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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 28, 2017
Jan. 30, 2016
Current assets:    
Cash and cash equivalents $ 7,474 $ 5,640
Accounts receivable, net of allowances of $1,233 and $1,271 as of January 30, 2016 and January 31, 2015, respectively 25,572 29,602
Inventories 196,654 221,336
Prepaid expenses and other current assets 10,619 9,862
Total current assets 240,319 266,440
Property and equipment, net 16,692 25,892
Goodwill 38,769 38,769
Intangible and other assets, net 14,520 19,945
Total assets 310,300 351,046
Current liabilities:    
Accounts payable 28,605 32,175
Accounts payable-affiliates 1,027 300
Accrued expenses and other liabilities 28,686 33,205
Current portion of obligations under capital leases and other long-term debt 1,237 1,248
Total current liabilities 59,555 66,928
Revolving credit facility interest payable monthly, secured by a pledge of substantially all of the Company's assets 0 13,078
Notes payable-affiliates 125,366 125,366
Long-term portion of obligations under capital leases 0 1,223
Other long-term liabilities 64,954 60,474
Total liabilities 249,875 267,069
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 222,048 221,961
Accumulated deficit (153,210) (129,571)
Treasury stock, at cost, 898,249 shares as of January 30, 2016 and January 31, 2015 (8,577) (8,577)
Total shareholders’ equity 60,425 83,977
Total liabilities and shareholders’ equity $ 310,300 $ 351,046