XML 30 R17.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Leases | 6 Months Ended
--- | ---
Jul. 28, 2024
Disclosure Text Block [Abstract] |
Lessee, Operating Leases [Text Block] | 9. Leases We have operating leases for warehouses, showrooms, manufacturing facilities, offices and equipment. We recognized sub-lease income of $18,000 and $71,000 for the second quarter and first half of fiscal 2025, respectively. We recognized sub-lease income of $45,000 and $74,000 for the second quarter and first half of fiscal 2024, respectively. The components of lease cost and supplemental cash flow information for leases for the three-months and six-months ended July 28, 2024 and July 30, 2023 were:
|  | Thirteen Weeks Ended |  |  | Twenty-Six Weeks Ended |
|  | July 28, 2024 |  |  | July 30, 2023 |  |  | July 28, 2024 |  |  | July 30, 2023 |
Operating lease cost |  | $ | 2,533 |  |  | $ | 2,862 |  |  | $ | 5,060 |  |  | $ | 5,700 |
Variable lease cost |  |  | 83 |  |  |  | 70 |  |  |  | 188 |  |  |  | 152 |
Short-term lease cost |  |  | 83 |  |  |  | 92 |  |  |  | 199 |  |  |  | 170 |
Total operating lease cost |  | $ | 2,699 |  |  | $ | 3,024 |  |  | $ | 5,447 |  |  | $ | 6,022 |
Operating cash outflows |  | $ | 2,554 |  |  | $ | 2,679 |  |  | $ | 5,163 |  |  | $ | 5,371 |
The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of July 28, 2024 and January 28, 2024 were as follows:
|  | July 28, 2024 |  |  | January 28, 2024 |
Real estate |  | $ | 47,282 |  |  | $ | 49,968 |
Property and equipment |  |  | 687 |  |  |  | 833 |
Total operating leases right-of-use assets |  | $ | 47,969 |  |  | $ | 50,801 |
Current portion of operating lease liabilities |  | $ | 7,327 |  |  | $ | 6,964 |
Long term operating lease liabilities |  |  | 43,504 |  |  |  | 46,414 |
Total operating lease liabilities |  | $ | 50,831 |  |  | $ | 53,378 |
The weighted-average discount rate is 5.17%. The weighted-average remaining lease term is 6.6 years. The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on July 28, 2024:
|  | Undiscounted Future Operating Lease Payments |
Remainder of fiscal 2025 |  | $ | 4,861 |
2026 |  |  | 9,859 |
2027 |  |  | 9,709 |
2028 |  |  | 8,034 |
2029 |  |  | 7,350 |
2030 and thereafter |  |  | 20,994 |
Total lease payments |  | $ | 60,807 |
Less: impact of discounting |  |  | (9,976 | )
Present value of lease payments |  | $ | 50,831 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration