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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 28, 2023
Jan. 27, 2023
Jul. 29, 2022
Current assets      
Cash and cash equivalents $ 26,610 $ 39,557 $ 23,505
Restricted cash 1,833 1,834 2,091
Accounts receivable, net 25,095 44,928 40,917
Inventories, net 396,087 425,513 569,174
Prepaid expenses and other current assets 43,195 44,894 39,267
Total current assets 492,820 556,726 674,954
Property and equipment, net 125,325 127,638 124,626
Operating lease right-of-use asset 29,685 30,325 32,115
Goodwill 106,700 106,700 106,700
Intangible asset 257,000 257,000 257,000
Other assets 2,949 3,759 3,760
TOTAL ASSETS 1,014,479 1,082,148 1,199,155
Current liabilities      
Current portion of long-term debt 13,750 13,750 13,750
Accounts payable 156,342 171,557 236,015
Lease liability – current 5,643 5,414 6,720
Accrued expenses and other current liabilities 100,632 106,756 101,015
Total current liabilities 276,367 297,477 357,500
Long-term borrowings under ABL Facility 70,000 100,000 135,000
Long-term debt, net 218,022 223,506 228,948
Lease liability – long-term 29,973 31,095 32,333
Deferred tax liabilities 51,066 45,953 45,516
Other liabilities 3,283 3,365 4,913
TOTAL LIABILITIES 648,711 701,396 804,210
Commitments and contingencies
STOCKHOLDERS’ EQUITY      
Common stock, par value $0.01 authorized: 480,000 shares; issued and outstanding: 32,087, 33,202 and 32,626, respectively 321 326 332
Additional paid-in capital 360,091 366,181 371,245
Retained earnings 21,597 31,267 39,947
Accumulated other comprehensive (loss) (16,241) (17,022) (16,579)
TOTAL STOCKHOLDERS’ EQUITY 365,768 380,752 394,945
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,014,479 $ 1,082,148 $ 1,199,155