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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 29, 2023
Jan. 28, 2023
Apr. 30, 2022
Current assets:      
Cash and cash equivalents $ 19.7 $ 20.2 $ 22.3
Inventories 589.0 584.1 674.5
Prepaid expenses and other current assets 51.2 38.6 58.2
Total current assets 659.9 642.9 755.0
Property, equipment and leasehold improvements, net 288.0 287.8 263.1
Operating lease assets 764.1 778.4 803.2
Goodwill, net 162.0 162.0 162.0
Intangible assets, net 270.0 272.1 373.6
Other assets 33.8 37.6 35.4
Total assets 2,177.8 2,180.8 2,392.3
Current liabilities:      
Accounts payable 209.4 197.5 194.0
Accrued expenses 109.6 119.2 127.4
Current portion of operating lease liabilities 177.2 177.5 169.5
Current portion of long-term debt 6.8 6.8 6.8
Total current liabilities 503.0 501.0 497.7
Long-term debt, net 1,031.9 976.0 931.0
Long-term operating lease liabilities 695.1 707.3 725.5
Long-term deferred income taxes 17.5 16.9 88.8
Other long-term liabilities 27.6 28.7 34.3
Shareholders' equity (deficit):      
Common stock, stated value $0.01 per share; 200.0 million authorized; issued 44.1 million shares at April 29, 2023, April 30, 2022 and January 28, 2023 0.4 0.4 0.4
Additional paid-in capital 212.0 208.0 203.7
Retained (deficit) (293.4) (239.2) (64.5)
Accumulated other comprehensive income 9.1 8.3 5.3
Treasury stock at cost; 2.9 million shares at April 29, 2023, 3.4 million shares at April 30, 2022 and 3.0 million shares at January 28, 2023 (25.4) (26.6) (29.9)
Total shareholders' equity (deficit) (97.3) (49.1) 115.0
Total liabilities and shareholders' equity (deficit) $ 2,177.8 $ 2,180.8 $ 2,392.3