Leases (Tables)

12 Months Ended

Jan. 28, 2023

Leases [Abstract]

Schedule of Lease Related Costs

Lease-related costs reported in our Consolidated Statements of Income were as follows:

(In thousands)	2022		2021		2020
Operating lease cost	$	60,777	$	54,417	$	53,418
Variable lease cost
CAM, property taxes and insurance		19,001		18,914		19,805
Percentage rent and other variable lease costs		1,231		2,723		2,008
Total	$	81,009	$	76,054	$	75,231

Schedule of Other Information Related to Leases

Other information related to leases, including supplemental cash flow information, consists of:

(In thousands)	2022			2021			2020
Cash paid for amounts included in the measurement of    operating lease liabilities	$	48,991		$	46,562		$	38,477
ROU assets obtained in exchange for operating lease liabilities1	$	146,996		$	64,058		$	36,290
	As of			As of			As of
	January 28, 2023			January 29, 2022			January 30, 2021
Weighted-average remaining lease term for operating leases    (in years)	7.3				6.0		6.1
Weighted-average discount rate for operating leases		4.2	%		5.2	%		5.2	%

1) Includes ROU assets added as part of the Shoe Station acquisition described in Note 3 - "Acquisition of Shoe Station"

Undiscounted Cash Flows to Operating Lease Liabilities

The following table reconciles the undiscounted cash flows for each of the first five years and the total of the remaining years to our operating lease liabilities as of January 28, 2023:

(In thousands)	Operating Leases
2023	$	71,596
2024		61,821
2025		50,619
2026		49,713
2027		42,946
Thereafter to 2034		119,396
Total undiscounted lease payments		396,091
Less: Imputed interest		52,863
Total operating lease liabilities		343,228
Less: Current portion of operating lease liabilities		58,154
Long-term portion of operating lease liabilities	$	285,074