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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Net income $ 16,696 $ 4,596
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 5,825 5,568
Impairment of long-lived assets 253 0
Adjustment for exited retail stores (509)  
Loss on disposal of fixed assets 6 20
Loss on debt refinancing   12,702
Noncash interest expense, net 681 1,562
Equity-based compensation 1,254 878
Deferred rent incentives (32) (32)
Deferred income taxes 140 (103)
Changes in operating assets and liabilities:    
Accounts receivable (5,872) (1,114)
Inventories, net 114 (3,203)
Prepaid expenses and other current assets (20) (138)
Accounts payable 438 1,502
Accrued expenses and other current liabilities 4,560 (11,276)
Operating lease assets and liabilities (1,284) (1,553)
Other noncurrent assets and liabilities (751) (1,550)
Net cash provided by operating activities 21,499 7,859
Investing activities:    
Purchases of property and equipment (1,732) (1,504)
Capitalized software (580) (1,421)
Net cash used in investing activities (2,312) (2,925)
Financing activities:    
Proceeds from issuance of Term Loan   164,050
Third-party debt financing costs   (3,686)
Surrender of shares to pay withholding taxes (2,054) (1,930)
Net cash used in financing activities (4,242) (64,096)
Net change in cash and cash equivalents 14,945 (59,162)
Cash and cash equivalents:    
Beginning of Period 62,172 87,053
End of Period 77,117 27,891
Term Loan [Member]    
Financing activities:    
Principal repayments $ (2,188)  
Priming Term Loan [Member]    
Financing activities:    
Principal repayments   (201,349)
Subordinated Term Loan-Related Party [Member]    
Financing activities:    
Principal repayments   $ (21,181)