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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 29, 2023
Jul. 30, 2022
Current assets:    
Cash and cash equivalents $ 239,437 $ 130,935
Short-term investments 18,161 82,049
Inventory, net 137,176 197,251
Prepaid expenses and other current assets 30,014 39,456
Income tax receivable 673 27,561
Total current assets 425,461 477,252
Long-term investments 0 17,713
Income tax receivable, net of current portion 0 26,091
Property and equipment, net 79,757 103,375
Operating lease right-of-use assets 106,098 132,179
Other long-term assets 3,162 7,925
Total assets 614,478 764,535
Current liabilities:    
Accounts payable 99,317 143,934
Operating lease liabilities 29,343 29,014
Accrued liabilities 78,795 94,416
Gift card liability 10,355 10,551
Deferred revenue 11,551 14,441
Other current liabilities 8,750 3,214
Total current liabilities 238,111 295,570
Operating lease liabilities, net of current portion 125,418 141,334
Other long-term liabilities 3,639 4,980
Total liabilities 367,168 441,884
Commitments and contingencies
Stockholders’ equity:    
Additional paid-in capital 615,236 522,658
Accumulated other comprehensive income (loss) 527 (3,527)
Accumulated deficit (338,413) (166,440)
Treasury stock at cost (2,302,141 and 2,302,141 shares) (30,042) (30,042)
Total stockholders’ equity 247,310 322,651
Total liabilities and stockholders’ equity 614,478 764,535
Class A Common Stock    
Stockholders’ equity:    
Common stock 1 1
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 1 $ 1