Leases (Tables)

9 Months Ended

Oct. 30, 2022

Leases [Abstract]

Expense Components Leases Reflected Consolidated Statement of Operations


		Consolidated Statement		Three Months Ended						Nine Months Ended
		of Operations		October 30, 2022			October 31, 2021			October 30, 2022			October 31, 2021
(in thousands)
Finance lease expenses
Amortization of right-of-use ‎assets		Selling, general and ‎administrative expenses		$	840		$	840		$	2,520		$	2,518
Interest on lease liabilities		Interest expense			452			479			1,377			1,460
Total finance lease expense				$	1,292		$	1,319		$	3,897		$	3,978
Operating lease expense		Selling, general and ‎administrative expenses		$	5,045		$	4,806		$	14,151		$	12,606
Amortization of build-to-suit ‎leases capital contribution		Selling, general and ‎administrative expenses			321			321			963			970
Variable lease expense		Selling, general and ‎administrative expenses			2,634			2,141			7,079			6,367
Total lease expense				$	9,292		$	8,587		$	26,090		$	23,921

Other Information Related to Leases


		Nine Months Ended
		October 30, 2022			October 31, 2021
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Financing cash flows from finance leases		$	2,015		$	1,894
Operating cash flows from finance leases		$	1,377		$	1,460
Operating cash flows from operating leases		$	13,577		$	11,774

Right-of-use assets obtained in exchange for lease liabilities:
Finance leases			—			—
Operating leases			24,028			12,547

Weighted-average remaining lease term (in years):
Finance leases			11			12
Operating leases			8			9

Weighted-average discount rate:
Finance leases			4.4%			4.4%
Operating leases			4.1%			4.1%

Future Minimum Lease Payments Under Non-Cancellable Leases


Fiscal year		Finance			Operating
(in thousands)
2022 (remainder of fiscal year)		$	1,132		$	4,899
2023			4,551			20,604
2024			4,736			20,070
2025			5,098			19,403
2026			3,993			18,546
Thereafter			33,224			78,180
Total future minimum lease payments		$	52,734		$	161,702
Less – Discount			(11,781)			(25,699)
Lease liability		$	40,953		$	136,003