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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Nov. 02, 2024
Oct. 28, 2023
Feb. 03, 2024
Operating activities          
Net income     $ 9,298 $ 30,114  
Add (deduct) items not affecting operating cash flows:          
Depreciation and amortization     3,066 3,703  
Allowance for doubtful accounts     (32) (17)  
Gain on sale of intangible assets       (32,808)  
Gain on sale of subsidiary     (7,634)    
Loss on disposal of property and equipment     40 230  
Amortization of deferred financing costs     239 673  
Deferred income taxes     (1,346) (5,905)  
Share-based compensation expense $ 307 $ 342 557 1,155  
Capitalized PIK Interest due to loan with related party     3,455 2,875  
Loss on debt extinguishment       3,136  
Equity in net income of equity method investment, net of distributions     2,593 (475)  
Changes in assets and liabilities:          
Receivables, net     (8,742) (7,584)  
Inventories     (4,992) 20,441  
Prepaid expenses and other current assets     (2,072) (366)  
Accounts payable and accrued expenses     6,334 (23,921)  
Other assets and liabilities     (1,397) (4,372)  
Net cash used in operating activities     (633) (13,121)  
Investing activities          
Payments for capital expenditures     (2,725) (920)  
Transaction costs related to equity method investment       (525)  
Proceeds from Sale of Intangible Assets       77,525  
Net cash (used in) provided by investing activities     (2,725) 76,080  
Financing activities          
Proceeds from borrowings under the Revolving Credit Facilities     164,300 219,266  
Repayment of borrowings under the Revolving Credit Facilities     (161,170) (248,387)  
Repayment of borrowings under the Term Loan Facilities       (29,378)  
Tax withholdings related to restricted stock vesting     (56) (141)  
Proceeds from stock option exercises, restricted stock vesting, and issuance of common stock under employee stock purchase plan     21 38  
Financing fees     (8) (3,012)  
Net cash provided by (used in) financing activities     3,087 (61,614)  
(Decrease) increase in cash, cash equivalents, and restricted cash     (271) 1,345  
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     3 (7)  
Cash, cash equivalents, and restricted cash, beginning of period     1,219 1,116 $ 1,116
Cash, cash equivalents, and restricted cash, end of period 951 2,454 951 2,454 1,219
Less: restricted cash at end of period 59 1,237 59 1,237  
Cash and cash equivalents per balance sheet at end of period $ 892 $ 1,217 892 1,217 $ 357
Supplemental Disclosures of Cash Flow Information          
Cash payments for interest     1,418 5,807  
Cash payments for income taxes, net of refunds     245 437  
Supplemental Disclosures of Non-Cash Investing and Financing Activities          
Non-cash equity method investment       25,500  
Capital expenditures in accounts payable and accrued liabilities     $ 423 102  
Deferred financing fees in accrued liabilities       $ 323