Leases

9 Months Ended

Oct. 30, 2022

The Company has operating leases for real estate, vehicles, and office equipment, which are accounted for in accordance with ASC 842, "Leases." Real estate leases are used to secure office space for the Company's administrative, engineering, production support and manufacturing activities. The Company's leases have remaining lease terms of up to approximately ten years, some of which include options to extend the leases for up to five years, and some of which include options to terminate the leases within one year. There were no new material leases entered into during the nine months ended October 30, 2022.

The components of lease expense were as follows:


	Three Months Ended				Nine Months Ended
(in thousands)	October 30, 2022		October 31, 2021		October 30, 2022		October 31, 2021
Operating lease cost	$	1,449	$	1,441	$	4,349	$	4,265
Short-term lease cost	334		302		1,082		805
Sublease income	(33)		(32)		(102)		(107)
Total lease cost	$	1,750	$	1,711	$	5,329	$	4,963

Supplemental cash flow information related to leases was as follows:


	Nine Months Ended
(in thousands)	October 30, 2022		October 31, 2021
Cash paid for amounts included in the measurement of lease liabilities	$	4,079	$	4,243
Right-of-use assets obtained in exchange for new operating lease liabilities	$	2,050	$	7,677



	October 30, 2022
Weighted-average remaining lease term–operating leases (in years)	5.21
Weighted-average discount rate on remaining lease payments–operating leases	6.2	%

Supplemental balance sheet information related to leases was as follows:



(in thousands)	October 30, 2022		January 30, 2022
Operating lease right-of-use assets in "Other assets"	$	18,163	$	19,777

Operating lease liabilities in "Accrued liabilities"	$	3,945	$	3,977
Operating lease liabilities in "Other long-term liabilities"	14,322		16,577
Total operating lease liabilities	$	18,267	$	20,554

Maturities of lease liabilities as of October 30, 2022 are as follows:


(in thousands)
Fiscal Year Ending:
2023 (remaining three months)	$	1,318
2024	4,706
2025	4,570
2026	3,546
2027	2,365
Thereafter	4,853
Total lease payments	21,358
Less: imputed interest	(3,091)
Total	$	18,267