2023 Q1 Form 10-K Financial Statement

#000095017023010910 Filed on March 30, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2023 2022
Revenue $147.7M $615.3M $585.2M
YoY Change 1.72% 5.14% 37.14%
Cost Of Revenue $52.56M $193.2M $190.8M
YoY Change 0.25% 1.28% 5.34%
Gross Profit $95.09M $422.1M $394.4M
YoY Change 2.55% 7.0% 60.58%
Gross Profit Margin 64.4% 68.6% 67.4%
Selling, General & Admin $87.28M $341.9M $335.7M
YoY Change 2.44% 1.84% -2.25%
% of Gross Profit 91.79% 81.01% 85.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.308M $25.75M $29.26M
YoY Change -11.97% -11.98% 19.42%
% of Gross Profit 6.63% 6.1% 7.42%
Operating Expenses $87.28M $341.9M $335.7M
YoY Change 2.44% 1.84% -2.25%
Operating Profit $7.811M $80.15M $58.72M
YoY Change 3.84% 36.49% -135.78%
Interest Expense -$5.684M -$20.06M -$78.85M
YoY Change 30.4% -74.56% 236.94%
% of Operating Profit -72.77% -25.03% -134.27%
Other Income/Expense, Net
YoY Change
Pretax Income $2.122M $58.67M -$20.13M
YoY Change -32.91% -391.55% -89.27%
Income Tax $1.086M $16.50M $8.018M
% Of Pretax Income 51.18% 28.12%
Net Earnings $1.036M $42.18M -$28.14M
YoY Change -71.02% -249.86% -79.81%
Net Earnings / Revenue 0.7% 6.85% -4.81%
Basic Earnings Per Share $3.03 -$2.26
Diluted Earnings Per Share $0.07 $2.95 -$2.814M
COMMON SHARES
Basic Shares Outstanding 10.50M 13.94M 12.43M
Diluted Shares Outstanding 14.29M 12.43M

Balance Sheet

Concept 2023 Q1 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.05M $87.05M $35.96M
YoY Change 142.1% 142.1% 717.2%
Cash & Equivalents $87.05M
Short-Term Investments
Other Short-Term Assets $16.14M $16.14M $15.11M
YoY Change 3004.42% 6.81% 0.76%
Inventory $50.59M $50.59M $56.02M
Prepaid Expenses
Receivables $7.039M $7.039M $5.811M
Other Receivables $0.00 $0.00 $10.34M
Total Short-Term Assets $160.8M $160.8M $123.2M
YoY Change 30.48% 30.48% 8.78%
LONG-TERM ASSETS
Property, Plant & Equipment $172.6M $172.6M $188.1M
YoY Change 201.1% -8.22% -19.97%
Goodwill $59.70M
YoY Change 0.0%
Intangibles $73.19M
YoY Change -9.32%
Long-Term Investments
YoY Change
Other Assets $97.00K $97.00K $120.0K
YoY Change -19.17% -19.17% -40.0%
Total Long-Term Assets $305.6M $305.6M $328.6M
YoY Change -7.0% -7.0% -14.4%
TOTAL ASSETS
Total Short-Term Assets $160.8M $160.8M $123.2M
Total Long-Term Assets $305.6M $305.6M $328.6M
Total Assets $466.4M $466.4M $451.8M
YoY Change 3.22% 3.22% -9.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.31M $39.31M $49.92M
YoY Change -21.27% -21.27% -11.33%
Accrued Expenses $84.26M $84.26M $61.80M
YoY Change 3.86% 36.35% 4.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $3.424M $3.424M $7.692M
YoY Change -55.49% -55.49% 174.71%
Total Short-Term Liabilities $127.0M $127.0M $138.7M
YoY Change -8.47% -8.47% -8.72%
LONG-TERM LIABILITIES
Long-Term Debt $205.2M $205.2M $202.1M
YoY Change 1.54% 1.54% -11.62%
Other Long-Term Liabilities $124.4M $124.4M $144.9M
YoY Change 7083.94% -14.2% -27.35%
Total Long-Term Liabilities $329.6M $329.6M $347.1M
YoY Change 61.68% -5.03% -18.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $127.0M $127.0M $138.7M
Total Long-Term Liabilities $329.6M $329.6M $347.1M
Total Liabilities $466.6M $466.6M $496.5M
YoY Change -6.02% -6.02% -16.43%
SHAREHOLDERS EQUITY
Retained Earnings -$212.3M
YoY Change -16.57%
Common Stock $212.1M
YoY Change 1.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$219.0K -$219.0K -$44.65M
YoY Change
Total Liabilities & Shareholders Equity $466.4M $466.4M $451.8M
YoY Change 3.22% 3.22% -9.12%

Cashflow Statement

Concept 2023 Q1 2023 2022
OPERATING ACTIVITIES
Net Income $1.036M $42.18M -$28.14M
YoY Change -71.02% -249.86% -79.81%
Depreciation, Depletion And Amortization $6.308M $25.75M $29.26M
YoY Change -11.97% -11.98% 19.42%
Cash From Operating Activities $7.705M $74.43M $75.00M
YoY Change -64.29% -0.77% -315.45%
INVESTING ACTIVITIES
Capital Expenditures $9.894M $9.189M $5.474M
YoY Change -431.35% 67.87% 43.86%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$9.894M -$15.07M -$5.474M
YoY Change 231.35% 175.25% 43.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -838.0K -8.262M -37.98M
YoY Change 690.57% -78.24% -276.66%
NET CHANGE
Cash From Operating Activities 7.705M 74.43M 75.00M
Cash From Investing Activities -9.894M -15.07M -5.474M
Cash From Financing Activities -838.0K -8.262M -37.98M
Net Change In Cash -3.027M 51.10M 31.55M
YoY Change -116.38% 61.95% -284.29%
FREE CASH FLOW
Cash From Operating Activities $7.705M $74.43M $75.00M
Capital Expenditures $9.894M $9.189M $5.474M
Free Cash Flow -$2.189M $65.24M $69.53M
YoY Change -108.91% -6.17% -280.04%

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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
3505000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
2610000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2160000
CY2023 jill Deferred Rent Incentives
DeferredRentIncentives
-558000
