XML 33 R21.htm IDEA: XBRL DOCUMENT
v3.21.2

Lease Commitments (Tables) | 9 Months Ended
--- | ---
Oct. 30, 2021
Leases [Abstract] |
Future Lease Payments | The following is a schedule of the Company’s future lease payments:
|  | (in thousands) |
Fiscal Year |  | Operating Leases |  |  | Finance Leases |
2021 (remainder) |  | $ | 110,235 |  |  | $ | 1,846 |
2022 |  |  | 498,007 |  |  |  | 7,513 |
2023 |  |  | 476,505 |  |  |  | 7,589 |
2024 |  |  | 441,446 |  |  |  | 7,417 |
2025 |  |  | 408,363 |  |  |  | 5,287 |
2026 |  |  | 371,207 |  |  |  | 5,324 |
Thereafter |  |  | 1,252,675 |  |  |  | 28,014 |
Total future minimum lease payments |  |  | 3,558,438 |  |  |  | 62,990 |
Amount representing interest |  |  | (651,608 | ) |  |  | (17,951 | )
Total lease liabilities |  |  | 2,906,830 |  |  |  | 45,039 |
Less: current portion of lease liabilities |  |  | (346,167 | ) |  |  | (4,610 | )
Total long term lease liabilities |  | $ | 2,560,663 |  |  | $ | 40,429 |
Weighted average discount rate |  |  | 5.0 | % |  |  | 6.7 | %
Weighted average remaining lease term (years) |  |  | 8.2 |  |  |  | 11.3 |
Schedule of Net Lease Costs | The following is a schedule of net lease costs for the periods indicated:
|  | (in thousands) |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | October 30, 2021 |  |  | October 31, 2020 |  |  | October 30, 2021 |  |  | October 31, 2020 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of finance lease asset (a) |  | $ | 1,140 |  |  | $ | 1,212 |  |  | $ | 3,414 |  |  | $ | 3,634 |
Interest on lease liabilities (b) |  |  | 768 |  |  |  | 841 |  |  |  | 2,366 |  |  |  | 2,570 |
Operating lease cost (c) |  |  | 119,858 |  |  |  | 111,797 |  |  |  | 346,789 |  |  |  | 330,362 |
Variable lease cost (c) |  |  | 49,445 |  |  |  | 45,110 |  |  |  | 142,356 |  |  |  | 131,971 |
Total lease cost |  |  | 171,211 |  |  |  | 158,960 |  |  |  | 494,925 |  |  |  | 468,537 |
Less all rental income (d) |  |  | (1,386 | ) |  |  | (1,280 | ) |  |  | (4,015 | ) |  |  | (3,793 | )
Total net rent expense (e) |  | $ | 169,825 |  |  | $ | 157,680 |  |  | $ | 490,910 |  |  | $ | 464,744 |
(a) | Included in the line item “Depreciation and amortization” in the Company’s Condensed Consolidated Statements of Income (Loss).
(b) | Included in the line item “Interest expense” in the Company’s Condensed Consolidated Statements of Income (Loss).
(c) | Includes real estate taxes, common area maintenance, insurance and percentage rent. Included in the line item “Selling, general and administrative expenses” in the Company’s Condensed Consolidated Statements of Income (Loss).
(d) | Included in the line item “Other revenue” in the Company’s Condensed Consolidated Statements of Income (Loss).
(e) | Excludes an immaterial amount of short-term lease cost.
Schedule of Supplemental Cash Flow Disclosures Related to Leases | Supplemental cash flow disclosures related to leases are as follows:
|  | (in thousands) |
|  | Nine Months Ended |
|  | October 30, 2021 |  |  | October 31, 2020 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Cash payments arising from operating lease liabilities (a) |  | $ | 381,006 |  |  | $ | 283,124 |
Cash payments for the principal portion of finance lease liabilities (b) |  | $ | 2,980 |  |  | $ | 2,347 |
Cash payments for the interest portion of finance lease liabilities (a) |  | $ | 2,366 |  |  | $ | 2,570 |
Supplemental non-cash information: |  |  |  |  |  |
Operating lease liabilities arising from obtaining right-of-use assets |  | $ | 440,874 |  |  | $ | 321,688 |
(a) | Included within operating activities in the Company’s Condensed Consolidated Statements of Cash Flows.
(b) | Included within financing activities in the Company’s Condensed Consolidated Statements of Cash Flows.

X
- Definition Operating and capital leases liability maturity. + References No definition available. + Details
Name: | burl_OperatingAndCapitalLeasesLiabilityMaturityTableTextBlock
Namespace Prefix: | burl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental cash flow disclosures related to leases. + References No definition available. + Details
Name: | burl_ScheduleOfSupplementalCashFlowDisclosuresRelatedToLeasesTableTextBlock
Namespace Prefix: | burl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration