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Interim Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Nov. 12, 2011
Feb. 05, 2011
Current assets:    
Cash and cash equivalents $ 4,589 $ 5,363
Accounts receivable:    
Trade 7,694 4,707
Other 515 971
Inventories 11,629 7,460
Prepaid expenses and other current assets 6,197 4,971
Refundable income taxes 2,247 0
Deferred tax assets 10,621 5,976
Assets held for sale 0 641
Total current assets 43,492 30,089
Property and equipment:    
Land 2,185 2,185
Buildings and building improvements 25,628 25,343
Leasehold improvements 4,901 4,383
Photographic, sales and manufacturing equipment 180,999 176,974
Property not in use (see Note 4) 3,401 3,401
Total 217,114 212,286
Less accumulated depreciation and amortization 183,924 176,288
Property and equipment, net 33,190 35,998
Prepaid debt fees 1,412 1,838
Goodwill 21,842 22,874
Intangible assets, net 35,868 37,862
Deferred tax assets 10,963 7,166
Other assets 8,594 7,973
TOTAL ASSETS 155,361 143,800
Current liabilities:    
Current portion of long-term debt (see Note 7) 73,500 0
Accounts payable 8,942 4,570
Accrued employment costs 9,642 8,905
Customer deposit liability 18,034 16,403
Sales taxes payable 3,478 3,517
Accrued advertising expenses 3,235 995
Accrued expenses and other liabilities 14,389 14,813
Total current liabilities 131,220 49,203
Long-term debt, less current maturities (see Note 7) 0 48,900
Accrued pension plan obligations 13,722 14,862
Other liabilities 14,021 16,565
Total liabilities 158,963 129,530
CONTINGENCIES (see Note 11)      
STOCKHOLDERS' (DEFICIT) EQUITY    
Preferred stock 0 0
Common stock, $0.40 par value, 16,000,000 and 50,000,000 shares authorized at November 12, 2011 and February 5, 2011, respectively; 9,134,956 and 9,129,013 shares outstanding at November 12, 2011, and February 5, 2011, respectively 3,668 3,652
Additional paid-in capital 31,869 30,785
Retained earnings 21,889 40,794
Accumulated other comprehensive loss (13,007) (12,927)
Total stockholders' equity excluding treasury stock and noncontrolling interest 44,419 62,304
Treasury stock - at cost, 2,097,043 and 2,133,566 shares at November 12, 2011, and February 5, 2011, respectively (47,915) (48,050)
Total CPI Corp. stockholders' (deficit) equity (3,496) 14,254
Noncontrolling interest in subsidiary (see Note 2) (106) 16
Total stockholders' (deficit) equity (3,602) 14,270
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY 155,361 143,800
Series A Preferred Stock [Member]
   
STOCKHOLDERS' (DEFICIT) EQUITY    
Preferred stock $ 0 $ 0