CY2022 jill Deferred Rent Incentives
DeferredRentIncentives
-1040000
CY2021 jill Deferred Rent Incentives
DeferredRentIncentives
-183000
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-645000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3131000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-17199000
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1228000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1982000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
385000
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5439000
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2010000
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-14565000
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-9313000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-17579000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
21618000
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-10626000
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6222000
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
13439000
CY2023 jill Increase Decrease In Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
631000
CY2022 jill Increase Decrease In Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
5008000
CY2021 jill Increase Decrease In Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
2223000
CY2023 jill Increase Decrease In Operating Lease Assets And Liabilities
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities
6726000
CY2022 jill Increase Decrease In Operating Lease Assets And Liabilities
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities
8777000
CY2021 jill Increase Decrease In Operating Lease Assets And Liabilities
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities
-2991000
CY2023 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-93000
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-208000
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
307000
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
74425000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
74999000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-34811000
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9189000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2197000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1579000
CY2023 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
5878000
CY2022 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
3277000
CY2021 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
2226000
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15067000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5474000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3805000
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
62226000
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
59155000
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
73372000
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
48009000
CY2021 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
14560000
CY2021 jill Lender Fees For Priming Loans
LenderFeesForPrimingLoans
1235000
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
7017000
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
26414000
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
2799000
CY2023 jill Payment For Surrender Of Shares To Pay Wthholding Taxes
PaymentForSurrenderOfSharesToPayWthholdingTaxes
1245000
CY2022 jill Payment For Surrender Of Shares To Pay Wthholding Taxes
PaymentForSurrenderOfSharesToPayWthholdingTaxes
415000
CY2021 jill Payment For Surrender Of Shares To Pay Wthholding Taxes
PaymentForSurrenderOfSharesToPayWthholdingTaxes
176000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8262000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-37975000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21496000
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
51096000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31550000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17120000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
35957000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4407000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
21527000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
87053000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
35957000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4407000
CY2022 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
17930000
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1789
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
386000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
83000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
157000
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">1. General</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">J.Jill </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">is a national lifestyle brand that provides apparel, footwear and accessories designed to help its customers move through a full life with ease. The brand represents an easy, thoughtful, and inspired style that celebrates the totality of all women and designs its products with its core brand ethos in mind: keep it simple and make it matter. J.Jill offers a high touch customer experience through over </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">200</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> stores nationwide and a robust ecommerce platform. J.Jill is headquartered outside Boston.</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">J.Jill, Inc. is a holding company, and Jill Acquisition LLC, its wholly-owned subsidiary, is the operating company for the business assets.</span></p>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Financial Statement Presentation</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Certain reclassifications have been made to prior periods to conform with the current period presentation. On the consolidated statement of cash flows, the Company reclassified amounts for capitalized software purchases for Fiscal Years 2021 and 2020 from purchases of property and equipment to a separate financial statement line item within investing activities to conform to the current fiscal year presentation of capitalized software purchases.</span></p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of the consolidated financial statements in accordance with GAAP requires management to make estimates and judgments that affect reported amounts of assets, liabilities, shareholders’ equity, net sales and expenses, and the disclosure of contingent assets and liabilities. Significant estimates relied upon in preparing these consolidated financial statements include, but are not limited to, revenue recognition, including accounting for outstanding gift cards that will ultimately not be redeemed (“gift card breakage”) and estimated merchandise returns; estimating the value of inventory; impairment assessments for goodwill and other indefinite-lived intangible assets, and long-lived assets; and estimating equity-based compensation expense. Actual results could differ from those estimates, and such differences could be material.</span></p>
CY2023 us-gaap Interest Paid Net
InterestPaidNet
11722000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
14012000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
14207000
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19686000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9275000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20000
CY2023 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
10257000
CY2022 jill Settlement Of Debt In Exchange For Shares
SettlementOfDebtInExchangeForShares
5211000
CY2021 jill Exchange Of Priming Loans For Term Loans
ExchangeOfPrimingLoansForTermLoans
228623000
CY2021 jill Warrants Issued For Subordinated Facility
WarrantsIssuedForSubordinatedFacility
11782000
CY2021 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
3388000
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2023 jill Number Of Customers With More Than Ten Percent Of Revenues
NumberOfCustomersWithMoreThanTenPercentOfRevenues
0
CY2023Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000
CY2023Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2100000
CY2022Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1800000
CY2023Q1 us-gaap Prepaid Advertising
PrepaidAdvertising
2000000.0
CY2022Q1 us-gaap Prepaid Advertising
PrepaidAdvertising
2000000.0
CY2023 jill Employee Benefit Plan Description Of Elective Contributions
EmployeeBenefitPlanDescriptionOfElectiveContributions
The Company contributes up to 50% of the first 6% of the gross salary of the employee, which vests over a five-year period.
CY2023 jill Employee Benefit Plan Contributions Vesting Period
EmployeeBenefitPlanContributionsVestingPeriod
P5Y
CY2023 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1200000
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
800000
CY2023 jill Number Of Potential Dilutive Securities Outstanding
NumberOfPotentialDilutiveSecuritiesOutstanding
300000
CY2022 jill Number Of Potential Dilutive Securities Outstanding
NumberOfPotentialDilutiveSecuritiesOutstanding
0
CY2021 jill Number Of Potential Dilutive Securities Outstanding
NumberOfPotentialDilutiveSecuritiesOutstanding
0
CY2021Q3 jill Adj To Cost Of Goods Sold
AdjToCostOfGoodsSold
1500000
CY2021Q3 jill Adj To Cost Of Goods Sold After Tax
AdjToCostOfGoodsSoldAfterTax
1100000
CY2023 jill Credit Card Arrangement Extension Description
CreditCardArrangementExtensionDescription
The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2024, and will automatically renew thereafter for successive two year terms, unless either party provides a notice of intention to terminate.
