J.Jill (JILL) 10-Q 8 Jun 22 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 30, 2022	May 31, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Trading Symbol	JILL
Entity Registrant Name	J.Jill, Inc.
Entity Central Index Key	0001687932
Current Fiscal Year End Date	--01-28
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	001-38026
Entity Tax Identification Number	45-1459825
Entity Address, Address Line One	4 Batterymarch Park
Entity Address, City or Town	Quincy
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02169
City Area Code	617
Local Phone Number	376-4300
Entity Common Stock, Shares Outstanding		10,105,162
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, $0.01 par value
Security Exchange Name	NYSE
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Current assets:
Cash	$ 40,839	$ 35,957
Accounts receivable	7,596	5,811
Inventories, net	63,216	56,024
Prepaid expenses and other current assets	27,135	25,456
Total current assets	138,786	123,248
Property and equipment, net	53,254	57,329
Intangible assets, net	78,830	80,711
Goodwill	59,697	59,697
Operating lease assets, net	132,899	130,744
Other assets	116	120
Total assets	463,582	451,849
Current liabilities:
Accounts payable	46,535	49,924
Accrued expenses and other current liabilities	49,281	48,853
Current portion of long-term debt	7,671	7,692
Current portion of operating lease liabilities	34,669	32,276
Total current liabilities	138,156	138,745
Long-term debt, net of discount and current portion	196,257	196,511
Long-term debt, net of discount - related party	6,407	5,605
Deferred income taxes	10,704	10,704
Operating lease liabilities, net of current portion	140,757	143,207
Other liabilities	1,619	1,731
Total liabilities	493,900	496,503
Commitments and contingencies (see Note 11)
Shareholders’ Deficit
Common stock, par value $0.01 per share; 50,000,000 shares authorized; 10,099,844 and 10,001,422 shares issued and outstanding at April 30, 2022 and January 29, 2022, respectively	100	100
Additional paid-in capital	209,668	209,747
Accumulated deficit	(240,086)	(254,501)
Total shareholders’ deficit	(30,318)	(44,654)
Total liabilities and shareholders’ deficit	$ 463,582	$ 451,849

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 30, 2022	Jan. 29, 2022
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	10,099,844	10,001,422
Common stock, shares outstanding	10,099,844	10,001,422

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Income Statement [Abstract]
Net sales	$ 157,069	$ 129,086
Costs of goods sold (exclusive of depreciation and amortization)	47,606	41,260
Gross profit	109,463	87,826
Selling, general and administrative expenses	85,578	79,139
Operating income	23,885	8,687
Fair value adjustment of derivative		2,150
Fair value adjustment of warrants - related party		18,646
Interest expense, net	3,658	4,346
Interest expense, net - related party	802	461
Income (loss) before provision for income taxes	19,425	(16,916)
Income tax provision	5,010	1,392
Net income (loss) and total comprehensive income (loss)	$ 14,415	$ (18,308)
Net income (loss) per common share:
Basic	$ 1.04	$ (1.89)
Diluted	$ 1.02	$ (1.89)
Weighted average common shares:
Basic	13,874,546	9,666,353
Diluted	14,171,082	9,666,353

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Shareholders' Deficit - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Beginning balance at Jan. 30, 2021	$ (96,898)	$ 97	$ 129,363	$ (226,358)
Beginning balance, shares at Jan. 30, 2021		9,631,633
Vesting of restricted stock units		$ 1	(1)
Vesting of restricted stock units, shares		111,248
Surrender of shares to pay withholding taxes	(271)		(271)
Surrender of shares to pay withholding taxes, shares		(31,171)
Equity-based compensation	443		443
Net income (loss)	(18,308)			(18,308)
Ending balance at May. 01, 2021	(115,034)	$ 98	129,534	(244,666)
Ending balance, shares at May. 01, 2021		9,711,710
Beginning balance at Jan. 29, 2022	$ (44,654)	$ 100	209,747	(254,501)
Beginning balance, shares at Jan. 29, 2022	10,001,422	10,001,422
Vesting of restricted stock units, shares		146,852
Surrender of shares to pay withholding taxes	$ (821)		(821)
Surrender of shares to pay withholding taxes, shares		(48,430)
Equity-based compensation	742		742
Net income (loss)	14,415			14,415
Ending balance at Apr. 30, 2022	$ (30,318)	$ 100	$ 209,668	$ (240,086)
Ending balance, shares at Apr. 30, 2022	10,099,844	10,099,844

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Statement Of Cash Flows [Abstract]
Net Income (loss)	$ 14,415	$ (18,308)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation and amortization	6,713	7,577
Adjustment for exited retail stores	(243)	(719)
Loss on disposal of fixed assets	92	86
Noncash interest expense, net	1,242	929
Noncash change in fair value of derivative		2,150
Noncash change in fair value of warrants - related party		18,646
Equity-based compensation	742	443
Deferred rent incentives	(115)	(633)
Deferred income taxes		31
Changes in operating assets and liabilities:
Accounts receivable	(1,785)	708
Inventories	(7,192)	(1,263)
Prepaid expenses and other current assets	(1,679)	(1,671)
Accounts payable	(3,560)	(9,042)
Accrued expenses	502	(1,187)
Operating lease assets and liabilities	(1,969)	(1,856)
Other noncurrent assets and liabilities	5	(24)
Net cash provided by (used in) operating activities	7,168	(4,133)
Investing activities:
Purchases of property and equipment	(750)	(476)
Net cash used in investing activities	(750)	(476)
Financing activities:
Borrowings under revolving credit facility		41,288
Repayments of revolving credit facility		(29,390)
Repayments on debt	(715)	(700)
Surrender of shares to pay withholding taxes	(821)	(271)
Net cash (used in) provided by financing activities	(1,536)	10,927
Net change in cash	4,882	6,318
Cash:
Beginning of Period	35,957	4,407
End of Period	$ 40,839	$ 10,725

