Restricted Cash

9 Months Ended

Oct. 29, 2016

Restricted Cash [Abstract]

Restricted Cash [Text Block]

Note 8. Restricted Cash

In connection with the acquisition of etailz, Inc. and under the terms of the share purchase agreement, the Company was required to hold certain cash in escrow. At October 29, 2016, the Company had restricted cash of $16.1 million reported in long-term assets on the consolidated balance sheet. The Company designated $1.5 million of the restricted cash to be made available to satisfy any indemnification claims and $14.6 million of the restricted cash to equal the maximum earn-out amount that could be paid to the selling shareholders of etailz, Inc. in accordance with the share purchase agreement.

A summary of cash, cash equivalents and restricted cash is as follows ($ in thousands):

	October 29,		January 30,
	2016		2016
Cash and cash equivalents	$	4,708	$	104,311
Restricted cash		16,100		—
Total cash, cash equivalents and restricted cash	$	20,808	$	104,311