He steps back while its cutting then steps right back up when its at the end, hastily grabs the half nuts lever and tries to disengage before the tool runs into the chuck. Then, he winds the carriage back to the other end..whoops forgot to withdraw the tool... and frantically tries to engage the half nuts at the right mark on the thread dial.....whoops forgot to set the tool in for the next depth of cut...... 
You get the idea. There is no 'stepping back time' involved in anything but cnc lathe threading
First you get good, then you get fast. Then grouchiness sets in.
(Note: The opinions expressed in this post are my own and are not necessarily those of CNCzone and its management)