Commitments and Contingencies

12 Months Ended

Feb. 02, 2019

(15) Commitments and Contingencies

Operating Leases

The Company leases its retail store, office space, and warehouse locations under non-cancelable operating leases. Certain of these leases include tenant allowances that are amortized over the life of the lease. In 2018, 2017 and 2016, the Company received tenant allowances of $4,405, $10,696, and $16,718, respectively. The Company expects to receive $2,389 in tenant allowances under leases during fiscal year 2019. Certain leases require the Company to pay contingent rental amounts based on a percentage of sales, in addition to real estate taxes, insurance, maintenance and other operating expenses associated with the leased premises. These agreements expire at various dates through July 2030 and generally contain three, five-year renewal options. Rent expense under these leases totaled $54,027, $49,860, and $37,132, for the fiscal years ended February 2, 2019, February 3, 2018, and January 28, 2017, respectively.

Future minimum lease payments for non-cancelable operating leases by fiscal year, as of February 2, 2019 are as follows:


Fiscal Year:

2019		47,551
2020		46,824
2021		43,070
2022		38,160
2023		33,246
Thereafter		74,821
	$	283,672

Legal Matters

The Company is involved in various legal matters generally incidental to its business. After discussion with legal counsel, management is not aware of any matters for which the likelihood of a loss is probable and reasonably estimable and which could have a material impact on its consolidated financial condition, liquidity, or results of operations.