We lease all of our physical stores, our Evansville distribution center, which has a current lease term expiring in 2034, and other warehousing and office space. We also enter into leases of equipment, copiers and billboards. Substantially all of our leases are operating leases; however, as a result of the acquisition of Rogan’s, we also acquired certain assets subject to finance leases. The finance lease assets and related current liabilities and noncurrent liabilities were recorded in Other Noncurrent Assets, Accrued and Other Liabilities and Other long-term liabilities, respectively. Leases with terms of twelve months or less are immaterial and are expensed as incurred, and we did not have any leases with related parties as of May 4, 2024.

Lease costs, including other related occupancy costs, reported in our Condensed Consolidated Statements of Income were as follows for the thirteen weeks ended May 4, 2024 and April 29, 2023:


(In thousands)	Thirteen Weeks Ended May 4, 2024			Thirteen Weeks Ended April 29, 2023
Operating lease cost	$	17,175		$	15,872
Variable lease cost
Occupancy costs		5,760			5,352
Percentage rent and other variable lease costs		(35	)		243
Finance lease cost
Amortization of leased assets		7			0
Interest on lease liabilities		3			0
Total	$	22,910		$	21,467