Description of Business

Description of Business	3 Months Ended
	Apr. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business	1. Description of Business J.Jill, Inc., “J.Jill” or the “Company”, is a premier omnichannel retailer and nationally recognized women’s apparel brand committed to delighting customers with great wear-now product. The brand represents an easy, thoughtful and inspired style that reflects the confidence of remarkable women who live life with joy, passion and purpose. J.Jill offers a guiding customer experience through about 250 stores nationwide and a robust ecommerce platform. J.Jill is headquartered outside Boston.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Apr. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation Our interim condensed consolidated financial statements are unaudited. All significant intercompany balances and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the “SEC”) associated with reporting of interim period financial information. We consistently applied the accounting policies described in our Annual Report on Form 10-K (the “2021 Annual Report”) for the fiscal year ended January 29, 2022 (“Fiscal Year 2021”) in preparing these unaudited interim condensed consolidated financial statements. In the opinion of management, these interim condensed consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the financial position and results of operations of the Company. The consolidated balance sheet as of January 29, 2022 is derived from the audited consolidated balance sheet as of that date. The unaudited results of operations for the thirteen weeks ended April 30, 2022 are not necessarily indicative of future results or results to be expected for the full year ending January 28, 2023 (“Fiscal Year 2022”). You should read these statements in conjunction with our audited consolidated financial statements and related notes in our 2021 Annual Report. Cost of Goods Sold Cost of goods sold (“COGS”) consist of all costs of sold merchandise (net of purchase discounts and vendor allowances). These costs include: • Direct costs of purchased merchandise; • Adjustments to the carrying value of inventory related to realizability and shrinkage; and • Inbound freight to our distribution center. Our COGS and Gross margin may not be comparable to other entities. Some entities, like us, exclude costs related to shipping products to their customers, as well as costs of their distribution network, buying function, store occupancy costs and depreciation and amortization expenses from COGS and include them in Selling, general and administrative expenses, whereas other entities include these costs in their COGS. Selling, General and Administrative Expenses Selling, general and administrative expenses consist of: • Payroll and payroll-related expenses; • Store Occupancy expenses related to stores, distribution center and our headquarters location, including utilities; • Depreciation of property and equipment and amortization of intangibles; • Advertising expenses: print, digital and social media advertising and catalog production and distribution; • Information technology and communication costs; • Freight associated with shipping products to customers; • Insurance costs; and • Consulting and professional fees. Recently Adopted Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740) – Simplifying the Accounting for Income Taxes”. This ASU eliminates certain exceptions to the general approach in ASC Topic 740 and includes methods of simplification to the existing guidance. This standard was adopted by the Company in the first quarter of Fiscal Year 2022. The adoption of this standard had no material impact on the Company’s consolidated financial statements. Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform”, which provides temporary optional guidance to companies impacted by the transition away from the London Interbank Offered Rate (“LIBOR”). The guidance provides certain expedients and exceptions to applying GAAP in order to lessen the potential accounting burden when contracts, hedging relationships, and other transactions that reference LIBOR as a benchmark rate are modified. The guidance is currently effective and may be applied prospectively at any point through December 31, 2022. The Company is assessing what impact this guidance will have on the Company’s condensed consolidated financial statements.

Revenues

Revenues	3 Months Ended
	Apr. 30, 2022
Revenue From Contract With Customer [Abstract]
Revenues	3. Revenues Disaggregation of Revenue Net sales consists primarily of revenues, net of merchandise returns and discounts, generated from the sale of apparel and accessory merchandise through retail stores (“Retail”) and through its website and catalog orders (“Direct”). Net sales also include shipping and handling fees collected from customers and royalty revenues and marketing reimbursements related to our private label credit card agreement. Retail revenue is recognized at the time of sale and Direct revenue is recognized upon shipment of merchandise to the customer. The following table presents disaggregated revenues by source (in thousands): For the Thirteen Weeks Ended April 30, 2022 May 1, 2021 Retail $ 84,212 $ 54,916 Direct 72,857 74,170 Net revenues $ 157,069 $ 129,086 Contract Liabilities The Company recognizes a contract liability when it has received consideration from the customer and has a future obligation to the customer. Total contract liabilities consisted of the following (in thousands): April 30, 2022 January 29, 2022 Contract liabilities: Signing bonus $ 188 $ 224 Unredeemed gift cards 6,084 7,410 Total contract liabilities (1) $ 6,272 $ 7,634 (1) The short-term portion of the signing bonus is included in Accrued expenses and other current liabilities on the Company’s condensed consolidated balance sheets. The long-term portion of the signing bonus is included in Other long-term liabilities on the Company’s condensed consolidated balance sheets. For the thirteen weeks ended April 30, 2022 and May 1, 2021, the Company recognized approximately $ 3.0 million and $ 2.4 million, respectively, of revenue related to gift card redemptions and breakage. Revenue recognized consists of gift cards that were part of the unredeemed gift card balance at the beginning of the period as well as gift cards that were issued and earned during the period. Performance Obligations The Company has a remaining performance obligation of $ 0.2 million for a signing bonus related to the private label credit card agreement that is being amortized to revenue evenly through the third quarter of fiscal year ending January 27, 2024. Unredeemed gift cards also require a performance obligation for revenue to be recognized, but substantially all gift cards are redeemed in the first year of issuance. Practical Expedients and Policy Elections The Company excludes from its revenue all amounts collected from customers for sales taxes that are remitted to taxing authorities. Shipping and handling activities that occur after control of related goods transfers to the customer are accounted for as fulfillment activities rather than assessing these activities as performance obligations. The Company does not disclose remaining performance obligations that have an expected duration of one year or less.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	4. Goodwill and Other Intangible Assets The balance of goodwill was $ 59.7 million at April 30, 2022 and January 29, 2022 . The following table displays a rollforward of the carrying amount of goodwill from February 1, 2021 to April 30, 2022 (in thousands): Goodwill at February 1, 2021 $ 59,697 Impairment losses — Balance, January 29, 2022 59,697 Impairment losses — Balance, April 30, 2022 $ 59,697 The accumulated goodwill impairment losses as of April 30, 2022 are $ 137.3 million. A summary of other intangible assets as of April 30, 2022 and January 29, 2022 is as follows (in thousands): April 30, 2022 Weighted Average Useful Life (Years) Gross Accumulated Amortization Accumulated Impairment Carrying Amount Indefinite-lived: Trade name N/A $ 58,100 $ — $ 24,100 $ 34,000 Definite-lived: Customer relationships 13.2 134,200 86,750 2,620 44,830 Total intangible assets $ 192,300 $ 86,750 $ 26,720 $ 78,830 January 29, 2022 Weighted Average Useful Life (Years) Gross Accumulated Amortization Accumulated Impairment Carrying Amount Indefinite-lived: Trade name N/A $ 58,100 $ — $ 24,100 $ 34,000 Definite-lived: Customer relationships 13.2 134,200 84,869 2,620 46,711 Total intangible assets $ 192,300 $ 84,869 $ 26,720 $ 80,711 Total amortization expense for these amortizable intangible assets was $ 1.9 million and $ 2.1 million for the thirteen weeks ended April 30, 2022 and May 1, 2021, respectively. The estimated amortization expense for each of the next five years and thereafter is as follows (in thousands): Fiscal Year Estimated Amortization Expense 2022 $ 5,642 2023 6,942 2024 5,231 2025 4,693 2026 4,556 Thereafter 17,766 Total $ 44,830 Impairment Tests Goodwill and indefinite-lived intangible assets are not amortized but are reviewed for impairment at least annually at fiscal year-end, or more frequently when events or changes in circumstances indicate that the carrying value may not be recoverable. Definite-lived intangible assets are reviewed for impairment when events or circumstances indicate that the carrying value may not be recoverable. Judgments regarding indicators of potential impairment are based on market conditions and operational performance of the business. For goodwill and other intangible assets, the Company performed the required review for potential impairments and no material impairments were indicated.

