Restricted Cash

9 Months Ended

Nov. 02, 2019

Disclosure Text Block Supplement [Abstract]

Restricted Assets Disclosure [Text Block]

Note 7. Restricted Cash

As of November 2, 2019, the Company had restricted cash of $1.0 million and $5.1 million reported in current assets and other assets on the accompanying condensed consolidated balance sheet, respectively. As of November 3, 2018, the Company had restricted cash of $4.1 million and $5.9 million reported in current assets and other assets on the accompanying condensed consolidated balance sheet, respectively. The decrease in these restricted cash balances during the thirty-nine weeks ended November 2, 2019, was primarily due to the return of the $3.2 million earn-out escrow balance to the Company as a result of the etailz segment not achieving the earnings target, as described in the amended etailz acquisition share purchase agreement.

The restricted cash reported as of November 2, 2019 is comprised entirely of a $6.1 million rabbi trust, which is restricted for SERP payments as described in note 11.

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

	November 2, 2019		February 2, 2019		November 3, 2018
Cash and cash equivalents	$	3,073	$	4,355	$	4,497
Restricted cash		6,089		9,871		10,066
Total cash, cash equivalents and restricted cash	$	9,162	$	14,226	$	14,563