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Leases	12 Months Ended
Leases	Jan. 30, 2021
LeasesOperatingAbstract
Leases	11. Leases: The Company determines whether an arrangement is a lease at inception. The Company has operating leases for stores, offices and equipment. Its leases have remaining lease terms of one year to 10 years, some of which include options to extend the lease term for up to five years, and some of which include options to terminate the lease within one year. The Company considers these options in determining the lease term used to establish its right-of-use assets and lease liabilities. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. As most of the Company’s leases do not provide an implicit rate, the Company uses its estimated incremental borrowing rate based on the information available at commencement date of the lease in determining the present value of lease payments. The components of lease cost are shown below (in thousands): ` Twelve Months Ended January 30, 2021 February 1, 2020 Operating lease cost (a) $ 69,601 $ 59,987 Variable lease cost (b) $ 1,555 $ 2,088 ASC 840 prepaid rent expense (c) $ - $ 6,093 (a) Includes right-of-use asset amortization of ($ 4.6 ) million and ($ 4.9 ) million for the twelve months ended January 30, 2021 and February 1, 2020, respectively. (b) Primarily related to monthly percentage rent for stores not presented on the balance sheet. (c) Related to ASC 840 rent expense due to prepaid rent on the balance sheet as of February 3, 2019. Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows (in thousands): Operating cash flow information: Twelve Months Ended January 30, 2021 February 1, 2020 Cash paid for amounts included in the measurement of lease liabilities $ 62,559 $ 55,544 Non-cash activity: Right-of-use assets obtained in exchange for lease obligations, net of rent violations $ 58,978 $ 63,847 Weighted-average remaining lease term and discount rate for the Company’s operating leases are as follows: ` As of January 30, 2021 February 1, 2020 Weighted-average remaining lease term 2.9 years 3.2 years Weighted-average discount rate 4.06% 4.47% Maturities of lease liabilities by fiscal year for the Company’s operating leases are as follows (in thousands): Fiscal Year 2021 $ 70,007 2022 48,639 2023 35,717 2024 22,542 2025 13,815 Thereafter 36,805 Total lease payments 227,525 Less: Imputed interest 20,789 Present value of lease liabilities $ 206,736