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1100000
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Concentration of Credit Risks</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Financial instruments that potentially subject the Company to concentrations of credit risk principally consist of cash held in financial institutions and accounts receivable. The Company considers the credit risk associated with these financial instruments to be minimal. Cash is held by financial institutions with high credit ratings and the Company has not historically sustained any credit losses associated with its cash balances. The Company evaluates the credit risk associated with accounts receivable to determine if an allowance for doubtful accounts is necessary. As of January 28, 2023 and January 29, 2022</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">, the Company determined that </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">no</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> allowance for estimated credit losses was necessary.</span></p>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
615268000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
585206000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
426730000
CY2023Q1 jill Contract With Customer Liability Signing Bonus
ContractWithCustomerLiabilitySigningBonus
82000
CY2022Q1 jill Contract With Customer Liability Signing Bonus
ContractWithCustomerLiabilitySigningBonus
224000
CY2023Q1 jill Contract With Customer Liability Unredeemed Gift Cards
ContractWithCustomerLiabilityUnredeemedGiftCards
7131000
CY2022Q1 jill Contract With Customer Liability Unredeemed Gift Cards
ContractWithCustomerLiabilityUnredeemedGiftCards
7410000
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7213000
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7634000
CY2023 jill Contract With Customer Liability Revenue Recognized Including Gift Card Redemptions And Breakage
ContractWithCustomerLiabilityRevenueRecognizedIncludingGiftCardRedemptionsAndBreakage
10500000
CY2022 jill Contract With Customer Liability Revenue Recognized Including Gift Card Redemptions And Breakage
ContractWithCustomerLiabilityRevenueRecognizedIncludingGiftCardRedemptionsAndBreakage
10600000
CY2021 jill Contract With Customer Liability Revenue Recognized Including Gift Card Redemptions And Breakage
ContractWithCustomerLiabilityRevenueRecognizedIncludingGiftCardRedemptionsAndBreakage
8900000
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
100000
CY2023Q1 us-gaap Prepaid Rent
PrepaidRent
1997000
CY2022Q1 us-gaap Prepaid Rent
PrepaidRent
2662000
CY2023Q1 us-gaap Prepaid Advertising
PrepaidAdvertising
1977000
CY2022Q1 us-gaap Prepaid Advertising
PrepaidAdvertising
1988000
CY2023Q1 us-gaap Supplies
Supplies
2044000
CY2022Q1 us-gaap Supplies
Supplies
1117000
CY2023Q1 jill Prepaid Software Project Costs
PrepaidSoftwareProjectCosts
1315000
CY2023Q1 jill Returns Reserve Asset
ReturnsReserveAsset
2503000
CY2022Q1 jill Returns Reserve Asset
ReturnsReserveAsset
4175000
CY2023Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
361000
CY2022Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
10342000
CY2023Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
5399000
CY2022Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
4652000
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
547000
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
520000
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16143000
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
25456000
CY2022Q1 us-gaap Goodwill
Goodwill
59700000
CY2023Q1 us-gaap Goodwill
Goodwill
59700000
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
17900000
CY2023Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
137300000
CY2023Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
192300000
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
92392000
CY2023Q1 jill Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
26720000
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
73188000
CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
192300000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
84869000
CY2022Q1 jill Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
26720000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
80711000
CY2023 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2020Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
17900000
CY2020Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7500000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8300000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9200000
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6942000
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5231000
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4693000
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4556000
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4418000
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
13348000
CY2023Q1 jill Finite Lived Intangible Asset Amortization Expense
FiniteLivedIntangibleAssetAmortizationExpense
39188000
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
207625000
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
206447000
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
164267000
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
152456000
CY2023Q1 jill Property Plant And Equipment Excluding Construction In Progress
PropertyPlantAndEquipmentExcludingConstructionInProgress
43358000
CY2022Q1 jill Property Plant And Equipment Excluding Construction In Progress
