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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 29, 2017
Jan. 28, 2017
Jul. 30, 2016
Current assets:      
Cash and cash equivalents $ 48,694 $ 63,937 $ 29,581
Inventories, net 73,391 75,447 74,166
Prepaid expenses and other current assets 19,457 13,656 19,874
Total current assets 141,542 153,040 123,621
Property and equipment:      
Equipment 20,091 19,525 19,107
Furniture and fixtures 78,432 78,492 75,533
Leasehold improvements 112,435 109,494 104,431
Computer software and hardware 56,532 52,740 50,238
Projects in progress 6,400 5,520 5,217
Property and equipment, gross 273,890 265,771 254,526
Accumulated depreciation (162,667) (154,901) (142,369)
Property and equipment, net 111,223 110,870 112,157
Deferred income taxes 1,022 1,198 0
Other assets 6,026 5,038 3,184
Total assets 259,813 270,146 238,962
Current liabilities:      
Accounts payable 29,166 32,890 29,067
Accounts payable to related party vendor 4,618 5,008 3,317
Income taxes payable 0 6,273 0
Accrued expenses 31,030 30,270 26,446
Total current liabilities 64,814 74,441 58,830
Deferred rent 53,384 52,656 52,185
Deferred income taxes 2,172 479 1,784
Other liabilities 9,674 8,757 7,610
Total liabilities 130,044 136,333 120,409
Shareholders’ equity:      
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at July 29, 2017, January 28, 2017, or July 30, 2016, respectively 0 0 0
Common stock, no par value; 100,000,000 shares authorized; 16,011,169; 15,906,635; and 15,890,898 shares issued and outstanding at July 29, 2017, January 28, 2017, and July 30, 2016, respectively 166,408 165,245 163,682
Accumulated deficit (36,639) (31,432) (45,129)
Total shareholders’ equity 129,769 133,813 118,553
Total liabilities and shareholders’ equity $ 259,813 $ 270,146 $ 238,962