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CONSOLIDATED BALANCE SHEETS - USD ($)
Jan. 28, 2017
Jan. 30, 2016
Current assets:    
Cash and cash equivalents $ 2,859,000 $ 2,116,000
Trade receivables, net 5,683,000 10,154,000
Inventories 69,040,000 72,509,000
Deferred income taxes 3,251,000 13,803,000
Prepaid expenses and other current assets 9,464,000 9,792,000
Total current assets 90,297,000 108,374,000
Property and equipment, net 83,029,000 92,673,000
Other assets:    
Deferred line of credit financing costs, net of accumulated amortization of $717 and $611 456,000 534,000
Other intangible assets, net of accumulated amortization of $810 and $683 1,092,000 1,148,000
Deferred income taxes   15,195,000
Other non-current assets 1,113,000 1,150,000
Total other assets 2,661,000 18,027,000
Total assets 175,987,000 219,074,000
Current liabilities:    
Line of credit borrowings 4,600,000 28,400,000
Current portion of long-term debt 6,948,000 2,897,000
Accounts payable 17,656,000 21,738,000
Accrued expenses and other current liabilities 31,359,000 39,488,000
Total current liabilities 60,563,000 92,523,000
Long-term debt 31,485,000 9,302,000
Deferred rent and other non-current liabilities 22,789,000 24,351,000
Total liabilities 114,837,000 126,176,000
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, 1,656,381 shares authorized Series B junior participating preferred stock, $.01 par value; 300,000 shares authorized, none outstanding
Common stock, $.01 par value; 20,000,000 shares authorized, 14,010,417 and 13,824,535 shares issued and outstanding 140,000 138,000
Additional paid-in capital 105,775,000 104,784,000
Accumulated deficit (44,693,000) (11,951,000)
Accumulated other comprehensive loss (72,000) (73,000)
Total stockholders’ equity 61,150,000 92,898,000
Total liabilities and stockholders’ equity $ 175,987,000 $ 219,074,000