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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jul. 31, 2021
Jan. 30, 2021
Aug. 01, 2020
Current assets:      
Cash and cash equivalents $ 45,248 $ 100,337 $ 27,565
Inventories, net 92,017 62,083 77,078
Income taxes receivable 774 162 6,162
Prepaid expenses and other current assets 8,005 8,116 8,467
Total current assets 146,044 170,698 119,272
Property and equipment:      
Equipment 20,367 20,463 20,732
Furniture and fixtures 71,584 72,775 74,716
Leasehold improvements 107,993 109,501 113,086
Computer software and hardware 80,647 79,260 81,931
Projects in progress 2,666 1,429 2,730
Property and equipment, gross 283,257 283,428 293,195
Accumulated depreciation (226,925) (220,018) (220,519)
Property and equipment, net 56,332 63,410 72,676
Operating lease right-of-use assets 136,381 147,334 165,393
Other assets 6,368 5,670 5,925
Total assets 345,125 387,112 363,266
Current liabilities:      
Accounts payable 50,890 55,173 36,890
Accrued expenses 30,895 37,454 29,056
Operating lease liabilities 42,772 44,973 49,034
Total current liabilities 124,557 137,600 114,980
Operating lease liabilities 129,985 148,976 180,180
Other liabilities 5,981 5,614 7,294
Total liabilities 260,523 292,190 302,454
Shareholders’ equity:      
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at July 31, 2021, January 30, 2021, and August 1, 2020, respectively 0 0 0
Common stock, no par value; 100,000,000 shares authorized; 13,805,130; 14,292,250; and 14,240,081 shares issued and outstanding at July 31, 2021, January 30, 2021, and August 1, 2020, respectively 175,090 174,391 173,543
Accumulated deficit (90,488) (79,469) (112,731)
Total shareholders’ equity 84,602 94,922 60,812
Total liabilities and shareholders’ equity $ 345,125 $ 387,112 $ 363,266