Leases (Tables)

6 Months Ended

Aug. 02, 2020

Leases [Abstract]

Expense Components Leases Reflected Consolidated Statement of Operations

	Consolidated Statement	Three Months Ended				Six Months Ended
	of Operations	August 2, 2020		August 4, 2019		August 2, 2020		August 4, 2019
(in thousands)
Finance lease expenses
Amortization of right-of-use ‎assets	Selling, general and ‎administrative expenses	$	908	$	451	$	1,565	$	626
Interest on lease liabilities	Interest expense		435		309		873		434
Total finance lease expense		$	1,343	$	760	$	2,438	$	1,060
Operating lease expense	Selling, general and ‎administrative expenses	$	4,495	$	3,609	$	8,631	$	7,159
Amortization of build-to-suit ‎leases capital contribution	Selling, general and ‎administrative expenses		3,624		265		3,948		479
Variable lease expense	Selling, general and ‎administrative expenses		2,277		2,040		4,038		3,652
Total lease expense		$	11,739	$	6,674	$	19,055	$	12,350

Other Information Related to Leases

	Six Months Ended		Six Months Ended
	August 2, 2020		August 4, 2019
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Financing cash flows from finance leases	$	793	$	273
Operating cash flows from finance leases	$	873	$	434
Operating cash flows from operating leases	$	7,607	$	6,384
Right-of-use assets obtained in exchange for lease liabilities:
Finance leases	$	—	$	26,559
Operating leases	$	358	$	5,939
Weighted-average remaining lease term (in years):
Finance leases		14		15
Operating leases		10		10
Weighted-average discount rate:
Finance leases		4.5%		4.5%
Operating leases		4.3%		4.3%

Future Minimum Lease Payments Under Non-Cancellable Leases

Fiscal year	Finance		Operating
(in thousands)
2020 (remainder of fiscal year)	$	1,670	$	7,501
2021		3,368		14,881
2022		3,340		15,092
2023		3,362		15,283
2024		3,542		14,206
Thereafter		37,519		70,828
Total future minimum lease payments	$	52,801	$	137,791
Less – Discount		14,203		25,874
Lease liability	$	38,598	$	111,917