Debt

Debt	3 Months Ended
	Apr. 30, 2022
Debt Disclosure [Abstract]
Debt	5. Debt The components of the Company’s outstanding long-term debt at April 30, 2022 and January 29, 2022 were as follows (in thousands): At April 30, 2022 Outstanding Balance Original Issue Discount Capitalized Fees & Expenses Balance Sheet Existing Term Loan due 2022 $ 4,932 $ — $ — $ 4,932 Priming Term Loan due 2024 202,718 ( 1,215 ) ( 2,507 ) 198,996 Subordinated Term Loan due 2024 18,415 — ( 12,008 ) 6,407 Revolver due 2024 — — — — Totals 226,065 ( 1,215 ) ( 14,515 ) 210,335 Less: Current portion ( 7,671 ) — — ( 7,671 ) Net long-term debt $ 218,394 $ ( 1,215 ) $ ( 14,515 ) $ 202,664 At January 29, 2022 Outstanding Balance Original Issue Discount Capitalized Fees & Expenses Balance Sheet Existing Term Loan due 2022 $ 4,963 $ ( 10 ) $ — $ 4,953 Priming Term Loan due 2024 203,403 ( 1,356 ) ( 2,797 ) 199,250 Subordinated Term Loan due 2024 17,829 — ( 12,224 ) 5,605 Revolver due 2024 — — — — — — — Totals 226,195 ( 1,366 ) ( 15,021 ) 209,808 Less: Current portion ( 7,692 ) — — ( 7,692 ) Net long-term debt $ 218,503 $ ( 1,366 ) $ ( 15,021 ) $ 202,116 Existing Term Loan The Company is party to a term loan credit agreement, dated as of May 8, 2015, by and among Jill Holdings, Inc. (as successor to Jill Holdings LLC), Jill Acquisition LLC, a wholly owned subsidiary of us, and the various lenders party thereto, as amended on May 27, 2016 (the “Term Loan”). O n September 30, 2020, in accordance with the Transaction Support Agreement (“TSA”), the Company entered into an Amendment to the Term Loan (the “Amendment”). The maturity date of the Amended Existing Term Loan Agreement remained May 8, 2022 . As of April 30, 2022 and January 29, 2022, the Company was in compliance with all financial covenants in effect. On May 8, 2022 the Existing Term Loan was re-paid in full. Priming Term Loan The Company is party to a senior secured priming term loan facility, dated September 30, 2020 (the “Priming Loan” and, the lenders thereunder, the “Priming Lenders”).The maturity date of the Priming Credit Agreement is May 8, 2024 , and the loans under the Priming Credit Agreement bear interest at the Company’s election at: (1) Base Rate (as defined in the Priming Credit Agreement) plus 4.00 % or (2) LIBOR plus 5.00 %, with a minimum LIBOR per annum of 1.00 %, with the interest payable on a quarterly basis. The Priming Credit Agreement offered the option to make a principal paydown of at least $ 25.0 million by August 30, 2021; otherwise, there would be a paid-in-kind (“PIK”) interest rate increase and a PIK fee. On August 27, 2021, the Company made the principal paydown of $ 25.0 million to avoid additional PIK and interest fees. In accordance with the Priming Credit Agreement, on May 31, 2021, the Company had the choice (the “May 31, 2021 Option”) to either (i) repay a stated principal amount of the loans under the Priming Credit Agreement, together with accrued and unpaid interest thereon or (ii) issue additional shares of Common Stock to the Priming Lenders in an amount as defined in the Agreement. On May 31, 2021, and within the terms of the Priming Loan, the Company chose to issue 272,097 additional shares of Common Stock to the Priming Lenders with a value of approximately $ 5.2 million (based on the value of those shares as of close on that date). The May 31, 2021 Option was considered an embedded derivative within the Priming Loan that was required to be adjusted to fair value each period while it was outstanding, with the adjustment being recorded in income. For the thirteen weeks ended May 1, 2021, this fair value adjustment resulted in a charge of $ 2.1 million being recorded within Fair value adjustment of derivative in the condensed consolidated statements of operations and comprehensive income. The Company’s obligations under the Priming Credit Agreement are secured by substantially all of the real and personal property of the Company and certain of its subsidiaries, subject to certain customary exceptions. The Priming Credit Agreement includes customary negative covenants, including covenants limiting the ability of the Company to, among other things, incur additional indebtedness, create liens on assets, make investments, loans or advances, engage in mergers, consolidations, sales of assets and purchases, pay dividends and distributions, enter into transactions with affiliates, and make payments in respect of junior indebtedness. The Priming Credit Agreement also has certain financial covenants, including (1) a minimum liquidity covenant that generally requires minimum liquidity on a weekly basis of $ 15.0 million, (2) a first lien net leverage ratio that requires compliance beginning in the fourth quarter of Fiscal Year 2021 with a net leverage ratio of 5 :1, which reduces over time, and (3) limits on capital expenditures of $ 20.0 million annually. As of April 30, 2022 and January 29, 2022 , the Company was in compliance with all covenants. Subordinated Term Loan On September 30, 2020, in accordance with the TSA, the Company entered into a subordinated facility, with the Subordinated Lenders (as defined below), that provides for a secured term loan facility in an aggregate principal amount equal to $ 15.0 million with an additional incremental capacity subject to certain customary conditions (the “Subordinated Facility”). The Subordinated Lenders are a group of related parties that includes certain affiliates of TowerBrook and our Chairman of the board of directors. The maturity date of the Subordinated Facility is November 8, 2024 . Loans under the Subordinated Facility bear interest at the Borrower’s election at (1) Base Rate (as defined in the Subordinated Facility) plus 11.00 % or (2) LIBOR plus 12.00 %, with a minimum LIBOR per annum of 1.00 %. The Subordinated Facility is secured by substantially all of the real and personal property of the Company. The Subordinated Facility includes customary negative covenants for subordinated term loan agreements of this type, including covenants limiting the ability of the Company to, among other things, incur additional indebtedness, create liens on assets, make investments, loans or advances, engage in mergers, consolidations, sales of assets and purchases, pay dividends and distributions, enter into transactions with affiliates, and make payments in respect of junior indebtedness. The Subordinated Facility also has certain financial covenants, including (1) a minimum liquidity covenant that generally requires minimum liquidity on a weekly basis of $ 12.75 million, (2) a first lien net leverage ratio that requires compliance beginning in the fourth quarter of Fiscal Year 2021 with a net leverage ratio of 5.75 :1, which reduces over time, and (3) limits on capital spending of $ 23.0 million annually. The difference between the carrying value of the subordinated facility debt and the principal amount was accreted over the term of the debt using the effective interest method. On May 31, 2021, in accordance with the Subordinated Facility, the Company issued penny warrants to the Subordinated Lenders . See Note 8 for additional information regarding the warrants. Asset-Based Revolving Credit Agreement The Company is party to a secured $ 40.0 million asset-based revolving credit facility agreement (the “ABL Facility”). On April 15, 2022, the Company entered into an Amendment No. 5 to its ABL Credit Agreement (the “ABL Amendment”), by and among the Company, Jill Acquisition LLC, J.Jill Gift Card Solutions, Inc., Jill Intermediate LLC, the other guarantors party thereto from time to time, the other lenders party thereto from time to time and CIT Finance LLC, as the administrative agent and collateral agent. The ABL Amendment (i) extended the maturity date of the ABL Facility from May 8, 2023 to May 8, 2024, provided that if by November 4, 2023, the Priming Loan maturity date has not been appropriately extended to a date that is at least November 4, 2024, then the ABL Facility maturity date shall automatically be deemed to be November 4, 2023, and (ii) changed the benchmark interest rate applicable to the loans under the ABL Facility from LIBOR to the forward-looking secured overnight financing rate. The Company had no short-term borrowings under the Company’s ABL Facility as of April 30, 2022 and January 29, 2022. The Company’s available borrowing capacity under the ABL Facility as of April 30, 2022 and January 29, 2022 was $ 35.5 million and $ 22.6 million, respectively. At April 30, 2022 and January 29, 2022 , there were outstanding letters of credit of $ 4.5 million, which reduced the availability under the ABL Facility. As of April 30, 2022 , the maximum commitment for letters of credit was $ 10.0 million.