XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.21.1

Leases | 3 Months Ended
--- | ---
Apr. 30, 2021
Leases [Abstract] |
Leases | 7. Leases The Company has operating leases for stores, distribution and fulfillment centers, corporate offices and equipment. The Company subleases certain properties to third parties. Total operating lease costs were $68,708 and $68,010 during the three months ended April 30, 2021 and 2020, respectively. Total variable lease costs were $20,502 and $28,440 during the three months ended April 30, 2021 and 2020, respectively. Short-term lease costs and sublease income were not material during the three months ended April 30, 2021 and April 30, 2020. The following is a schedule by year of the maturities of operating lease liabilities with original terms in excess of one year, as of April 30, 2021:
|  | Operating |
|  | Leases |
Fiscal Year |  |  |  |
2022 (excluding the three months ended April 30, 2021) |  | $ | 253,987 |
2023 |  |  | 267,224 |
2024 |  |  | 231,332 |
2025 |  |  | 194,938 |
2026 |  |  | 159,693 |
Thereafter |  |  | 436,366 |
Total undiscounted future minimum lease payments |  |  | 1,543,540 |
Less imputed interest |  |  | (237,086 | )
Total discounted future minimum lease payments |  | $ | 1,306,454 |
As of April 30, 2021, the Company had commitments of approximately $10,257 not included in the amounts above related to eight executed but not yet commenced leases. In response to the COVID-19 pandemic and mandated store closures, the Company withheld certain minimum lease payments due to landlords. The amounts withheld at April 30, 2021 and 2020 were included in “Current portion of operating lease liabilities” in the Condensed Consolidated Balance Sheets. During the three months ended April 30, 2021, the Company received rent concessions for a number of stores and continue to negotiate for additional rent concessions at various other store locations. To the extent the rent concessions do not result in a substantial increase in total payments in the existing lease, the Company has accounted for such rent concessions as negative variable rent. To the extent the rent concessions do result in a substantial increase in total payments in the existing lease, the Company has accounted for such rent concessions as a lease modification. Rent concessions recorded by the Company for the three months ended April 30, 2021, as either negative variable rent or lease modifications have not had a material impact on the Company’s Condensed Consolidated Financial Statements.

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