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Leases (Tables)
12 Months Ended
Jan. 28, 2024
Leases [Abstract]  
Expense Components Leases Reflected Consolidated Statement of Operations

Consolidated Statement of Operations

January 28, 2024

January 29, 2023

(in thousands)

Finance lease expense

Amortization of right-of-use
assets

Selling, general and administrative expenses

$

3,361

$

3,361

Interest on lease liabilities

Interest expense

1,709

1,822

Total finance lease expense

$

5,070

$

5,183

Operating lease expense

Selling, general and administrative expenses

$

20,267

$

18,725

Amortization of build-to-suit leases

capital contribution

Selling, general and administrative expenses

1,284

1,284

Variable lease expense

Selling, general and administrative expenses

10,927

10,380

Total lease expense

$

37,548

$

35,572

Other Information Related to Leases

January 28, 2024

January 29, 2023

(in thousands)

Cash paid for amounts included in the measurement of lease liabilities:

Financing cash flows from finance leases

$

2,842

$

2,701

Operating cash flows from finance leases

$

1,709

$

1,822

Operating cash flows from operating leases

$

20,842

$

18,477

Right-of-use assets obtained in exchange for lease liabilities:

Operating leases

$

5,468

$

25,297

Weighted-average remaining lease term (in years):

Finance leases

10

11

Operating leases

7

8

Weighted-average discount rate:

Finance leases

4.5%

4.4%

Operating leases

4.2%

4.1%

Future Minimum Lease Payments Under Non-Cancellable Leases

Finance

Operating

Fiscal year

Leases

Leases

(in thousands)

2024

$

4,736

$

21,205

2025

5,099

20,613

2026

3,993

19,660

2027

3,993

18,411

2028

4,017

16,631

Thereafter

25,214

46,794

Total future minimum lease payments

$

47,052

$

143,314

Less - Discount

9,627

20,500

Lease liability

$

37,425

$

122,814