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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
May 04, 2019
Feb. 02, 2019
May 05, 2018
Current assets:      
Cash and cash equivalents $ 32,523 $ 57,946 $ 58,242
Inventories, net 90,406 84,434 83,164
Prepaid expenses and other current assets 9,598 15,561 15,848
Total current assets 132,527 157,941 157,254
Property and equipment:      
Equipment 21,562 21,425 20,935
Furniture and fixtures 81,405 81,523 80,947
Leasehold improvements 126,673 126,784 122,282
Computer software and hardware 70,622 69,444 62,342
Projects in progress 9,925 8,344 10,460
Property and equipment, gross 310,187 307,520 296,966
Accumulated depreciation (203,861) (196,697) (180,154)
Property and equipment, net 106,326 110,823 116,812
Operating lease right-of-use assets 225,100 0 0
Deferred income taxes 5,326 1,703 2,004
Other assets 6,144 6,681 6,531
Total assets 475,423 277,148 282,601
Current liabilities:      
Accounts payable 33,081 40,004 35,362
Accounts payable to related party vendor 9,736 8,166 7,800
Income taxes payable 701 701 4,362
Accrued expenses 23,310 37,665 35,021
Operating lease liabilities 52,090 0 0
Total current liabilities 118,918 86,536 82,545
Deferred rent 0 51,871 54,235
Operating lease liabilities 228,345 0 0
Other liabilities 8,352 7,941 8,416
Total liabilities 355,615 146,348 145,196
Shareholders’ equity:      
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at May 4, 2019, February 2, 2019, or May 5, 2018, respectively 0 0 0
Common stock, no par value; 100,000,000 shares authorized; 14,224,648; 14,504,824; and 15,693,494 shares issued and outstanding at May 4, 2019, February 2, 2019, and May 5, 2018, respectively 170,105 169,477 167,999
Accumulated deficit (50,297) (38,677) (30,594)
Total shareholders’ equity 119,808 130,800 137,405
Total liabilities and shareholders’ equity $ 475,423 $ 277,148 $ 282,601