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COMMITMENTS AND CONTINGENCIES
12 Months Ended
Feb. 02, 2019
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES
Operating Lease Commitments
The Company leases all of its stores, corporate offices, and distribution facilities (except the Ft. Payne, Alabama distribution center which the Company owns), and certain office equipment, store fixtures, and automobiles, under operating leases expiring through 2029. The leases require fixed minimum annual rental payments plus, under the terms of certain leases, additional payments for taxes, other expenses, and additional rent based upon sales.
Store, corporate offices, and distribution facilities minimum rent, contingent rent, and sublease income are as follows:
 
 
Fiscal Year Ended
 
 
February 2, 2019
 
February 3,
2018
 
January 28,
2017
 
 
(In thousands)
Minimum rentals
 
153,017

 
154,493

 
157,647

Additional rent based upon sales
 
2,042

 
1,924

 
1,367

Sublease income
 
(1,395
)
 
(2,592
)
 
(2,275
)

Future minimum annual lease payments under the Company's operating leases at February 2, 2019 were as follows:
 
 
Minimum Operating Lease Payments
 
 
(In thousands)
2019
 
$
143,601

2020
 
117,037

2021
 
86,788

2022
 
57,734

2023
 
32,218

Thereafter
 
50,263

Total minimum lease payments
 
$
487,641


Purchase Commitments
As of February 2, 2019, the Company has entered into various purchase commitments for merchandise for re-sale of approximately $122.4 million and approximately $14.5 million for equipment, construction, and other non-merchandise commitments.
Loss Contingency for Foreign Exchange Control Penalties
During the fourth quarter of Fiscal 2016, the Company determined that one of its foreign subsidiaries had not complied with local foreign exchange control funding regulations related to offshore funding of those operations. The Company has taken steps during Fiscal 2017 to report the noncompliance to the foreign jurisdiction at issue under a voluntary disclosure program. The Company has concluded that, based on currently available information, a reasonable estimate of penalties payable by the Company arising from the matter will range between $2.2 million and $2.8 million.  In making its estimates, however, the Company notes that this range is based on currently available information and involves elements of judgment and significant uncertainties, and that actual penalties may exceed the high end of the range.  The Company has recorded a provision for potential penalties, arising from this matter, totaling $2.2 million in its consolidated financial statements.