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	6. Fair Value Measurements Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value require the Company to maximize the use of observable inputs and minimize the use of unobservable inputs. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Financial assets and liabilities carried at fair value are to be classified and disclosed in one of the following three levels of the fair value hierarchy, of which the first two are considered observable and the last is considered unobservable: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Observable inputs, other than Level 1 prices, such as quoted prices for similar assets or liabilities in active markets; quoted prices for similar assets or liabilities in markets that are not active; or other inputs other than quoted prices that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities, including interest rates and yield curves, and market corroborated inputs. • Level 3 - Unobservable inputs for the assets or liabilities that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. These are valued based on management’s estimates and assumptions that market participants would use in pricing the asset or liabilities. The following table presents the carrying value and fair value hierarchy for debt as of April 30, 2022 and January 29, 2022, respectively (in thousands): Fair Value as of April 30, 2022 Carrying Value Level 1 Level 2 Level 3 Financial instruments not carried at fair value: Total debt $ 210,335 $ — $ 205,304 $ — Total financial instruments not carried at fair value $ 210,335 $ — $ 205,304 $ — Fair Value as of January 29, 2022 Carrying Value Level 1 Level 2 Level 3 Financial instruments not carried at fair value: Total debt $ 209,808 $ — $ 203,485 $ — Total financial instruments not carried at fair value $ 209,808 $ — $ 203,485 $ — The Company determines the fair value of its financial assets and liabilities using the following methodologies: • Warrants - The fair value is determined based on a pricing model that uses share prices from actively quoted stock markets that are readily accessible and observable. • Derivative Liability - The fair value is determined using an option pricing model with a Monte Carlo simulation. Key assumptions include the Company’s stock price, 90.6 % volatility, 0.01 % risk-free rate and 0.0 % dividend yield. • Debt - These debt instruments include the Term Loan, Priming Loan and Subordinated Facility. The debt instruments are recorded at cost, net of debt issuance costs and any related discount. The fair value of the debt instruments is obtained based on observable market prices quoted on public exchanges for similar instruments. The methodology used by the Company to determine the fair value of its financial assets and liabilities at April 30, 2022, is the same as that used at January 29, 2022. Effective May 31, 2021, the warrants and derivative liabilities were transferred to equity and are no longer measured at fair value on a recurring basis. The Company believes that the carrying amounts of its other financial instruments, including cash, accounts receivable, accounts payable and any amounts drawn on its revolving credit facilities, consisting primarily of instruments without extended maturities, based on management’s estimates, approximates their fair value due to the short-term maturities of these instruments. Assets and Liabilities with Recurring Fair Value Measurements - Certain assets and liabilities may be measured at fair value on an ongoing basis. We did not elect to apply the fair value option for recording financial assets and financial liabilities. Other than total debt, we do not have any assets or liabilities which we measure at fair value on a recurring basis. Assets and Liabilities with Nonrecurring Fair Value Measurements - Certain assets and liabilities are not measured at fair value on an ongoing basis. These assets and liabilities, which include long-lived assets, goodwill, intangible assets, and debt are subject to fair value adjustment in certain circumstances. From time to time, the fair value is determined on these assets and liabilities as part of related impairment tests or for disclosure purposes. See Note 4, Goodwill and Other Intangible Assets , for additional information.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	7. Income Taxes The Company recorded an income tax provision of $ 5.0 million for the thirteen weeks ended April 30, 2022 and an income tax provision of $ 1.4 million during the thirteen weeks ended May 1, 2021. The effective tax rate was 25.8 % for the thirteen weeks ended April 30, 2022, and ( 8.2 %) for the thirteen weeks ended May 1, 2021. The effective tax rate for the thirteen weeks ended April 30, 2022 differs from the federal statutory rate of 21 % primarily due to the impact of state and local income taxes and partial release of its valuation allowance on state deferred tax assets. The effective tax rate for the thirteen weeks ended May 1, 2021 differs from the federal statutory rate of 21 % primarily due to the nondeductible fair value adjustment of the warrants and the Priming Loan embedded derivative, the impact of executive compensation limitations and the impact of state and local income taxes.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	3 Months Ended
	Apr. 30, 2022
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	8. Net Income (Loss) Per Share The following table summarizes the computation of basic and diluted net income (loss) per common share (“EPS”) (in thousands, except share and per share data): For the Thirteen Weeks Ended April 30, 2022 May 1, 2021 Numerator Net income (loss) attributable to common shareholders $ 14,415 $ ( 18,308 ) Denominator Weighted average number of common shares outstanding 10,065,969 9,666,353 Assumed exercise of warrants 3,808,577 — Weighted average common shares, basic 13,874,546 9,666,353 Dilutive effect of stock options and restricted shares 296,536 — Weighted average common shares, diluted 14,171,082 9,666,353 Net income (loss) per common share, basic $ 1.04 $ ( 1.89 ) Net income (loss) per common share, diluted $ 1.02 $ ( 1.89 ) Equity compensation awards are excluded from the diluted earnings per share calculation when their inclusion would have an antidilutive effect such as when the Company has a net loss for the reporting period, or if the assumed proceeds per share of the award is in excess of the related fiscal period’s average price of the Company’s common stock. Accordingly, 162,406 and 130,812 shares for the thirteen weeks ended April 30, 2022 and May 1, 2021, respectively, were excluded from the diluted earnings per share calculation because their inclusion would be antidilutive. Also, the warrants were excluded from the calculation of earnings per share for the thirteen weeks ended May 1, 2021 because the effect of including them would have been antidilutive. Additionally, the shares issued to the priming lenders under the May 31, 2021 option and related share exercise ratio impact on penny warrants due to the antidilution provisions, were also excluded from the calculation of earnings per share for the thirteen weeks ended May 1, 2021 because the effect of including them would have been antidilutive. Effective May 31, 2021 the warrants issued to the Subordinated Facility holders have been included in the denominator for basic and diluted EPS calculations as the exercise of the warrants is near certain because the exercise price is non substantive in relation to the fair value of the common shares to be issued upon exercise.

Equity-Based Compensation

Equity-Based Compensation	3 Months Ended
	Apr. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity-Based Compensation	9. Equity-Based Compensation Equity-based compensation expense was $ 0.7 million and $ 0.4 million for the thirteen weeks ended April 30, 2022 and May 1, 2021 , respectively.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Apr. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	10. Related Party Transactions On September 30, 2020, the Company entered into the Subordinated Facility, with a group of lenders that includes certain affiliates of TowerBrook and our Chairman of the board of directors. In accordance with the Subordinated Facility, the Company issued penny warrants to the Subordinated Lenders. For the thirteen weeks ended April 30, 2022 the Company incurred $ 0.8 million of Interest expense, net – related party associated with the Subordinated Facility in the condensed consolidated statements of operations and comprehensive income. For the thirteen weeks ended May 1, 2021, the Company incurred $ 0.5 million and $ 18.6 million , respectively, of Interest expense, net – related party and Fair value adjustment of warrants – related party. For both the thirteen weeks ended April 30, 2022 and May 1, 2021 the Company incurred an immaterial amount of other related party transactions.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 30, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Legal Proceedings The Company is subject to various legal proceedings that arise in the ordinary course of business. Although the outcome of such proceedings cannot be predicted with certainty, management does not believe that the Company is presently party to any legal proceedings the resolution of which management believes would have a material adverse effect on the Company’s business, financial condition, operating results or cash flows. The Company establishes reserves for specific legal matters when the Company determines that the likelihood of an unfavorable outcome is probable, and the loss is reasonably estimable.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Our interim condensed consolidated financial statements are unaudited. All significant intercompany balances and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the “SEC”) associated with reporting of interim period financial information. We consistently applied the accounting policies described in our Annual Report on Form 10-K (the “2021 Annual Report”) for the fiscal year ended January 29, 2022 (“Fiscal Year 2021”) in preparing these unaudited interim condensed consolidated financial statements. In the opinion of management, these interim condensed consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the financial position and results of operations of the Company. The consolidated balance sheet as of January 29, 2022 is derived from the audited consolidated balance sheet as of that date. The unaudited results of operations for the thirteen weeks ended April 30, 2022 are not necessarily indicative of future results or results to be expected for the full year ending January 28, 2023 (“Fiscal Year 2022”). You should read these statements in conjunction with our audited consolidated financial statements and related notes in our 2021 Annual Report.
Cost of Goods Sold	Cost of Goods Sold Cost of goods sold (“COGS”) consist of all costs of sold merchandise (net of purchase discounts and vendor allowances). These costs include: • Direct costs of purchased merchandise; • Adjustments to the carrying value of inventory related to realizability and shrinkage; and • Inbound freight to our distribution center. Our COGS and Gross margin may not be comparable to other entities. Some entities, like us, exclude costs related to shipping products to their customers, as well as costs of their distribution network, buying function, store occupancy costs and depreciation and amortization expenses from COGS and include them in Selling, general and administrative expenses, whereas other entities include these costs in their COGS.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses Selling, general and administrative expenses consist of: • Payroll and payroll-related expenses; • Store Occupancy expenses related to stores, distribution center and our headquarters location, including utilities; • Depreciation of property and equipment and amortization of intangibles; • Advertising expenses: print, digital and social media advertising and catalog production and distribution; • Information technology and communication costs; • Freight associated with shipping products to customers; • Insurance costs; and Consulting and professional fees.
Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740) – Simplifying the Accounting for Income Taxes”. This ASU eliminates certain exceptions to the general approach in ASC Topic 740 and includes methods of simplification to the existing guidance. This standard was adopted by the Company in the first quarter of Fiscal Year 2022. The adoption of this standard had no material impact on the Company’s consolidated financial statements. Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform”, which provides temporary optional guidance to companies impacted by the transition away from the London Interbank Offered Rate (“LIBOR”). The guidance provides certain expedients and exceptions to applying GAAP in order to lessen the potential accounting burden when contracts, hedging relationships, and other transactions that reference LIBOR as a benchmark rate are modified. The guidance is currently effective and may be applied prospectively at any point through December 31, 2022. The Company is assessing what impact this guidance will have on the Company’s condensed consolidated financial statements.

