Leases

6 Months Ended

Jul. 30, 2023

Components of lease expense were as follows (in thousands):


	Thirteen weeks ended				Twenty-six weeks ended
	July 30, 2023		July 31, 2022		July 30, 2023		July 31, 2022
Operating lease expense	$	7,391	$	5,808	$	14,395	$	11,142
Variable lease expense	2,486		3,991		4,542		6,205
Short term lease expense	407		180		647		359
Total lease expense	$	10,284	$	9,979	$	19,584	$	17,706

Variable lease expense includes index-based changes in rent, maintenance, real estate taxes, insurance and other variable charges.

We did not recognize any impairment charges associated with showroom-level right-of-use assets during the thirteen and twenty-six weeks ended July 30, 2023 or July 31, 2022.

Future minimum lease payments under non-cancelable leases as of July 30, 2023 were as follows (in thousands):


(amounts in thousands)
2024	$	7,896
2025	30,562
2026	28,231
2027	25,946
2028	23,692
Thereafter	82,929
Total undiscounted future minimum lease payments	199,256
Less: imputed interest	(33,753)
Total present value of lease obligations	165,503
Less: current operating lease liability	(16,072)
Operating lease liability- long term	$	149,431

Supplemental information related to our operating leases is as follows (in thousands):


	Twenty-six weeks ended
(amounts in thousands)	July 30, 2023			July 31, 2022
Operating cash flow information:
Amounts paid on operating lease liabilities	$	14,208		$	8,501
Non-cash activities:
Right-of-use assets obtained in exchange for lease obligations	$	24,676		$	20,702
Weighted average remaining lease term - operating leases	7.6 years			7.3 years
Weighted average discount rate - operating leases	4.55		%	4.01		%