v3.26.1
Leases
6 Months Ended
Aug. 02, 2026
Disclosure Text Block [Abstract]  
Lessee, Operating Leases [Text Block]
10.Leases

 

We have operating leases for warehouses, showrooms, manufacturing facilities, offices and equipment. Sub-lease income totaled $64,000 in the second quarter and $129,000 for the first half of fiscal 2027, compared with $119,000 and $200,000, respectively, in fiscal 2026 periods.

The components of lease cost and supplemental cash flow information for leases for the second quarters and six-months of fiscal 2027 and 2026 were:

 

   Thirteen Weeks Ended   Twenty-Six Weeks Ended 
   August 2,
2026
   August 3,
2025
   August 2,
2026
   August 3,
2025
 
Operating lease cost  $1,708   $2,147   $3,366   $4,319 
Variable lease cost   103    74    182    163 
Short-term lease cost   47    49    94    99 
Total operating lease cost  $1,858   $2,270   $3,642   $4,581 
                     
Operating cash outflows  $1,867   $2,223   $3,636   $4,456 

 

The right-of-use assets and lease liabilities recorded on our condensed consolidated balance sheets as of August 2, 2026 and February 1, 2026 were as follows:

 

   August 2,
2026
   February 1,
2026
 
Real estate  $21,488   $22,328 
Property and equipment   563    687 
Total operating leases right-of-use assets  $22,051   $23,015 
           
Current portion of operating lease liabilities  $5,089   $5,445 
Long term operating lease liabilities   18,865    19,468 
Total operating lease liabilities  $23,954   $24,913 

 

The weighted-average discount rate is 5.1%. The weighted-average remaining lease term is 5.4 years as of August 2, 2026.

 

The following table reconciles the undiscounted future lease payments for operating leases to the operating lease liabilities recorded in the condensed consolidated balance sheets on August 2, 2026:

 

   Undiscounted
Future
Operating
Lease
Payments
 
Remainder of fiscal 2027  $3,400 
2028   4,976 
2029   4,214 
2030   4,189 
2031   4,230 
2032 and thereafter   6,580 
Total lease payments  $27,589 
Less: impact of discounting   (3,635)
Present value of lease payments  $23,954