| CURRENT ASSETS: |
| Cash and cash equivalents |
216K |
| Accounts receivable |
910K |
| Income tax receivable |
| Merchandise inventories |
| Prepaid expenses and other current assets |
1.09M |
| Deferred income tax assets |
48K |
| Total current assets |
16.52M |
| PROPERTY AND EQUIPMENT, Net |
4.57M |
| INTANGIBLE ASSETS |
18.26M |
| OTHER ASSETS |
932K |
| TOTAL ASSETS |
40.28M |
| CURRENT LIABILITIES: |
| Revolving credit facility |
7.95M |
| Accounts payable and other accrued expenses |
27.88M |
| Total current liabilities |
35.83M |
| DEFERRED RENT AND TENANT ALLOWANCES |
3.5M |
| TERM LOAN |
9.16M |
| OTHER |
10K |
| DEFERRED INCOME TAX LIABILITIES |
7.35M |
| TOTAL LIABILITIES |
55.84M |
| COMMITMENTS AND CONTINGENCIES (Notes 5 and 6) |
0 |
| SHAREHOLDERS' EQUITY (DEFICIENCY): |
| Preferred stock, $.01 par value - authorized, 10,000,000 shares at April 28, 2012 and July 30, 2011; issued and outstanding, none at April 28, 2012 and July 30, 2011 |
5.32M |
| Common stock, $.01 par value - authorized, 200,000,000 shares at April 28, 2012 and July 30, 2011; issued and outstanding, 38,927,794 shares at April 28, 2012 and 38,637,363 shares at July 30, 2011 |
390K |
| Additional paid-in capital |
88.47M |
| Accumulated deficit |
-109.73M |
| TOTAL SHAREHOLDERS' EQUITY (DEFICIENCY) |
-15.56M |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIENCY) |
40.28M |