Revenues (Tables)

Revenues (Tables)	3 Months Ended
	Apr. 30, 2022
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregated Revenues by Source	The following table presents disaggregated revenues by source (in thousands): For the Thirteen Weeks Ended April 30, 2022 May 1, 2021 Retail $ 84,212 $ 54,916 Direct 72,857 74,170 Net revenues $ 157,069 $ 129,086
Schedule of Contract Liabilities	Total contract liabilities consisted of the following (in thousands): April 30, 2022 January 29, 2022 Contract liabilities: Signing bonus $ 188 $ 224 Unredeemed gift cards 6,084 7,410 Total contract liabilities (1) $ 6,272 $ 7,634 (1) The short-term portion of the signing bonus is included in Accrued expenses and other current liabilities on the Company’s condensed consolidated balance sheets. The long-term portion of the signing bonus is included in Other long-term liabilities on the Company’s condensed consolidated balance sheets.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Roll-Forward of Carrying Amount of Goodwill	The following table displays a rollforward of the carrying amount of goodwill from February 1, 2021 to April 30, 2022 (in thousands): Goodwill at February 1, 2021 $ 59,697 Impairment losses — Balance, January 29, 2022 59,697 Impairment losses — Balance, April 30, 2022 $ 59,697
Schedule of Gross Carrying Amount of Finite-lived Intangible Assets Amortization Expense	A summary of other intangible assets as of April 30, 2022 and January 29, 2022 is as follows (in thousands): April 30, 2022 Weighted Average Useful Life (Years) Gross Accumulated Amortization Accumulated Impairment Carrying Amount Indefinite-lived: Trade name N/A $ 58,100 $ — $ 24,100 $ 34,000 Definite-lived: Customer relationships 13.2 134,200 86,750 2,620 44,830 Total intangible assets $ 192,300 $ 86,750 $ 26,720 $ 78,830 January 29, 2022 Weighted Average Useful Life (Years) Gross Accumulated Amortization Accumulated Impairment Carrying Amount Indefinite-lived: Trade name N/A $ 58,100 $ — $ 24,100 $ 34,000 Definite-lived: Customer relationships 13.2 134,200 84,869 2,620 46,711 Total intangible assets $ 192,300 $ 84,869 $ 26,720 $ 80,711
Summary of Estimated Amortization Expense	The estimated amortization expense for each of the next five years and thereafter is as follows (in thousands): Fiscal Year Estimated Amortization Expense 2022 $ 5,642 2023 6,942 2024 5,231 2025 4,693 2026 4,556 Thereafter 17,766 Total $ 44,830

Debt (Tables)

Debt (Tables)	3 Months Ended
	Apr. 30, 2022
Debt Disclosure [Abstract]
Components of Outstanding Long-term Debt	The components of the Company’s outstanding long-term debt at April 30, 2022 and January 29, 2022 were as follows (in thousands): At April 30, 2022 Outstanding Balance Original Issue Discount Capitalized Fees & Expenses Balance Sheet Existing Term Loan due 2022 $ 4,932 $ — $ — $ 4,932 Priming Term Loan due 2024 202,718 ( 1,215 ) ( 2,507 ) 198,996 Subordinated Term Loan due 2024 18,415 — ( 12,008 ) 6,407 Revolver due 2024 — — — — Totals 226,065 ( 1,215 ) ( 14,515 ) 210,335 Less: Current portion ( 7,671 ) — — ( 7,671 ) Net long-term debt $ 218,394 $ ( 1,215 ) $ ( 14,515 ) $ 202,664 At January 29, 2022 Outstanding Balance Original Issue Discount Capitalized Fees & Expenses Balance Sheet Existing Term Loan due 2022 $ 4,963 $ ( 10 ) $ — $ 4,953 Priming Term Loan due 2024 203,403 ( 1,356 ) ( 2,797 ) 199,250 Subordinated Term Loan due 2024 17,829 — ( 12,224 ) 5,605 Revolver due 2024 — — — — — — — Totals 226,195 ( 1,366 ) ( 15,021 ) 209,808 Less: Current portion ( 7,692 ) — — ( 7,692 ) Net long-term debt $ 218,503 $ ( 1,366 ) $ ( 15,021 ) $ 202,116

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the carrying value and fair value hierarchy for debt as of April 30, 2022 and January 29, 2022, respectively (in thousands): Fair Value as of April 30, 2022 Carrying Value Level 1 Level 2 Level 3 Financial instruments not carried at fair value: Total debt $ 210,335 $ — $ 205,304 $ — Total financial instruments not carried at fair value $ 210,335 $ — $ 205,304 $ — Fair Value as of January 29, 2022 Carrying Value Level 1 Level 2 Level 3 Financial instruments not carried at fair value: Total debt $ 209,808 $ — $ 203,485 $ — Total financial instruments not carried at fair value $ 209,808 $ — $ 203,485 $ —

