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Leases (Tables)
12 Months Ended
Jan. 28, 2022
Leases [Abstract]  
Components of Lease Expense

The components of lease expense are as follows:

 

(in thousands)

 

Fiscal 2021

 

 

Fiscal 2020

 

Operating lease expense

 

$

8,273

 

 

$

8,516

 

Variable lease expense

 

 

2,312

 

 

 

2,303

 

Ending balance

 

$

10,585

 

 

$

10,819

 

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases are as follows:

 

(in thousands)

 

Fiscal 2021

 

 

Fiscal 2020

 

Operating lease right-of-use asset

 

$

31,492

 

 

$

35,475

 

Lease liability – current

 

 

5,617

 

 

 

5,183

 

Lease liability – long-term

 

 

32,731

 

 

 

37,811

 

Weighted average remaining lease term in years

 

 

6.80

 

 

7.56

 

Weighted average discount rate

 

 

6.55

%

 

 

6.44

%

Supplemental Cash Flow Information Related to Operating Leases

 

Supplemental cash flow information related to operating leases are as follows:

 

(in thousands)

 

Fiscal 2021

 

 

Fiscal 2020

 

Operating cash outflows from operating leases

 

$

10,509

 

 

$

8,710

 

Operating lease right-of-use-assets obtained in exchange for lease liabilities

 

 

1,409

 

 

 

3,406

 

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of January 28, 2022 are as follows:

 

(in thousands)

 

 

 

 

2022

 

$

9,240

 

2023

 

 

7,435

 

2024

 

 

6,445

 

2025

 

 

5,837

 

2026

 

 

5,006

 

Thereafter

 

 

14,100

 

Total operating lease payments

 

$

48,063

 

Less imputed interest

 

 

9,715

 

Present value of lease liabilities

 

$

38,348