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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Oct. 31, 2020
Feb. 01, 2020
Current assets:    
Cash and cash equivalents $ 1,202 $ 3,198
Accounts receivable 3,209 2,975
Merchandise inventories 47,262 41,698
Prepaid expenses and other current assets 4,123 4,072
Income taxes receivable 362 291
Total current assets 56,158 52,234
Non-current assets:    
Property, equipment and improvements, net 20,010 24,952
Operating lease assets 94,974 110,509
Deferred income taxes 613 613
Other assets 1,081 1,098
Total non-current assets 116,678 137,172
Total assets 172,836 189,406
Current liabilities:    
Accounts payable 35,151 23,715
Short-term borrowings 13,978 0
Current portion of long-term debt 667 0
Current portion of long-term lease liabilities 23,824 26,185
Accrued salaries, wages and related expenses 3,494 4,723
Accrued liabilities and other current liabilities 22,883 24,053
Total current liabilities 99,997 78,676
Non-current liabilities:    
Long-term lease liabilities 88,964 99,793
Long-term debt 14,333 0
Other non-current liabilities 3,120 1,829
Total non-current liabilities 106,417 101,622
Commitments and contingencies 0 0
Stockholders’ equity:    
Preferred stock — $0.01 par value, 1,000 shares authorized, none outstanding 0 0
Common stock —$0.01 par value, 74,000 shares authorized, 48,889 and 48,680 shares issued, and 35,587 and 38,377 shares outstanding at October 31, 2020 and February 1, 2020, respectively 454 452
Additional paid-in capital 129,865 129,413
Accumulated deficit (51,022) (7,882)
Common stock held in treasury, 10,303 shares at cost at October 31, 2020 and February 1, 2020 (112,875) (112,875)
Total stockholders’ equity (33,578) 9,108
Total liabilities and stockholders’ equity $ 172,836 $ 189,406