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LEASES (Tables)
 6 Months Ended
Jul. 31, 2021
Leases [Abstract]  
Lease, Cost
The following components of lease expense are included in the Company’s consolidated statements of operations.
 Thirteen Weeks EndedTwenty-six Weeks Ended
July 31, 2021August 1, 2020July 31, 2021August 1, 2020
(in thousands)
Operating lease cost$24,272 $39,042 $50,030 $79,194 
Variable lease cost (1)
10,847 8,692 14,221 19,825 
Total lease cost$35,119 $47,734 $64,251 $99,019 
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(1) Includes short term leases with lease periods of less than 12 months as well as lease abatements accounted for as reductions to variable lease costs under the COVID-19 expedient of approximately $2.3 million and $10.3 million during the Second Quarter 2021 and Year-To-Date 2021, respectively.
Lessee, Operating Lease, Liability, Maturity
As of July 31, 2021, the maturities of lease liabilities were as follows:
July 31, 2021
(in thousands)
Remainder of 2021$82,045 
202272,304 
202349,041 
202427,693 
202518,549 
Thereafter50,872 
Total lease payments (1)
$300,504 
Less: imputed interest$(15,795)
Present value of lease liabilities$284,709 
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(1)For leases in which the Company applied the COVID-19 expedient, it did not remeasure its ROU assets and lease liabilities for rent concessions specific to Fiscal 2021 and beyond. These amounts will be recognized as variable rent costs in future periods in the amount of $27.0 million.