Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Current assets:
Cash and cash equivalents	$ 9,499	$ 9,049
Inventories	248,588	255,884
Prepaid expenses and other current assets	23,032	28,326
Total current assets	281,119	293,259
Property and equipment, net	101,893	119,740
Operating lease assets	356,347
Other assets	26,155	24,108
Total assets	765,514	437,107
Current liabilities:
Accounts payable	87,312	89,646
Current portion of operating lease liabilities	82,126
Accrued expenses and other current liabilities	80,231	77,650
Total current liabilities	249,669	167,296
Long-term debt	141,438	153,253
Deferred rent		39,708
Non-current operating lease liabilities	310,290
Other liabilities	32,179	33,897
Total liabilities	733,576	394,154
COMMITMENTS AND CONTINGENCIES (Note 11)
Shareholders’ equity:
Preferred stock - $0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock - $0.01 par value; 100,000,000 shares authorized; 48,354,642 and 47,874,286 shares issued and outstanding, at February 1, 2020 and February 2, 2019, respectively	484	479
Additional paid-in capital	61,744	60,172
Retained deficit	(30,534)	(17,951)
Accumulated other comprehensive income	244	253
Total shareholders’ equity	31,938	42,953
Total liabilities and shareholders’ equity	$ 765,514	$ 437,107