Summary of Significant Accounting Policies (Tables)

3 Months Ended

May 02, 2020

The following table summarizes net sales from our retail stores and e-commerce (in thousands):



	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
Retail stores	$	46,953	$	110,636
E-commerce	30,336		19,667
Total net sales	$	77,289	$	130,303

The following table summarizes the percentage of net sales by department:



	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
Mens	34	%	34	%
Womens	27	%	26	%
Accessories	15	%	17	%
Footwear	14	%	14	%
Boys	5	%	5	%
Girls	5	%	4	%
Total net sales	100	%	100	%

The following table summarizes the percentage of net sales by third-party and proprietary branded merchandise:



	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
Third-party	75	%	74	%
Proprietary	25	%	26	%
Total net sales	100	%	100	%

Schedule of Operating Lease Liability

The maturity of operating lease liabilities as of May 2, 2020 were as follows (in thousands):



Fiscal Year
2020	$	49,542
2021	61,446
2022	54,508
2023	45,400
2024	34,732
Thereafter	75,088
Total minimum lease payments	320,716
Less: Amount representing interest	36,649
Present value of operating lease liabilities	$	284,067

Schedule of Lease Expense and Supplemental Lease Information

As of May 2, 2020, additional operating lease contracts that have not yet commenced are immaterial.

Lease expense for the thirteen week period ended May 2, 2020 and May 4, 2019 was as follows (in thousands):



	Thirteen Weeks Ended May 2, 2020						Thirteen Weeks Ended May 4, 2019
	Cost of goods sold		SG&A		Total		Cost of goods sold		SG&A		Total
Fixed operating lease expense	$	15,514	$	401	$	15,915	$	15,459	$	385	$	15,844
Variable lease expense	3,819		22		3,841		3,865		43		3,908
Total lease expense	$	19,333	$	423	$	19,756	$	19,324	$	428	$	19,752

For the thirteen weeks ended May 4, 2019, we corrected an immaterial error of $3,221, which consisted solely of an understatement of amounts disclosed for fixed operating lease expense and an overstatement of amounts disclosed for variable lease expense with no changes in reported total lease expense.

Supplemental lease information for the thirteen weeks ended May 2, 2020 was as follows:



Cash paid for amounts included in the measurement of operating lease liabilities (in thousands)	$5,615
Weighted average remaining lease term (in years)	6.0 years
Weighted average interest rate (1)	4.01%

(1) Since our leases do not provide an implicit rate, we used our incremental borrowing rate on date of adoption or at lease inception in determining the present value of future minimum payments.