PREPAID EXPENSE AND OTHER ASSETS (Tables)

12 Months Ended

Feb. 01, 2025

PREPAID EXPENSE AND OTHER ASSETS

Schedule of prepaid expense and other current assets

	FEBRUARY 1,		FEBRUARY 3,
	2025		2024
	(in thousands)
Capitalized catalog costs	$	30,162	$	27,856
Prepaid expenses		29,595		42,089
Federal and state tax receivable(1)		24,729		20,441
Vendor deposits		20,441		26,409
Tenant allowance receivable		12,668		8,220
Value added tax (VAT) receivable		9,866		6,532
Right of return asset for merchandise		6,237		5,011
Promissory notes receivable, including interest(2)		3,674		3,292
Other current assets		40,471		29,180
Total prepaid expense and other current assets	$	177,843	$	169,030

(1) Includes $19 million as of both periods related to a federal tax receivable from a carryback claim.

(2) Represents promissory notes, including principal and accrued interest, due from an affiliate of the managing member of the Aspen LLCs. Refer to Note 7—Variable Interest Entities.

Schedule of other non-current assets

	FEBRUARY 1,		FEBRUARY 3,
	2025		2024
	(in thousands)
Landlord assets under construction—net of tenant allowances	$	138,701	$	118,897
Initial direct costs prior to lease commencement		80,897		66,333
Capitalized cloud computing costs—net		22,738		22,646
Other deposits		7,754		7,913
Vendor deposits—non-current		2,684		8,862
Deferred financing fees		1,512		2,520
Other non-current assets		17,100		13,551
Total other non-current assets	$	271,386	$	240,722