Company: SPWH
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0000950170-25-048890
Chunk: 323

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 2
Chunk 323
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 equivalents at beginning of period

    3,141

    2,389

    57,018

    Cash and cash equivalents at end of period
     
    $
    2,832

    $
    3,141

    $
    2,389

    Supplemental disclosures of cash flow information:

    Cash paid during the period for:

    Interest, net of amounts capitalized
     
    $
    11,456

    $
    12,092

    $
    3,396

    Income taxes, net of refunds

    411

    1,646

    18,154

    Supplemental schedule of noncash activities:

    Noncash change in operating lease right of use asset and operating lease liabilities from remeasurement of existing leases and addition of new leases
     
    $
    15,511

    $
    58,000

    $
    54,243

    Purchases of property and equipment included in accounts payable and accrued expenses
     
    $
    257

    $
    334

    $
    9,416

See accompanying notes to the consolidated financial statements

64

SPORTSMAN’S WAREHOUSE HOLDINGS, INC. AND SUBSIDIARIES 

Notes to Consolidated Financial Statements 

Dollars in Thousands, except per share amounts 

(1) Nature of Business Description of Business Sportsman’s Warehouse Holdings, Inc. (“Holdings”), a Delaware corporation, and subsidiaries (collectively, the “Company”) operate retail sporting goods stores. As of February 1, 2025, the Company operated 146 stores in 32 states. The Company also operates an e-commerce platform at www.sportsmans.com. The Company’s stores and website are aggregated into one operating and reportable segment.

(2) Summary of Significant Accounting PoliciesPrinciples of ConsolidationThe consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and include the accounts of its four wholly owned subsidiaries, Sportsman’s Warehouse, Inc. (“Sportsman’s Warehouse”), Pacific Flyway Wholesale, LLC (“Pacific Flyway”), Sportsman’s Warehouse Southwest, Inc., and Minnesota Merchandising Corporation. All intercompany transactions and accounts have been eliminated in consolidation.Fiscal YearThe Company operates using a 52/53-week fiscal year ending on the Saturday closest to January 31. Fiscal year 2024 ended February 1, 202