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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2016
Jan. 30, 2016
Current assets:    
Cash $ 2,887 $ 5,640
Accounts receivable, net of allowances of $3,226 and $1,233 as of April 30, 2016 and January 30, 2016 respectively 32,496 29,602
Inventory, Net 213,849 221,336
Prepaid expenses and other current assets 9,731 9,862
Total current assets 258,963 266,440
Property and equipment, net 25,046 25,892
Goodwill 38,769 38,769
Intangible and other assets, net 18,729 19,945
Total assets 341,507 351,046
Current liabilities:    
Accounts payable 34,094 32,175
Accounts payable-affiliates 180 300
Accrued expenses and other liabilities 28,298 33,205
Current portion of obligations under capital leases 1,288 1,248
Total current liabilities 63,860 66,928
Revolving credit facility 12,089 13,078
Notes payable, affiliates 125,366 125,366
Long-term portion of obligations under capital leases 898 1,223
Other long-term liabilities 61,694 60,474
Total liabilities $ 263,907 $ 267,069
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $0.10 par value, 1,000,000 shares authorized, as of April 30, 2016 and January 30, 2016, none issued $ 0 $ 0
Common stock, $0.01 par value, 35,000,000 shares authorized;16,392,012 shares issued as of April 30, 2016 and January 30, 2016 164 164
Additional paid-in capital 221,993 221,961
Accumulated deficit (135,980) (129,571)
Treasury stock, at cost, 898,249 shares as of April 30, 2016 and January 30, 2016 (8,577) (8,577)
Total shareholders’ equity 77,600 83,977
Total liabilities and shareholders’ equity $ 341,507 $ 351,046