Consolidated balance sheets - USD ($)
$ in Thousands
May. 30, 2015
Feb. 28, 2015
May. 31, 2014
Current assets:      
Cash $ 9,829 $ 24,994 $ 8,610
Accounts receivable, net 21,929 24,319 29,267
Inventory 103,619 83,724 94,626
Prepaid expenses 6,476 7,895 7,953
Income taxes receivable 908 1,698 600
Deferred tax assets, net 3,256 3,256 3,967
Other current assets 10,686 11,056 10,958
Total current assets 156,703 156,942 155,981
Noncurrent assets:      
Property and equipment, net 170,851 169,053 164,779
Goodwill 202,815 202,815 202,815
Trade names 228,593 229,433 240,021
Deferred financing costs, net 7,253 7,742 9,210
Noncurrent deferred tax assets, net 2,186 1,739 1,179
Other assets 1,622 1,333 1,211
Total noncurrent assets 613,320 612,115 619,215
Total assets 770,023 769,057 775,196
Current liabilities:      
Accounts payable 57,035 48,904 47,846
Accrued liabilities 52,991 59,891 54,420
Revolving lines of credit 7,407 2,834 23,529
Current portion of long-term debt 5,274 5,319 5,741
Income taxes payable 5 2,188 640
Deferred tax liabilities, net     29
Total current liabilities 122,712 119,136 132,205
Noncurrent liabilities:      
Long-term debt 333,562 326,775 332,306
Noncurrent deferred tax liabilities, net 79,843 82,965 82,638
Deferred rent and other long-term liabilities 37,764 38,319 36,354
Total noncurrent liabilities 451,169 448,059 451,298
Total liabilities $ 573,881 $ 567,195 $ 583,503
Commitments and contingencies (Note 6)      
Shareholders' equity:      
Common stock, $0.01 par value, 250,000,000 shares authorized; 47,983,804 shares issued and outstanding at May 30, 2015; 47,983,660 shares issued and outstanding at February 28, 2015; 47,974,829 shares issued and outstanding at May 31, 2014 $ 480 $ 480 $ 480
Additional paid-in capital 855,648 855,322 854,174
Accumulated other comprehensive loss (19,189) (18,342) (1,111)
Retained deficit (640,797) (635,598) (661,850)
Total shareholders' equity 196,142 201,862 191,693
Total liabilities and shareholders' equity $ 770,023 $ 769,057 $ 775,196