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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 02, 2021
Jan. 31, 2021
Current assets    
Cash and cash equivalents $ 61,596 $ 65,841
Trade accounts receivable, net 91,336 83,290
Inventories 81,475 70,159
Prepaid expenses and other current assets 6,240 4,432
Total current assets 240,647 223,722
Property, plant and equipment, net 27,853 26,780
Cash surrender value of life insurance policies 25,935 25,365
Deferred taxes 12,400 14,173
Operating leases right-of-use assets 32,800 34,613
Intangible assets, net 25,641 26,237
Goodwill 490 490
Other assets 1,549 893
Total non-current assets 126,668 128,551
Total assets 367,315 352,273
Current liabilities    
Trade accounts payable 39,589 32,213
Accrued salaries, wages and benefits 6,084 7,136
Income tax accrual 1,536 501
Customer deposits 7,259 4,256
Current portion of lease liabilities 6,381 6,650
Other accrued expenses 2,796 3,354
Total current liabilities 63,645 54,110
Deferred compensation 11,127 11,219
Lease liabilities 27,980 29,441
Total long-term liabilities 39,107 40,660
Total liabilities 102,752 94,770
Shareholders’ equity    
Common stock, no par value, 20,000 shares authorized, 11,909 and 11,888 shares issued and outstanding on each date 53,004 53,323
Retained earnings 212,291 204,988
Accumulated other comprehensive loss (732) (808)
Total shareholders’ equity 264,563 257,503
Total liabilities and shareholders’ equity $ 367,315 $ 352,273