v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 04, 2025
Feb. 02, 2025
Current Assets:    
Cash and cash equivalents $ 8,579 $ 3,335
Receivables 4,248 3,970
Income taxes receivable
Inventory, less reserves of $2,333 and $2,135, respectively 176,108 166,545
Prepaid expenses & other current assets 22,189 17,781
Total current assets 211,124 191,631
Property and equipment, net 106,274 111,560
Operating lease right-of-use assets 100,076 102,663
Finance lease right-of-use assets, net 32,112 32,957
Available-for-sale security 4,860 4,491
Other assets, net 9,259 9,140
Deferred tax assets
Total assets 463,705 452,442
Current liabilities:    
Trade accounts payable 45,940 73,882
Accrued expenses and other current liabilities 27,543 35,684
Income taxes payable 65 65
Current portion of operating lease liabilities 15,875 15,534
Current portion of finance lease liabilities 2,578 2,541
Line of credit 64,000
Current maturities of TRI long-term debt 953 931
Total current liabilities 156,954 128,637
Operating lease liabilities, less current maturities 86,471 89,222
Finance lease liabilities, less current maturities 29,962 30,621
TRI long-term debt, less current maturities 24,054 24,283
Deferred tax liabilities 1,371  
Total liabilities 298,812 272,763
Shareholders’ equity:    
Preferred stock, no par value; 10,000 shares authorized; no shares issued or outstanding as of May 4, 2025 and February 2, 2025
Treasury stock, at cost; 264 and 264 shares as of May 4, 2025 and February 2, 2025, respectively (2,596) (2,332)
Capital stock 108,329 108,009
Retained earnings 62,428 77,721
Accumulated other comprehensive loss (300) (722)
Total shareholders' equity of Duluth Holdings Inc. 167,861 182,676
Noncontrolling interest (2,968) (2,997)
Total shareholders' equity 164,893 179,679
Total liabilities and shareholders' equity 463,705 452,442
Class A Common Stock [Member]    
Shareholders’ equity:    
Common stock
Class B Common Stock [Member]    
Shareholders’ equity:    
Common stock