Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 02, 2020
Feb. 01, 2020
Current assets:    
Cash $ 16,205 $ 10,287
Accounts receivable, net 54,817 63,594
Inventories 63,954 78,863
Current portion of television dIstribution rights, net 16,178 0
Prepaid expenses and other 7,274 8,196
Total current assets 158,428 160,940
Property and equipment, net 46,186 47,616
Television distribution rights, net 5,803 0
Other assets 4,321 4,187
TOTAL ASSETS 214,738 212,743
Current liabilities:    
Accounts payable 79,607 83,659
Accrued liabilities 39,685 40,250
Current portion of long term credit facility 2,488 2,714
Current portion of television distribution rights obligation 13,114 0
Current portion of operating lease liabilities 503 704
Deferred revenue 115 141
Total current liabilities 135,512 127,468
Other long term liabilities 9,646 335
Long term credit facility 55,676 66,246
Total liabilities 200,834 194,049
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, 14,600,000 shares authorized; 8,972,816 and 8,208,227 shares issued and outstanding as of May 2, 2020 and February 1, 2020 90 82
Additional paid-in capital 454,863 452,833
Accumulated deficit (441,049) (434,221)
Total shareholders’ equity 13,904 18,694
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 214,738 $ 212,743