Summary of Significant Accounting Policies (Tables)

9 Months Ended

Oct. 29, 2022

The following table summarizes net sales from our retail stores and e-commerce (in thousands):


	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021
Retail stores	$	141,539	$	165,255	$	396,109	$	457,557
E-commerce	36,308		40,841		95,821		113,648
Total net sales	$	177,847	$	206,096	$	491,930	$	571,205

The following table summarizes the percentage of net sales by department:


	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021
Mens	36	%	37	%	36	%	36	%
Womens	25	%	25	%	26	%	27	%
Accessories	19	%	18	%	17	%	16	%
Footwear	11	%	10	%	12	%	11	%
Boys	4	%	5	%	4	%	5	%
Girls	4	%	4	%	4	%	4	%
Hardgoods/Outdoor	1	%	1	%	1	%	1	%
Total net sales	100	%	100	%	100	%	100	%

The following table summarizes the percentage of net sales by third-party and proprietary branded merchandise:


	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021
Third-party	69	%	68	%	69	%	70	%
Proprietary	31	%	32	%	31	%	30	%
Total net sales	100	%	100	%	100	%	100	%

Lessee, Operating Lease, Liability, Maturity

The maturity of operating lease liabilities and sublease income as of October 29, 2022 were as follows (in thousands):


Fiscal Year	Related Party		Other		Total		Sublease Income
2022	$	966	$	17,011	$	17,977	$	22
2023	3,932		60,804		64,736		90
2024	4,085		50,941		55,026		95
2025	4,244		41,384		45,628		99
2026	4,411		30,148		34,559		104
Thereafter	13,491		71,619		85,110
Total minimum lease payments	31,129		271,907		303,036		410
Less: Amount representing interest	5,229		45,239		50,468		—
Present value of operating lease liabilities	$	25,900	$	226,668	$	252,568	$	410

Schedule of Lease Expense and Supplemental Lease Information

Lease expense for the thirteen and thirty-nine week periods ended October 29, 2022 and October 30, 2021 was as follows (in thousands):


	Thirteen Weeks Ended October 29, 2022						Thirteen Weeks Ended October 30, 2021
	Cost of goods sold		SG&A		Total		Cost of goods sold		SG&A		Total
Fixed operating lease expense	$	16,230	$	331	$	16,561	$	15,092	$	321	$	15,413
Variable lease expense	4,274		10		4,284		4,907		15		4,922
Total lease expense	$	20,504	$	341	$	20,845	$	19,999	$	336	$	20,335


	Thirty-Nine Weeks Ended October 29, 2022						Thirty-Nine Weeks Ended October 30, 2021
	Cost of goods sold		SG&A		Total		Cost of goods sold		SG&A		Total
Fixed operating lease expense	$	47,221	$	972	$	48,193	$	45,338	$	959	$	46,297
Variable lease expense	12,285		33		12,318		13,642		16		13,658
Total lease expense	$	59,506	$	1,005	$	60,511	$	58,980	$	975	$	59,955

For the thirteen and thirty-nine weeks ended October 30, 2021, we corrected an immaterial error of $94 thousand and $283 thousand, respectively, which consisted solely of a reclassification of fixed operating lease expense from SG&A to cost of goods sold, on the table above.

Supplemental lease information for the thirty-nine weeks ended October 29, 2022 and October 30, 2021 was as follows:


	Thirty-Nine Weeks Ended October 29, 2022	Thirty-Nine Weeks Ended October 30, 2021
Cash paid for amounts included in the measurement of operating lease liabilities (in thousands)	$52,971	$51,823
Weighted average remaining lease term (in years)	5.8 years	5.6 years
Weighted average interest rate (1)	6.32%	6.16%

(1) Since our leases do not provide an implicit rate, we use our incremental borrowing rate ("IBR") on date of adoption, at lease inception, or lease modification in determining the present value of future minimum payments.