v3.25.1
Acquisition of rag & bone (Tables)
 3 Months Ended
May 03, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Purchase Price Allocation The purchase price consideration was allocated to assets acquired and liabilities assumed based on their respective fair values as follows (in thousands):
Apr 2, 2024
Cash and cash equivalents$2,083 
Accounts receivable23,582 
Inventory52,105 
Other current assets10,900 
Total current assets88,670 
Property and equipment12,605 
Operating lease ROU assets38,821 
Other assets62,221 
Total assets acquired$202,317 
Accounts payable$23,752 
Accrued expenses11,923 
Current portion of operating lease liabilities16,588 
Total current liabilities52,263 
Long-term operating lease liabilities44,496 
Total liabilities assumed$96,759 
Fair value of net assets acquired$105,558 
Cash$57,064 
Earnout consideration2,040 
Vendor consideration46,454 
Fair value of acquisition consideration$105,558 
Schedule of Pro Forma Financial Information The following financial information presents the Company’s consolidated net revenues as if the acquisition had occurred on January 29, 2023 (in thousands):
Three Months Ended
May 4, 2024
Pro-forma net revenue$625,185