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Leases (Tables)
9 Months Ended
Oct. 29, 2022
Leases [Abstract]  
Summary of lease expense

In accordance with ASC 842, total lease expense was comprised of the following:

 

 

 

Thirteen Weeks Ended

 

 

Thirty-Nine Weeks Ended

 

 

 

October 29,

 

 

October 30,

 

 

October 29,

 

 

October 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease expense

 

$

14,729

 

 

$

14,365

 

 

$

43,674

 

 

$

42,067

 

Variable lease expense

 

 

4,635

 

 

 

4,173

 

 

 

13,697

 

 

 

12,730

 

Short-term lease expense

 

 

337

 

 

 

398

 

 

 

921

 

 

 

878

 

Total lease expense

 

$

19,701

 

 

$

18,936

 

 

$

58,292

 

 

$

55,675

 

Schedule of other information

In accordance with ASC 842, other information related to leases was as follows:

 

 

 

Thirty-Nine Weeks Ended

 

 

 

October 29,

 

 

October 30,

 

 

 

2022

 

 

2021

 

Operating cash flows from operating leases

 

$

(47,402

)

 

$

(44,094

)

 

 

 

As of October 29,

 

 

As of October 30,

 

 

 

2022

 

 

2021

 

Right-of-use assets obtained in exchange for new or remeasured operating lease liabilities

 

$

46,050

 

 

$

27,979

 

Terminated right-of-use assets and liabilities

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

5.83

 

 

 

5.83

 

Weighted-average discount rate - operating leases

 

 

8.06

%

 

 

8.29

%

Schedule of maturities of operating lease liabilities

In accordance with ASC 842, maturities of operating lease liabilities as of October 29, 2022 were as follows:

 

 

 

Operating

 

Year Endings:

 

Leases

 

2022 (remainder)

 

$

16,359

 

 2023

 

 

66,188

 

 2024

 

 

58,391

 

 2025

 

 

51,831

 

 2026

 

 

46,666

 

Thereafter

 

 

174,520

 

Undiscounted cash flows

 

$

413,955

 

Reconciliation of lease liabilities:

 

 

 

Present values

 

$

304,535

 

Lease liabilities - current

 

 

43,440

 

Lease liabilities - noncurrent

 

 

261,095

 

Lease liabilities - total

 

$

304,535

 

Difference between undiscounted and discounted cash flows

 

$

109,420