XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 01, 2020
Aug. 03, 2019
Aug. 01, 2020
Aug. 03, 2019
Income Statement [Abstract]        
Net sales $ 124,722 $ 119,885 $ 201,969 $ 249,533
Cost of sales 89,002 88,536 156,013 171,992
Cost of sales related to merchandise purchased from related party vendor 0 4,776 0 14,749
Cost of sales 89,002 93,312 156,013 186,741
Gross profit 35,720 26,573 45,956 62,792
Operating expenses:        
Compensation and benefits 20,236 27,162 38,814 54,218
Other operating expenses 13,594 16,656 28,161 34,790
Depreciation (exclusive of depreciation included in cost of sales) 1,569 1,736 3,070 3,575
Asset impairment 5,666 1,981 8,850 3,859
Total operating expenses 41,065 47,535 78,895 96,442
Operating loss (5,345) (20,962) (32,939) (33,650)
Interest expense 169 68 389 138
Other income (66) (226) (186) (554)
Loss before income taxes (5,448) (20,804) (33,142) (33,234)
Income tax expense (benefit) 3,915 (3,684) (16,341) (7,193)
Net loss $ (9,363) $ (17,120) $ (16,801) $ (26,041)
Loss per share:        
Basic $ (0.66) $ (1.21) $ (1.20) $ (1.83)
Diluted $ (0.66) $ (1.21) $ (1.20) $ (1.83)
Weighted average shares outstanding:        
Basic 14,123 14,110 14,057 14,241
Diluted 14,123 14,110 14,057 14,241