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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 29, 2017
Jan. 28, 2017
Current assets    
Cash and cash equivalents $ 65,912 $ 66,425
Short-term marketable securities 1,284 4,781
Restricted cash 323 303
Accounts receivable, net of allowances of $1,658 as of July 29, 2017 and $1,630 as of January 28, 2017 24,949 35,860
Inventory 16,147 18,147
Prepaid expenses and other current assets 7,490 8,017
Total current assets 116,105 133,533
Software, equipment and leasehold improvements, net 20,145 18,523
Intangible assets, net 27,199 30,744
Goodwill 10,594 10,594
Deferred tax assets 710 625
Long-term investments 1,820 2,000
Other non-current assets 5,147 5,755
Total assets 181,720 201,774
Current liabilities    
Accounts payable 15,561 14,230
Accrued compensation and related benefits 8,177 8,127
Accrued liabilities 14,953 13,607
Total current liabilities 38,691 35,964
Income taxes payable 12,241 15,752
Long-term deferred tax liabilities 287 287
Other long-term liabilities 4,838 6,225
Total liabilities 56,057 58,228
Commitments and contingencies (Note 6)
Shareholders’ equity    
Preferred stock; no par value, authorized 2,000,000 shares, none issued and outstanding
Common stock and additional paid-in capital; no par value; 100,000,000 shares authorized; 43,170,314 issued and 38,494,565 outstanding as of July 29, 2017 and 42,806,279 issued and 38,130,530 outstanding as of January 28, 2017 517,030 513,168
Treasury stock, at cost, 4,675,749 shares as of July 29, 2017 and January 28, 2017 (88,336) (88,336)
Accumulated other comprehensive loss (989) (2,178)
Accumulated deficit (302,042) (279,108)
Total shareholders’ equity 125,663 143,546
Total liabilities and shareholders’ equity $ 181,720 $ 201,774