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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2023
Jan. 02, 2022
Current assets:    
Cash and cash equivalents $ 25,565 $ 97,420
Accounts receivable, net of allowances of $44 and $62, respectively 12,270 13,654
Merchandise inventories, net 303,493 279,981
Prepaid expenses 16,632 16,293
Total current assets 357,960 407,348
Operating lease right-of-use assets, net 276,016 270,110
Property and equipment, net 58,311 60,401
Deferred income taxes 9,991 12,097
Other assets, net of accumulated amortization of $1,359 and $905, respectively 6,515 3,997
Total assets 708,793 753,953
Current liabilities:    
Accounts payable 67,417 104,359
Accrued expenses 70,261 85,041
Current portion of operating lease liabilities 70,584 76,882
Current portion of finance lease liabilities 3,217 3,518
Total current liabilities 211,479 269,800
Operating lease liabilities, less current portion 214,584 204,134
Finance lease liabilities, less current portion 7,089 6,456
Long-term debt 0 0
Other long-term liabilities 6,857 6,254
Total liabilities 440,009 486,644
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 26,491,750 and 26,109,003 shares, respectively; outstanding 22,184,495 and 22,097,467 shares, respectively 264 260
Additional paid-in capital 126,512 124,909
Retained earnings 196,265 192,261
Less: Treasury stock, at cost; 4,307,255 and 4,011,536 shares, respectively (54,257) (50,121)
Total stockholders' equity 268,784 267,309
Total liabilities and stockholders' equity $ 708,793 $ 753,953