CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Aug. 01, 2020	Feb. 01, 2020
Current assets:
Cash and cash equivalents	$ 2,771	$ 3,198
Accounts receivable	2,603	2,975
Merchandise inventories	36,006	41,698
Prepaid expenses and other current assets	4,104	4,072
Income taxes receivable	379	291
Total current assets	45,863	52,234
Non-current assets:
Property, equipment and improvements, net	21,849	24,952
Operating lease assets	98,237	110,509
Deferred income taxes	613	613
Other assets	1,120	1,098
Total non-current assets	121,819	137,172
Total assets	167,682	189,406
Current liabilities:
Accounts payable	27,901	23,715
Short-term borrowings	4,575	0
Current portion of long-term debt	417	0
Current portion of long-term lease liabilities	24,535	26,185
Accrued salaries, wages and related expenses	4,749	4,723
Accrued liabilities and other current liabilities	21,763	24,053
Total current liabilities	83,940	78,676
Non-current liabilities:
Long-term lease liabilities	89,827	99,793
Long-term debt	14,583	0
Other non-current liabilities	2,254	1,829
Total non-current liabilities	106,664	101,622
Commitments and contingencies
Stockholders’ equity:
Preferred stock — $0.01 par value, 1,000 shares authorized, none outstanding	0	0
Common stock — $0.01 par value, 74,000 shares authorized, 48,900 and 48,680 shares issued, and 38,597 and 38,377 shares outstanding at August 1, 2020 and February 1, 2020, respectively	454	452
Additional paid-in capital	129,713	129,413
Accumulated deficit	(40,214)	(7,882)
Common stock held in treasury, 10,303 and 10,303 shares at cost at August 1, 2020 and February 1, 2020, respectively	(112,875)	(112,875)
Total stockholders’ equity	(22,922)	9,108
Total liabilities and stockholders’ equity	$ 167,682	$ 189,406