Leases (Tables)

3 Months Ended

May 04, 2019

Leases [Abstract]

Lease, Cost [Table Text Block]

The components of lease cost were as follows (in thousands):

	Three Months Ended
	May 4, 2019
Operating lease cost	$	26,294
Variable lease cost	9,657
Sublease income	(368		)
Total net lease cost (a)	$	35,583

^(a) Of this amount, $34.1 million is recorded in cost of sales and related buying, occupancy and distribution expenses and $1.5 million is recorded in selling, general and administrative expenses.

Lease Cash And Noncash Activities [Table Text Block]

Cash and non-cash activities associated with our leases were as follows (in thousands):

	Three Months Ended
	May 4, 2019
Cash paid for operating leases	$	27,678
Cash received from sublease	362
Lease assets obtained in exchange for lease liabilities (a)	7,333

^(a) Excludes operating lease assets of $344.2 million recognized on February 3, 2019 as a result of the adoption of ASU 2016-02, Leases (Topic 842). See Note 1 for further disclosures regarding the adoption impact.

Lease, Weighted-Average Remaining Lease Term [Table Text Block]

The weighted-average remaining lease term and weighted-average discount rate associated with our leases as of May 4, 2019 were as follows:

Weighted average remaining lease term	5.4 years
Weighted average discount rate	10.1	%

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Maturities of operating leases as of May 4, 2019 were as follows (in thousands):

Fiscal Year	Operating Leases		Sublease
2019 (remainder of year)	$	81,980	$	(1,085	)
2020	101,056		(1,492		)
2021	86,201		(1,582		)
2022	69,971		(1,582		)
2023	49,154		(1,054		)
2024	31,275		—
Thereafter	55,898		—
Total lease payments	475,535		$	(6,795	)
Less: Effects of discounting	111,170
Present value of lease liabilities	364,365
Less: Current portion of lease liabilities	75,211
Long-term lease liabilities	$	289,154

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Future minimum rental commitments on long-term, non-cancelable operating leases at February 2, 2019, were as follows (in thousands):

Fiscal Year	Commitments		Sublease Income			Net Minimum Lease Commitments
2019	$	108,541	$	(1,447	)	$	107,094
2020	98,859		(1,492		)	97,367
2021	83,377		(1,582		)	81,795
2022	67,447		(1,582		)	65,865
2023	46,887		(1,054		)	45,833
Thereafter	77,910		—			77,910
Total	$	483,021	$	(7,157	)	$	475,864

Schedule Of Maturities Of Finance Obligations [Table Text Block]

Future minimum annual payments required under existing finance obligations as of February 2, 2019 were as follows (in thousands):

Fiscal Year	Minimum Payments		Less: Interest		Principal Payments
2019	$	580	$	26	$	554