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Leases - (Tables)
9 Months Ended
Oct. 29, 2022
Leases [Abstract]  
Components of lease cost

 

Three Months Ended

 

 

October 29, 2022

 

 

October 30, 2021

 

 

 

 

 

 

Operating lease cost (a)

$

17,919

 

$

17,509

Variable lease cost (b)

$

707

 

$

660

 

 

 

 

 

 

(a) Includes right-of-use asset amortization of ($0.4) million and ($0.4) million for the three months ended October 29, 2022 and October 30, 2021, respectively.

(b) Primarily related to monthly percentage rent for stores not presented on the condensed consolidated balance sheets.

 

Nine Months Ended

 

 

October 29, 2022

 

 

October 30, 2021

 

 

 

 

 

 

Operating lease cost (a)

$

53,521

 

$

51,569

Variable lease cost (b)

$

2,053

 

$

2,153

 

 

 

 

 

 

(a) Includes right-of-use asset amortization of ($1.3) million and ($2.1) million for the nine months ended October 29, 2022 and October 30, 2021, respectively.

(b) Primarily related to monthly percentage rent for stores not presented on the condensed consolidated balance sheets.

Supplemental Cash Flow Information

Operating cash flow information:

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

October 29, 2022

 

October 30, 2021

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

$

17,264

 

$

16,485

Non-cash activity:

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations

$

2,107

 

$

1,705

 

 

 

 

 

 

 

Nine Months Ended

 

October 29, 2022

 

October 30, 2021

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

$

51,138

 

$

48,158

Non-cash activity:

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations

$

8,156

 

$

23,718

Weighted-Average Remaining Lease Term And Discount Rate

 

As of

 

October 29, 2022

 

October 30, 2021

 

 

 

 

Weighted-average remaining lease term

2.0 years

 

2.0 years

Weighted-average discount rate

2.84%

 

3.42%

Maturities Of Lease Liabilities By Fiscal Year

Fiscal Year

 

 

 

 

 

2022 (a)

$

16,940

2023

 

54,623

2024

 

38,184

2025

 

22,878

2026

 

11,426

Thereafter

 

3,733

Total lease payments

 

147,784

Less: Imputed interest

 

6,439

Present value of lease liabilities

$

141,345

 

 

 

(a) Excluding the nine months ended October 29, 2022