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Leases (Tables)
6 Months Ended
Jul. 30, 2022
Leases [Abstract]  
Lease Cost
Operating lease expense was as follows:
Thirteen Weeks EndedTwenty-Six Weeks Ended
July 30, 2022July 31, 2021July 30, 2022July 31, 2021
Operating lease cost (1)
$54,247 $55,341 $107,663 $110,747 
(1) For the thirteen and twenty-six weeks ended July 30, 2022, includes $9.6 million and $19.1 million, respectively, in variable lease costs. For the thirteen and twenty-six weeks ended July 31, 2021, includes $9.3 million and $19.2 million, respectively, in variable lease costs.
Supplemental cash flow information related to operating leases was as follows:
Twenty-Six Weeks Ended
July 30, 2022July 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows$103,508 $132,549 
Right of use assets obtained in exchange for lease obligations, non-cash54,336 24,297 
Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to operating leases was as follows:
July 30, 2022January 29, 2022July 31, 2021
Right of use assets$438,959 $463,077 $529,945 
Current lease liabilities$165,345 $172,506 $163,376 
Long-term lease liabilities350,797 381,081 454,164 
Total operating lease liabilities$516,142 $553,587 $617,540 
Weighted Average Remaining Lease Term (years)4.04.04.2
Weighted Average Discount Rate (1)
4.6 %4.5 %4.6 %
(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 as of July 30, 2022 were as follows:
Fiscal Year Ending:
January 28, 2023$99,596 
February 4, 2024166,504 
February 1, 2025121,141 
January 31, 202678,879 
January 30, 202751,307 
Thereafter53,578 
Total future minimum lease payments$571,005 
Less imputed interest(54,863)
Total$516,142