Leases (Tables)

12 Months Ended

Feb. 03, 2024

Leases [Abstract]

Schedule of Lease Related Costs

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

(In thousands)	2023		2022		2021
Operating lease cost	$	65,244	$	60,777	$	54,417
Variable lease cost
Occupancy costs		21,243		19,001		18,914
Percentage rent and other variable lease costs		1,257		1,231		2,723
Total	$	87,744	$	81,009	$	76,054

Schedule of Other Information Related to Leases

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

(In thousands)	2023			2022			2021
Cash paid for amounts included in the measurement of    operating lease liabilities	$	59,129		$	48,991		$	46,562
ROU assets obtained in exchange for operating lease liabilities1	$	72,772		$	146,996		$	64,058
	As of			As of			As of
	February 3, 2024			January 28, 2023			January 29, 2022
Weighted-average remaining lease term for operating leases    (in years)	7.6				7.3			6.0
Weighted-average discount rate for operating leases		4.2	%		4.2	%		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 next five years and the total of the remaining years to our operating lease liabilities as of February 3, 2024:

(In thousands)	Operating Leases
2024	$	68,151
2025		60,646
2026		62,185
2027		55,910
2028		51,418
Thereafter to 2034		136,912
Total undiscounted lease payments		435,222
Less: Imputed interest		80,886
Total operating lease liabilities		354,336
Less: Current portion of operating lease liabilities		52,981
Long-term portion of operating lease liabilities	$	301,355