Annual report pursuant to Section 13 and 15(d)

Commitments, Contingencies and Related Parties (Tables)

Commitments, Contingencies and Related Parties (Tables)
12 Months Ended
Jan. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of financial statement information
The Company’s lease terms and rates are as follows:
  January 30, 2022
Weighted average remaining lease term (in years)
Operating Leases 6.29
Weighted average discount rate 3.44  %
Operating Leases
The following table discloses the location and amount of our operating lease costs within our consolidated balance sheets:
(amounts in thousands) Balance sheet location January 30, 2022
Operating leases Operating lease right-of-use assets (non-current) $ 100,891 
Operating leases Current operating lease liabilities $ 16,382 
Operating leases Operating lease liability, long term $ 96,574 
Total lease liabilities   $ 112,956 
Schedule of expected future annual minimum rental payments
The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable leases with terms of more than one year to the total lease liabilities recognized on the consolidated balance sheet as of January 30, 2022 in thousands:
(amounts in thousands)
2023 $ 20,493 
2024 20,020 
2025 18,756 
2026 16,904 
2027 14,459 
Thereafter 40,329 
Total undiscounted future minimum lease payments 130,961 
Less: imputed interest (18,005)
Total present value of lease obligations 112,956 
Less: current operating lease liability (16,382)
Operating lease liability- long term $ 96,574 
Schedule of supplemental cash flow information
Supplemental Cash Flow information and non-cash activity related to our operating leases is as follows (in thousands):
(amounts in thousands) For the year ended January 30, 2022
Operating cash flow information:  
Amounts paid on operating lease liabilities $ 14,400 
Non-cash activities
Right-of-use assets obtained in exchange for lease obligations $ 116,048