v3.22.2.2
Commitments and Contingencies (Tables)
 9 Months Ended
Oct. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of lease terms and rates
The Company’s lease terms and rates are as follows:
 October 30,
2022
Weighted average remaining lease term (in years)
Operating Leases7.5
 
Weighted average discount rate
Operating Leases4.07 %
Schedule of location and amount of operating lease costs within condensed consolidated balance sheets
The following table discloses the location and amount of our operating lease costs within our condensed balance sheets:
(amounts in thousands)Balance sheet locationOctober 30,
2022
Assets  
Operating leasesOperating lease right-of-use assets (non-current)$133,075 
  
Liabilities 
Current: 
Operating leasesCurrent operating lease liabilities$20,774 
  
Noncurrent: 
Operating leasesOperating lease liability, long term130,229 
  
Total lease liabilities $151,003 
Schedule to reconcile undiscounted future minimum lease payments
The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed balance sheet as of October 30, 2022:
(amounts in thousands)
Remainder 2023$6,600 
202426,537 
202525,415 
202623,204 
202720,806 
Thereafter74,588 
Total undiscounted future minimum lease payments177,150 
Less: imputed interest(26,147)
Total present value of lease obligations151,003 
Less: current operating lease liability(20,774)
Operating lease liability- long term$130,229 
Schedule of supplemental cash flow information and non-cash activity related to operating leases
Supplemental Cash Flow information and non-cash activity related to our operating leases is as follows:
(amounts in thousands)
For the Thirty-nine weeks ended
October 30, 2022
For the Thirty-nine weeks ended
October 31, 2021
Operating cash flow information: 
Amounts paid on operating lease liabilities$13,227 $10,396 
Non-cash activities
Right-of-use assets obtained in exchange for lease obligations$44,934 $106,415