Prepaid Expense and Other Assets (Tables)

3 Months Ended

Apr. 29, 2023

Prepaid Expense and Other Assets

Prepaid Expense and Other Current Assets

Prepaid expense and other current assets consist of the following:

	APRIL 29,		JANUARY 28,
	2023		2023
	(in thousands)
Prepaid expenses	$	27,893	$	24,352
Capitalized catalog costs		23,124		26,522
Vendor deposits		19,700		21,201
Federal and state tax receivable		13,203		12,322
Value added tax (VAT) receivable		6,264		7,465
Tenant allowance receivable		4,765		8,336
Right of return asset for merchandise		4,674		4,983
Promissory notes receivable, including interest(1)		4,533		2,991
Interest income receivable		2,737		4,878
Other current assets		22,190		26,247
Total prepaid expense and other current assets	$	129,083	$	139,297

(1) Represents promissory notes, including principal and accrued interest, due from an affiliate of the managing member of the Aspen LLCs (refer to Note 5—Variable Interest Entities).

Schedule of Other Non-Current Assets

Other non-current assets consist of the following:

	APRIL 29,		JANUARY 28,
	2023		2023
	(in thousands)
Landlord assets under construction—net of tenant allowances	$	61,069	$	45,511
Initial direct costs prior to lease commencement		59,202		51,249
Capitalized cloud computing costs—net(1)		22,365		21,529
Vendor deposits—non-current		12,038		10,593
Other deposits		7,659		7,143
Deferred financing fees		3,276		3,528
Other non-current assets		10,065		9,654
Total other non-current assets	$	175,674	$	149,207

(1) Presented net of accumulated amortization of $12 million and $11 million as of April 29, 2023 and January 28, 2023, respectively.