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Leases | 12 Months Ended
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Jan. 31, 2024
Leases [Abstract] |
Leases | 9. 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 $264,091, $255,682 and $268,863 during fiscal 2024, 2023 and 2022, respectively. Total variable lease costs were $139,275, $136,201 and $109,525 during fiscal 2024, 2023 and 2022, respectively. Short-term lease costs and sublease income were not material during fiscal 2024, 2023 and 2022. Other information related to leases was as follows:
Other information |  | Fiscal Year Ended January 31, |
Cash paid for amounts included in the measurement of lease liabilities: |  | 2024 |  |  | 2023 |  |  | 2022 |
Operating cash flows from operating leases |  | $ | 299,351 |  |  | $ | 296,619 |  |  | $ | 303,577 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 206,397 |  |  | $ | 189,744 |  |  | $ | 112,572 |
Weighted-average remaining lease term - operating leases |  | 6.4 years |  |  | 6.3 years |  |  | 6.0 years |
Weighted-average discount rate - operating leases |  |  | 6.0 | % |  |  | 5.8 | % |  |  | 5.8 | %
The following is a schedule by year of the maturities of operating lease liabilities with original terms in excess of one year, as of January 31, 2024:
Fiscal Year |  | Operating Leases |
2025 |  | $ | 284,199 |
2026 |  |  | 248,442 |
2027 |  |  | 195,617 |
2028 |  |  | 156,531 |
2029 |  |  | 120,965 |
Thereafter |  |  | 313,538 |
Total undiscounted future minimum lease payments |  |  | 1,319,292 |
Less imputed interest |  |  | (240,794 | )
Total discounted future minimum lease payments |  | $ | 1,078,498 |
As of January 31, 2024, the Company had commitments of approximately $84,659 not included in the amounts above related to 15 executed but not yet commenced store leases. Certain store leases provide for contingent rentals when sales exceed specified breakpoint levels, in lieu of a fixed minimum rent, that are not reflected in the above table. Additionally, there are 86 locations where a percentage of sales are paid, in lieu of a fixed minimum rent, that are not reflected in the above table. Total rent expense related to these 86 locations was approximately $13,609 for fiscal 2024. During fiscal 2024, the Company committed to cease operations for two store locations but the lease has not been terminated, resulting in the right-of-use assets to be abandoned. When a lease right-of-use asset has been abandoned, the estimated useful life of the asset is updated to reflect the cease use date, and the remaining carrying value of the asset is amortized ratably over the period between the commitment date and the cease use date. During fiscal 2024, the Company recorded lease abandonment charges for two retail locations, totaling $8,231, with a remaining carrying value of $3,786 related to the right-of-use asset for one store location which will be expensed in the first quarter of fiscal 2025.

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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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