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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 03, 2019
Feb. 02, 2019
Aug. 04, 2018
Current assets:      
Cash and cash equivalents $ 14,650 $ 57,946 $ 35,359
Inventories, net 108,233 84,434 95,466
Prepaid expenses and other current assets 8,662 15,561 21,053
Total current assets 131,545 157,941 151,878
Property and equipment:      
Equipment 21,575 21,425 21,025
Furniture and fixtures 81,184 81,523 81,371
Leasehold improvements 126,812 126,784 124,133
Computer software and hardware 72,121 69,444 63,474
Projects in progress 10,791 8,344 12,637
Property and equipment, gross 312,483 307,520 302,640
Accumulated depreciation (209,917) (196,697) (185,572)
Property and equipment, net 102,566 110,823 117,068
Operating lease right-of-use assets 219,648 0 0
Deferred income taxes 9,010 1,703 1,344
Other assets 6,229 6,681 7,248
Total assets 468,998 277,148 277,538
Current liabilities:      
Accounts payable 60,537 40,004 42,849
Accounts payable to related party vendor 0 8,166 6,747
Income taxes payable 0 701 0
Accrued expenses 24,646 37,665 35,345
Operating lease liabilities 53,561 0 0
Total current liabilities 138,744 86,536 84,941
Deferred rent 0 51,871 53,080
Operating lease liabilities 218,700 0 0
Deferred income taxes 0 0 411
Other liabilities 9,148 7,941 9,049
Total liabilities 366,592 146,348 147,481
Shareholders’ equity:      
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at August 3, 2019, February 2, 2019, or August 4, 2018, respectively 0 0 0
Common stock, no par value; 100,000,000 shares authorized; 13,961,029; 14,504,824; and 15,741,818 shares issued and outstanding at August 3, 2019, February 2, 2019, and August 4, 2018, respectively 170,869 169,477 168,198
Accumulated deficit (68,463) (38,677) (38,141)
Total shareholders’ equity 102,406 130,800 130,057
Total liabilities and shareholders’ equity $ 468,998 $ 277,148 $ 277,538