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LEASES (Tables) | 12 Months Ended
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Aug. 03, 2019
Leases [Abstract] |
Schedule of Rent Expense | Rent expense, other operating lease expense and subtenant rentals all under operating leases included within Operating expenses, and subtenant rentals under operating leases with customers included within Net sales, consisted of the following:
(in thousands) | 2019 |  | 2018 |  | 2017
Rent expense(1) | 211,807 |  |  | 88,697 |  |  | 81,156 |
Less subtenant rentals recorded in Net sales | (17,475 | ) |  | — |  |  | — |
Less subtenant rentals recorded in Operating expenses | (13,683 | ) |  | (1,649 | ) |  | (1,670 | )
Total net rent expense | $ | 180,649 |  |  | $ | 87,048 |  |  | $ | 79,486 |
(1) | Rent expense as presented here includes $32.2 million, $0.0 million, and $0.0 million in fiscal 2019, 2018 and 2017, respectively, of operating lease rent expense related to stores within discontinued operations, but for which GAAP requires the expense to be included within continuing operations, as we expect to remain primarily obligated under these leases.
Schedule of Future Minimum Lease Payments and Receipts for Operating and Capital Leases | As of August 3, 2019, these lease obligations and lease receipts consisted of the following (in thousands):
|  | Lease Obligations |  | Lease Receipts |  | Net Lease Obligations
Fiscal Year |  | Operating Leases |  | Capital Leases |  | Operating Leases |  | Capital Leases |  | Operating Leases |  | Capital Leases
2020 |  | $ | 223,612 |  |  | $ | 41,550 |  |  | $ | (55,922 | ) |  | $ | (319 | ) |  | $ | 167,690 |  |  | $ | 41,231 |
2021 |  | 190,845 |  |  | 32,804 |  |  | (41,425 | ) |  | — |  |  | 149,420 |  |  | 32,804 |
2022 |  | 179,326 |  |  | 29,869 |  |  | (35,998 | ) |  | — |  |  | 143,328 |  |  | 29,869 |
2023 |  | 154,812 |  |  | 26,699 |  |  | (25,591 | ) |  | — |  |  | 129,221 |  |  | 26,699 |
2024 |  | 135,795 |  |  | 23,095 |  |  | (18,183 | ) |  | — |  |  | 117,612 |  |  | 23,095 |
Thereafter |  | 1,063,674 |  |  | 46,999 |  |  | (59,186 | ) |  | — |  |  | 1,004,488 |  |  | 46,999 |
Total future minimum obligations (receipts) |  | $ | 1,948,064 |  |  | $ | 201,016 |  |  | $ | (236,305 | ) |  | $ | (319 | ) |  | $ | 1,711,759 |  |  | $ | 200,697 |
Less interest |  |  |  | (68,138 | ) |  |  |  |  |  |  |  |
Present value of capital lease obligations |  |  |  | 132,878 |  |  |  |  |  |  |  |  |
Less current capital lease obligations |  |  |  | (24,670 | ) |  |  |  |  |  |  |  |
Long-term capital lease obligations |  |  |  | $ | 108,208 |  |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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- Definition Tabular disclosure of rental expense from operating leases for each period for which an income statement is presented with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41499-112717 + Details
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