Leases

6 Months Ended

Jul. 31, 2022

The Company has operating leases for real estate, vehicles, and office equipment, which are accounted for in accordance with ASC 842, "Leases." 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 ten years, some of which include options to extend the leases for up to five years, and some of which include options to terminate the leases within one year.

The components of lease expense were as follows:


	Three Months Ended				Six Months Ended
(in thousands)	July 31, 2022		August 1, 2021		July 31, 2022		August 1, 2021
Operating lease cost	$	1,454	$	1,487	$	2,900	$	2,824
Short-term lease cost	477		258		748		503
Sublease income	(34)		(54)		(69)		(75)
Total lease cost	$	1,897	$	1,691	$	3,579	$	3,252

Supplemental cash flow information related to leases was as follows:


	Six Months Ended
(in thousands)	July 31, 2022		August 1, 2021
Cash paid for amounts included in the measurement of lease liabilities	$	2,703	$	3,237
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,960	$	7,376



	July 31, 2022
Weighted-average remaining lease term–operating leases (in years)	5.37
Weighted-average discount rate on remaining lease payments–operating leases	6.2	%

Supplemental balance sheet information related to leases was as follows:



(in thousands)	July 31, 2022		January 30, 2022
Operating lease right-of-use assets in "Other assets"	$	19,439	$	19,777

Operating lease liabilities in "Accrued liabilities"	$	4,202	$	3,977
Operating lease liabilities in "Other long-term liabilities"	15,838		16,577
Total operating lease liabilities	$	20,040	$	20,554

Maturities of lease liabilities as of July 31, 2022 are as follows:


(in thousands)
Fiscal Year Ending:
2023 (remaining six months)	$	2,757
2024	4,850
2025	4,724
2026	3,679
2027	2,467
Thereafter	5,058
Total lease payments	23,535
Less: imputed interest	(3,495)
Total	$	20,040