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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 01, 2015
Feb. 01, 2015
Current assets:    
Cash $ 209 $ 7,881
Accounts receivable 54 17
Other receivables 576 74
Inventory, less reserve for excess and obsolete items of $1,559 and $1,290, respectively 72,993 41,363
Prepaid expenses 4,068 2,716
Deferred catalog costs 3,040 1,300
Total current assets 80,940 53,351
Property and equipment, net 21,554 16,880
Goodwill 402 402
Other assets, net 329 316
Total assets 103,225 70,949
Current liabilities:    
Trade accounts payable 21,456 14,199
Line of credit   600
Bank overdrafts 88  
Current maturities of long-term debt 726 828
Accrued expenses: Salaries and benefits 869 3,429
Accrued expenses: Deferred revenue 4,615 4,029
Accrued expenses: Freight 1,304 1,912
Accrued expenses: Product returns 892 961
Accrued expenses: Other 2,442 1,679
Total current liabilities 32,392 27,637
Long-term line of credit 30,293  
Long-term debt, less current maturities 4,367 4,255
Deferred rent obligations, less current maturities 930 795
Total liabilities $ 67,982 $ 32,687
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, no par value; 10,000 shares authorized; no shares issued or outstanding as of November 1, 2015 and February 1, 2015 $ 0 $ 0
Capital stock 1,301 802
Retained earnings 32,253 36,025
Accumulated other comprehensive loss (34) (45)
Total shareholders' equity of Duluth Holdings Inc. 33,520 36,782
Noncontrolling interest 1,723 1,480
Total shareholders' equity 35,243 38,262
Total liabilities and shareholders' equity 103,225 70,949
Class A common stock    
Stockholders’ equity:    
Common stock 0 0
Class B common stock    
Stockholders’ equity:    
Common stock $ 0 $ 0