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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 29, 2011
Jan. 29, 2011
Oct. 30, 2010
ASSETS      
Cash and cash equivalents $ 19,017 $ 75,212 $ 6,127
Merchandise inventory 223,528 234,164 270,800
Other current assets 8,551 8,385 17,673
Total current assets 251,096 317,761 294,600
NET FIXED ASSETS 17,968 21,478 26,763
OTHER ASSETS 8,160 9,485 9,427
TOTAL ASSETS 277,224 348,724 330,790
LIABILITIES      
Accounts payable 78,539 130,007 115,312
Borrowings under line of credit     8,588
Accrued expenses and other current liabilities 24,275 28,025 27,635
Current portion of long-term debt 669 640 630
Current portion of capital lease obligations 797 723 700
Total current liabilities 104,280 159,395 152,865
LONG-TERM DEBT, less current portion 1,242 1,748 1,911
CAPITAL LEASE OBLIGATIONS, less current portion 3,157 3,763 3,953
OTHER LONG-TERM LIABILITIES 20,690 22,020 21,621
TOTAL LIABILITIES 129,369 186,926 180,350
SHAREHOLDERS’ EQUITY      
Common stock ($0.01 par value; 200,000,000 shares authorized; 56,557,519, 56,527,519 and 56,527,519 shares issued, respectively) 565 565 565
Additional paid-in capital 308,724 308,333 308,223
Treasury stock at cost (25,102,990, 25,102,990 and 25,102,990 shares, respectively) (217,555) (217,555) (217,555)
Accumulated other comprehensive income 416 416 1,518
Retained earnings 55,705 70,039 57,689
TOTAL SHAREHOLDERS’ EQUITY 147,855 161,798 150,440
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 277,224 $ 348,724 $ 330,790