We lease all of our physical stores, our single distribution center, which has a current lease term expiring in 2034, and office space for our Southern office. We also enter into leases of equipment, copiers and billboards. All of our leases are operating leases. Leases with terms of twelve months or less are immaterial and are expensed as incurred, and we did not have any leases with related parties as of July 29, 2023.

Lease costs, including related common area maintenance (“CAM”), property taxes and insurance, reported in our Condensed Consolidated Statements of Income were as follows for the thirteen and twenty-six weeks ended July 29, 2023 and July 30, 2022:


(In thousands)	Thirteen Weeks Ended July 29, 2023		Thirteen Weeks Ended July 30, 2022		Twenty-six Weeks Ended July 29, 2023		Twenty-six Weeks Ended July 30, 2022
Operating lease cost	$	15,952	$	14,943	$	31,824	$	29,642
Variable lease cost
CAM, property taxes and insurance		5,370		4,667		10,722		9,429
Percentage rent and other variable lease costs		381		301		624		494
Total	$	21,703	$	19,911	$	43,170	$	39,565