Leases (Tables)

3 Months Ended

May 03, 2025

Leases

Schedule of lease expense

	Thirteen Weeks Ended
	May 3, 2025		May 4, 2024
Operating lease cost	$	15,167	$	15,391
Variable lease cost		2,610		2,622
Short term lease cost		576		712
Total lease cost	$	18,353	$	18,725

Schedule of future minimum rent payments under operating leases

Future minimum lease payments as of May 3, 2025 are as follows (in thousands):

Fiscal Year	Lease Costs
2025	$	50,428
2026		53,975
2027		42,461
2028		33,635
2029		24,936
Thereafter		91,553
Total future minimum lease payments		296,988
Less: imputed interest		(76,599)	(1)
Total present value of lease liabilities	$	220,389	(2)

(1) Calculated using the incremental borrowing rate for each lease.

(2) Includes short-term and long-term portions of operating lease liabilities.

Schedule of supplemental cash flow and other information

Supplemental cash flows and other information related to operating leases are as follows (in thousands, except for weighted average amounts):

	Thirteen Weeks Ended
	May 3, 2025		May 4, 2024
Cash paid for operating leases	$	15,182	$	15,302
Right of use assets obtained in exchange for new operating lease liabilities	$	16,528	$	7,651
Weighted average remaining lease term (years) - operating leases		7.14		7.47
Weighted average discount rate - operating leases		5.78%		5.18%