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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 27, 2018
Apr. 29, 2017
Jan. 28, 2017
Current assets:      
Cash and cash equivalents $ 11,500 $ 11,993 $ 11,628
Receivables, net 62,952 67,294 70,434
Merchandise inventories, net 975,055 946,909 1,010,343
Prepaid expenses and other current assets 79,175 101,816 62,164
Total current assets 1,128,682 1,128,012 1,154,569
Property and equipment:      
Land and land improvements 2,541 2,541 2,541
Buildings and leasehold improvements 1,075,491 1,072,007 1,060,416
Fixtures and equipment 1,650,352 1,608,433 1,597,435
Property and equipment, gross 2,728,384 2,682,981 2,660,392
Less accumulated depreciation and amortization 2,466,032 2,406,859 2,378,925
Net property and equipment 262,352 276,122 281,467
Goodwill 73,769 207,381 211,276
Intangible assets, net 309,757 310,205 310,369
Other non-current assets 13,285 11,201 11,275
Total assets 1,787,845 [1] 1,932,921 1,968,956 [1]
Current liabilities:      
Accounts payable 490,886 473,686 500,751
Accrued liabilities 285,598 283,157 319,145
Gift card liabilities 358,609 351,424 384,830
Total current liabilities 1,135,093 1,108,267 1,204,726
Long-term debt 59,805 64,900 18,200
Deferred taxes 58,118 86,132 54,290
Other long-term liabilities 91,712 99,311 105,212
Shareholders' equity:      
Common stock; $0.001 par value; 300,000 shares authorized; 112,238, 111,648 and 111,933 shares issued, respectively 112 112 112
Additional paid-in capital 1,747,478 1,741,380 1,743,562
Accumulated other comprehensive income 315 315 198
Retained earnings (183,064) (46,425) (22,045)
Treasury stock, at cost, 39,585, 40,093 and 39,497 shares, respectively (1,121,724) (1,121,071) (1,135,299)
Total shareholders' equity 443,117 574,311 586,528
Commitments and contingencies
Total liabilities and shareholders' equity $ 1,787,845 $ 1,932,921 $ 1,968,956
[1] Excludes intercompany balances.