Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 29, 2017
Jan. 28, 2017
Current assets    
Cash and cash equivalents $ 71,697 $ 66,425
Short-term marketable securities 2,781 4,781
Restricted cash 318 303
Accounts receivable, net of allowances of $1,641 as of April 29, 2017 and $1,630 as of January 28, 2017 26,969 35,860
Inventory 18,865 18,147
Prepaid expenses and other current assets 8,053 8,017
Total current assets 128,683 133,533
Software, equipment and leasehold improvements, net 19,380 18,523
Intangible assets, net 27,754 30,744
Goodwill 10,594 10,594
Deferred tax assets 705 625
Long-term investments 2,000 2,000
Other non-current assets 5,760 5,755
Total assets 194,876 201,774
Current liabilities    
Accounts payable 17,768 14,230
Accrued compensation and related benefits 9,489 8,127
Accrued liabilities 15,363 13,607
Total current liabilities 42,620 35,964
Income taxes payable 11,443 15,752
Long-term deferred tax liabilities 287 287
Other long-term liabilities 5,538 6,225
Total liabilities 59,888 58,228
Commitments and contingencies (Note 6)
Shareholders’ equity    
Preferred stock; no par value, authorized 2,000,000 shares, none issued and outstanding
Common stock and additional paid-in capital; no par value; 100,000,000 shares authorized; 42,855,633 issued and 38,179,884 outstanding as of April 29, 2017 and 42,806,279 issued and 38,130,530 outstanding as of January 28, 2017 514,619 513,168
Treasury stock, at cost, 4,675,749 shares as of April 29, 2017 and January 28, 2017 (88,336) (88,336)
Accumulated other comprehensive loss (1,930) (2,178)
Accumulated deficit (289,365) (279,108)
Total shareholders’ equity 134,988 143,546
Total liabilities and shareholders’ equity $ 194,876 $ 201,774