Leases (Tables)

3 Months Ended

May 03, 2026

Leases [Abstract]

Schedule of Expense Components Leases Reflected Consolidated Statement of Operations

The expense components of the Company’s leases reflected on the Company’s condensed consolidated statement of operations were as follows:


		Consolidated Statement		Three Months Ended
		of Operations		May 3, 2026				May 4, 2025
(in thousands)
Finance lease expense
Amortization of right-of- use assets		Selling, general and administrative expenses		$	722			$	722
Interest on lease liabilities		Interest expense			339				368
Total finance lease expense				$	1,061			$	1,090
Operating lease expense		Selling, general and administrative expenses		$	4,871			$	4,898
Amortization of build-to- suit leases capital contribution		Selling, general and administrative expenses			321				321
Variable lease expense		Selling, general and administrative expenses			3,061				2,801
Total lease expense				$	9,314			$	9,110

Schedule of Other Information Related to Leases

Other information related to leases were as follows:


		Three Months Ended
		May 3, 2026				May 4, 2025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Financing cash flows from finance leases		$	659			$	622
Operating cash flows from finance leases		$	339			$	368
Operating cash flows from operating leases		$	5,061			$	4,921

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases		$	144			$	1,398

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

Weighted-average discount rate:
Finance leases			4.5	%			4.5	%
Operating leases			4.7	%			4.4	%

Schedule of Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease payments under the non-cancellable leases are as follows as of May 3, 2026:


Fiscal year		Finance				Operating
(in thousands)
2026 (remainder of fiscal year)		$	2,995			$	15,288
2027			3,993				19,182
2028			4,017				17,276
2029			4,217				14,638
2030			4,369				13,470
Thereafter			16,628				20,947
Total future minimum lease payments		$	36,219			$	100,801
Less – Discount			(6,257	)			(12,224	)
Lease liability		$	29,962			$	88,577