v3.22.2.2
Leases - (Tables)
 9 Months Ended
Nov. 06, 2022
Leases [Abstract]  
Components of Lease Cost
The components of lease costs during the periods presented were as follows (in thousands):
Third Quarter of Fiscal
First Three Quarters of Fiscal
2022202320222023
Fixed operating lease cost$9,652 $13,412 $28,717 $34,483 
Variable lease cost (1)
2,851 931 6,499 4,753 
Short-term lease cost (12 months or less)851 1,096 2,984 2,712 
Finance lease cost:
Amortization of finance lease right-of-use assets91 926 152 1,929 
Interest on finance lease liabilities13 98 18 197 
Total finance lease cost$104 $1,024 $170 $2,126 
Total lease cost$13,458 $16,463 $38,370 $44,074 
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(1) Variable lease cost predominantly included common area maintenance charges.
Supplemental information related to leases is as follows (in thousands):
At the End of
Fiscal 2022
Third Quarter of Fiscal 2023
Operating leases:
Weighted-average remaining lease term (in years)4.55.5
Weighted-average discount rate5.7 %6.1 %
Finance leases:
Finance lease right-of-use assets, gross(1)
$3,577 $17,597 
     Accumulated amortization(1)
(384)(2,313)
Finance lease right-of-use assets, net(1)
$3,193 $15,284 
Finance lease liabilities, current(2)
1,035 5,367 
Finance lease liabilities, non-current(3)
1,487 5,378 
Total finance lease liabilities$2,522 $10,745 
Weighted-average remaining lease term (in years)3.63.5
Weighted-average discount rate2.7 %4.9 %
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(1) Included in the condensed consolidated balance sheets within property and equipment, net.
(2) Included in the condensed consolidated balance sheets within accrued expenses and other liabilities.
(3) Included in the condensed consolidated balance sheets within other liabilities, non-current.
Schedule of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases is as follows (in thousands):
First Three Quarters of Fiscal
20222023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases$27,379 $38,853 
Financing cash outflows for finance leases$414 $5,323 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$3,594 $77,986 
Finance leases$3,110 $14,019 
Schedule of Future Operating Lease Payments
Future lease payments under our non-cancelable leases at the end of the third quarter of fiscal 2023 were as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
The remainder of 2023$11,256 $681 
202442,783 5,839 
202544,900 4,728 
202634,261 183 
202720,968 — 
Thereafter65,336 — 
Total future lease payments219,504 11,431 
Less: imputed interest(41,280)(686)
Present value of total lease liabilities$178,224 $10,745