(

)

Leases

The table below presents information related to the lease costs for operating leases for the full year ended

February 1, 2020 (

in thousands).

	Year Ended
	February 1, 2020

Operating lease costs		40,943
Variable lease costs		2,856
Short term lease costs		1,352
Total Operating Lease costs	$	45,151

Other information

The table below presents supplemental cash flow information related to leases for the full year ended

February 1, 2020

(in thousands).

	Year Ended
	February 1, 2020
Operating cash flows for operating leases	$	43,687

As of

February 1, 2020

, the weighted-average remaining operating lease term was

5.9

years and the weighted-average discount rate was

5.8%

for operating leases recognized on the consolidated balance sheet.

Undiscounted cash flows

The table below reconciles the undiscounted cash flows for each of the

first

five

years and total remaining years to the operating lease liabilities recorded on the balance sheet (in thousands).

Operating Leases
2019		38,976
2020		32,803
2021		29,356
2022		24,913
2023		20,916
Thereafter		31,020
Total minimum lease payments		177,984
Less: amount of lease payments representing interest		(27,447	)
Present value of future minimum lease payments		150,537
Less: current obligations under leases		(30,912	)
Long-term lease obligations	$	119,625

As of

February 1, 2020

, the Company had additional executed leases that have

not

yet commenced for retail locations with operating lease liabilities of $

2.5

million with leases that will commence in

2020

with lease terms ranging from

three

five

years. The Company had additional executed leases related to a non-retail location of $

12.6

million with a lease term of

ten

years and

eleven

months.

As previously reported in the Company's Annual Report on Form

-K for the year ended

February 2, 2019,

and in accordance with the guidance in ASC

840,

total office and retail store base rent expense was

$45.9

million and contingent rent expense was

$1.5

million in fiscal

2018.

Also, as previously reported in the Company's Annual Report on Form

-K for the year ended

February 2, 2019,

and in accordance with the guidance in ASC

840,

future minimum lease payments as of

February 2, 2019,

were as follows (in thousands):

2019	$	41,800
2020		35,192
2021		31,940
2022		29,265
2023		24,961
Thereafter		49,782
Total	$	212,940