Lease Commitments

12 Months Ended

Jan. 30, 2016

Lease Commitments

Lease Commitments

NOTE 14 — Lease Commitments

The Company leases its store locations and vehicles under operating leases. The store lease terms, including rental period, renewal options, escalation clauses and rent as a percentage of sales, vary among the leases. Most store leases require the Company to pay real estate taxes and common area maintenance charges.

Total rental expense for all leases was as follows for the fiscal periods ended (in thousands):

	Fiscal 2015		Fiscal 2014		Fiscal 2013
Minimum rent	$	37,723	$	38,720	$	32,547
Contingent rent		2,200		3,914		7,602
Maintenance, taxes and other		19,159		17,577		17,766
Amortization of deferred lease incentives		(2,105)		(2,229)		(2,383)
Total rent expense	$	56,977	$	57,982	$	55,532

Future minimum rental payments as of January 30, 2016, and the estimated timing and effect that such obligations are expected to have on the Company’s liquidity and cash flows for operating leases are as follows (in thousands):

	Payments Due by Period
	Fiscal		Fiscal		Fiscal		Fiscal 2021
Contractual Obligations	2016		2017-2018		2019-2020		and Thereafter		Total
Retail store facility operating leases	$	38,414	$	58,808	$	43,957	$	68,361	$	209,540
Vehicle operating leases		224		141		—		—		365
Total obligations	$	38,638	$	58,949	$	43,957	$	68,361	$	209,905