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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 27, 2023
Jan. 27, 2023
Oct. 28, 2022
Current assets      
Cash and cash equivalents $ 36,821 $ 39,557 $ 28,829
Restricted cash 1,833 1,834 1,833
Accounts receivable, net 31,422 44,928 49,409
Inventories, net 422,160 425,513 564,856
Prepaid expenses and other current assets 47,952 44,894 47,205
Total current assets 540,188 556,726 692,132
Property and equipment, net 121,400 127,638 121,907
Operating lease right-of-use asset 26,216 30,325 31,441
Goodwill   106,700 106,700
Intangible asset 257,000 257,000 257,000
Other assets 2,758 3,759 3,786
TOTAL ASSETS 947,562 1,082,148 1,212,966
Current liabilities      
Current portion of long-term debt 13,750 13,750 13,750
Accounts payable 161,426 171,557 228,863
Lease liability – current 5,754 5,414 5,808
Accrued expenses and other current liabilities 109,927 106,756 111,872
Total current liabilities 290,857 297,477 360,293
Long-term borrowings under ABL Facility 110,000 100,000 160,000
Long-term debt, net 215,306 223,506 226,227
Lease liability – long-term 26,065 31,095 32,033
Deferred tax liabilities 51,176 45,953 45,087
Other liabilities 3,253 3,365 3,758
TOTAL LIABILITIES 696,657 701,396 827,398
Commitments and contingencies
STOCKHOLDERS’ EQUITY      
Common stock, par value $0.01 authorized: 480,000 shares; issued and outstanding: 31,719, 33,001 and 32,626, respectively 317 326 330
Additional paid-in capital 358,811 366,181 369,198
(Accumulated deficit) Retained earnings (90,797) 31,267 34,566
Accumulated other comprehensive (loss) (17,426) (17,022) (18,526)
TOTAL STOCKHOLDERS’ EQUITY 250,905 380,752 385,568
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 947,562 $ 1,082,148 $ 1,212,966