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Leases (Tables)

3 Months Ended

Apr. 29, 2023

Leases [Abstract]

Summary of Lease Cost

The Company's lease cost is comprised of the following:

		Three Months Ended
		April 29,				April 30,
(in thousands)		2023				2022
Operating lease cost		$	3,797			$	6,320
Variable operating lease cost			28				234
Total lease cost		$	3,825			$	6,554

The operating lease cost for the three months ended April 29, 2023, included a benefit of $779 for the correction of an error recorded within SG&A expenses related to a lease modification that occurred during fiscal 2022 for a Vince retail store, leading to an overstatement of the ROU assets and an overstatement of the lease obligations in fiscal 2022.

Summary of Future Maturity of Lease Liabilities

As of April 29, 2023, the future maturity of lease liabilities are as follows:

				April 29,
(in thousands)				2023
Fiscal 2023				$	18,912
Fiscal 2024					21,990
Fiscal 2025					15,349
Fiscal 2026					11,698
Fiscal 2027					8,985
Thereafter					28,534
Total lease payments					105,468
Less: Imputed interest					(19,070	)
Total operating lease liabilities				$	86,398

X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980

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X

- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
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X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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