Prepaid Expense and Other Assets (Tables)

9 Months Ended

Oct. 29, 2022

Prepaid Expense and Other Assets

Prepaid Expense and Other Current Assets

Prepaid expense and other current assets consist of the following:

	OCTOBER 29,		JANUARY 29,
	2022		2022
	(in thousands)
Federal and state tax receivable(1)	$	82,310	$	—
Promissory notes receivable, including interest(2)		35,463		8,401
Other current assets		28,094		9,355
Capitalized catalog costs		23,337		22,194
Vendor deposits		23,227		19,610
Prepaid expenses		19,309		31,502
Tenant allowance receivable		8,686		15,355
Value added tax (VAT) receivable		7,831		4,529
Right of return asset for merchandise		5,990		6,429
Acquisition related escrow deposits		—		3,975
Total prepaid expense and other current assets	$	234,247	$	121,350

(1) Refer to Note 12—Income Taxes.

(2) Represents promissory notes, including principal and accrued interest, due from a related party. Refer to Note 5—Variable Interest Entities.

Schedule of Other Non-Current Assets

Other non-current assets consist of the following:

	OCTOBER 29,		JANUARY 29,
	2022		2022
	(in thousands)
Initial direct costs prior to lease commencement	$	41,849	$	57,087
Landlord assets under construction—net of tenant allowances		37,892		204,013
Capitalized cloud computing costs—net(1)		20,927		14,910
Other deposits		6,889		6,877
Deferred financing fees		3,436		4,123
Other non-current assets		16,513		11,139
Total other non-current assets	$	127,506	$	298,149

(1) Presented net of accumulated amortization of $8.8 million and $4.0 million as of October 29, 2022 and January 29, 2022, respectively.