XML 40 R27.htm IDEA: XBRL DOCUMENT
v3.25.3

PREPAID EXPENSE AND OTHER ASSETS (Tables) | 9 Months Ended
--- | ---
Nov. 01, 2025
PREPAID EXPENSE AND OTHER ASSETS |
Schedule of prepaid expense and other current assets | Prepaid expense and other current assets consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | NOVEMBER 1, |  | FEBRUARY 1,
​ | ​ | 2025 | ​ | 2025
​ | ​ | (in thousands)
Value added tax (VAT) receivable | ​ | $ | 32,252 | ​ | $ | 9,866
Prepaid expenses | ​ | ​ | 21,371 | ​ | ​ | 29,595
Vendor deposits | ​ | ​ | 19,637 | ​ | ​ | 20,441
Capitalized cloud computing costs | ​ | ​ | 11,419 | ​ | ​ | 9,851
Capitalized catalog costs | ​ | ​ | 7,921 | ​ | ​ | 30,162
Tenant allowance receivable | ​ | ​ | 6,744 | ​ | ​ | 12,668
Right of return asset for merchandise | ​ |  | 6,548 | ​ |  | 6,237
Federal and state tax receivable(1) | ​ | ​ | 4,106 | ​ | ​ | 24,729
Promissory notes receivable, including interest(2) | ​ |  | 1,154 | ​ |  | 3,674
Other current assets | ​ | ​ | 32,110 | ​ | ​ | 30,620
Total prepaid expense and other current assets | ​ | $ | 143,262 | ​ | $ | 177,843
(1) | As of February 1, 2025, includes $19 million related to a federal tax receivable from a carryback claim.
(2) | Represents promissory notes, including principal and accrued interest, due from an affiliate of the managing member of the Aspen LLCs. Refer to Note 6—Variable Interest Entities.
Schedule of other non-current assets | Other non-current assets consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | NOVEMBER 1, |  | FEBRUARY 1,
​ | ​ | 2025 | ​ | 2025
​ | ​ | (in thousands)
Landlord assets under construction—net of tenant allowances | ​ | $ | 113,423 | ​ | $ | 138,701
Initial direct costs prior to lease commencement | ​ | ​ | 82,503 | ​ | ​ | 80,897
Capitalized cloud computing costs—net(1) | ​ | ​ | 29,304 | ​ | ​ | 22,738
Federal tax receivable—non-current(2) | ​ | ​ | 19,483 | ​ | ​ | —
Other deposits | ​ | ​ | 8,354 | ​ | ​ | 7,754
Deferred financing fees | ​ |  | 3,732 | ​ |  | 1,512
Vendor deposits—non-current | ​ |  | 3,285 | ​ |  | 2,684
Other non-current assets | ​ |  | 14,460 | ​ |  | 17,100
Total other non-current assets | ​ | $ | 274,544 | ​ | $ | 271,386
(1) | Presented net of accumulated amortization of $40 million and $30 million as of November 1, 2025 and February 1, 2025, respectively.
(2) | Represents a federal tax receivable from a carryback claim.

X
- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of noncurrent assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfOtherAssetsNoncurrentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration