Leases (Tables)

9 Months Ended

Nov. 02, 2019

Leases [Abstract]

Lease Cost

Operating lease expense was as follows:

	November 2, 2019
	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
Operating lease cost (1)	$	62,696	$	189,939

⁽¹⁾ Includes approximately $6.9 million and $20.0 million in variable lease costs for the thirteen and thirty-nine weeks ended November 2, 2019, respectively.

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

	Thirty-Nine Weeks Ended
	November 2, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows	$	169,970
Right of use assets obtained in exchange for lease obligations, non-cash	22,346

Supplemental Balance Sheet Information Related to Operating Leases

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

	November 2, 2019
Right of Use Assets	$	664,052
Current lease liabilities	$	155,403
Long-term lease liabilities	578,971
Total operating lease liabilities	$	734,374
Weighted Average Remaining Lease Term (years)	4.9
Weighted Average Discount Rate (1)	5.7		%

⁽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 (1)	$	36,572
January 30, 2021	209,945
January 29, 2022	185,251
January 28, 2023	147,479
February 4, 2024	100,312
Thereafter	168,708
Total future minimum lease payments	$	848,267
Less imputed interest	(113,893		)
Total	$	734,374

⁽¹⁾ Represents payments due for remainder of fiscal 2019.