Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 01, 2020
Nov. 03, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 38,550 $ 28,672
Restricted cash 17,883 9,772
Short-term investments 2,853 3,022
Trade accounts receivable, net of allowances of $219 and $117, respectively 121,916 135,950
Other current assets 7,058 7,252
TOTAL CURRENT ASSETS 188,260 184,668
Property, equipment and software, net 22,167 25,890
Right of use assets - operating leases 25,107 0
Other assets, excluding current portion 6,311 7,446
TOTAL ASSETS 241,845 218,004
CURRENT LIABILITIES:    
Accrued compensation 18,357 21,507
Accounts payable 31,221 36,341
Accrued taxes other than income taxes 12,983 11,244
Accrued insurance and other 15,908 24,654
Operating lease liabilities 7,144 0
Income taxes payable 891 1,570
TOTAL CURRENT LIABILITIES 86,504 95,316
Accrued payroll taxes and other, excluding current portion 29,988 12,029
Operating lease liabilities - excluding current portion 38,232 0
Deferred gain on sale of real estate, excluding current portion 0 20,270
Income taxes payable, excluding current portion 90 289
Deferred income taxes 3 17
Long-term debt, net 59,154 53,894
TOTAL LIABILITIES 213,971 181,815
Commitments and contingencies
STOCKHOLDERS’ EQUITY:    
Preferred stock, par value $1.00; Authorized - 500,000 shares; Issued - none 0 0
Common stock, par value $0.10; Authorized - 120,000,000.00 shares; Issued - 23,738,003; Outstanding - 21,729,400 and 21,367,821, respectively 2,374 2,374
Paid-in capital 79,937 77,688
Retained deficit (29,793) (10,917)
Accumulated other comprehensive loss (6,458) (6,801)
Treasury stock, at cost; 2,008,603 and 2,370,182 shares, respectively (18,186) (26,155)
TOTAL STOCKHOLDERS’ EQUITY 27,874 36,189
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 241,845 $ 218,004