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Leases (Tables)
12 Months Ended
Feb. 01, 2020
Leases [Abstract]  
Lease, Cost
The following table summarizes our classification of lease cost (in thousands):
Statement of Operations LocationYear Ended February 1, 2020
Operating lease cost (1)
Selling, general and administrative expenses$96,745  
Finance lease cost:
Amortization of finance lease assets
Selling, general and administrative expenses972  
Interest on lease liabilities
Interest expense, net193  
Variable lease costSelling, general and administrative expenses38,438  
Net lease cost$136,348  
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(1)Includes lease costs for short-term leases, which are immaterial.
Lessee Lease Liability Maturity
As of February 1, 2020, the following table summarizes the maturity of our lease liabilities (in thousands):
Operating
Leases
Finance
Leases
Total
2020$100,428  $1,973  $102,401  
202191,656  1,525  93,181  
202277,337  1,259  78,596  
202362,319  489  62,808  
202448,523   48,524  
After 202472,157  —  72,157  
Total lease payments452,420  5,247  457,667  
Less: Interest(60,004) (496) (60,500) 
Present value of lease liabilities$392,416  $4,751  $397,167  
Disclosure Of Lease Term And Weighted Average Discount
The following table summarizes our lease term and discount rate:
February 1, 2020
Weighted-average remaining lease term (years):
Operating leases5
Finance leases3
Weighted-average discount rate:
Operating leases5.2 %
Finance leases6.9 %
Disclosure Of Cash Flows Relating To Lease
The following table summarizes the other information related to our lease liabilities (in thousands):
Year Ended February 1, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$100,791  
Operating cash flows from finance leases192  
Financing cash flows from finance leases1,349  
Future Contractual Minimum Lease Payments Under Operating Leases
As of February 2, 2019, the aggregate minimum non-cancelable lease payments under operating leases were as follows (in thousands):
Operating
Leases
Finance
Leases
2019$101,139  $738  
202093,190  574  
202182,324   
202266,820  —  
202350,697  —  
Thereafter102,550  —  
Total minimum lease payments$496,720  1,313  
Amount representing interest(67) 
Present value of minimum lease payments1,246  
Less: current portion(685) 
Long-term capital lease obligations$561