Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 03, 2019	Jul. 28, 2018
Current assets:
Cash and cash equivalents	$ 170,932	$ 297,516
Restricted cash	0	250
Short-term investments	143,276	0
Inventory, net	118,216	85,092
Prepaid expenses and other current assets	49,980	34,148
Total current assets	482,404	417,006
Long-term investments	53,372	0
Property and equipment, net	54,888	34,169
Deferred tax assets	22,175	14,107
Restricted cash, net of current portion	0	12,600
Other long-term assets	3,227	3,703
Total assets	616,066	481,585
Current liabilities:
Accounts payable	90,883	79,782
Accrued liabilities	69,734	43,037
Gift card liability	7,233	6,814
Deferred revenue	11,997	8,870
Other current liabilities	2,784	3,729
Total current liabilities	182,631	142,232
Deferred rent, net of current portion	24,439	15,288
Other long-term liabilities	12,996	8,993
Total liabilities	220,066	166,513
Commitments and contingencies (Note 7)
Stockholders’ equity:
Additional paid-in capital	279,511	235,312
Accumulated other comprehensive income	(187)	0
Retained earnings	116,674	79,758
Total stockholders’ equity	396,000	315,072
Total liabilities and stockholders’ equity	616,066	481,585
Class A common stock
Stockholders’ equity:
Common stock	1	1
Class B common stock
Stockholders’ equity:
Common stock	$ 1	$ 1

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).