Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 01, 2020
Feb. 01, 2020
Current assets:    
Cash $ 18,703 $ 10,287
Accounts receivable, net 58,137 63,594
Inventories 61,627 78,863
Current portion of television dIstribution rights, net 18,221 0
Prepaid expenses and other 7,013 8,196
Total current assets 163,701 160,940
Property and equipment, net 44,882 47,616
Television distribution rights, net 7,263 0
Other assets 3,931 4,187
TOTAL ASSETS 219,777 212,743
Current liabilities:    
Accounts payable 79,812 83,659
Accrued liabilities 36,839 40,250
Current portion of television distribution rights obligation 21,221 0
Current portion of long term credit facility 2,714 2,714
Current portion of operating lease liabilities 278 704
Deferred revenue 188 141
Total current liabilities 141,052 127,468
Other long term liabilities 9,273 335
Long term credit facility 52,006 66,246
Total liabilities 202,331 194,049
Commitments and Contingencies
Shareholders' equity:    
Preferred stock, $.01 per share par value, 400,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, $.01 per share par value, 29,600,000 and 14,600,000 shares authorized as of August 1, 2020 and February 1, 2020; 10,141,649 and 8,208,227 shares issued and outstanding as of August 1, 2020 and February 1, 2020 101 82
Additional paid-in capital 457,340 452,833
Accumulated deficit (439,995) (434,221)
Total shareholders’ equity 17,446 18,694
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 219,777 $ 212,743