Discontinued Operations (Tables)

3 Months Ended

May 02, 2020

Discontinued Operations

Summary of information attributable to discontinued operations

	May 4,
	2019
ASSETS
Cash and cash equivalents	$	16,821
Accounts receivable, net		39,863
Inventories		106,718
Other current assets		3,717
Total current assets		167,119
Property and equipment, net		14,745
Other assets		21,095
Total assets	$	202,959
LIABILITIES
Accounts payable	$	16,397
Accrued expenses and other current liabilities		20,625
Total current liabilities		37,022
Other liabilities		14,428
Total liabilities	$	51,450

The following table provides details of the amounts reflected in earnings from discontinued operations, net of tax in the condensed consolidated statements of (loss) earnings for the three months ended May 4, 2019 (in thousands):

	For the Three
	Months Ended
	May 4, 2019
Net sales	$	56,725
Cost of sales		41,044
Selling, general and administrative expenses		14,383
Earnings from discontinued operations before taxes		1,298
Income tax expense		636
Earnings from discontinued operations, net of tax	$	662

The cash flows related to discontinued operations have not been segregated, and are included in the condensed consolidated statement of cash flows. The following table provides selected information on cash flows related to discontinued operations for the three months ended May 4, 2019 (in thousands):

	For the Three
	Months Ended
	May 4, 2019
Depreciation and amortization	$	1,442
Capital expenditures	$	1,155