Leases

9 Months Ended

Oct. 28, 2023

Our lease costs reflected in the tables below include minimum base rents, common area maintenance charges and heating, ventilation and air conditioning charges. We recognize such lease costs in the applicable expense category in either cost of goods sold, or selling, general and administrative expenses in the condensed consolidated statements of operations and comprehensive (loss) income.

Our lease costs during the three- and nine-month periods ended October 28, 2023 and October 29, 2022 consist of the following (in thousands):


	Three Months Ended				Nine Months Ended
	October 28, 2023		October 29, 2022		October 28, 2023		October 29, 2022
Operating (fixed) lease cost	$	13,615	$	13,413	$	39,960	$	38,874
Short-term lease cost	38		55		104		150
Variable lease cost	4,727		4,557		15,203		13,411
Total lease cost	$	18,380	$	18,025	$	55,267	$	52,435

Other supplementary information related to our leases is reflected in the table below (in thousands, except lease term and discount rate data):


	Nine Months Ended
	October 28, 2023			October 29, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	45,153		$	43,287
Right-of-use assets obtained in exchange for new operating lease liabilities	$	15,263		$	12,458
(Increase) decrease in right-of-use assets resulting from operating lease modifications or remeasurements	$	(4,461)		$	8,243
Weighted average remaining lease term - operating leases	6 years			6 years
Weighted average discount rate - operating leases	7		%	6		%