Restricted Cash |
12 Months Ended | ||||||||||||||||||||||||||||||||||||
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Jan. 29, 2022 | |||||||||||||||||||||||||||||||||||||
| Restricted Cash [Abstract] | |||||||||||||||||||||||||||||||||||||
| Restricted Cash |
Note 5. Restricted Cash
As of January 29, 2022 and January 30, 2021, the Company had restricted cash of $3.6 million and $4.7 million, respectively.
Restricted cash balance at the end of fiscal 2021 consisted of a $3.6 million rabbi trust that resulted from the death of the Company’s former Chairman, of which $1.2
million was classified as restricted cash in current assets and $2.4 million was classified as restricted cash as a long-term asset.
Restricted cash balance at the end of fiscal 2020 consisted of a $4.7 million rabbi trust, which resulted from the death of the Company’s former Chairman, of which $1.2 million was classified as restricted cash in current assets and $3.6
million was classified as restricted cash as a long-term asset.
A summary of cash, cash equivalents and restricted cash is as follows (amounts in thousands):
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