The following is a partial balance sheet an auditor is examining during the planning [risk identification] phase of an audit of the 2020 Land's End financial statements. Consolidated Balance Sheets- Land's End Dec. 31, Dec 31, USD (S) S in Thousands 2020 2019 Dec 31, 2018 Current assets Cash and cash equivalents $ 77,148 $ 193,405 $194,581 Restricted cash 2,149 1,948 2,356 Accounts receivable, net 50,953 34,549 49,860 Inventories, net 375,670 Prepaid expenses & other current 39,458 36,574 321,905 332,297 26,659 assets. Total current assets 545,378 588,381 606,753 Property and equipment, net 157,665 149,894 136,501 Operating lease right-of-use asset 38,665 Goodwill 110,000 110,000 110,000 Intangible asset, net 257,000 257,000 257,000 Other assets 4,921 5,636 13,881 TOTAL ASSETS 1,113,629 1,110,911 1,123,135