XML 17 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Aug. 03, 2024
Feb. 03, 2024
Jul. 29, 2023
Current assets:      
Cash and cash equivalents $ 9,573 $ 13,639 $ 18,846
Accounts receivable 61,926 33,219 33,073
Inventories 520,593 362,099 536,980
Prepaid expenses and other current assets 35,251 43,169 65,108
Total current assets 627,343 452,126 654,007
Long-term assets:      
Property and equipment, net 111,296 124,750 141,244
Right-of-use assets 163,539 175,351 112,325
Tradenames, net 13,000 41,123 70,491
Deferred income taxes 0 0 35,798
Other assets 6,236 6,958 9,220
Total assets 921,414 800,308 1,023,085
Current liabilities:      
Revolving loan 316,655 226,715 347,546
Accounts payable 215,793 225,549 262,369
Current portion of operating lease liabilities 67,610 69,235 65,266
Income taxes payable 3,384 5,297 2,938
Accrued expenses and other current liabilities 95,074 89,608 122,032
Total current liabilities 698,516 616,404 800,151
Long-term liabilities:      
Long-term portion of operating lease liabilities 110,596 118,073 63,714
Income taxes payable 0 9,486 9,610
Other tax liabilities 5,073 4,664 2,905
Other long-term liabilities 10,747 10,882 10,990
Total liabilities 990,286 809,327 937,155
Commitments and contingencies (see Note 8)
Stockholders’ (deficit) equity:      
Preferred stock, $1.00 par value, 1,000 shares authorized, 0 shares issued and outstanding 0 0 0
Common stock, $0.10 par value, 100,000 shares authorized; 12,779, 12,585, and 12,544 issued; 12,718, 12,529, and 12,473 outstanding 1,278 1,259 1,254
Additional paid-in capital 151,859 141,083 145,117
Treasury stock, at cost (61, 56, and 71 shares) (2,975) (2,909) (3,884)
Deferred compensation 2,975 2,909 3,884
Accumulated other comprehensive loss (17,235) (16,496) (15,964)
Accumulated deficit (204,774) (134,865) (44,477)
Total stockholders’ (deficit) equity (68,872) (9,019) 85,930
Total liabilities and stockholders’ (deficit) equity 921,414 800,308 1,023,085
Nonrelated Party      
Long-term liabilities:      
Long-term debt 0 49,818 49,785
Related party      
Long-term liabilities:      
Long-term debt $ 165,354 $ 0 $ 0