XML 107 R20.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases | 12 Months Ended
--- | ---
Jan. 30, 2021
Leases [Abstract] |
Leases | Leases We lease the majority of our office facilities as well as certain equipment, all of which are accounted for as operating leases. These leases have remaining terms ranging from less than 1 year to approximately 9 years. Some leases include options to extend the lease for up to 5 years and others include options to terminate. The following table summarizes the components of lease cost recognized in the consolidated statement of operations for fiscal 2021 and fiscal 2020 (dollars in thousands):
| Fiscal Year Ended
| January 30, 2021 |  | January 25, 2020
Lease cost under long-term operating leases | $ | 35,411 |  |  | $ | 33,799 |
Lease cost under short-term operating leases | 28,532 |  |  | 34,111 |
Variable lease cost under short-term and long-term operating leases(1) | 4,113 |  |  | 4,183 |
Total lease cost | $ | 68,056 |  |  | $ | 72,093 |
(1) Variable lease cost primarily includes insurance, maintenance, and other operating expenses related to our leased office facilities. Our operating lease liabilities related to long-term operating leases were $63.1 million and $70.2 million as of January 30, 2021 and January 25, 2020, respectively. Supplemental balance sheet information related to these liabilities is as follows:
| January 30, 2021 |  | January 25, 2020
Weighted average remaining lease term | 3.2 years |  | 3.3 years
Weighted average discount rate | 4.6 | % |  | 5.2 | %
Supplemental cash flow information related to our long-term operating lease liabilities as of January 30, 2021 and January 25, 2020 is as follows (dollars in thousands):
| Fiscal Year Ended
| January 30, 2021 |  | January 25, 2020
Cash paid for amounts included in the measurement of lease liabilities | $ | 33,313 |  |  | $ | 30,888 |
Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $ | 27,510 |  |  | $ | 27,477 |
As of January 30, 2021, maturities of our lease liabilities under our long-term operating leases for the next five fiscal years and thereafter are as follows (dollars in thousands):
Fiscal Year |  | Amount
2022 |  | $ | 28,159 |
2023 |  | 19,608 |
2024 |  | 11,645 |
2025 |  | 7,069 |
2026 |  | 2,577 |
Thereafter |  | 2,178 |
Total lease payments |  | 71,236 |
Less: imputed interest |  | (8,108) |
Total |  | $ | 63,128 |
As of January 30, 2021, we had additional operating leases that have not yet commenced of $1.7 million. These leases will commence during the first quarter of fiscal 2022.

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

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration