Accounts Payable, Accrued Expenses and Other Current Liabilities

12 Months Ended

Jan. 29, 2022

Accounts Payable, Accrued Expenses and Other Current Liabilities

Accounts Payable, Accrued Expenses and Other Current Liabilities

NOTE 9—ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

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

	JANUARY 29,		JANUARY 30,
	2022		2021
Accounts payable	$	242,035	$	224,906
Accrued compensation		96,859		84,860
Accrued occupancy		28,088		17,671
Accrued sales taxes		24,811		23,706
Accrued freight and duty		21,888		29,754
Accrued professional fees		5,892		5,383
Accrued catalog costs		4,127		4,354
Other accrued expenses		18,679		19,401
Deferred consideration for asset purchase		—		14,387
Total accounts payable and accrued expenses	$	442,379	$	424,422

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

	JANUARY 29,		JANUARY 30,
	2022		2021
Federal and state tax payable	$	31,364	$	49,539
Allowance for sales returns		25,256		25,559
Unredeemed gift card and merchandise credit liability		22,712		19,173
Current portion of term loan		20,000		—
Finance lease liabilities		15,511		14,671
Current portion of equipment promissory notes		13,625		22,747
Other current liabilities		18,155		11,002
Total other current liabilities	$	146,623	$	142,691