Leases (Tables)

6 Months Ended

Aug. 03, 2019

Office equipment and other transportation equipment operating lease cost is included in store operating, selling and administrative expenses in the unaudited condensed consolidated statement of operations.

	13 Weeks Ended August 3, 2019			26 Weeks Ended August 3, 2019
Operating lease cost	$	18,404		$	35,542
Finance lease cost:
Amortization of assets		223			460
Interest on lease liabilities		58			123
Variable lease cost		(281	)		104
	$	18,404		$	36,229

Supplemental Balance Sheet Information

The following table provides supplemental balance sheet information as of August 3, 2019, related to leases:

Weighted average remaining lease term (in years):
Operating leases	5
Finance leases	3

Weighted average discount rate:
Operating leases	4.2	%
Finance leases	13.5	%

Supplemental Cash Flow and Other Information Related to Leases

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases	$	35,225
Operating cash flows from finance leases	$	123
Financing cash flows from finance leases	$	481

ROU assets obtained in exchange for lease liabilities, net
Operating leases	$	19,416
Finance leases	$	-

Maturities of Lease Liabilities

Maturities of lease liabilities as of August 3, 2019 (in thousands):

	Operating		Finance		Total
Remainder of Fiscal 2020	$	30,905	$	579	$	31,484
Fiscal 2021		68,345		869		69,214
Fiscal 2022		54,803		383		55,186
Fiscal 2023		40,049		343		40,392
Fiscal 2024		27,267		240		27,507
Thereafter		47,798		23		47,821
Total minimum lease payments		269,167		2,437		271,604
Less amount representing interest		27,008		392		27,400
	$	242,159	$	2,045	$	244,204

Future Lease Payments Under Non-Cancelable Leases

As previously disclosed in our 2019 Annual Report on Form 10-K and under the previous lease accounting standard, future minimum lease payments due under non-cancelable capital and operating leases as of February 2, 2019 were as follows:

	Capital		Operating		Total
Fiscal 2020	$	1,259	$	68,002	$	69,261
Fiscal 2021		951		58,666		59,617
Fiscal 2022		451		46,683		47,134
Fiscal 2023		408		34,011		34,419
Fiscal 2024		306		22,426		22,732
Thereafter		217		40,181		40,398
Total minimum lease payments		3,592		269,969		273,561
Less amount representing interest		581		-		581
	$	3,011	$	269,969	$	272,980