Annual report pursuant to Section 13 and 15(d)

OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES (Tables)

v3.20.1
OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES (Tables)
12 Months Ended
Feb. 01, 2020
Feb. 02, 2019
OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES    
Other current assets

The following table provides details on our other current assets as of February 1, 2020 and February 2, 2019 (in thousands):

February 1,

February 2,

 

 

2020

    

2019

 

Prepaid expenses

$

28,111

$

53,455

Tax receivable

12,010

Other

 

9,009

 

13,368

Total other current assets

$

49,130

$

66,823

The decrease in prepaid expenses is primarily due to the impact on prepaid rent resulting from the adoption of ASC 842, effective February 3, 2019.  See Note 17 for additional information.  The following table provides details on our accrued expenses and other current liabilities as of February 1, 2020 and February 2, 2019 (in thousands):

    

February 1,

    

February 2,

2020

2019

Accrued salary, bonus, sabbatical, vacation and other benefits

$

58,264

$

78,297

Loyalty program liabilities

 

43,692

 

44,434

Customer deposits, prepayments and refunds payable

 

39,527

 

38,436

Unredeemed gift cards

30,024

32,178

Sales, value added, payroll, property and other taxes payable

 

18,208

 

20,930

Accrued workers compensation and medical costs

 

20,954

 

23,893

Accrued dividends

 

380

 

10,480

Accrued interest

 

5,552

 

1,828

Unrealized loss on interest rate swaps

7,701

1,625

Accrued royalties

2,543

1,286

Other

 

19,265

 

15,311

Total accrued expenses and other current liabilities

$

246,110

$

268,698

 
Accrued expenses and other current liabilities

February 1,

February 2,

 

 

2020

    

2019

 

Prepaid expenses

$

28,111

$

53,455

Tax receivable

12,010

Other

 

9,009

 

13,368

Total other current assets

$

49,130

$

66,823

 
Deferred taxes, net and other liabilities  

The following table provides details on our deferred taxes, net and other liabilities as of February 1, 2020 and February 2, 2019 (in thousands):

February 1,

    

February 2,

 

 

2020

2019

 

Deferred and other income tax liabilities, net

$

36,373

$

48,199

Unrealized loss on interest rate swaps

26,885

7,605

Deferred rent and landlord incentives

57,351

Unfavorable lease liabilities

1,797

Other

 

4,555

 

4,593

Total deferred taxes, net and other liabilities

$

67,813

$

119,545