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Commitments and Contingencies
12 Months Ended
Feb. 02, 2019
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

9.

Commitments and Contingencies

The Company leases office and warehouse facilities under non-cancellable operating leases.  Future minimum lease payments as of February 2, 2019 are as follows:

 

(Dollars in thousands)

 

Operating

Leases

Fiscal 2020

 

$

854

Fiscal 2021

 

 

865

Fiscal 2022

 

 

876

Fiscal 2023

 

 

857

Fiscal 2024

 

 

863

Thereafter

 

 

1,673

Total future minimum lease payments

 

$

5,988

 

Total rent expense was $0.8 million and $0.9 million for Fiscal 2019 and Fiscal 2018, respectively.

The Company indemnifies certain customers against liability arising from third‑party claims of intellectual property rights infringement related to the Company’s trademarks.  These indemnities appear in the licensing agreements with the Company’s customers, are not limited in amount or duration and generally survive the expiration of the contracts.  The Company is unable to determine a range of estimated losses that it could incur related to such indemnities since the amount of any potential liabilities cannot be determined until an infringement claim has been made.

The Company is involved from time to time in various claims and other matters incidental to the Company’s business, the resolution of which is not presently expected to have a material adverse effect on the Company’s financial position, results of operations or liquidity.  Estimated reserves for contingent liabilities, including threatened or pending litigation, are recorded as liabilities in the financial statements when the outcome of these matters is deemed probable and the liability is reasonably estimable.