10-K
Annual Report
VINCE HOLDING CORP.
VNCE
NYSE
CIK: 1579157
File #: 001-36212
Balance Sheet
41 line items · 2 periods
XBRL
| Item | Feb 1, 2025 | Feb 3, 2024 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 607,000 | 357,000 |
Trade receivables, net of allowance for doubtful accounts $335 and $377 at February 1, 2025 and February 3, 2024, respectively | 32,927,000 | 20,671,000 |
Inventories, net | 59,146,000 | 58,777,000 |
Prepaid expenses and other current assets | 3,896,000 | 4,997,000 |
Total current assets | 96,576,000 | 84,802,000 |
Property and equipment, net | 7,378,000 | 6,972,000 |
Operating lease right-of-use assets, net | 91,209,000 | 73,003,000 |
Goodwill | 0 | 31,973,000 |
Vince, LLC - Wholesale | 0 | 31,973,000 |
Equity method investment | 23,464,000 | 26,147,000 |
Other assets | 4,108,000 | 2,252,000 |
Total assets | 222,735,000 | 225,149,000 |
Operating Segments - Vince Wholesale | 68,488,000 | 51,489,000 |
Operating Segments | 168,602,000 | 139,137,000 |
Unallocated Corporate | 54,133,000 | 86,012,000 |
Operating Segments - Vince Direct-to-Consumer | 100,114,000 | 87,648,000 |
Liabilities and Stockholders' Equity | ||
Current liabilities: | ||
Accounts payable | 35,090,000 | 31,678,000 |
Accrued salaries and employee benefits | 8,709,000 | 3,967,000 |
Other accrued expenses | 13,722,000 | 8,980,000 |
Short-term lease liabilities | 16,025,000 | 16,803,000 |
Total current liabilities | 73,546,000 | 61,428,000 |
Long-term debt | 19,156,000 | 43,950,000 |
Third Lien Credit Facility - Related Party | — | 29,982,000 |
Long-term lease liabilities | 87,180,000 | 67,705,000 |
Deferred income tax liability | 631,000 | 4,913,000 |
Other liabilities | 463,000 | — |
Stockholders' equity: | ||
Common stock at $0.01 par value (100,000,000 shares authorized, 12,758,852 and 12,506,556 shares issued and outstanding at February 1, 2025 and February 3, 2024, respectively) | 128,000 | 125,000 |
Additional paid-in capital | 1,158,279,000 | 1,144,740,000 |
Accumulated deficit | (1,116,681,000) | (1,097,634,000) |
Accumulated other comprehensive income (loss) | 33,000 | (78,000) |
Total stockholders' equity | 41,759,000 | 47,153,000 |
Accumulated Other Comprehensive Income (Loss) | 33,000 | (78,000) |
Additional Paid-In Capital | 1,158,279,000 | 1,144,740,000 |
Common Stock | 128,000 | 125,000 |
Accumulated Deficit | (1,116,681,000) | (1,097,634,000) |
Total liabilities and stockholders' equity | 222,735,000 | 225,149,000 |