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Leases | 9 Months Ended
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Nov. 01, 2025
Leases [Abstract] |
Leases | 4. Leases At November 1, 2025, we had operating leases for our retail stores, certain distribution and fulfillment facilities, vehicles and equipment. Our remaining lease terms vary from under one month to ten years, with varying renewal and termination options. The following table presents components of lease expense (in thousands):
|  | Three Months Ended |  | Nine Months Ended
|  | November 1, 2025 |  | November 2, 2024 |  | November 1, 2025 |  | November 2, 2024
Operating lease expense |  | $ | 19,162 |  | $ | 18,537 |  | $ | 54,945 |  | $ | 55,349
Variable lease expense |  |  | 2,123 |  |  | 2,571 |  |  | 8,118 |  |  | 7,204
Total lease expense (1) |  | $ | 21,285 |  | $ | 21,108 |  | $ | 63,063 |  | $ | 62,553
(1) Total lease expense includes short-term lease expense and sublease income which is immaterial to the Company. Total lease expense does not include right-of-use asset impairment charges, common area maintenance charges and other non-lease components. Supplemental cash flow information related to leases is as follows (in thousands):
|  | Nine Months Ended |
|  | November 1, 2025 |  |  |  | November 2, 2024 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ |  | (52,492 | ) |  |  | $ |  | (55,565 | )
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  |  | 49,587 |  |  |  |  |  | 42,802 |
Weighted-average remaining lease term and discount rate were as follows:
|  | November 1, 2025 |  | November 2, 2024
Weighted-average remaining lease term |  |  | 4.8 |  |  |  | 4.7 |
Weighted-average discount rate |  |  | 4.9 | % |  |  | 4.5 | %
At November 1, 2025, the maturities of our operating leases liabilities are as follows (in thousands):
Fiscal 2025 |  |  | $ | 13,802 |
Fiscal 2026 |  |  |  | 64,958 |
Fiscal 2027 |  |  |  | 52,155 |
Fiscal 2028 |  |  |  | 32,571 |
Fiscal 2029 |  |  |  | 23,024 |
Fiscal 2030 |  |  |  | 18,233 |
Thereafter |  |  |  | 30,571 |
Total minimum lease payments |  |  |  | 235,314 |
Less: interest |  |  |  | (26,258 | )
Present value of lease obligations |  |  |  | 209,056 |
Less: current portion |  |  |  | (54,369 | )
Long-term lease obligations (1) |  |  | $ | 154,687 |
(1) Amounts in the table do not include contingent rent, common area maintenance charges and other non-lease components. At November 1, 2025, we have excluded from the table above $0.1 million of operating leases that were contractually executed, but had not yet commenced. These operating leases are expected to commence by the beginning of fiscal 2026.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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