ 271,421
% Total	57%	57%	56%	59%
Upholstery [Member]
Revenue from External Customer [Line Items]
Net Sales	$ 64,863	$ 57,446	$ 198,055	$ 187,386
% Total	43%	43%	44%	41%

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member]	Dec. 05, 2022
Subsequent Events (Details) [Line Items]
Dividends Payable, Date Declared	Dec. 05, 2022
Dividends Payable, Date to be Paid	Dec. 30, 2022
Dividends Payable, Date of Record	Dec. 16, 2022
Dividend, Percentage Increase	10%