Leases (Tables)

6 Months Ended

Aug. 03, 2025

Leases [Abstract]

Schedule of Components of Lease Cost

The components of lease costs during the periods presented were as follows (in thousands):

	Second Quarter of Fiscal				First Two Quarters of Fiscal
	2025		2026		2025		2026
Fixed operating lease cost	$	11,548	$	13,407	$	22,537	$	26,274
Variable lease cost (1)	3,202		3,749		6,794		5,782
Short-term lease cost (12 months or less)	957		1,177		1,854		2,303
Finance lease cost:
Amortization of finance lease right-of-use assets	1,100		606		2,200		1,137
Interest on finance lease liabilities	62		39		125		50
Total finance lease cost	$	1,162	$	645	$	2,325	$	1,187
Total lease cost	$	16,869	$	18,978	$	33,510	$	35,546

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(1) Variable lease cost predominantly included common area maintenance charges.

Supplemental information related to leases is as follows (in thousands):

	At the End of
	Fiscal 2025			Second Quarter of Fiscal 2026
Operating leases:
Weighted-average remaining lease term (in years)	4.9			5.0
Weighted-average discount rate	7.4		%	6.7		%
Finance leases:
Finance lease right-of-use assets, net (1)	$	5,555		$	6,524
Finance lease liabilities, current (2)	$	387		$	620
Finance lease liabilities, non-current (3)	—			2,258
Total finance lease liabilities	$	387		$	2,878
Weighted-average remaining lease term (in years)	1.0			4.6
Weighted-average discount rate	3.3		%	5.5		%

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(1) Included in the condensed consolidated balance sheets within property and equipment, net.

(2) Included in the condensed consolidated balance sheets within accrued expenses and other liabilities.

(3) Included in the condensed consolidated balance sheets within other liabilities, non-current.

Schedule of Cash Flow, Supplemental Disclosures

Supplemental cash flow information related to leases is as follows (in thousands):

	First Two Quarters of Fiscal
	2025		2026
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases	$	22,916	$	29,384
Financing cash outflows for finance leases	$	3,337	$	1,046
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	28,636	$	65,461
Finance leases	$	—	$	3,059

Schedule of Future Lease Payments Under Non-Cancelable Leases

Future lease payments under our non-cancelable leases at the end of the second quarter of fiscal 2026 are as follows (in thousands):

Fiscal Years Ending	Operating Leases		Finance Leases
Remainder of 2026	$	31,550	$	64
2027	49,456		704
2028	53,433		704
2029	44,878		704
2030	41,642		704
Thereafter	41,801		410
Total future lease payments	262,760		3,290
Less: imputed interest	(40,047)		(412)
Present value of total lease liabilities	$	222,713	$	2,878

Schedule of Sales-Type Leases, Payment to be Received, Maturity

Future minimum gross lease payments for the leases that have commenced allocated to the sales-type leases and operating lease components are as follows (in thousands). The remaining lease payments of $91.9 million allocated to the non-lease components are excluded from the table below.

Fiscal Years Ending	Sales-Type Leases		Operating Lease
Remainder of 2026	$	5,745	$	2,908
2027	8,990		4,749
2028	11,434		2,304
2029	13,738		—
2030	13,738		—
Thereafter	20,985		—
Total future lease payments to be received	$	74,630	$	9,961

Schedule of Lessor, Operating Lease, Payment to be Received, Maturity

Future minimum gross lease payments for the leases that have commenced allocated to the sales-type leases and operating lease components are as follows (in thousands). The remaining lease payments of $91.9 million allocated to the non-lease components are excluded from the table below.

Fiscal Years Ending	Sales-Type Leases		Operating Lease
Remainder of 2026	$	5,745	$	2,908
2027	8,990		4,749
2028	11,434		2,304
2029	13,738		—
2030	13,738		—
Thereafter	20,985		—
Total future lease payments to be received	$	74,630	$	9,961