Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 01, 2020
Feb. 02, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 14,420 $ 32,671
Accounts receivable, net 39,973 34,686
Inventories 696,657 724,086
Assets held for sale 34,935  
Other current assets 49,130 66,823
Current assets - discontinued operations   171,376
Total current assets 835,115 1,029,642
PROPERTY AND EQUIPMENT, AT COST:    
Land 17,181 19,162
Buildings 149,942 151,071
Leasehold improvements 650,778 628,572
Furniture, fixtures and equipment 575,986 647,241
Property and Equipment, gross 1,393,887 1,446,046
Less accumulated depreciation and amortization (998,075) (1,021,730)
PROPERTY AND EQUIPMENT, net 395,812 424,316
OPERATING LEASE RIGHT-OF-USE ASSETS 880,291  
RENTAL PRODUCT, net 92,897 99,770
GOODWILL 79,271 79,491
INTANGIBLE ASSETS, net 116,843 153,711
OTHER ASSETS 18,730 8,489
NON-CURRENT ASSETS - DISCONTINUED OPERATIONS   25,071
TOTAL ASSETS 2,418,959 1,820,490
CURRENT LIABILITIES:    
Accounts payable 183,897 204,775
Accrued expenses and other current liabilities 246,110 268,698
Current portion of operating lease liabilities 186,304  
Income taxes payable 3,416 13,478
Current portion of long-term debt 9,000 11,619
Current liabilities - discontinued operations   40,025
Total current liabilities 628,727 538,595
LONG-TERM DEBT, net 1,094,398 1,153,242
OPERATING LEASE LIABILITIES 726,327  
DEFERRED TAXES, net AND OTHER LIABILITIES 67,813 119,545
NON-CURRENT LIABILITIES - DISCONTINUED OPERATIONS   5,477
Total liabilities 2,517,265 1,816,859
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' (DEFICIT) EQUITY:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued
Common stock, $0.01 par value, 100,000,000 shares authorized, 48,573,132 and 50,180,832 shares issued 508 501
Capital in excess of par 514,397 505,157
Accumulated deficit (568,697) (468,048)
Accumulated other comprehensive loss (34,514) (33,979)
Treasury stock, 2,336,852 and 0 shares, at cost (10,000)  
Total shareholders' (deficit) equity (98,306) 3,631
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY $ 2,418,959 $ 1,820,490