XML 39 R24.htm IDEA: XBRL DOCUMENT v3.24.1
Leases (Tables)
12 Months Ended
Feb. 03, 2024
Leases [Abstract]  
Lease, Cost
The following table is a summary of the Company's components for net lease costs as of February 3, 2024 and January 28, 2023 (in thousands):
Fiscal Year Ended
Lease CostFebruary 3, 2024January 28, 2023
Operating lease cost$268,096 $231,958 
Variable lease cost76,505 63,739 
Net lease cost*$344,601 $295,697 
* Excludes short-term lease cost, which is immaterial
The following table summarizes the supplemental cash flow disclosures related to leases as of February 3, 2024 and January 28, 2023 (in thousands):
Fiscal Year Ended
February 3, 2024January 28, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Cash payments arising from operating lease liabilities (1)
$229,491 $210,096 
Supplemental non-cash information:
Operating lease liabilities arising from obtaining right-of-use assets$358,383 $321,905 
Lessee, Operating Lease, Liability, Maturity
The following table summarizes the maturity of lease liabilities under operating leases as of February 3, 2024 (in thousands):
Maturity of Lease LiabilitiesOperating Leases
2024$305,635 
2025304,822 
2026286,595 
2027266,464 
2028240,866 
After 2028694,789 
Total lease payments2,099,171 
Less: imputed interest360,621 
Present value of lease liabilities$1,738,550