LEASES (Tables)

12 Months Ended

Aug. 03, 2019

Leases [Abstract]

Schedule of Rent Expense

Rent expense, other operating lease expense and subtenant rentals all under operating leases included within Operating expenses, and subtenant rentals under operating leases with customers included within Net sales, consisted of the following:

(in thousands)	2019			2018			2017
Rent expense(1)	211,807			88,697			81,156
Less subtenant rentals recorded in Net sales	(17,475		)	—			—
Less subtenant rentals recorded in Operating expenses	(13,683		)	(1,649		)	(1,670		)
Total net rent expense	$	180,649		$	87,048		$	79,486

(1) Rent expense as presented here includes $32.2 million, $0.0 million, and $0.0 million in fiscal 2019, 2018 and 2017, respectively, of operating lease rent expense related to stores within discontinued operations, but for which GAAP requires the expense to be included within continuing operations, as we expect to remain primarily obligated under these leases.

Schedule of Future Minimum Lease Payments and Receipts for Operating and Capital Leases

As of August 3, 2019, these lease obligations and lease receipts consisted of the following (in thousands):

	Lease Obligations					Lease Receipts						Net Lease Obligations
Fiscal Year	Operating Leases		Capital Leases			Operating Leases			Capital Leases			Operating Leases		Capital Leases
2020	$	223,612	$	41,550		$	(55,922	)	$	(319	)	$	167,690	$	41,231
2021	190,845		32,804			(41,425		)	—			149,420		32,804
2022	179,326		29,869			(35,998		)	—			143,328		29,869
2023	154,812		26,699			(25,591		)	—			129,221		26,699
2024	135,795		23,095			(18,183		)	—			117,612		23,095
Thereafter	1,063,674		46,999			(59,186		)	—			1,004,488		46,999
Total future minimum obligations (receipts)	$	1,948,064	$	201,016		$	(236,305	)	$	(319	)	$	1,711,759	$	200,697
Less interest			(68,138		)
Present value of capital lease obligations			132,878
Less current capital lease obligations			(24,670		)
Long-term capital lease obligations			$	108,208