We lease all of our physical stores and our single distribution center, which has a current lease term expiring in 2034. We also enter into leases of equipment, copiers and billboards. All of our leases are operating leases. 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 1, 2021.

Lease costs, including related common area maintenance (“CAM”), property taxes, and insurance, reported in our Condensed Consolidated Statements of Income were as follows for the thirteen weeks ended May 1, 2021 and May 2, 2020:

(In thousands)	Thirteen Weeks Ended May 1, 2021		Thirteen Weeks Ended May 2, 2020
Operating lease cost	$	13,263	$	13,226
Variable lease cost		648		187
CAM, property taxes and insurance		4,768		4,989
Total	$	18,679	$	18,402