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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 30, 2016
Jan. 30, 2016
Current assets:    
Cash $ 2,284 $ 5,640
Accounts receivable, net of allowances of $3,226 and $1,233 as of April 30, 2016 and January 30, 2016 respectively 29,755 29,602
Inventory, Net 220,635 221,336
Prepaid expenses and other current assets 9,646 9,862
Total current assets 262,320 266,440
Property and equipment, net 23,832 25,892
Goodwill 38,769 38,769
Intangible and other assets, net 17,969 19,945
Total assets 342,890 351,046
Current liabilities:    
Accounts payable 33,823 32,175
Accounts payable-affiliates 953 300
Accrued expenses and other liabilities 27,159 33,205
Current portion of obligations under capital leases 1,332 1,248
Total current liabilities 63,267 66,928
Revolving credit facility 23,927 13,078
Notes payable, affiliates 125,366 125,366
Long-term portion of obligations under capital leases 549 1,223
Other long-term liabilities 63,189 60,474
Total liabilities 276,298 267,069
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 222,001 221,961
Accumulated deficit (146,996) (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 66,592 83,977
Total liabilities and shareholders’ equity $ 342,890 $ 351,046