PropertyPlantAndEquipmentExcludingConstructionInProgress
53991000
CY2023Q1 jill Construction In Progress
ConstructionInProgress
10139000
CY2022Q1 jill Construction In Progress
ConstructionInProgress
3338000
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
53497000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57329000
CY2023Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
46700000
CY2022Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
42600000
CY2023Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
38400000
CY2022Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
32700000
CY2023 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
8600000
CY2022 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
4100000
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
16378000
CY2022Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
14458000
CY2023Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
6702000
CY2022Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
11003000
CY2023Q1 jill Accrued Liabilities For Gift Cards Redeemable
AccruedLiabilitiesForGiftCardsRedeemable
7131000
CY2022Q1 jill Accrued Liabilities For Gift Cards Redeemable
AccruedLiabilitiesForGiftCardsRedeemable
7410000
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2150000
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1463000
CY2023Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
2532000
CY2022Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
2475000
CY2023Q1 jill Accrued Occupancy Current
AccruedOccupancyCurrent
1115000
CY2022Q1 jill Accrued Occupancy Current
AccruedOccupancyCurrent
530000
CY2023Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
1258000
CY2022Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
2066000
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12464000
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9448000
CY2023Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
49730000
CY2022Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
48853000
CY2020Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
12822000
CY2021 jill Accrued Returns Reserve Charged To Expenses
AccruedReturnsReserveChargedToExpenses
81588000
CY2021 jill Accrued Returns Reserve Deductions
AccruedReturnsReserveDeductions
83734000
CY2021Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
10676000
CY2021Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
10676000
CY2022 jill Accrued Returns Reserve Charged To Expenses
AccruedReturnsReserveChargedToExpenses
113671000
CY2022 jill Accrued Returns Reserve Deductions
AccruedReturnsReserveDeductions
113344000
CY2022Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
11003000
CY2022Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
11003000
CY2023 jill Accrued Returns Reserve Charged To Expenses
AccruedReturnsReserveChargedToExpenses
123812000
CY2023 jill Accrued Returns Reserve Deductions
AccruedReturnsReserveDeductions
128113000
CY2023Q1 jill Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
6702000
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
221897000
CY2023Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
786000
CY2023Q1 jill Long Term Debt Capitalized Fees And Expenses
LongTermDebtCapitalizedFeesAndExpenses
12451000
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
208660000
CY2023Q1 jill Long Term Debt Gross Current
LongTermDebtGrossCurrent
3424000
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
3424000
CY2023Q1 jill Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
218473000
CY2023Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
786000
CY2023Q1 jill Debt Instrument Capitalized Fee And Expenses
DebtInstrumentCapitalizedFeeAndExpenses
12451000
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
205236000
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
226195000
CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1366000
CY2022Q1 jill Long Term Debt Capitalized Fees And Expenses
LongTermDebtCapitalizedFeesAndExpenses
15021000
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
209808000
CY2022Q1 jill Long Term Debt Gross Current
LongTermDebtGrossCurrent
7692000
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
7692000
CY2022Q1 jill Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
218503000
CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1366000
CY2022Q1 jill Debt Instrument Capitalized Fee And Expenses
DebtInstrumentCapitalizedFeeAndExpenses
15021000
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
202116000
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
17700000
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
15700000
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
15500000
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3100000
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2500000
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2300000
CY2020Q3 jill Debt Instrument Applied Modification Accounting Percentage Of Lenders
DebtInstrumentAppliedModificationAccountingPercentageOfLenders
0.979
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2500000
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
55000
CY2023 jill Debt Instrument Periodic Payment Maturity Date
DebtInstrumentPeriodicPaymentMaturityDate
2022-05-08
CY2023Q1 jill Letter Of Credit Facility Maximum Borrowing Capacity
LetterOfCreditFacilityMaximumBorrowingCapacity
10000000.0
CY2023Q1 jill Long Term Debt Maturities Repayments Of Principal In Next Twelve Months Before Unamortized Discount Premium And Debt Issuance Costs
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsBeforeUnamortizedDiscountPremiumAndDebtIssuanceCosts
