Quarterly report [Sections 13 or 15(d)]

Leases

v3.26.1
Leases
 3 Months Ended
May 03, 2026
Leases [Abstract]  
Leases Leases
Components of lease expense were as follows (in thousands):
Thirteen weeks ended
May 3,
2026		 May 4,
2025
Operating lease expense $ 9,955  $ 9,302 
Variable and short term lease expense 867  973 
Total lease expense $ 10,822  $ 10,275 
Variable lease expense includes percentage rent, maintenance, real estate taxes, insurance and other variable charges included in the lease as well as rental expenses related to short term leases.
During the thirteen weeks ended May 3, 2026 and May 4, 2025, we did not recognize any impairment charges associated with showroom-level right-of-use assets.
Supplemental information related to our operating leases is as follows (in thousands):
Thirteen weeks ended
(amounts in thousands) May 3,
2026		 May 4,
2025
Operating cash flow information:  
Amounts paid on operating lease liabilities $ 9,901  $ 9,411 
Non-cash activities:
Right-of-use assets obtained in exchange for lease obligations $ 4,911  $ 12,232 
Weighted average remaining lease term - operating leases 6.8 years 7.2 years
Weighted average discount rate - operating leases 5.63  % 5.38  %