Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.20.2
Discontinued Operations (Tables)
3 Months Ended
May 02, 2020
Discontinued Operations  
Summary of information attributable to discontinued operations

May 4,

2019

ASSETS

Cash and cash equivalents

$

16,821

Accounts receivable, net

39,863

Inventories

106,718

Other current assets

3,717

Total current assets

167,119

Property and equipment, net

14,745

Other assets

21,095

Total assets

$

202,959

LIABILITIES

Accounts payable

$

16,397

Accrued expenses and other current liabilities

20,625

Total current liabilities

37,022

Other liabilities

14,428

Total liabilities

$

51,450

The following table provides details of the amounts reflected in earnings from discontinued operations, net of tax in the condensed consolidated statements of (loss) earnings for the three months ended May 4, 2019 (in thousands):

For the Three

Months Ended

    

May 4, 2019

    

Net sales

$

56,725

Cost of sales

41,044

Selling, general and administrative expenses

14,383

Earnings from discontinued operations before taxes

1,298

Income tax expense

636

Earnings from discontinued operations, net of tax

$

662

The cash flows related to discontinued operations have not been segregated, and are included in the condensed consolidated statement of cash flows. The following table provides selected information on cash flows related to discontinued operations for the three months ended May 4, 2019 (in thousands):

For the Three

Months Ended

    

May 4, 2019

Depreciation and amortization

$

1,442

Capital expenditures

$

1,155