Leases (Tables)

3 Months Ended

May 04, 2019

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



	Thirteen Weeks Ended
	May 4, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows	$	56,876
Right of use assets obtained in exchange for lease obligations, non-cash	6,028

Operating lease expense was as follows:



	Thirteen Weeks Ended
	May 4, 2019
Operating lease cost ⁽¹⁾	$	64,902

⁽¹⁾Includes $8.0 million in variable lease costs.

Supplemental Balance Sheet Information Related to Operating Leases

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



	May 4, 2019
Right of Use Assets	$	729,950

Current lease liabilities	$	160,731
Long-term lease liabilities	645,796
Total operating lease liabilities	$	806,527

Weighted Average Remaining Lease Term (years)	5.2

Weighted Average Discount Rate ⁽¹⁾	5.8		%

⁽¹⁾ The incremental borrowing rate used by the Company is based on the rate at which the Company could borrow funds using its credit rating for a collateralized loan of similar term to the lease. The weighted average discount rate represents a weighted average of the incremental borrowing rate for each lease weighted based on the remaining fixed lease obligations.

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities were as follows:



Fiscal Year Ending:
February 1, 2020	$	148,654
January 30, 2021	209,463
January 29, 2022	183,961
January 28, 2023	146,545
February 4, 2024	98,023
Thereafter	150,812
Total future minimum lease payments	$	937,458
Less imputed interest	(130,931		)
Total	$	806,527