Commitments and Contingencies

12 Months Ended

Feb. 02, 2019

Commitments and Contingencies Disclosure [Abstract]

Rental expense consists of the following:



(in thousands of dollars)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Operating leases:
Buildings:
Minimum rentals	$	14,215	$	14,843	$	15,379
Contingent rentals	3,390		3,449		3,745
Equipment	11,041		9,720		6,830
	$	28,646	$	28,012	$	25,954

Contingent rentals on certain leases are based on a percentage of annual sales in excess of specified amounts. Other contingent rentals are based entirely on a percentage of sales.

The future minimum rental commitments as of February 2, 2019 for all non-cancelable leases for buildings and equipment are as follows:



(in thousands of dollars) Fiscal Year	Operating Leases		Capital Leases
2019	$	19,847	$	1,428
2020	15,423		1,077
2021	10,691		726
2022	4,896		—
2023	3,378		—
After 2023	14,532		—
Total minimum lease payments	$	68,767	3,231
Less amount representing interest			(351		)
Present value of net minimum lease payments (of which $1,214 is currently payable)			$	2,880

Renewal options from three to 20 years exist on the majority of leased properties.

At February 2, 2019, the Company is committed to incur costs of approximately $1.3 million to acquire, complete and furnish certain stores and equipment.

At February 2, 2019, letters of credit totaling $21.8 million were issued under the Company's $800 million revolving credit facility.

Various legal proceedings, in the form of lawsuits and claims, which occur in the normal course of business, are pending against the Company and its subsidiaries. In the opinion of management, disposition of these matters is not expected to materially affect the Company's financial position, cash flows or results of operations.