Other Current and Deferred Liabilities

12 Months Ended

Feb. 02, 2019

Other Liabilities, Current [Abstract]

Other Current and Deferred Liabilities

OTHER CURRENT AND DEFERRED LIABILITIES:

Other current and deferred liabilities consisted of the following:

	February 2, 2019		February 3, 2018
	(in thousands)
Allowance for customer returns, gift cards and store credits outstanding	$	57,827	$	55,948
Accrued payroll, benefits, bonuses and severance costs and termination benefits	24,391		29,685
Current portion of deferred rent and lease credits	19,397		19,158
Other	30,205		28,924
Other current and deferred liabilities	$	131,820	$	133,715

OTHER NONCURRENT AND DEFERRED LIABILITIES:

Other Noncurrent and Deferred liabilities consisted of the following:

	February 2, 2019			February 3, 2018
	(in thousands)
Deferred rent	$	46,228		$	50,529
Deferred lease credits, net	50,336			63,932
Other noncurrent and deferred liabilities	10,570			7,979
Noncurrent and deferred liabilities	107,134			122,440
Less: current portion of deferred rent and lease credits	(18,025		)	(19,158		)
Other noncurrent and deferred liabilities	$	89,109		$	103,282

Deferred rent represents the difference between operating lease obligations currently due and operating lease expense, which is recorded on a straight-line basis over the appropriate respective terms of the leases.

Deferred lease credits represent construction allowances received from landlords and are amortized as a reduction of rent expense over the appropriate respective terms of the related leases.