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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Nov. 01, 2025
Feb. 01, 2025
Nov. 02, 2024
Current assets:      
Cash and cash equivalents $ 7,253 $ 5,347 $ 5,749
Accounts receivable 43,433 42,701 62,214
Inventories 390,330 399,602 491,619
Prepaid expenses and other current assets 49,178 20,354 43,109
Total current assets 490,194 468,004 602,691
Long-term assets:      
Property and equipment, net 92,230 97,487 105,486
Right-of-use assets 159,785 161,595 159,374
Tradenames, net 13,000 13,000 13,000
Other assets 7,300 7,466 8,242
Total assets 762,509 747,552 888,793
Current liabilities:      
Revolving loan 297,214 245,659 362,375
Accounts payable 86,151 126,716 125,912
Current portion of operating lease liabilities 56,253 67,407 65,151
Income taxes payable 2,229 2,441 2,413
Accrued expenses and other current liabilities 90,830 75,895 93,142
Total current liabilities 532,677 518,118 648,993
Long-term liabilities:      
Related party long-term debt 107,377 165,974 165,664
Long-term portion of operating lease liabilities 116,854 107,287 108,390
Other tax liabilities 5,589 5,291 5,061
Other long-term liabilities 8,623 10,293 10,259
Total liabilities 771,120 806,963 938,367
Commitments and contingencies (see Note 7)
Stockholders’ deficit:      
Preferred stock, $1.00 par value, 1,000 shares authorized, 0 shares issued and outstanding 0 0 0
Common stock, $0.10 par value, 100,000 shares authorized; 22,171, 12,785, and 12,779 issued; 22,168, 12,782, and 12,776 outstanding 2,217 1,279 1,278
Additional paid-in capital 242,673 151,485 151,359
Treasury stock, at cost (3, 3, and 3 shares) (90) (90) (110)
Deferred compensation 90 90 110
Accumulated other comprehensive loss (17,109) (19,491) (17,517)
Accumulated deficit (236,392) (192,684) (184,694)
Total stockholders’ deficit (8,611) (59,411) (49,574)
Total liabilities and stockholders’ deficit $ 762,509 $ 747,552 $ 888,793