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Leases (Tables)
12 Months Ended
Jan. 29, 2021
Leases [Abstract]  
Components of Lease Expense

The components of lease expense are as follows:

 

(in thousands)

 

Fiscal 2020

 

 

Fiscal 2019

 

Operating lease expense

 

$

8,516

 

 

$

9,210

 

Variable lease expense

 

 

2,303

 

 

 

1,682

 

Ending Balance

 

$

10,819

 

 

$

10,892

 

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases are as follows:

 

(in thousands)

 

Fiscal 2020

 

 

Fiscal 2019

 

Operating lease right-of-use asset

 

$

35,475

 

 

$

38,665

 

Lease liability - current

 

 

5,183

 

 

 

5,864

 

Lease liability - long-term

 

 

37,811

 

 

 

39,841

 

Weighted average remaining lease term in years

 

 

7.56

 

 

8.03

 

Weighted average discount rate

 

 

6.44

%

 

 

6.39

%

Supplemental Cash Flow Information Related to Operating Leases

 

Supplemental cash flow information related to operating leases are as follows:

 

(in thousands)

 

Fiscal 2020

 

 

Fiscal 2019

 

Operating cash outflows from operating leases

 

$

8,710

 

 

$

10,631

 

Operating lease right-of-use-assets obtained in exchange for lease liabilities

 

 

3,406

 

 

 

19,584

 

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of January 29, 2021 are as follows:

 

(in thousands)

 

 

 

 

2021

 

$

10,458

 

2022

 

 

8,972

 

2023

 

 

7,140

 

2024

 

 

6,290

 

2025

 

 

5,774

 

Thereafter

 

 

19,336

 

Total operating lease payments

 

$

57,970

 

Less imputed interest

 

 

14,976

 

Present value of lease liabilities

 

$

42,994