Leases

12 Months Ended

Feb. 02, 2019

Disclosure Text Block [Abstract]

Leases of Lessee Disclosure [Text Block]

Note 7. Leases

The Company conducts all of its operations from leased premises that include retail stores, distribution centers, and administrative offices. At February 2, 2019, the Company leased 210 stores under operating leases, many of which contain renewal options and escalation clauses, for periods ranging from one to ten years. Most store leases also provide for payment of operating expenses and real estate taxes. Some also provide for contingent rent based on percentage of sales over a certain sales volume. During fiscal 2018 and fiscal 2017, the Company recorded minimum rentals of $21.7 million and $25.0 million, respectively, and did not record any contingent rentals. In addition, the Company currently leases 2 distribution centers and 2 administrative offices.

Future minimum rental payments required under all leases that have initial or remaining non-cancelable lease terms at February 2, 2019, are as follows (amounts in thousands):

	Operating Leases
2019	$	24,426
2020		8,393
2021		5,239
2022		1,881
2023		1,137
Thereafter		1,060
Total minimum payments required	$	42,136

In addition to the obligations in the table above, a number of the Company’s stores have leases which have rent payments based on the store’s sales volume in lieu of fixed minimum rent payments. During fiscal 2018 and fiscal 2017, minimum rent payments based on a store’s sales volume were $0.5 million and $0.6 million, respectively.