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Leases (Tables)
12 Months Ended
Jan. 30, 2021
Leases [Abstract]  
Summary of Lease Cost The Company’s lease cost is comprised of the following:

 

 

Fiscal Year

 

(in thousands)

 

2020

 

 

2019

 

Operating lease cost

 

$

23,537

 

 

$

25,168

 

Variable operating lease cost

 

 

(2,928

)

 

 

450

 

Total lease cost

 

$

20,609

 

 

$

25,618

 

 

Schedule of Supplemental Cash Flow and Non-cash Information Related to Leases

Supplemental cash flow and non-cash information related to leases is as follows:

 

 

 

Fiscal Year

 

(in thousands)

 

2020

 

 

2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

22,154

 

 

$

26,416

 

Right-of-use assets obtained in exchange for operating lease liabilities

 

 

22,449

 

 

 

20,932

 

Future Minimum Lease Payments under Operating Leases

The future minimum lease payments under operating leases at January 30, 2021 were as follows:

 

 

 

Minimum Lease

 

(in thousands)

 

Payments

 

Fiscal 2021

 

$

28,590

 

Fiscal 2022

 

 

27,592

 

Fiscal 2023

 

 

25,368

 

Fiscal 2024

 

 

23,615

 

Fiscal 2025

 

 

14,515

 

Thereafter

 

 

22,023

 

Total minimum lease payments

 

$

141,703

 

As of January 30, 2021, the future maturity of lease liabilities are as follows:

 

 

 

 

 

January 30,

 

(in thousands)

 

 

 

2021

 

Fiscal 2021

 

 

 

$

28,590

 

Fiscal 2022

 

 

 

 

27,592

 

Fiscal 2023

 

 

 

 

25,368

 

Fiscal 2024

 

 

 

 

23,615

 

Fiscal 2025

 

 

 

 

14,515

 

Thereafter

 

 

 

 

22,023

 

Total lease payments

 

 

 

 

141,703

 

Less: Imputed interest

 

 

 

 

(22,474

)

Total operating lease liabilities

 

 

 

$

119,229