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	3 Months Ended
	Apr. 30, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income (Loss) Per Common Share	The following table summarizes the computation of basic and diluted net income (loss) per common share (“EPS”) (in thousands, except share and per share data): For the Thirteen Weeks Ended April 30, 2022 May 1, 2021 Numerator Net income (loss) attributable to common shareholders $ 14,415 $ ( 18,308 ) Denominator Weighted average number of common shares outstanding 10,065,969 9,666,353 Assumed exercise of warrants 3,808,577 — Weighted average common shares, basic 13,874,546 9,666,353 Dilutive effect of stock options and restricted shares 296,536 — Weighted average common shares, diluted 14,171,082 9,666,353 Net income (loss) per common share, basic $ 1.04 $ ( 1.89 ) Net income (loss) per common share, diluted $ 1.02 $ ( 1.89 )

Description of Business - Addit

Description of Business - Additional Information (Detail)	Apr. 30, 2022Store
Minimum [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of stores	250

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	Apr. 30, 2022	Jan. 29, 2022
Schedule Of Significant Accounting Policies [Line Items]
Cash	$ 40,839,000	$ 35,957,000
ABL Facility [Member]
Schedule Of Significant Accounting Policies [Line Items]
Total availability related to the facility	$ 40,000,000

Revenues - Schedule of Disaggre

Revenues - Schedule of Disaggregated Revenues by Source (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Disaggregation Of Revenue [Line Items]
Net revenues	$ 157,069	$ 129,086
Retail [Member]
Disaggregation Of Revenue [Line Items]
Net revenues	84,212	54,916
Direct [Member]
Disaggregation Of Revenue [Line Items]
Net revenues	$ 72,857	$ 74,170

Revenues - Schedule of Contract

Revenues - Schedule of Contract Liabilities (Detail) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Contract liabilities:
Signing bonus	$ 188	$ 224
Unredeemed gift cards	6,084	7,410
Total contract liabilities	$ 6,272	$ 7,634

Revenues - Additional Informati

Revenues - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Revenue From Contract With Customer [Abstract]
Revenue recognized related to gift card redemptions and breakage	$ 3	$ 2.4
Signing bonus	$ 0.2

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($)	3 Months Ended		12 Months Ended
	Apr. 30, 2022	May 01, 2021	Jan. 29, 2022
Goodwill	$ 59,697,000		$ 59,697,000
Impairment of goodwill	0		$ 0
Goodwill, impaired, accumulated impairment loss	137,300,000
Amortization expense for intangible assets	$ 1,900,000	$ 2,100,000

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Schedule of Rollforward of Carrying Amount of Goodwill (Details) - USD ($)	3 Months Ended	12 Months Ended
	Apr. 30, 2022	Jan. 29, 2022
Income Statement [Abstract]
Goodwill, Beginning Balance	$ 59,697,000	$ 59,697,000
Impairment losses	0	0
Goodwill, Ending Balance	$ 59,697,000	$ 59,697,000

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Summary of Other Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 30, 2022	Jan. 29, 2022
Definite-lived Intangible Assets, Accumulated Amortization	$ 86,750	$ 84,869
Definite-lived Intangible Assets, Accumulated Impairment	26,720	26,720
Definite-lived Intangible Assets, Carrying Amount	78,830	80,711
Total Intangible Assets, Gross	192,300	192,300
Trade Name [Member]
Indefinite-lived, Gross	58,100	58,100
Indefinite-lived, Accumulated Impairment	24,100	24,100
Indefinite-lived, Accumulated Impairment	$ 34,000	$ 34,000
Customer Relationships [Member]
Useful Life	13 years 2 months 12 days	13 years 2 months 12 days
Definite-lived Intangible Assets, Gross	$ 134,200	$ 134,200
Definite-lived Intangible Assets, Accumulated Amortization	86,750	84,869
Definite-lived Intangible Assets, Accumulated Impairment	2,620	2,620
Definite-lived Intangible Assets, Carrying Amount	$ 44,830	$ 46,711

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Summary of Estimated Amortization Expense (Detail) $ in Thousands	Apr. 30, 2022USD ($)
Fiscal Year
2022	$ 5,642
2023	6,942
2024	5,231
2025	4,693
2026	4,556
Thereafter	17,766
Total	$ 44,830

Debt - Components of Outstandin

Debt - Components of Outstanding Long-term Debt (Detail) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Debt Instrument [Line Items]
Outstanding Balance	$ 226,065	$ 226,195
Original Issue Discount	(1,215)	(1,366)
Capitalized Fees & Expenses	(14,515)	(15,021)
Balance Sheet	210,335	209,808
Outstanding Balance, Current portion	(7,671)	(7,692)
Balance Sheet, Current portion	(7,671)	(7,692)
Outstanding Balance, Net long-term debt	218,394	218,503
Capitalized Fees & Expenses, Net long-term debt	(14,515)	(15,021)
Balance Sheet, Net long-term debt	202,664	202,116
Existing Term Loan due 2022 [Member]
Debt Instrument [Line Items]
Outstanding Balance	4,932	4,963
Original Issue Discount		(10)
Balance Sheet	4,932	4,953
Subordinated Term Loan Due 2024 [Member]
Debt Instrument [Line Items]
Outstanding Balance	18,415	17,829
Capitalized Fees & Expenses	(12,008)	(12,224)
Balance Sheet	6,407	5,605
Secured Debt [Member] | Priming Term Loan Due 2024 [Member]
Debt Instrument [Line Items]
Outstanding Balance	202,718	203,403
Original Issue Discount	(1,215)	(1,356)
Capitalized Fees & Expenses	(2,507)	(2,797)
Balance Sheet	$ 198,996	$ 199,250

Debt - Existing Term Loan (Deta

Debt - Existing Term Loan (Detail)	3 Months Ended
	Apr. 30, 2022
Debt Instrument [Line Items]
Debt instrument, periodic payment maturity date	May 8, 2022

