Leases

12 Months Ended

Jan. 29, 2023

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 nine 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.

The components of lease expense were as follows:


	Fiscal Year Ended
(in thousands)	January 29, 2023		January 30, 2022
Operating lease cost	$	5,939	$	5,704
Short-term lease cost	1,498		1,070

Less: sublease income	(170)		(141)
Total lease cost	$	7,267	$	6,633

Supplemental cash flow information related to leases was as follows:


	Fiscal Year Ended
(in thousands)	January 29, 2023		January 30, 2022
Cash paid for amounts included in the measurement of lease liabilities	$	5,759	$	5,639
Right-of-use assets obtained in exchange for new operating lease liabilities	$	16,772	$	7,862



	January 29, 2023
Weighted-average remaining lease term - operating leases (in years)	6.07
Weighted-average discount rate on remaining lease payments - operating leases	6.9	%

Supplemental balance sheet information related to leases was as follows:



(in thousands)	January 29, 2023		January 30, 2022
Operating lease right-of-use assets in "Other Assets"	$	31,807	$	19,777

Operating lease liabilities in "Accrued Liabilities"	$	6,209	$	3,977
Operating lease liabilities in "Other long-term Liabilities"	26,484		16,577
Total operating lease liabilities	$	32,693	$	20,554

Maturities of lease liabilities as of January 29, 2023 are as follows:


(in thousands)
Fiscal Year Ending:
2024	$	8,158
2025	7,698
2026	6,392
2027	4,908
2028	4,145
Thereafter	9,239
Total lease payments	40,540
Less: imputed interest	(7,847)
Total	$	32,693