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Restricted Cash
12 Months Ended
Feb. 01, 2020
Restricted Cash [Abstract]  
Restricted Cash
Note 5. Restricted Cash

As of February 1, 2020 and February 2, 2019, the Company had restricted cash of $5.9 million and $9.9 million, respectively.

Restricted cash balance at the end of fiscal 2019 consisted of $5.9 million rabbi trust, that resulted from the death of the Company’s former Chairman, of which $1.0 million was classified as restricted cash in current assets and $4.9 million was classified as restricted cash as a long-term asset.

Restricted cash balance at the end of fiscal 2018 consisted of $3.2 million related to the earn-out amount that could be paid to the selling shareholders of etailz in accordance with the share purchase agreement created during the acquisition of etailz in fiscal 2016; and a $6.7 million rabbi trust, that resulted from the death of the Company’s former Chairman, of which $1.0 million was classified as restricted cash in current assets and $5.7 million was classified as restricted cash as a long-term asset.

During fiscal 2019, the $3.2 million earn-out escrow balance was returned to the Company as a result of etailz not achieving the prescribed earnings target, outlined in the amended etailz acquisition share purchase agreement, as amended.

A summary of cash, cash equivalents and restricted cash is as follows (amounts in thousands):

  
February 1,
2020
  
February 2,
2019
 
Cash and cash equivalents
 
$
2,977
  
$
4,355
 
Restricted cash
  
5,875
   
9,871
 
Total cash, cash equivalents and restricted cash
 
$
8,852
  
$
14,226