Company: SPWH
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0000950170-25-048890
Chunk: 456

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 4
Chunk 456
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April 2, 2025

60

SPORTSMAN’S WAREHOUSE HOLDINGS, INC. AND SUBSIDIARIES 

CONSOLIDATED BALANCE SHEETS 

Amounts in Thousands

    February 1,

    February 3,

    2025

    2024

    Assets

    Current assets:

    Cash and cash equivalents
     
    $
    2,832

    $
    3,141

    Accounts receivable, net

    2,410

    2,119

    Merchandise inventories

    341,958

    354,710

    Prepaid expenses and other

    18,802

    20,078

    Total current assets

    366,002

    380,048

    Operating lease right of use asset

    316,499

    309,377

    Property and equipment, net

    167,838

    194,452

    Goodwill

    1,496

    1,496

    Deferred tax asset

    —

    505

    Definite lived intangibles, net

    267

    327

    Total assets
     
    $
    852,102

    $
    886,205

    Liabilities and Stockholders' Equity

    Current liabilities:

    Accounts payable
     
    $
    64,041

    $
    56,122

    Accrued expenses

    95,946

    83,665

    Income taxes payable

    194

    126

    Operating lease liability, current

    49,128

    48,693

    Revolving line of credit

    74,654

    126,043

    Total current liabilities

    283,963

    314,649

    Long-term liabilities:

    Deferred income taxes

    946

    —

    Term loan, net

    24,067

    —

    Operating lease liability, noncurrent

    307,422

    307,000

    Total long-term liabilities

    332,435

    307,000

    Total liabilities

    616,398

    621,649

    Stockholders' equity:

    Preferred stock, $.01 par value; 20,000 shares authorized; 0 shares issued and outstanding

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