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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Net income $ 37,235 $ 31,434
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 16,082 16,847
Impairment of long-lived assets 413 66
Adjustment for exited retail stores (615) (632)
Loss on disposal of fixed assets 74 65
Loss on extinguishment of debt 8,570  
Loss on debt refinancing   12,702
Loss due to hurricane 252  
Noncash interest expense, net 1,345 2,826
Equity-based compensation 4,676 2,757
Deferred rent incentives (95) (116)
Deferred income taxes (1,456) 679
Changes in operating assets and liabilities:    
Accounts receivable (1,493) 829
Inventories, net (8,559) (6,067)
Prepaid expenses and other current assets (1,118) 476
Accounts payable 9,405 9,453
Accrued expenses and other current liabilities (8) (8,183)
Operating lease assets and liabilities (3,438) (4,844)
Other noncurrent assets and liabilities (4,323) (1,610)
Net cash provided by operating activities 56,947 56,682
Investing activities:    
Purchases of property and equipment (7,558) (5,822)
Capitalized software (2,489) (4,938)
Net cash used in investing activities (10,047) (10,760)
Financing activities:    
Prepayment premium on Term Loan (2,562)  
Proceeds from issuance of Term Loan   164,050
Third-party debt financing costs   (3,692)
Proceeds from issuance of common stock, net of underwriting costs 29,450  
Third-party common stock issuance costs (909)  
Surrender of shares to pay withholding taxes (2,497) (2,314)
Quarterly cash dividend paid to shareholders (1,826)  
Net cash used in financing activities (70,307) (68,860)
Net change in cash and cash equivalents (23,407) (22,938)
Cash and cash equivalents:    
Beginning of Period 62,172 87,053
End of Period 38,765 64,115
Term Loan [Member]    
Financing activities:    
Principal repayments $ (91,963) (4,374)
Priming Term Loan [Member]    
Financing activities:    
Principal repayments   (201,349)
Subordinated Term Loan-Related Party [Member]    
Financing activities:    
Principal repayments   $ (21,181)