v3.20.2
Inventory
6 Months Ended
Aug. 01, 2020
Inventory Disclosure [Abstract]  
Inventory

NOTE 7. Inventory

Inventory is stated at the lower of cost (first-in, first-out) or net realizable value and consists primarily of consumer electronics and accessories. The Company writes down its inventory to net realizable value when it is estimated to be slow-moving or obsolete. For the 13 and 26 weeks ended August 1, 2020, inventory write-downs were $55,000 and $101,000, respectively.  For the transition period from January 1, 2020 to February 1, 2020, inventory write-downs were $41,000.  For the three and six months ended June 30, 2019, inventory write-downs were $65,000 and $79,000, respectively.