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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 29, 2023
Jan. 28, 2023
Jul. 30, 2022
Current assets:      
Cash and cash equivalents $ 19.1 $ 20.2 $ 21.5
Inventories 642.0 584.1 749.9
Prepaid expenses and other current assets 62.6 38.6 78.5
Total current assets 723.7 642.9 849.9
Property, equipment and leasehold improvements, net 282.1 287.8 285.5
Operating lease assets 780.2 778.4 835.0
Goodwill, net 162.0 162.0 162.0
Intangible assets, net 267.8 272.1 371.5
Other assets 44.4 37.6 27.5
Total assets 2,260.2 2,180.8 2,531.4
Current liabilities:      
Accounts payable 261.7 197.5 272.3
Accrued expenses 122.8 119.2 140.4
Current portion of operating lease liabilities 172.0 177.5 159.0
Current portion of long-term debt 6.8 6.8 6.8
Total current liabilities 563.3 501.0 578.5
Long-term debt, net 1,094.7 976.0 1,012.1
Long-term operating lease liabilities 714.8 707.3 771.3
Long-term deferred income taxes 20.4 16.9 86.8
Other long-term liabilities 29.2 28.7 31.5
Shareholders' equity (deficit):      
Common stock, stated value $0.01 per share; 200.0 million authorized; issued 44.1 million shares at july 29, 2023, july 30, 2022 and January 28, 2023 0.4 0.4 0.4
Additional paid-in capital 207.6 208.0 204.5
Retained (deficit) (366.7) (239.2) (126.0)
Accumulated other comprehensive income 15.5 8.3 1.1
Treasury stock at cost; 2.2 million shares at july 29, 2023, 3.3 million shares at july 30, 2022 and 3.0 million shares at January 28, 2023 (19.0) (26.6) (28.8)
Total shareholders' equity (deficit) (162.2) (49.1) 51.2
Total liabilities and shareholders' equity (deficit) $ 2,260.2 $ 2,180.8 $ 2,531.4