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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 02, 2020
Feb. 01, 2020
Current assets:    
Cash and cash equivalents $ 108,130 $ 19,923
Short-term investment securities 5 27,562
Inventory 121,885 138,258
Prepaid and other current assets 10,053 14,278
Income tax receivable 85 1,186
Total current assets 240,158 201,207
Property and equipment, net of accumulated depreciation of $267,330 and $262,570 as of May 2, 2020 and February 1, 2020, respectively 64,847 64,985
Operating lease right of use assets 166,749 169,854
Long-term investment securities   15,675
Deferred income taxes 14,334 6,669
Other assets 755 755
Total assets 486,843 459,145
Current liabilities:    
Accounts payable 94,249 79,596
Operating lease liabilities 50,834 42,944
Accrued expenses 11,532 14,755
Accrued compensation 7,524 13,013
Layaway deposits 1,050 554
Total current liabilities 165,189 150,862
Noncurrent operating lease liabilities 133,167 135,316
Revolving credit facility 43,700  
Other long-term liabilities 1,729 1,923
Total liabilities 343,785 288,101
Stockholders’ equity:    
Common stock, $0.01 par value. Authorized 32,000,000 shares; 15,950,332 shares issued as of May 2, 2020 and 15,907,666 shares issued as of February 1, 2020; 10,616,546 shares outstanding as of May 2, 2020 and 10,834,134 shares outstanding as of February 1, 2020 158 157
Paid in capital 93,170 93,180
Retained earnings 165,049 186,772
Treasury stock, at cost; 5,333,786 shares held as of May 2, 2020 and 5,073,532 shares held as of February 1, 2020 (115,319) (109,065)
Total stockholders’ equity 143,058 171,044
Commitments and contingencies (note 9)
Total liabilities and stockholders’ equity $ 486,843 $ 459,145