PREPAID EXPENSE AND OTHER ASSETS (Tables)

6 Months Ended

Aug. 03, 2024

PREPAID EXPENSE AND OTHER ASSETS

Schedule of prepaid expense and other current assets

Prepaid expense and other current assets consist of the following:

	AUGUST 3,		FEBRUARY 3,
	2024		2024
	(in thousands)
Vendor deposits	$	28,196	$	26,409
Prepaid expenses		27,318		42,089
Capitalized catalog costs		25,866		27,856
Federal and state tax receivable		18,075		20,441
Value added tax (VAT) receivable		7,748		6,532
Tenant allowance receivable		7,701		8,220
Right of return asset for merchandise		5,750		5,011
Promissory notes receivable, including interest(1)		3,261		3,292
Other current assets		33,060		29,180
Total prepaid expense and other current assets	$	156,975	$	169,030

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

Schedule of other non-current assets

Other non-current assets consist of the following:

	AUGUST 3,		FEBRUARY 3,
	2024		2024
	(in thousands)
Landlord assets under construction—net of tenant allowances	$	160,690	$	118,897
Initial direct costs prior to lease commencement		72,705		66,333
Capitalized cloud computing costs—net(1)		24,693		22,646
Other deposits		7,502		7,913
Vendor deposits—non-current		5,388		8,862
Deferred financing fees		2,016		2,520
Other non-current assets		13,746		13,551
Total other non-current assets	$	286,740	$	240,722

(1) Presented net of accumulated amortization of $24 million and $19 million as of August 3, 2024 and February 3, 2024, respectively.