Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Nov. 02, 2019
Nov. 03, 2018
Nov. 02, 2019
Nov. 03, 2018
Income Statement [Abstract]        
Net sales $ 115,159 $ 131,714 $ 378,183 $ 439,018
Cost of sales 73,573 84,559 251,578 278,738
Gross profit 41,586 47,155 126,605 160,280
Operating expense:        
Distribution and selling 38,332 47,328 128,717 144,173
General and administrative 5,415 6,214 17,816 19,454
Depreciation and amortization 2,053 1,587 6,234 4,681
Restructuring costs 1,516 0 6,681 0
Executive and management transition costs 87 408 2,428 1,432
Total operating expense 47,403 55,537 161,876 169,740
Operating loss (5,817) (8,382) (35,271) (9,460)
Other income (expense):        
Interest income 4 12 15 28
Interest expense (914) (767) (2,608) (2,691)
Total other expense, net (910) (755) (2,593) (2,663)
Loss before income taxes (6,727) (9,137) (37,864) (12,123)
Income tax provision (14) (20) (44) (60)
Net loss $ (6,741) $ (9,157) $ (37,908) $ (12,183)
Net loss per common share $ (0.09) $ (0.14) $ (0.52) $ (0.18)
Net loss per common share — assuming dilution $ (0.09) $ (0.14) $ (0.52) $ (0.18)
Weighted average number of common shares outstanding:        
Basic 75,770,277 66,351,835 72,863,795 65,907,301
Diluted 75,770,277 66,351,835 72,863,795 65,907,301