v3.26.1
Operating Leases (Tables)
12 Months Ended
Jan. 31, 2026
Leases [Abstract]  
Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

 

 

 

For the Fiscal Year Ended

 

Lease Cost

 

Classification

 

January 31, 2026

 

 

February 1, 2025

 

 

February 3, 2024

 

Operating lease cost

 

SG&A Expenses

 

$

43,492

 

 

$

39,866

 

 

$

39,102

 

Variable lease cost

 

SG&A Expenses

 

 

2,382

 

 

 

3,675

 

 

 

3,089

 

Total lease cost

 

 

 

$

45,874

 

 

$

43,541

 

 

$

42,191

 

Schedule Of Lease Terms And Discount Rate

The weighted average remaining lease term and weighted average discount rate for our operating leases are as follows:

 

Lease Term and Discount Rate

 

January 31, 2026

 

Weighted-average remaining lease term (in years)

 

 

 

Operating leases

 

 

5.1

 

Weighted-average discount rate

 

 

 

Operating leases

 

 

6.9

%

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of January 31, 2026 were as follows (in thousands):

 

Fiscal Year

 

Operating Leases(1)

 

2026

 

 

43,800

 

2027

 

 

40,047

 

2028

 

 

30,215

 

2029

 

 

23,777

 

2030

 

 

14,307

 

Thereafter

 

 

29,958

 

Subtotal

 

 

182,104

 

Less: Imputed interest

 

 

30,614

 

Present value of lease liabilities

 

$

151,490

 

(1)
There were no operating leases with legally binding minimum lease payments for leases signed but for which the Company has not taken possession.