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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jul. 30, 2011
Jan. 29, 2011
Current assets:    
Cash $ 1,449 $ 1,236
Accounts receivable, net of allowances of $706 and $525, as of July 30, 2011 and January 29, 2011, respectively 19,784 20,305
Inventories 224,341 224,645
Prepaid expenses and other current assets 9,251 9,769
Total current assets 254,825 255,955
Property and equipment, net 25,713 28,050
Other assets, net 15,563 16,467
Total assets 296,101 300,472
Current liabilities:    
Accounts payable 37,949 25,789
Accounts payable-affiliates 10,645 14,787
Accrued expenses and other liabilities 16,305 16,734
Current portion of notes payable-affiliate 53 373
Current portion of obligations under capital leases and other long-term debt 779 1,232
Total current liabilities 65,731 58,915
Revolving credit facility 47,054 57,879
Notes payable-affiliates 95,366 95,366
Long-term portion of obligations under capital leases 1,600 1,773
Other long-term liabilities 29,058 26,031
Total liabilities 238,809 239,964
Commitments and contingencies    
Shareholders’ equity:    
Preferred stock, $0.10 par value, 1,000,000 shares authorized, as of July 30, 2011 and January 29, 2011, none issued 0 0
Common stock, $0.01 par value, 20,000,000 shares authorized; 9,866,000 shares and 9,865,000 shares issued as of July 30, 2011 and January 29, 2011, respectively 99 99
Additional paid-in capital 125,204 125,186
Accumulated deficit (59,434) (56,200)
Treasury stock, at cost, 898,249 shares as of July 30, 2011 and January 29, 2011 (8,577) (8,577)
Total shareholders’ equity 57,292 60,508
Total liabilities and shareholders’ equity $ 296,101 $ 300,472