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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 02, 2020
Feb. 01, 2020
Current assets:    
Cash and cash equivalents $ 82,286 $ 49,917
Short-term investments 499 8,977
Accounts receivable, net 20,559 24,290
Inventories 132,855 123,606
Income taxes receivable 10,913 1,043
Prepaid expenses and other current assets 14,610 10,956
Total current assets 261,722 218,789
Operating right-of-use assets 106,430 114,790
Property, plant, and equipment, net 69,669 73,027
Intangible assets, net 53,865 56,305
Goodwill 44,254 44,254
Long-term investments 2,271 14,912
Deferred income taxes 6,919 7,656
Other assets 6,267 5,328
Total assets 551,397 535,061
Current liabilities:    
Accounts payable 23,735 20,235
Accrued employment costs 5,660 11,412
Short-term operating lease liabilities 27,048 21,347
Earn-out liability 0 18,448
Other accrued liabilities 12,644 13,850
Income taxes payable 90 2,113
Total current liabilities 69,177 87,405
Long-term operating lease liabilities 107,699 113,775
Long-term debt 60,000 0
Other long-term liabilities 89 62
Total liabilities 236,965 201,242
Commitments and contingencies
Redeemable noncontrolling interest 38,858 30,049
Shareholders’ equity:    
Preferred stock; 5,000 shares authorized, no shares issued or outstanding 0 0
Common stock, without par value; 200,000 shares authorized, 41,792 and 41,515 shares issued and 33,399 and 33,503 shares outstanding, respectively 0 0
Additional paid-in-capital 99,879 100,357
Retained earnings 282,772 307,414
Accumulated other comprehensive (loss) income (17) 158
Treasury stock (107,060) (104,159)
Total shareholders’ equity of Vera Bradley, Inc. 275,574 303,770
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity $ 551,397 $ 535,061