Barter Arrangements |
9 Months Ended |
|---|---|
Oct. 30, 2022 | |
| Barter Arrangements [Abstract] | |
| BARTER ARRANGEMENTS | BARTER ARRANGEMENTS The Company has a bartering arrangement with a third-party vendor, whereby the Company will provide inventory in exchange for media credits. The Company exchanged $1.4 million and $5.3 million of inventory for certain media credits during the thirteen and thirty-nine weeks ending October 30, 2022. The Company exchanged $0.6 million of inventory for certain media credits during the thirteen and thirty-nine weeks ending October 31, 2021.
The contribution to the Company's gross profit from its bartering arrangement was $2.9 million and $11.1 million during the thirteen and thirty-nine weeks ending October 30, 2022. The contribution to the Company's gross profit from its bartering arrangement was $0.5 million during the thirteen and thirty-nine weeks ending October 31, 2021.
The Company had $17.6 million and $3.4 million of unused media credits remaining as of October 30, 2022 and January 30, 2022, respectively, which is included in “Prepaid and other current assets” on the accompanying condensed balance sheet.
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