XML 22 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 30, 2022
Jan. 31, 2021
Current Assets:    
Cash and cash equivalents $ 77,051 $ 46,584
Receivables 5,455 2,820
Inventory, net 122,672 149,052
Prepaid expenses & other current assets 17,333 10,203
Prepaid catalog costs 10 1,014
Total current assets 222,521 209,673
Property and equipment, net 110,078 124,237
Operating lease right-of-use assets 120,911 117,490
Finance lease right-of-use assets, net 50,133 53,468
Available-for-sale security 6,554 6,111
Other assets, net 5,353 3,961
Total assets 515,550 514,940
Current liabilities:    
Trade accounts payable 45,402 33,647
Accrued expenses and other current liabilities 47,504 37,686
Income tax payable 6,814 7,579
Current portion of operating lease liabilities 12,882 11,050
Current portion of finance lease liabilities 2,701 2,629
Current maturities of Duluth long-term debt   2,500
Current maturities of TRI long-term debt 693 623
Total current liabilities 115,996 95,714
Operating lease liabilities, less current portion 107,094 104,287
Finance lease liabilities, less current portion 40,267 43,299
Duluth long-term debt, less current maturities   45,750
TRI long-term debt, less current maturities 26,608 27,229
Deferred tax liabilities 2,867 8,200
Total liabilities 292,832 324,479
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, no par value; 10,000 shares authorized; no shares issued or outstanding as of January 30, 2022 and January 31, 2021
Treasury stock, at cost; 79 and 53 shares as of January 30, 2022 and January 31, 2021, respectively (1,002) (628)
Capital stock 95,515 92,875
Retained earnings 130,868 101,166
Accumulated other comprehensive income 489 48
Total shareholders' equity of Duluth Holdings Inc. 225,870 193,461
Noncontrolling interest (3,152) (3,000)
Total shareholders' equity 222,718 190,461
Total liabilities and shareholders' equity 515,550 514,940
Class A common stock [Member]    
Shareholders’ equity:    
Common stock
Class B common stock [Member]    
Shareholders’ equity:    
Common stock