Leases

12 Months Ended

Feb. 02, 2019

11. Leases:

The Company has operating lease arrangements for store facilities and equipment. Facility leases generally are at a fixed rate for periods of five years with renewal options. For leases with landlord capital improvement funding, the funded amount is recorded as a deferred liability and amortized over the term of the lease as a reduction to rent expense on the Consolidated Statements of Income and Comprehensive Income. Equipment leases are generally for one-to three-year periods.

The minimum rental commitments under non-cancelable operating leases are (in thousands):


Fiscal Year

2019	$	69,601
2020		51,943
2021		35,196
2022		21,242
2023		12,986
Thereafter		2,643
Total minimum lease payments	$	193,611

The following schedule shows the composition of total rental expense for all leases (in thousands):

	February 2, 2019		February 3, 2018		January 28, 2017
Fiscal Year Ended	February 2, 2019		February 3, 2018		January 28, 2017
Minimum rentals	$	69,871	$	70,971	$	70,681
Contingent rent		1		-		3
Total rental expense	$	69,872	$	70,971	$	70,684