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Leases (Tables) | 12 Months Ended
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Feb. 01, 2025
Leases [Abstract] |
Maturity of Operating Lease Liabilities | The maturity of operating lease liabilities as of February 1, 2025 were as follows (in thousands):
Fiscal Year | Related Party |  | Other |  | Total |  | Sublease Income
2025 | $ | 4,244 |  |  | $ | 58,773 |  |  | $ | 63,017 |  |  | $ | 99 |
2026 | 4,411 |  |  | 43,008 |  |  | 47,419 |  |  | 105 |
2027 | 4,167 |  |  | 33,406 |  |  | 37,573 |  |  | — |
2028 | 2,251 |  |  | 23,400 |  |  | 25,651 |  |  | — |
2029 | 2,363 |  |  | 16,663 |  |  | 19,026 |  |  | — |
Thereafter | 4,710 |  |  | 32,163 |  |  | 36,873 |  |  | — |
Total minimum lease payments | 22,146 |  |  | 207,413 |  |  | 229,559 |  |  | 204 |
Less: Amount representing interest | 2,879 |  |  | 32,813 |  |  | 35,692 |  |  | — |
Present value of operating lease liabilities | $ | 19,267 |  |  | $ | 174,600 |  |  | $ | 193,867 |  |  | $ | 204 |
Lease Expense | Lease expense for fiscal years 2024, 2023 and 2022 was as follows (in thousands):
|  | Fiscal Year Ended
|  | February 1, 2025 |  | February 3, 2024 |  | January 28, 2023
|  | COGS |  | SG&A |  | Total |  | COGS |  | SG&A |  | Total |  | COGS |  | SG&A |  | Total
Fixed operating lease expense |  | $ | 66,837 |  |  | $ | 1,429 |  |  | $ | 68,266 |  |  | $ | 64,868 |  |  | $ | 1,403 |  |  | $ | 66,271 |  |  | $ | 63,252 |  |  | $ | 1,317 |  |  | $ | 64,569 |
Variable lease expense |  | 14,875 |  |  | 42 |  |  | 14,917 |  |  | 19,271 |  |  | 70 |  |  | 19,341 |  |  | 16,605 |  |  | 44 |  |  | 16,649 |
Total lease expense |  | $ | 81,712 |  |  | $ | 1,471 |  |  | $ | 83,183 |  |  | $ | 84,139 |  |  | $ | 1,473 |  |  | $ | 85,612 |  |  | $ | 79,857 |  |  | $ | 1,361 |  |  | $ | 81,218 |
Supplemental lease information for the fiscal year ended February 1, 2025, February 3, 2024 and January 28, 2023 was as follows:
| Fiscal Year Ended
| February 1, 2025 |  | February 3, 2024 |  | January 28, 2023
Cash paid for amounts included in the measurement of operating lease liabilities (in thousands) | $ | 73,018 |  |  | $ | 71,751 |  |  | $ | 69,839 |
Weighted average remaining lease term (in years) | 4.93 years |  | 5.42 years |  | 5.71 years
Weighted average interest rate (1) | 6.68 | % |  | 6.63 | % |  | 6.33 | %
(1) Since our leases do not provide an implicit rate, we used our incremental borrowing rate ("IBR") at lease inception, or lease modification, in determining the present value of future minimum payments. In determining an appropriate IBR, our assumptions included using a consistent discount rate for a portfolio of leases entered into at varying dates, using the full 10-year term of the lease, excluding any options, and using the total minimum lease payments.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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