v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Current assets:    
Cash and cash equivalents $ 22,841 $ 20,023
Restricted cash 421 421
Inventory 142,642 136,483
Prepaid expenses and other current assets 26,666 24,564
Prepaid income taxes 11,866 11,991
Total current assets 204,436 193,482
Property and equipment, net 50,759 51,632
Operating lease right-of-use assets 101,244 108,191
Deposits and other noncurrent assets 18,619 19,570
Deferred tax assets 19,065 19,065
Intangible asset 8,400 8,400
Total assets 402,523 400,340
Current liabilities:    
Accounts payable 78,160 56,764
Accrued and other current liabilities 97,797 106,446
Operating lease liabilities 29,597 32,171
Borrowings under credit facility 32,840 31,020
Current portion of term loan 16,144 16,144
Due to related parties 5,832 6,271
Income taxes payable 0 122
Total current liabilities 260,370 248,938
Noncurrent operating lease liabilities 94,349 100,884
Noncurrent debt, net 252,228 256,264
Deferred compensation 4,065 4,039
Other noncurrent liabilities 3,431 3,622
Total liabilities 614,443 613,747
Commitments and contingencies (Note 9)
Stockholders’ Deficit:    
Preferred shares: $0.01 par value; 5,000,000 shares authorized; no shares issued and outstanding at May 2, 2026 and January 31, 2026 0 0
Common shares: $0.01 par value; 1,000,000,000 shares authorized; 105,529,383 and 99,498,475 shares issued and outstanding, respectively, at May 2, 2026; 105,344,216 and 99,313,308 shares issued and outstanding, respectively, at January 31, 2026 1,055 1,053
Additional paid-in capital 145,776 144,720
Accumulated deficit (337,889) (338,303)
Accumulated other comprehensive loss (591) (606)
Common shares in treasury, at cost: 6,030,908 shares at May 2, 2026 and January 31, 2026 (20,271) (20,271)
Total stockholders’ deficit (211,920) (213,407)
Total liabilities and stockholders’ deficit $ 402,523 $ 400,340