Accounts Payable, Accrued Expenses and Other Current Liabilities

12 Months Ended

Feb. 01, 2020

Accounts Payable, Accrued Expenses and Other Current Liabilities

Accounts Payable, Accrued Expenses and Other Current Liabilities

NOTE 7—ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accounts payable and accrued expenses consist of the following (in thousands):

	February 1,		February 2,
	2020		2019
Accounts payable	$	180,714	$	183,039
Accrued compensation		64,659		64,192
Accrued freight and duty		25,170		20,787
Accrued sales taxes		19,618		18,354
Accrued occupancy		12,067		10,839
Accrued catalog costs		8,267		10,276
Accrued professional fees		4,381		2,050
Other accrued expenses		15,433		10,960
Total accounts payable and accrued expenses	$	330,309	$	320,497

Other current liabilities consist of the following (in thousands):

	February 1,		February 2,
	2020		2019
Promissory notes on asset under construction	$	53,000	$	—
Current portion of debt		22,009		892
Allowance for sales returns		19,206		19,821
Unredeemed gift card and merchandise credit liability		16,625		17,192
Federal and state taxes payable		13,591		719
Finance lease liabilities		9,188		9,184
Product recall reserve		2,055		7,767
Other current liabilities		5,040		3,881
Provision for legal settlement (1)		—		50,000
Total other current liabilities	$	140,714	$	109,456

(1) Refer to Note 18—Commitments and Contingencies.