Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
May 05, 2018
Feb. 03, 2018
Apr. 29, 2017
Current assets:      
Cash and cash equivalents $ 58,242 $ 80,156 $ 59,804
Inventories, net (1) 83,164 81,255 72,565 [1]
Prepaid expenses and other current assets (1) 15,848 15,988 12,893 [1]
Total current assets 157,254 177,399 145,262
Property and equipment:      
Equipment 20,935 20,835 19,588
Furniture and fixtures 80,947 80,299 77,678
Leasehold improvements 122,282 119,272 109,418
Computer software and hardware 62,342 59,331 55,602
Projects in progress 10,460 7,685 5,136
Property and equipment, gross 296,966 287,422 267,422
Accumulated depreciation (180,154) (174,383) (156,553)
Property and equipment, net 116,812 113,039 110,869
Deferred income taxes 2,004 2,216 1,144
Other assets 6,531 6,543 5,815
Total assets 282,601 299,197 263,090
Current liabilities:      
Accounts payable 35,362 45,602 25,124
Accounts payable to related party vendor 7,800 7,523 4,791
Income taxes payable 4,362 4,943 4,891
Accrued expenses 35,021 38,872 31,633
Total current liabilities 82,545 96,940 66,439
Deferred rent 54,235 53,303 52,956
Deferred income taxes 0 0 957
Other liabilities 8,416 8,193 9,475
Total liabilities 145,196 158,436 129,827
Shareholders’ equity:      
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at May 5, 2018, February 3, 2018, or April 29, 2017, respectively 0 0 0
Common stock, no par value; 100,000,000 shares authorized; 15,693,494; 15,977,239; and 15,916,563 shares issued and outstanding at May 5, 2018, February 3, 2018, and April 29, 2017, respectively 167,999 167,501 166,130
Accumulated deficit (30,594) (26,740) (32,867)
Total shareholders’ equity 137,405 140,761 133,263
Total liabilities and shareholders’ equity $ 282,601 $ 299,197 $ 263,090
[1] Refer to Note 1 for information about a reclassification of supplies inventory from inventories, net, to prepaid expenses and other current assets.