|
Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
May 04, 2013
|
Feb. 02, 2013
|
Apr. 28, 2012
|
| CURRENT ASSETS |
|
|
|
| Cash and cash equivalents |
$ 27,465 |
$ 20,068 |
$ 679 |
| Accounts receivable |
14,105 |
10,986 |
12,548 |
| Merchandise inventories |
464,576 |
428,437 |
405,902 |
| Prepaid expenses and other current assets |
11,013 |
14,321 |
2,216 |
| Total current assets |
517,159 |
473,812 |
421,345 |
| PROPERTY AND EQUIPMENT, net |
50,782 |
53,383 |
59,055 |
| GOODWILL |
167,000 |
167,000 |
167,000 |
| LONG-TERM DEFERRED TAXES |
67,534 |
69,001 |
8,200 |
| OTHER ASSETS |
25,818 |
22,607 |
14,611 |
| TOTAL ASSETS |
828,293 |
785,803 |
670,211 |
| CURRENT LIABILITIES |
|
|
|
| Short-term borrowings |
47,300 |
20,000 |
0 |
| Payable to Sears Holdings Corporation |
88,794 |
79,491 |
0 |
| Accounts payable |
25,424 |
31,830 |
20,616 |
| Other current liabilities |
80,404 |
83,211 |
84,284 |
| Current portion of capital lease obligations |
1,257 |
1,463 |
1,980 |
| Deferred income taxes |
0 |
0 |
17,609 |
| Total current liabilities |
243,179 |
215,995 |
124,489 |
| CAPITAL LEASE OBLIGATIONS |
516 |
769 |
1,460 |
| OTHER LONG-TERM LIABILITIES |
3,314 |
2,752 |
3,723 |
| TOTAL LIABILITIES |
247,009 |
219,516 |
129,672 |
| COMMITMENTS AND CONTINGENCIES (Note 8) |
|
|
|
| STOCKHOLDERS' EQUITY |
|
|
|
| Common stock: $.01 par value; Authorized shares: 400,000; Issued shares: 23,100; Outstanding shares: 23,100 |
231 |
231 |
0 |
| Capital in excess of par value |
556,575 |
556,575 |
0 |
| Retained earnings (accumulated deficit) |
24,478 |
9,481 |
0 |
| Divisional Equity, prior to the Separation |
0 |
0 |
540,539 |
| TOTAL STOCKHOLDERS' EQUITY |
581,284 |
566,287 |
540,539 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
$ 828,293 |
$ 785,803 |
$ 670,211 |