Leases (Tables)

6 Months Ended

Aug. 03, 2025

Leases [Abstract]

Expense Components Leases Reflected Consolidated Statement of Operations


		Consolidated Statement		Three Months Ended						Six Months Ended
		of Operations		August 3, 2025			July 28, 2024			August 3, 2025			July 28, 2024
(in thousands)
Finance lease expenses
Amortization of right-of-use ‎assets		Selling, general and ‎administrative expenses		$	723		$	814		$	1,445		$	1,652
Interest on lease liabilities		Interest expense			362			398			730			807
Total finance lease expense				$	1,085		$	1,212		$	2,175		$	2,459
Operating lease expense		Selling, general and ‎administrative expenses		$	4,908		$	5,502		$	9,806		$	10,595
Amortization of build-to-suit ‎leases capital contribution		Selling, general and ‎administrative expenses			321			321			642			642
Variable lease expense		Selling, general and ‎administrative expenses			2,855			3,039			5,656			5,961
Total lease expense				$	9,169		$	10,074		$	18,279		$	19,657

Other Information Related to Leases


		Six Months Ended
		August 3, 2025			July 28, 2024
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Financing cash flows from finance leases		$	1,251		$	1,521
Operating cash flows from finance leases		$	730		$	807
Operating cash flows from operating leases		$	9,873		$	10,565

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases		$	2,689		$	-

Weighted-average remaining lease term (in years):
Finance leases			9			10
Operating leases			6			7

Weighted-average discount rate:
Finance leases			4.5%			4.5%
Operating leases			4.4%			4.2%

Future Minimum Lease Payments Under Non-Cancellable Leases


Fiscal year		Finance			Operating
(in thousands)
2025 (remainder of fiscal year)		$	1,991			10,080
2026			3,993			20,076
2027			3,993			18,773
2028			4,017			16,866
2029			4,217			14,346
Thereafter			20,997			34,081
Total future minimum lease payments		$	39,208		$	114,222
Less – Discount			(7,297)			(14,437)
Lease liability		$	31,911		$	99,785