Commitments, Contingencies and Related Parties (Tables)

12 Months Ended

Jan. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of financial statement information

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

	January 30, 2022
Weighted average remaining lease term (in years)
Operating Leases	6.29
Weighted average discount rate	3.44	%
Operating Leases

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

(amounts in thousands)	Balance sheet location	January 30, 2022
Assets
Operating leases	Operating lease right-of-use assets (non-current)	$	100,891
Liabilities
Current:
Operating leases	Current operating lease liabilities	$	16,382
Noncurrent:
Operating leases	Operating lease liability, long term	$	96,574
Total lease liabilities		$	112,956

Schedule of expected future annual minimum rental 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 consolidated balance sheet as of January 30, 2022 in thousands:

(amounts in thousands)
2023	$	20,493
2024	20,020
2025	18,756
2026	16,904
2027	14,459
Thereafter	40,329
Total undiscounted future minimum lease payments	130,961
Less: imputed interest	(18,005)
Total present value of lease obligations	112,956
Less: current operating lease liability	(16,382)
Operating lease liability- long term	$	96,574

Schedule of supplemental cash flow information

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

(amounts in thousands)	For the year ended January 30, 2022
Operating cash flow information:
Amounts paid on operating lease liabilities	$	14,400
Non-cash activities
Right-of-use assets obtained in exchange for lease obligations	$	116,048