Consolidated Balance Sheets - USD ($) $ in Thousands |
Apr. 29, 2023 |
Jan. 28, 2023 |
| Current Assets: |
|
|
| Cash and cash equivalents |
$ 34,092
|
$ 65,612
|
| Receivables, net |
17,106
|
12,374
|
| Income tax receivable |
1,140
|
1,462
|
| Inventories |
346,963
|
365,649
|
| Prepaid royalty |
47,146
|
59,565
|
| Prepaid rent |
5,762
|
7,744
|
| Other |
25,628
|
21,998
|
| Total current assets |
477,837
|
534,404
|
| Right of Use Asset, Net |
522,922
|
505,350
|
| Property and Equipment |
1,022,132
|
1,019,577
|
| Less: accumulated depreciation |
(894,020)
|
(886,193)
|
| Property and equipment, net |
128,112
|
133,384
|
| Non-Current Income Tax Receivable |
52,278
|
52,278
|
| Equity Method Investment |
166,210
|
166,106
|
| Other Assets |
6,342
|
6,803
|
| TOTAL ASSETS |
1,353,701
|
1,398,325
|
| Current Liabilities: |
|
|
| Short-term lease liability |
197,944
|
189,006
|
| Accounts payable |
162,369
|
191,386
|
| Deferred royalty income |
15,412
|
19,852
|
| Deferred revenue |
33,243
|
35,543
|
| Accrued expenses |
101,243
|
105,803
|
| Total current liabilities |
510,211
|
541,590
|
| Long-Term Lease Liability |
408,006
|
406,448
|
| Long-Term Debt |
179,750
|
122,000
|
| Other Long-Term Liabilities |
20,075
|
20,718
|
| Total Liabilities |
1,118,042
|
1,090,756
|
| Commitments and Contingencies (Note 10) |
|
|
| Stockholders’ Equity: |
|
|
| Preferred stock – $0.01 par value; 10,000 shares authorized; no shares issued or outstanding |
0
|
0
|
| Common stock – $0.01 par value; 500,000 shares authorized; 99,067 shares and 99,067 shares issued at April 29, 2023 and January 28, 2023, respectively, and 74,571 shares and 73,760 shares outstanding at April 29, 2023 and January 28, 2023, respectively |
990
|
990
|
| Additional paid-in capital |
229,468
|
228,633
|
| Retained earnings |
269,812
|
355,736
|
| Treasury stock – at average cost; 24,496 shares and 25,307 shares at April 29, 2023 and January 28, 2023, respectively |
(264,611)
|
(277,790)
|
| Total stockholders’ equity |
235,659
|
307,569
|
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
$ 1,353,701
|
$ 1,398,325
|