v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Apr. 30, 2022
May 01, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Net sales $ 154,544,000 $ 113,203,000
Cost of sales 93,207,000 67,196,000
Gross profit 61,337,000 46,007,000
Operating expense:    
Distribution and selling 43,149,000 34,247,000
General and administrative 13,650,000 6,436,000
Depreciation and amortization 10,893,000 7,375,000
Restructuring costs 157,000  
Total operating expense 67,850,000 48,058,000
Operating loss (6,513,000) (2,051,000)
Other income (expense):    
Interest income and other 168,000 1,000
Interest expense (5,854,000) (1,313,000)
Total other expense, net (5,686,000) (1,312,000)
Loss before income taxes (12,198,000) (3,363,000)
Income tax provision (16,000) (15,000)
Net loss (12,215,000) (3,378,000)
Less: Net loss attributable to non-controlling interest (319,000) (150,000)
Net loss attributable to shareholders $ (11,896,000) $ (3,228,000)
Net loss per common share $ (0.55) $ (0.21)
Net loss per common share - assuming dilution $ (0.55) $ (0.21)
Weighted average number of common shares outstanding:    
Basic 21,742,286 15,517,454
Diluted 21,742,286 15,517,454

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