Leases (Notes)

6 Months Ended

Jul. 26, 2020

The Company has operating leases for real estate, vehicles, and office equipment. Real estate leases are used to secure office space for the Company's administrative, engineering, production support and manufacturing activities. The Company's leases have remaining lease terms of up to approximately 10 years, some of which include options to extend the leases for up to 5 years, and some of which include options to terminate the leases within 1 year.

The components of lease expense were as follows:


	Three Months Ended						Six Months Ended
(in thousands)	July 26, 2020		July 28, 2019		July 26, 2020		July 28, 2019
Operating lease cost	$	1,178	$	1,214	$	2,355	$	2,428
Short-term lease cost	—		83		—		161

Sublease income	(34)		(32)		(67)		(65)
Total lease cost	$	1,144	$	1,265	$	2,288	$	2,524

Supplemental cash flow information related to leases was as follows:


	Six Months Ended
(in thousands, except percentage)	July 26, 2020		July 28, 2019
Cash paid for amounts included in the measurement of lease liabilities	$	2,283	$	2,560
Right-of-use assets obtained in exchange for new operating lease liabilities	$	8,298	$	25


Weighted-average remaining lease term–operating leases	5.93 years
Weighted-average discount rate–operating leases	6.8	%

Supplemental balance sheet information related to leases was as follows:


	Balance as of
(in thousands)	July 26, 2020		January 26, 2020
Operating lease right-of-use assets in "Other assets"	$	17,206	$	10,958

Operating lease liabilities in "Accrued liabilities"	$	3,870	$	3,273
Operating lease liabilities in "Other long-term liabilities"	14,020		8,185
Total operating lease liabilities	$	17,890	$	11,458

Maturities of lease liabilities as of July 26, 2020 are as follows:


(in thousands)
Fiscal Year Ending:
2021 (remaining six months)	$	2,489
2022	4,405
2023	3,068
2024	2,806
2025	2,684
Thereafter	6,563
Total lease payments	22,015
Less: imputed interest	(4,125)
Total	$	17,890