v3.26.1
Leases (Tables)
 3 Months Ended
May 02, 2026
Leases [Abstract]  
Components of net lease cost
The following table is a summary of the Company's components for net lease costs (in thousands):
Thirteen Weeks Ended
Lease CostMay 2, 2026May 3, 2025
Operating lease cost$91,425 $83,568 
Variable lease cost28,679 25,846 
Net lease cost*$120,104 $109,414 
* Excludes short-term lease cost, which is immaterial
The following table summarizes the supplemental cash flow disclosures related to leases (in thousands):
Thirteen Weeks Ended
May 2, 2026May 3, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Cash payments arising from operating lease liabilities (1)
$86,383 $69,608 
Supplemental non-cash information:
Operating lease liabilities arising from obtaining right-of-use assets$23,332 $41,475 
(1) Included within operating activities in the Company's Consolidated Statements of Cash Flows.
Maturity of lease liabilities under operating leases
The following table summarizes the maturity of lease liabilities under operating leases as of May 2, 2026 (in thousands):
Maturity of Lease LiabilitiesOperating Leases
2026$302,825 
2027391,122 
2028366,967 
2029334,245 
2030289,291 
After 2030704,910 
Total lease payments2,389,360 
Less: imputed interest390,651 
Present value of lease liabilities$1,998,709