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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 29, 2022
Jan. 30, 2021
Current assets:    
Cash and cash equivalents $ 25,003 $ 100,337
Inventories, net 114,029 62,083
Prepaid expenses and other current assets 10,537 8,278
Total current assets 149,569 170,698
Property and equipment:    
Equipment 20,043 20,463
Furniture and fixtures 69,823 72,775
Leasehold improvements 106,065 109,501
Computer software and hardware 77,311 79,260
Projects in progress 3,366 1,429
Property and equipment, gross 276,608 283,428
Accumulated depreciation (226,611) (220,018)
Property and equipment, net 49,997 63,410
Operating lease right-of-use assets 124,684 147,334
Other assets 6,939 5,670
Total assets 331,189 387,112
Current liabilities:    
Accounts payable 62,535 55,173
Accrued expenses 30,811 37,454
Operating lease liabilities 41,268 44,973
Total current liabilities 134,614 137,600
Operating lease liabilities 111,021 148,976
Other liabilities 4,428 5,614
Total liabilities 250,063 292,190
Commitments and contingencies (Note 8)
Shareholders’ equity:    
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at January 29, 2022, and January 30, 2021 0 0
Common stock, no par value, 100,000,000 shares authorized; 12,631,347 and 14,292,250 shares issued and outstanding at January 29, 2022, and January 30, 2021, respectively 175,856 174,391
Accumulated deficit (94,730) (79,469)
Total shareholders’ equity 81,126 94,922
Total liabilities and shareholders’ equity $ 331,189 $ 387,112