Leases (Tables)

3 Months Ended

Nov. 01, 2019

Leases [Abstract]

Components of Lease Cost for Operating Leases

The following table summarizes the components of lease cost for operating leases for the quarter ended November 1, 2019:

Operating lease cost	$	19,856
Short term lease cost		384
Variable lease cost		451
Total lease cost	$	20,691

Supplemental Cash Flow Information and Non-cash Activity Related to Operating Leases

The following table summarizes supplemental cash flow information and non-cash activity related to the Company’s operating leases for the three months ended November 1, 2019:

Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities	$	19,546
Noncash information:
Right-of-use assets obtained in exchange for new operating lease liabilities		3,838
Lease modifications granting additional right-of-use assets		6,826
Lease modifications removing right-of-use assets		(649	)

Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate for Operating Leases

The following table summarizes the weighted-average remaining lease term and the weighted-average discount rate for operating leases as of November 1, 2019:

Weighted-average remaining lease term	18.11 Years
Weighted-average discount rate		3.85	%

Maturities of Undiscounted Cash Flows Reconciled to Total Lease Liability

The following table summarizes the maturities of undiscounted cash flows reconciled to the total lease liability as of November 1, 2019:

Year	Total
Remainder of 2020	$	58,082
2021		46,975
2022		40,480
2023		36,676
2024		36,530
Thereafter		532,648
Total future minimum lease payments		751,391
Less imputed remaining interest		(233,622	)
Total present value of operating lease liabilities	$	517,769

Maturities of Lease Commitments Prior to Adoption of New Lease Guidance

 The following table summarizes the maturities of lease commitments as of August 2, 2019, prior to the adoption of the new lease guidance, as previously disclosed in our 2019 Form 10-K:

Year	Total
2020	$	69,249
2021		40,962
2022		36,280
2023		33,639
2024		34,020
Thereafter		515,169
Total	$	729,319