XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 29, 2017
Jan. 28, 2017
Jul. 30, 2016
Current Assets:      
Cash and cash equivalents $ 43,520 $ 48,301 $ 41,466
Accounts receivable, net of allowances of $3,469 at Jul. 29, 2017, $3,073 at Jan. 28, 2017 and $3,171 at Jul. 30, 2016 39,411 43,525 46,469
Inventories 670,104 563,677 663,708
Prepaids and other current assets 83,578 61,470 69,381
Total current assets 836,613 716,973 821,024
Property and equipment:      
Land 7,881 7,773 7,872
Buildings and building equipment 56,222 52,673 50,761
Computer hardware, software and equipment 192,880 179,926 190,689
Furniture and fixtures 219,025 211,833 209,246
Construction in progress 55,374 33,660 27,341
Improvements to leased property 375,636 366,186 363,000
Property and equipment, at cost 907,018 852,051 848,909
Accumulated depreciation (544,714) (521,440) (527,678)
Property and equipment, net 362,304 330,611 321,231
Deferred income taxes 11,918 13,372 27,015
Goodwill 276,209 271,222 277,028
Trademarks, net of accumulated amortization of $5,590 at Jul. 29, 2017, $5,574 at Jan. 28, 2017 and $5,372 at Jul. 30, 2016 86,150 84,327 86,035
Other intangibles, net of accumulated amortization of $16,785 at Jul. 29, 2017, $16,200 at Jan. 28, 2017 and $16,303 at Jul. 30, 2016 2,129 2,392 3,123
Other noncurrent assets 22,190 22,102 43,201
Total Assets 1,597,513 1,440,999 1,578,657
Current Liabilities:      
Accounts payable 242,729 170,751 269,371
Accrued employee compensation 20,297 31,128 23,529
Accrued other taxes 19,555 23,101 22,415
Accrued income taxes 64 7,568 4,288
Current portion – long-term debt 2,051 9,175 10,620
Other accrued liabilities 64,225 64,333 64,233
Provision for discontinued operations 2,111 3,330 13,249
Total current liabilities 351,032 309,386 407,705
Long-term debt 188,823 73,730 124,981
Pension liability 5,989 6,265 9,487
Deferred rent and other long-term liabilities 133,059 127,384 147,852
Provision for discontinued operations 1,713 1,713 1,713
Total liabilities 680,616 518,478 691,738
Commitments and contingent liabilities
Equity:      
Non-redeemable preferred stock 1,061 1,060 1,071
Common equity:      
Common stock, $1 par value: Authorized: 80,000,000 shares Issued/Outstanding: July 29, 2017 – 20,407,483/19,919,019, January 28, 2017 – 20,354,272/19,865,808, July 30, 2016 – 21,109,751/20,621,287 20,408 20,354 21,110
Additional paid-in capital 244,083 237,677 230,372
Retained earnings 710,445 731,111 697,768
Accumulated other comprehensive loss (42,806) (51,292) (47,105)
Treasury shares, at cost (488,464 shares) (17,857) (17,857) (17,857)
Total Genesco equity 915,334 921,053 885,359
Noncontrolling interest – non-redeemable 1,563 1,468 1,560
Total equity 916,897 922,521 886,919
Total Liabilities and Equity $ 1,597,513 $ 1,440,999 $ 1,578,657