Debt - Priming Term Loan (Detai

Debt - Priming Term Loan (Detail) $ in Millions	Aug. 30, 2021USD ($)	Aug. 27, 2021USD ($)	May 31, 2021USD ($)shares	Apr. 30, 2022USD ($)	May 01, 2021USD ($)
Debt Instrument [Line Items]
Debt instrument, periodic payment maturity date				May 8, 2022
Limits on capital spending				$ 23
Priming Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument, periodic payment maturity date				May 8, 2024
Debt instrument, minimum LIBOR				1.00%
Debt instrument, interest rate description				the loans under the Priming Credit Agreement bear interest at the Company’s election at: (1) Base Rate (as defined in the Priming Credit Agreement) plus 4.00% or (2) LIBOR plus 5.00%, with a minimum LIBOR per annum of 1.00%, with the interest payable on a quarterly basis.
Debt instrument, periodic payment, principal	$ 25
Debt Instrument repayment, Description				On May 31, 2021, and within the terms of the Priming Loan, the Company chose to issue 272,097 additional shares of Common Stock to the Priming Lenders with a value of approximately $5.2 million (based on the value of those shares as of close on that date).
Common shares issued to lenders | shares			272,097
Issuance of shares value			$ 5.2
Debt instrument, financial covenant, description				The Priming Credit Agreement also has certain financial covenants, including (1) a minimum liquidity covenant that generally requires minimum liquidity on a weekly basis of $15.0 million, (2) a first lien net leverage ratio that requires compliance beginning in the fourth quarter of Fiscal Year 2021 with a net leverage ratio of 5:1, which reduces over time, and (3) limits on capital expenditures of $20.0 million annually. As of April 30, 2022 and January 29, 2022, the Company was in compliance with all covenants.
Minimum liquidity covenant amount	$ 15
Net leverage ratio	5
Limits on capital spending	$ 20
Priming Term Loan Credit Agreement [Member] | Principal Paydown [Member]
Debt Instrument [Line Items]
Debt instrument, periodic payment, principal		$ 25
Priming Term Loan Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, additional basis spread rate				4.00%
Debt instrument, basis spread rate				5.00%
Priming Term Loan Credit Agreement [Member] | Other Expense [Member]
Debt Instrument [Line Items]
Debt instrument fair value adjustment					$ 2.1

Debt - Subordinated Term Loan (

Debt - Subordinated Term Loan (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Sep. 30, 2020
Debt Instrument [Line Items]
Debt instrument, periodic payment maturity date	May 8, 2022
Limits on capital spending	$ 23,000
Subordinated Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, periodic payment maturity date	Nov. 8, 2024
Debt instrument, interest rate description	Loans under the Subordinated Facility bear interest at the Borrower’s election at (1) Base Rate (as defined in the Subordinated Facility) plus 11.00% or (2) LIBOR plus 12.00%, with a minimum LIBOR per annum of 1.00%.
Debt instrument, additional basis spread rate	11.00%
Debt instrument, financial covenant, description	The Subordinated Facility also has certain financial covenants, including (1) a minimum liquidity covenant that generally requires minimum liquidity on a weekly basis of $12.75 million, (2) a first lien net leverage ratio that requires compliance beginning in the fourth quarter of Fiscal Year 2021 with a net leverage ratio of 5.75:1, which reduces over time, and (3) limits on capital spending of $23.0 million annually. The difference between the carrying value of the subordinated facility debt and the principal amount was accreted over the term of the debt using the effective interest method.
Minimum liquidity covenant amount	$ 12,750
Net leverage ratio	5.75
Principal amount of term loan		$ 15,000
Subordinated Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread rate	12.00%
Debt instrument, minimum LIBOR	1.00%

Debt - Asset-Based Revolving Cr

Debt - Asset-Based Revolving Credit Agreement (Detail) - USD ($)	Apr. 30, 2022	Jan. 29, 2022
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	$ 10,000,000
Letter of Credit [Member]
Debt Instrument [Line Items]
Credit Facility drawn or outstanding	4,500,000	$ 4,500,000
ABL Facility [Member]
Debt Instrument [Line Items]
Total availability related to the facility	40,000,000
Credit Facility drawn or outstanding	0	0
Credit Facility available borrowing capacity	$ 35,500,000	$ 22,600,000

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Carrying Value [Member]
Financial instruments not carried at fair value:
Total financial instruments not carried at fair value	$ 210,335	$ 209,808
Carrying Value [Member] | Debt [Member]
Financial instruments not carried at fair value:
Total financial instruments not carried at fair value	210,335	209,808
Level 2 [Member]
Financial instruments not carried at fair value:
Total financial instruments not carried at fair value	205,304	203,485
Level 2 [Member] | Debt [Member]
Financial instruments not carried at fair value:
Total financial instruments not carried at fair value	$ 205,304	$ 203,485

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	3 Months Ended
	Apr. 30, 2022
Volatility [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value assumptions expected rate	90.60%
Risk-free Rate [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value assumptions expected rate	0.01%
Dividend Yield [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value assumptions expected rate	0.00%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Income Tax Disclosure [Abstract]
Income tax provision	$ 5,010	$ 1,392
U.S. Federal corporate income tax rate	21.00%	21.00%
Effective tax rate	25.80%	(8.20%)

Net Income (Loss) Per Share - C

Net Income (Loss) Per Share - Computation of Basic and Diluted Net Income (Loss) Per Share Attributable to Common Shareholders (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Numerator
Net income (loss) attributable to common shareholders	$ 14,415	$ (18,308)
Denominator
Weighted average number of common shares outstanding	10,065,969	9,666,353
Assumed exercise of warrants	3,808,577
Weighted average common shares, basic	13,874,546	9,666,353
Dilutive effect of stock options and restricted shares	296,536
Weighted average common shares, diluted	14,171,082	9,666,353
Net income (loss) per common share, basic	$ 1.04	$ (1.89)
Net income (loss) per common share, diluted	$ 1.02	$ (1.89)

Net Income (Loss) Per Share - A

Net Income (Loss) Per Share - Additional Information (Detail) - shares	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Antidilutive equity awards excluded from the computation of diluted earnings per share	162,406	130,812

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity based compensation expense	$ 0.7	$ 0.4

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Related Party Transaction [Line Items]
Interest expense, net - related party	$ 802	$ 461
Fair value adjustment of warrants - related party		18,646
TowerBrook Capital Partners L.P [Member]
Related Party Transaction [Line Items]
Interest expense, net - related party	$ 800	500
Fair value adjustment of warrants - related party		$ 18,600