Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 02, 2020
Feb. 01, 2020
May 04, 2019
CURRENT ASSETS:      
Cash and cash equivalents $ 244,170 $ 14,420 $ 12,928
Restricted cash 94,450    
Accounts receivable, net 13,242 39,973 40,760
Inventories 734,379 696,657 767,694
Assets held for sale 2,944 34,935  
Other current assets 72,258 49,130 46,187
Current assets - discontinued operations     167,119
Total current assets 1,161,443 835,115 1,034,688
PROPERTY AND EQUIPMENT, net 355,324 395,812 413,635
OPERATING LEASE RIGHT-OF-USE ASSETS 842,088 880,291 944,531
RENTAL PRODUCT, net 99,826 92,897 103,895
GOODWILL   79,271 78,964
INTANGIBLE ASSETS, net 26,896 116,843 146,983
OTHER ASSETS 14,838 18,730 6,917
NON-CURRENT ASSETS - DISCONTINUED OPERATIONS     35,840
TOTAL ASSETS 2,500,415 2,418,959 2,765,453
CURRENT LIABILITIES:      
Accounts payable 248,684 183,897 202,095
Accrued expenses and other current liabilities 236,205 246,110 300,689
Current portion of operating lease liabilities 209,434 186,304 180,492
Income taxes payable   3,416 13,949
Current portion of long-term debt 1,434,064 9,000 9,000
Current liabilities - discontinued operations     37,022
Total current liabilities 2,128,387 628,727 743,247
LONG-TERM DEBT, net   1,094,398 1,151,196
OPERATING LEASE LIABILITIES 689,264 726,327 795,837
DEFERRED TAXES, net AND OTHER LIABILITIES 61,089 67,813 64,791
NON-CURRENT LIABILITIES - DISCONTINUED OPERATIONS     14,428
Total liabilities 2,878,740 2,517,265 2,769,499
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' DEFICIT:      
Preferred stock
Common stock 510 508 504
Capital in excess of par 516,459 514,397 507,039
Accumulated deficit (838,553) (568,697) (470,411)
Accumulated other comprehensive loss (46,741) (34,514) (41,178)
Treasury stock (10,000) (10,000)  
Total shareholders' deficit (378,325) (98,306) (4,046)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT $ 2,500,415 $ 2,418,959 $ 2,765,453