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Leases
12 Months Ended
Jan. 25, 2020
Leases [Abstract]  
Leases Leases

We lease the majority of our office facilities as well as certain equipment, all of which are accounted for as operating leases. These leases have remaining terms ranging from less than one year to approximately 10 years. Some leases include options to extend the lease for up to 5 years and others include options to terminate.

The following table summarizes the components of lease cost recognized in the consolidated statement of operations for fiscal 2020 (dollars in thousands):
 
Fiscal Year Ended
 
January 25, 2020
Lease cost under long-term operating leases
$
33,799

Lease cost under short-term operating leases
34,111

Variable lease cost under short-term and long-term operating leases(1)
4,183

Total lease cost
$
72,093


(1) Variable lease cost primarily includes insurance, maintenance, and other operating expenses related to our leased office facilities.

Our operating lease liabilities related to long-term operating leases were $70.2 million as of January 25, 2020. Supplemental balance sheet information related to these liabilities is as follows:
 
January 25, 2020
Weighted average remaining lease term
3.3 years

Weighted average discount rate
5.2
%

Supplemental cash flow information related to our long-term operating lease liabilities as of January 25, 2020 is as follows (dollars in thousands):
 
Fiscal Year Ended
 
January 25, 2020
Cash paid for amounts included in the measurement of lease liabilities
$
30,888

Operating lease right-of-use assets obtained in exchange for operating lease liabilities
$
27,477



As of January 25, 2020, maturities of our lease liabilities under our long-term operating leases for the next five fiscal years and thereafter are as follows (dollars in thousands):
Fiscal Year
 
Amount
2021
 
$
30,138

2022
 
22,274

2023
 
13,236

2024
 
7,916

2025
 
4,607

Thereafter
 
1,495

Total lease payments
 
79,666

Less: imputed interest
 
(9,479
)
Total
 
$
70,187



As of January 25, 2020, we had additional operating leases that have not yet commenced of $2.9 million. These leases will commence during the first quarter of fiscal 2021.

As of January 26, 2019, the future minimum obligation by fiscal year for our operating leases with original noncancelable terms in excess of one year was as follows (dollars in thousands):
Fiscal Year
 
Amount
2020
 
$
28,415

2021
 
20,166

2022
 
12,919

2023
 
6,686

2024
 
4,342

Thereafter
 
3,675

Total
 
$
76,203



See Note 2, Significant Accounting Policies and Estimates, for further information on our accounting policy for leases and Note 3, Accounting Standards, for further information on our adoption of ASU 2016-02.