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Interim Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jul. 23, 2011
Feb. 05, 2011
Current assets:    
Cash and cash equivalents $ 2,636 $ 5,363
Accounts receivable:    
Trade 5,130 4,707
Other 670 971
Inventories 8,344 7,460
Prepaid expenses and other current assets 3,940 4,971
Refundable income taxes 481 0
Deferred tax assets 5,219 5,976
Assets held for sale 0 641
Total current assets 26,420 30,089
Property and equipment:    
Land 2,185 2,185
Buildings and building improvements 25,454 25,343
Leasehold improvements 4,303 4,383
Photographic, sales and manufacturing equipment 179,994 176,974
Property not in use (see Note 4) 3,401 3,401
Total 215,337 212,286
Less accumulated depreciation and amortization 181,979 176,288
Property and equipment, net 33,358 35,998
Prepaid debt fees 1,567 1,838
Goodwill 21,987 22,874
Intangible assets, net 37,006 37,862
Deferred tax assets 11,502 7,166
Other assets 8,592 7,973
TOTAL ASSETS 140,432 143,800
Current liabilities:    
Accounts payable 7,277 4,570
Accrued employment costs 7,691 8,905
Customer deposit liability 16,350 16,403
Sales taxes payable 2,229 3,517
Accrued advertising expenses 1,428 995
Accrued expenses and other liabilities 12,649 14,813
Total current liabilities 47,624 49,203
Long-term debt, less current maturities 56,200 48,900
Accrued pension plan obligations 15,076 14,862
Other liabilities 16,119 16,565
Total liabilities 135,019 129,530
CONTINGENCIES (see Note 11)    
STOCKHOLDERS' EQUITY    
Preferred Stock, Value 0 0
Common stock, $0.40 par value, 50,000,000 shares authorized; 9,139,527 and 9,129,013 shares outstanding at July 23, 2011, and February 5, 2011, respectively 3,670 3,652
Additional paid-in capital 31,360 30,785
Retained earnings 30,901 40,794
Accumulated other comprehensive loss (12,496) (12,927)
Total stockholders' equity excluding treasury stock and noncontrolling interest 53,435 62,304
Treasury stock - at cost, 2,097,043 and 2,133,566 shares at July 23, 2011, and February 5, 2011, respectively (47,915) (48,050)
Total CPI Corp. stockholders' equity 5,520 14,254
Noncontrolling interest in subsidiary (see Note 2) (107) 16
Total stockholders' equity 5,413 14,270
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 140,432 143,800
Series A Preferred Stock [Member]
   
STOCKHOLDERS' EQUITY    
Preferred Stock, Value $ 0 $ 0