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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Oct. 29, 2022
Jan. 29, 2022
Oct. 30, 2021
Current assets:      
Cash and cash equivalents $ 11,245 $ 25,003 $ 26,475
Inventories, net 126,315 114,029 115,671
Prepaid expenses and other current assets 7,126 10,537 10,170
Total current assets 144,686 149,569 152,316
Property and equipment:      
Equipment 19,929 20,043 20,261
Furniture and fixtures 68,580 69,823 71,502
Leasehold improvements 106,524 106,065 108,200
Computer software and hardware 80,142 77,311 80,981
Projects in progress 2,594 3,366 3,514
Property and equipment, gross 277,769 276,608 284,458
Accumulated depreciation (235,140) (226,611) (231,608)
Property and equipment, net 42,629 49,997 52,850
Operating lease right-of-use assets 136,280 124,684 128,169
Other assets 7,979 6,939 6,548
Total assets 331,574 331,189 339,883
Current liabilities:      
Accounts payable 47,157 62,535 68,349
Accrued expenses 27,027 30,811 28,593
Operating lease liabilities 40,156 41,268 41,763
Total current liabilities 114,340 134,614 138,705
Operating lease liabilities 119,254 111,021 120,095
Revolving line of credit 60,000 0 0
Other liabilities 4,915 4,428 5,320
Total liabilities 298,509 250,063 264,120
Shareholders’ equity:      
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at October 29, 2022, January 29, 2022, and October 30, 2021, respectively 0 0 0
Common stock, no par value; 100,000,000 shares authorized; 12,754,368; 12,631,347; and 13,007,409 shares issued and outstanding at October 29, 2022, January 29, 2022, and October 30, 2021, respectively 174,949 175,856 175,479
Accumulated deficit (141,884) (94,730) (99,716)
Total shareholders’ equity 33,065 81,126 75,763
Total liabilities and shareholders’ equity $ 331,574 $ 331,189 $ 339,883