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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Nov. 02, 2024
Feb. 03, 2024
Oct. 28, 2023
Current assets:      
Cash and cash equivalents $ 6,756 $ 3,805 $ 5,765
Inventories, net 111,219 74,090 105,190
Prepaid expenses and other current assets 6,494 7,614 5,863
Total current assets 124,469 85,509 116,818
Property and equipment:      
Equipment 19,067 19,144 19,556
Furniture and fixtures 62,846 63,823 65,302
Leasehold improvements 99,923 100,393 101,925
Computer software and hardware 78,765 78,580 83,236
Projects in progress 526 647 643
Property and equipment, gross 261,127 262,587 270,662
Accumulated depreciation (237,289) (232,882) (239,014)
Property and equipment, net 23,838 29,705 31,648
Operating lease right-of-use assets 123,916 126,725 130,513
Other assets 7,591 8,634 6,848
Total assets 279,814 250,573 285,827
Current liabilities:      
Accounts payable 61,177 46,010 55,729
Accrued expenses 23,830 23,163 23,484
Operating lease liabilities 38,541 40,018 39,966
Total current liabilities 123,548 109,191 119,179
Operating lease liabilities 99,222 99,772 108,248
Long-term debt, net 80,397 34,000 62,000
Other liabilities 3,779 4,486 3,685
Total liabilities 306,946 247,449 293,112
Shareholders’ equity:      
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at November 2 , 2024, February 3, 2024, and October 28 , 2023, respectively 0 0 0
Common stock, no par value; 100,000,000 shares authorized; 13,117,942; 12,926,022; and 12,923,677, shares issued and outstanding at November 2, 2024, February 3, 2024, and October 28, 2023, respectively 177,310 176,552 176,260
Accumulated deficit (204,442) (173,428) (183,545)
Total shareholders' (deficit) equity (27,132) 3,124 (7,285)
Total liabilities and shareholders' (deficit) equity $ 279,814 $ 250,573 $ 285,827