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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 30, 2016
May. 02, 2015
Jan. 31, 2015
Current assets:      
Cash and cash equivalents $ 63,557 $ 14,646 $ 152,062
Receivables, net 69,364 60,265 73,286
Merchandise inventories, net 1,043,930 995,738 1,031,376
Prepaid expenses and other current assets 66,674 93,965 66,683
Short-term deferred taxes 117,816 117,816 121,845
Current assets of discontinued operations   472,618 922,346
Total current assets 1,361,341 1,755,048 2,367,598
Property and equipment:      
Land and land improvements 2,541 2,541 2,541
Buildings and leasehold improvements 1,047,357 1,057,975 1,064,874
Fixtures and equipment 1,571,457 1,531,315 1,692,275
Property and equipment, gross 2,621,355 2,591,831 2,759,690
Less accumulated depreciation and amortization 2,314,176 2,250,096 2,410,361
Net property and equipment 307,179 341,735 349,329
Goodwill 215,197 215,197 219,119
Intangible assets, net 311,066 315,653 316,297
Other noncurrent assets 11,637 7,905 9,795
Noncurrent assets of discontinued operations   619,701 614,105
Total assets 2,206,420 [1] 3,255,239 3,876,243 [1]
Current liabilities:      
Accounts payable 576,958 484,574 595,947
Accrued liabilities 334,314 326,660 374,248
Gift card liabilities 384,915 358,146 390,102
Current liabilities of discontinued operations   303,613 673,903
Total current liabilities 1,296,187 1,472,993 2,034,200
Long-term deferred taxes 134,105 133,611 144,088
Other long-term liabilities 138,668 162,209 155,334
Noncurrent liabilities of discontinued operations   101,009 132,068
Redeemable Preferred Shares; $0.001 par value; 5,000 shares authorized; 0, 204 and 204 shares issued, respectively   196,059 195,744
Shareholders' equity:      
Common stock; $0.001 par value; 300,000 shares authorized; 110,740, 97,485 and 98,115 shares issued, respectively 111 98 97
Additional paid-in capital 1,734,898 1,927,997 1,924,130
Accumulated other comprehensive loss (16,533) (16,533) (17,184)
Retained earnings 17,629 357,512 381,190
Treasury stock, at cost, 36,797, 34,580 and 34,841 shares, respectively (1,098,645) (1,079,716) (1,073,424)
Total shareholders' equity $ 637,460 $ 1,189,358 $ 1,214,809
Commitments and contingencies
Total liabilities and shareholders' equity $ 2,206,420 $ 3,255,239 $ 3,876,243
[1] Excludes intercompany balances.