ASSETS HELD-FOR-SALE AND DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Feb. 03, 2018

Assets Held-for-sale And Discontinued Operations Tables

Schedule of major classes of assets and liabilities

The following table provides a reconciliation of the carrying amounts of major classes of assets and liabilities which are included in assets and liabilities held for sale in the accompanying consolidated balance sheet for each of the periods presented:

(in thousands)	2017		2016
Current assets:
Accounts Receivable, net	$	15,983	$	11,613
Inventories		3,756		4,577
Other non-trade receivables		152		1,528
Prepaid expenses and other current assets		12		14
Total current assets held-for-sale	$	19,903	$	17,732
Property and equipment, less accumulated depreciation and amortization	$	1,036	$	634
Goodwill		30,609		41,403
Intangible assets, net		9,533		12,645
Other noncurrent assets, net		539		-
Total noncurrent assets held-for-sale	$	41,717	$	54,682
Current liabilities:
Accounts Payable	$	22,045	$	16,682
Accrued expenses and other		4,527		2,182
Total current liabilities held-for-sale:	$	26,572	$	18,864
Deferred income tax liabilities		-		-
Other noncurrent liabilities	$	48	$	167
Total noncurrent liabilities held-for-sale	$	48	$	167

Schedule of discontinued operations

The following table summarizes the results of discontinued operations for the years ended February 3, 2018, January 28, 2017, and January 30, 2016:

(in thousands)	2017			2016		2015
Revenues	$	275,952		$	239,183	$	205,551
Cost of Goods Sold		264,153			224,603		193,962
Gross Margin		11,799			14,580		11,589
Depreciation and amortization		2,630			3,013		2,552
Selling, general and administrative expenses		23,200			8,603		6,515
Income (Loss) from discontinued operations before income taxes		(14,031	)		2,964		2,522
Income tax expense		(3,113	)		1,371		949
Income (loss) from discontinued operations, net of tax	$	(10,918	)	$	1,593	$	1,573