Leases

3 Months Ended

May 02, 2026

The Company leases office space under operating lease agreements that are non-cancelable and have remaining lease terms ranging from one year to approximately five years. The Company is required to pay property taxes, insurance, and normal maintenance costs for certain of these facilities.

Operating lease costs comprises the following (in thousands):


	Three Months Ended
		May 2, 2026		May 3, 2025
Operating lease cost		$	4,057	$	4,741
Short-term lease cost		343		353
Sublease income		(217)		(358)
Total lease cost		$	4,183	$	4,736

Supplemental information related to operating leases was as follows (in thousands, except for weighted-average data):


	Three Months Ended
		May 2, 2026		May 3, 2025
Cash paid for operating leases		$	4,731	$	6,219
Right-of-use ("ROU") assets obtained under new or modified operating leases		$	—	$	6,768


	As of
	May 2, 2026	January 31, 2026
Weighted-average remaining lease term—operating leases (in years)	4.3	4.5
Weighted-average discount rate—operating leases	5.52%	5.48%

Future minimum lease payments included in the measurement of operating lease liabilities as of May 2, 2026 were as follows (in thousands):


Fiscal Years Ending	Amount
Remainder of 2027	$	11,568
2028	16,839
2029	16,406
2030	15,860
2031	14,408
2032 and thereafter	3,645
Total future minimum lease payments (1)	78,726
Less: imputed interest	(9,706)
Total operating lease liabilities	$	69,020

__________

(1)The contractual commitment amounts under operating leases in the table above are primarily related to facility leases for the corporate office facilities in San Francisco, California, as well as other offices for local operations.