v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 30, 2022
Jan. 30, 2022
Oct. 31, 2021
Current Assets:      
Cash and cash equivalents $ 9,407 $ 77,051 $ 19,753
Receivables 6,466 5,455 5,133
Income tax receivable 1,452   605
Inventory, less reserves of $1,479, $2,372, and $1,439, respectively 204,717 122,672 165,078
Prepaid expenses & other current assets 17,964 17,333 14,787
Prepaid catalog costs 11 10 635
Total current assets 240,017 222,521 205,991
Property and equipment, net 112,800 110,078 114,579
Operating lease right-of-use assets 135,164 120,911 124,164
Finance lease right-of-use assets, net 47,938 50,133 50,866
Available-for-sale security 5,285 6,554 6,598
Other assets, net 6,446 5,353 5,382
Total assets 547,650 515,550 507,580
Current liabilities:      
Trade accounts payable 77,842 45,402 59,157
Accrued expenses and other current liabilities 34,795 47,504 41,832
Income taxes payable   6,814  
Current portion of operating lease liabilities 15,095 12,882 12,362
Current portion of finance lease liabilities 2,802 2,701 2,679
Duluth line of credit 10,000
Current maturities of TRI long-term debt 749 693 675
Total current liabilities 141,283 115,996 116,705
Operating lease liabilities, less current maturities 120,908 107,094 110,370
Finance lease liabilities, less current maturities 38,151 40,267 40,954
TRI long-term debt, less current maturities 26,099 26,608 26,773
Deferred tax liabilities 2,572 2,867 8,092
Total liabilities 329,013 292,832 302,894
Shareholders’ equity:      
Preferred stock, no par value; 10,000 shares authorized; no shares issued or outstanding as of October 30, 2022, January 30, 2022 and October 31, 2021
Treasury stock, at cost; 112, 79 and 79 shares as of October 30, 2022, January 30, 2022, and October 31, 2021, respectively (1,459) (1,002) (998)
Capital stock 97,977 95,515 94,815
Retained earnings 125,725 130,868 113,509
Accumulated other comprehensive income (372) 489 494
Total shareholders' equity of Duluth Holdings Inc. 221,871 225,870 207,820
Noncontrolling interest (3,234) (3,152) (3,134)
Total shareholders' equity 218,637 222,718 204,686
Total liabilities and shareholders' equity 547,650 515,550 507,580
Class A common stock [Member]      
Shareholders’ equity:      
Common stock
Class B common stock [Member]      
Shareholders’ equity:      
Common stock