Commitments, Contingency and Related Parties (Tables)

9 Months Ended

Oct. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of lease terms and rates

The Company’s lease terms and rates are as follows:

	October 31, 2021
Weighted average remaining lease term (in years)
Operating Leases	7.1
Weighted average discount rate
Operating Leases	3.85	%

Schedule of location and amount of operating lease costs within condensed consolidated balance sheets

The following table discloses the location and amount of our operating lease costs within our condensed consolidated balance sheets:

(amounts in thousands)	Balance sheet location	October 31, 2021
Assets
Operating leases	Operating lease right-of-use assets (non-current)	$	95,567
Liabilities
Current:
Operating leases	Current operating lease liabilities	15,722
Noncurrent:
Operating leases	Operating lease liability, long term	90,658
Total lease liabilities		$	106,380

Schedule to reconcile undiscounted future minimum lease payments

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed consolidated balance sheet as of October 31, 2021 in thousands:

(amounts in thousands)
Remainder 2022	$	3,382
2023	19,264
2024	18,590
2025	17,440
2026	15,801
Thereafter	48,408
Total undiscounted future minimum lease payments	122,885
Less: imputed interest	(16,505)
Total present value of lease obligations	106,380
Less: current operating lease liability	(15,722)
Operating lease liability- long term	$	90,658

Schedule of supplemental cash flow information and non-cash activity related to operating leases

Supplemental Cash Flow information and non-cash activity related to our operating leases is as follows (in thousands):

(amounts in thousands)	For the thirty-nine weeks ended October 31, 2021
Operating cash flow information:
Amounts paid on operating lease liabilities	$	10,396
Non-cash activities
Right-of-use assets obtained in exchange for lease obligations	$	106,415