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Leases (Tables)
12 Months Ended
Feb. 02, 2025
Leases [Abstract]  
Schedule of Components of Lease Cost
The components of lease costs were as follows (in thousands):
Fiscal Year Ended
202320242025
Fixed operating lease cost$47,533 $48,158 $48,392 
Variable lease cost (1)
8,521 10,840 13,789 
Short-term lease cost (12 months or less)3,787 4,284 4,073 
Finance lease cost:
Amortization of finance lease right-of-use assets3,028 4,400 3,510 
Interest on finance lease liabilities330 406 144 
Total finance lease cost$3,358 $4,806 $3,654 
Total lease cost$63,199 $68,088 $69,908 
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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
20242025
Operating leases:
Weighted-average remaining lease term (in years)5.04.9
Weighted-average discount rate7.1 %7.4 %
Finance leases:
Finance lease right-of-use assets, net (1)
$9,784 $5,555 
Finance lease liabilities, current (2)
$4,204 $387 
Finance lease liabilities, non-current (3)
180 — 
Total finance lease liabilities$4,384 $387 
Weighted-average remaining lease term (in years)2.41.0
Weighted-average discount rate5.4 %3.3 %
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(1) Included in the consolidated balance sheets within property and equipment, net.
(2) Included in the consolidated balance sheets within accrued expenses and other liabilities.
(3) Included in the consolidated balance sheets within other liabilities, non-current.
Schedule of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases is as follows (in thousands):
Fiscal Year Ended
20242025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases$40,704 $51,949 
Financing cash outflows for finance leases$7,292 $5,155 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$23,581 $56,813 
Schedule of Future Lease Payments Under Non-Cancelable Leases
Future lease payments under our non-cancelable leases at the end of fiscal 2025 are as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
2026$55,145 $390 
202736,687 — 
202839,628 — 
202932,173 — 
203028,915 — 
Thereafter24,775 — 
Total future lease payments$217,323 $390 
Less: imputed interest(36,557)(3)
Present value of total lease liabilities$180,766 $387 
Schedule of Future Minimum Gross Lease Payments to the Sales-Type Leases and Operating Lease Components
Future minimum gross lease payments for the leases that commenced during fiscal 2025 allocated to the sales-type leases and operating lease components were as follows (in thousands). The remaining lease payments of $100.0 million allocated to the non-lease components, are excluded from the table below.
Fiscal Years Ending
Sales-Type Leases
Operating Leases
2026$10,510 $5,388 
20278,990 4,749 
202811,434 2,304 
202913,738 — 
203013,738 — 
Thereafter20,985 — 
Total future lease payments to be received
$79,395 $12,441 
Schedule of Future Minimum Gross Lease Payments to the Sales-Type Leases and Operating Lease Components
Future minimum gross lease payments for the leases that commenced during fiscal 2025 allocated to the sales-type leases and operating lease components were as follows (in thousands). The remaining lease payments of $100.0 million allocated to the non-lease components, are excluded from the table below.
Fiscal Years Ending
Sales-Type Leases
Operating Leases
2026$10,510 $5,388 
20278,990 4,749 
202811,434 2,304 
202913,738 — 
203013,738 — 
Thereafter20,985 — 
Total future lease payments to be received
$79,395 $12,441