3424000
CY2023Q1 jill Long Term Debt Maturities Repayments Of Principal In Year Two Before Unamortized Discount Premium And Debt Issuance Costs
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoBeforeUnamortizedDiscountPremiumAndDebtIssuanceCosts
212925000
CY2023Q1 jill Long Term Debt Maturities Repayment Of Principal
LongTermDebtMaturitiesRepaymentOfPrincipal
216349000
CY2021Q3 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
25000000.0
CY2023 us-gaap Proceeds From Operating Activities
ProceedsFromOperatingActivities
25000000.0
CY2023 us-gaap Other Commitments Description
OtherCommitmentsDescription
The Company enters into other cancelable and noncancelable commitments. Typically, these commitments are for less than one year in duration and are principally for the procurement of inventory. Preliminary commitments with the Company’s merchandise vendors are made approximately six months in advance of the planned receipt date.
CY2023 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Some retail leases include one or more options to renew, with renewal terms that can extend the lease term from one to fifteen years. The Company’s distribution center has renewal terms that can extend the lease term up to twenty years.
CY2023 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2023Q1 jill Operating Lease Incentive Liability Current And Noncurrent
OperatingLeaseIncentiveLiabilityCurrentAndNoncurrent
500000
CY2022Q1 jill Operating Lease Incentive Liability Current And Noncurrent
OperatingLeaseIncentiveLiabilityCurrentAndNoncurrent
1000000.0
CY2023 us-gaap Lease Cost
LeaseCost
41719000
CY2022 us-gaap Lease Cost
LeaseCost
41892000
CY2021 us-gaap Lease Cost
LeaseCost
45164000
CY2023 jill Common Area Maintenance Expense
CommonAreaMaintenanceExpense
13100000
CY2022 jill Common Area Maintenance Expense
CommonAreaMaintenanceExpense
14600000
CY2021 jill Common Area Maintenance Expense
CommonAreaMaintenanceExpense
14200000
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
41500000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
49600000
CY2023 jill Schedule Of Lease Terms And Discount Rate
ScheduleOfLeaseTermsAndDiscountRate
<p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The weighted average remaining lease term and weighted average discount rate for our operating leases are as follows:</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:2.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p> <table style="border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;"> <tr style="visibility:collapse;"> <td style="width:80.184%;"/> <td style="width:1.469%;"/> <td style="width:1.0%;"/> <td style="width:16.347%;"/> <td style="width:1.0%;"/> </tr> <tr style="height:8.0pt;"> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid rgba(0,0,0,1);"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Lease Term and Discount Rate</span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid rgba(0,0,0,1);"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td colspan="2" style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">January 28, 2023</span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid rgba(255,255,255,0.01);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="white-space:pre-wrap;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Weighted-average remaining lease term (in years)</span></p></td> <td style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td colspan="2" style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:right;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:right;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(255,255,255,1);text-indent:10.0pt;word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="margin-left:10.0pt;text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Operating leases</span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:nowrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:right;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">5.3</span></span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:nowrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Weighted-average discount rate</span></p></td> <td style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td colspan="2" style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:right;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td style="background-color:rgba(204,238,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:right;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(255,255,255,1);text-indent:10.0pt;word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="margin-left:10.0pt;text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Operating leases</span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:nowrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:right;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">6.6</span></p></td> <td style="background-color:rgba(255,255,255,1);word-break:break-word;white-space:nowrap;vertical-align:top;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">%</span></p></td> </tr> </table>
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M18D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
40177000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
39914000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
32090000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
27879000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
17527000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
31020000
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