We lease all of our physical stores, our single distribution center, which has a current lease term expiring in 2034, and office space for our Southern office. We also enter into leases of equipment, copiers and billboards. All of our leases are operating leases. Leases with terms of twelve months or less are immaterial and are expensed as incurred, and we did not have any leases with related parties as of April 29, 2023.

Lease costs, including related common area maintenance (“CAM”), property taxes and insurance, reported in our Condensed Consolidated Statements of Income were as follows for the thirteen weeks ended April 29, 2023 and April 30, 2022:


	Thirteen Weeks Ended		Thirteen Weeks Ended
(In thousands)	April 29, 2023		April 30, 2022
Operating lease cost	$	15,872	$	14,699
Variable lease cost
CAM, property taxes and insurance		5,352		4,761
Percentage rent and other variable lease costs		243		193
Total	$	21,467	$	19,653