Leases (Tables)

3 Months Ended

Feb. 03, 2023

Leases [Abstract]

Supplemental Cash Flow and Other Lease Information

The following table presents the lease expense incurred on the company’s operating, short-term, and variable leases:

	Three Months Ended
(Dollars in thousands)	February 3, 2023		January 28, 2022
Operating lease expense	$	6,074	$	6,165
Short-term lease expense	868		1,415
Variable lease expense	25		—
Total lease expense	$	6,967	$	7,580

The following table presents supplemental cash flow information related to the company's operating leases:

	Three Months Ended
(Dollars in thousands)	February 3, 2023		January 28, 2022
Operating cash flows for amounts included in the measurement of lease liabilities	$	6,170	$	4,567
Right-of-use assets obtained in exchange for lease obligations	$	1,892	$	14,881

The following table presents other lease information related to the company's operating leases:

	February 3, 2023		January 28, 2022		October 31, 2022
Weighted-average remaining lease term of operating leases in years	5.8		6.6		6.0
Weighted-average discount rate of operating leases	3.61	%	2.56	%	3.53	%

Future Minimum Operating Lease Payments

The following table reconciles the total undiscounted future cash flows based on the anticipated future minimum operating lease payments by fiscal year for the company's operating leases to the present value of operating lease liabilities recorded within the Condensed Consolidated Balance Sheets as of February 3, 2023:

(Dollars in thousands)	February 3, 2023
2023 (remaining)	$	13,508
2024	18,455
2025	16,263
2026	10,801
2027	7,524
Thereafter	17,678
Total future minimum operating lease payments	84,229
Less: imputed interest	7,587
Present value of operating lease liabilities	$	76,642