v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Aug. 01, 2026
Jan. 31, 2026
Current assets:    
Cash and cash equivalents $ 22,004 $ 20,023
Restricted cash 421 421
Inventory 125,600 136,483
Prepaid expenses and other current assets 27,690 24,564
Prepaid income taxes 10,822 11,991
Total current assets 186,537 193,482
Property and equipment, net 46,960 51,632
Operating lease right-of-use assets 93,099 108,191
Deposits and other noncurrent assets 17,385 19,570
Deferred tax assets 19,065 19,065
Intangible asset 8,400 8,400
Total assets 371,446 400,340
Current liabilities:    
Accounts payable 57,718 56,764
Accrued and other current liabilities 90,668 106,446
Operating lease liabilities 26,649 32,171
Borrowings under credit facility 39,690 31,020
Current portion of term loan 16,144 16,144
Due to related parties 3,992 6,271
Income taxes payable 0 122
Total current liabilities 234,861 248,938
Noncurrent operating lease liabilities 86,814 100,884
Noncurrent debt, net 248,192 256,264
Deferred compensation 4,137 4,039
Other noncurrent liabilities 3,255 3,622
Total liabilities 577,259 613,747
Commitments and contingencies (Note 9)
Stockholders’ Deficit:    
Preferred shares: $0.01 par value; 5,000,000 shares authorized; no shares issued and outstanding at August 1, 2026 and January 31, 2026 0 0
Common shares: $0.01 par value; 1,000,000,000 shares authorized; 105,724,568 and 99,693,660 shares issued and outstanding, respectively, at August 1, 2026; 105,344,216 and 99,313,308 shares issued and outstanding, respectively, at January 31, 2026 1,057 1,053
Additional paid-in capital 146,911 144,720
Accumulated deficit (332,712) (338,303)
Accumulated other comprehensive loss (798) (606)
Common shares in treasury, at cost: 6,030,908 shares at August 1, 2026 and January 31, 2026 (20,271) (20,271)
Total stockholders’ deficit (205,813) (213,407)
Total liabilities and stockholders’ deficit $ 371,446 $ 400,340