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Commitments and Contingencies
 12 Months Ended
Feb. 01, 2014
Commitments and Contingencies Disclosure [Abstract]  
Commitments And Contingencies
Commitments and Contingencies
The Company leases property and equipment under non-cancelable operating leases. Certain retail store lease agreements provide for contingent rental payments if the store’s net sales exceed stated levels (percentage rents) and/or contain escalation clauses, which provide for increases in base rental for increases in future operating costs. Many of the Company’s leases provide for one or more renewal options for periods of five years. The Company’s operating lease agreements, including assumed extensions, which are generally those that take the lease to a ten-year term, expire through fiscal 2024.
The Company’s minimum rental commitments under operating lease agreements, including assumed extensions, as of February 1, 2014, are as follows (in thousands):
 
 
Retail stores
 
Corporate office and distribution centers
 
Total

 
 
 
 
 
2014
$
47,767

 
$
4,936

 
$
52,703

2015
48,844

 
5,225

 
54,069

2016
46,566

 
3,655

 
50,221

2017
45,498

 
3,191

 
48,689

2018
44,100

 
3,388

 
47,488

Thereafter
157,356

 
12,088

 
169,444

 
$
390,131

 
$
32,483

 
$
422,614


Rent expense, including base and contingent rent under operating leases, was $41.8 million, $32.8 million and $23.6 million in fiscal 2013, fiscal 2012 and fiscal 2011, respectively. Contingent rents were $0.5 million, $0.5 million and $0.5 million in fiscal 2013, fiscal 2012 and fiscal 2011, respectively.
From February 2, 2014 to March 26, 2014, the Company committed to 17 new store leases with terms of 10 years that have future minimum lease payments of approximately $28.6 million.
The Company has employment agreements with certain key employees that provide for, among other things, salary, bonus, severance, and change-in-control provisions. The severance and change of control provisions under these agreements provide for additional payments upon employee separation of up to approximately $3.9 million.
From time to time, the Company is involved in certain legal actions arising in the ordinary course of business. In management’s opinion, the outcome of such actions will not have a material adverse effect on the Company’s financial condition or results of operations.
As of February 1, 2014, the Company has other purchase commitments of approximately $2.0 million consisting of purchase agreements for materials that will be used in the construction of new stores.