v3.26.1

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 03, 2026	Feb. 01, 2026
Current assets
Cash and cash equivalents	$ 10,618	$ 1,112
Trade accounts receivable, net	30,933	37,786
Inventories	45,032	48,684
Income tax recoverable	0	30
Prepaid expenses and other current assets	5,269	5,283
Total current assets	91,852	92,895
Property, plant and equipment, net	22,208	25,207
Cash surrender value of life insurance policies	31,291	30,422
Deferred taxes	24,767	24,941
Operating leases right-of-use assets	21,653	23,015
Intangible assets, net	12,449	12,994
Goodwill	575	575
Other assets	18,422	15,842
Total non-current assets	131,365	132,996
Total assets	223,217	225,891
Current liabilities
Trade accounts payable	12,113	11,002
Accrued salaries, wages and benefits	4,666	3,730
Accrued income taxes	158	42
Customer deposits	5,151	5,291
Current portion of operating lease liabilities	5,359	5,445
Other accrued expenses	2,320	2,083
Total current liabilities	29,767	27,593
Long term debt	0	3,223
Deferred compensation	6,149	6,365
Operating lease liabilities	18,207	19,468
Total long-term liabilities	24,356	29,056
Total liabilities	54,123	56,649
Shareholders’ equity
Common stock, no par value, 20,000 shares authorized,10,770 and 10,764 shares issued and outstanding on each date	51,479	51,361
Retained earnings	117,352	117,603
Accumulated other comprehensive income	263	278
Total shareholders’ equity	169,094	169,242
Total liabilities and shareholders’ equity	$ 223,217	$ 225,891

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

HOOKER FURNISHINGS Corp 10-Q