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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2021
Feb. 02, 2020
Assets    
Cash and cash equivalents $ 65,841 $ 36,031
Trade accounts receivable, net (See notes 5 and 6) 83,290 87,653
Inventories (see note 7) 70,159 92,813
Income tax recoverable 0 751
Prepaid expenses and other current assets 4,432 4,719
Total current assets 223,722 221,967
Property, plant and equipment, net (See note 8) 26,780 29,907
Cash surrender value of life insurance policies (See note 10) 25,365 24,888
Deferred taxes (See note 16) 14,173 2,880
Operating leases right-of-use assets (See note 11) 34,613 39,512
Intangible assets, net (See note 9) 26,237 33,371
Goodwill (See note 9) 490 40,058
Other assets 893 1,125
Total non-current assets 128,551 171,741
Total assets 352,273 393,708
Liabilities and Shareholders’ Equity    
Trade accounts payable 32,213 25,493
Accrued salaries, wages and benefits 7,136 4,933
Income tax accrual (See note 16) 501 0
Customer deposits 4,256 3,351
Current portion of lease liabilities (See note 11) 6,650 6,307
Other accrued expenses 3,354 4,211
Current portion of term loans 0 5,834
Total current liabilities 54,110 50,129
Deferred compensation (See note 13) 11,219 11,382
Lease liabilities (See note 11) 29,441 33,794
Long term debt (See note 12) 0 24,282
Total long-term liabilities 40,660 69,458
Total liabilities 94,770 119,587
Common stock, no par value, 20,000 shares authorized, 11,888 and 11,838 shares issued and outstanding on each date 53,323 51,582
Retained earnings 204,988 223,252
Accumulated other comprehensive loss (808) (713)
Total shareholders’ equity 257,503 274,121
Total liabilities and shareholders’ equity $ 352,273 $ 393,708