CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	May 01, 2021	Jan. 30, 2021	May 02, 2020
Current assets:
Cash and cash equivalents	$ 72,275,000	$ 100,337,000	$ 30,140,000
Inventories, net	76,259,000	62,083,000	99,075,000
Income taxes receivable	107,000	162,000	22,014,000
Prepaid expenses and other current assets	8,638,000	8,116,000	7,950,000
Total current assets	157,279,000	170,698,000	159,179,000
Property and equipment:
Equipment	20,361,000	20,463,000	20,974,000
Furniture and fixtures	72,001,000	72,775,000	76,892,000
Leasehold improvements	108,307,000	109,501,000	116,311,000
Computer software and hardware	79,837,000	79,260,000	81,038,000
Projects in progress	2,049,000	1,429,000	2,316,000
Property and equipment, gross	282,555,000	283,428,000	297,531,000
Accumulated depreciation	(222,873,000)	(220,018,000)	(220,156,000)
Property and equipment, net	59,682,000	63,410,000	77,375,000
Operating lease right-of-use assets	142,003,000	147,334,000	183,789,000
Other assets	6,036,000	5,670,000	5,621,000
Total assets	365,000,000	387,112,000	425,964,000
Current liabilities:
Accounts payable	53,107,000	55,173,000	45,876,000
Accrued expenses	31,142,000	37,454,000	24,403,000
Operating lease liabilities	44,280,000	44,973,000	50,792,000
Total current liabilities	128,529,000	137,600,000	121,071,000
Operating lease liabilities	135,383,000	148,976,000	188,221,000
Revolving line of credit	0	0	40,000,000
Other liabilities	5,776,000	5,614,000	6,821,000
Total liabilities	269,688,000	292,190,000	356,113,000
Shareholders’ equity:
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at May 1, 2021, January 30, 2021, and May 2, 2020, respectively	0	0	0
Common stock, no par value; 100,000,000 shares authorized; 14,274,317; 14,292,250; and 14,014,503 shares issued and outstanding at May 1, 2021, January 30, 2021, and May 2, 2020, respectively	174,418,000	174,391,000	173,219,000
Accumulated deficit	(79,106,000)	(79,469,000)	(103,368,000)
Total shareholders’ equity	95,312,000	94,922,000	69,851,000
Total liabilities and shareholders’ equity	$ 365,000,000	$ 387,112,000	$ 425,964,000

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).