DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Feb. 01, 2020

DISCONTINUED OPERATIONS

Summary of information attributable to discontinued operations

	February 2,
	2019
ASSETS
Cash and cash equivalents	$	22,760
Accounts receivable, net		38,387
Inventories		106,340
Other current assets		3,889
Total current assets		171,376
Property and equipment, net		14,856
Other assets		10,215
Total assets	$	196,447
LIABILITIES
Accounts payable	$	24,204
Accrued expenses and other current liabilities		15,821
Total current liabilities		40,025
Other liabilities		5,477
Total liabilities	$	45,502

The following table provides details of the amounts reflected in (loss) earnings from discontinued operations, net of tax in the consolidated statements of (loss) earnings for fiscal 2019, 2018 and 2017 (in thousands):

	Fiscal Year
	2019		2018		2017
Net sales	$	117,444	$	235,391	$	251,325
Cost of sales		85,042		168,532		183,987
Selling, general and administrative expenses		30,049		56,491		54,018
Goodwill impairment charge		—		23,991		—
Interest expense, net		—		3
Loss on sale of corporate apparel business		83,513		—		—
Loss on release of cumulative foreign currency translation adjustment		26,885		—		—
(Loss) earnings from discontinued operations before taxes		(108,045)		(13,626)		13,320
Income tax (benefit) expense		(402)		1,730		3,634
(Loss) earnings from discontinued operations, net of tax	$	(107,643)	$	(15,356)	$	9,686

The cash flows related to discontinued operations have not been segregated, and are included in the consolidated statements of cash flows.  The following table provides selected information on cash flows related to discontinued operations for fiscal 2019, 2018 and 2017 (in thousands):

	Fiscal Year
	2019		2018		2017
Depreciation and amortization	$	3,102	$	6,501	$	6,197
Capital expenditures		2,691		3,744		3,663
Significant non-cash operating and investing items:
Goodwill impairment charge		—		23,991		—
Loss on divestiture of business		83,513		—		—
Loss on release of cumulative foreign currency translation adjustment		26,885		—		—
Receivable related to sale of corporate apparel business	$	6,048	$	—	$	—