Leases (Tables)

3 Months Ended

May 04, 2019

Leases [Abstract]

Lease Cost and Cash Flow Information Related to Operating Leases

Supplemental cash flow information and non-cash activity related to the Company's operating leases are as follows:

	Three Months Ended
In Thousands	May 4, 2019
Operating cash flow information:
Cash paid for amounts included in the
measurement of operating lease liabilities	$45,877
Non-cash activity:
Operating lease right-of-use assets obtained
in exchange for operating lease liabilities	$13,632

The table below presents the components of lease cost for operating leases for the three months ended May 4, 2019.

	Three Months Ended
In Thousands	May 4, 2019
Operating lease cost	$46,306
Variable lease cost	3,223
Less: Sublease income	(128	)
Net Lease Cost	$49,401

Schedule of Lease Maturity Under Topic 842

The following table reconciles the maturities of undiscounted cash flows to the Company's operating lease liabilities recorded on the Condensed Consolidated Balance Sheets at May 4, 2019:

Fiscal Years	In Thousands
May 4, 2019 through February 1, 2020	$134,196
2021	170,158
2022	158,015
2023	139,865
2024	118,827
Thereafter	263,762
Total undiscounted future minimum lease payments	984,823
Less: Amounts representing interest	(155,633)
Total Present Value of Operating Lease Liabilities	$829,190

Supplemental Information Related to Operating Leases

The Company's weighted-average remaining lease term and weighted-average discount rate for operating leases as of May 4, 2019 are:

	May 4, 2019
Weighted-average remaining lease term (years)	6.5
Weighted - average discount rate	5.3%

Schedule of Future Minimum Rental Payments for Operating Leases Under Topic 840

Under the optional transition method, for leases that existed prior to and at the adoption of the new standard, the Company continues to present comparative prior period lease amounts in accordance with ASC 840, "Leases". As of February 2, 2019 future minimum rental commitments were:

Fiscal Years	In Thousands
2020	$183,432
2021	171,584
2022	159,155
2023	140,889
2024	119,023
Thereafter	323,638
Total Minimum Rental Commitments	$1,097,721