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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 30, 2016
Jan. 31, 2015
Current assets:    
Cash and cash equivalents $ 5,640 $ 1,533
Accounts receivable, net of allowances of $1,233 and $1,271 as of January 30, 2016 and January 31, 2015, respectively 29,602 27,777
Inventories 221,336 253,371
Prepaid expenses and other current assets 9,862 13,775
Total current assets 266,440 296,456
Property and equipment, net 25,892 24,640
Goodwill 38,769 38,769
Intangible and other assets, net 19,945 26,367
Total assets 351,046 386,232
Current liabilities:    
Accounts payable 32,175 39,263
Accounts payable-affiliates 300 269
Accrued expenses and other liabilities 33,205 28,254
Current portion of obligations under capital leases and other long-term debt 1,248 1,104
Total current liabilities 66,928 68,890
Revolving credit facility interest payable monthly, secured by a pledge of substantially all of the Company's assets 13,078 37,561
Notes payable-affiliates 125,366 125,366
Long-term portion of obligations under capital leases 1,223 2,459
Other long-term liabilities 60,474 56,662
Total liabilities $ 267,069 $ 290,938
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $0.10 par value, 1,000,000 shares authorized; as of January 30, 2016 and January 31, 2015, none issued $ 0 $ 0
Common stock, $.01 par value, 35,000,000 shares authorized; 16,392,012 shares and 16,374,625 shares issued as of January 30, 2016 and January 31, 2015, respectively 164 164
Additional paid-in capital 221,961 221,607
Accumulated deficit (129,571) (117,900)
Treasury stock, at cost, 898,249 shares as of January 30, 2016 and January 31, 2015 (8,577) (8,577)
Total shareholders’ equity 83,977 95,294
Total liabilities and shareholders’ equity $ 351,046 $ 386,232