Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.1
Leases (Tables)
6 Months Ended
May 03, 2020
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense were as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
May 3, 2020
Operating lease expense
$
3,003

 
$
5,924

Sublease income
(394
)
 
(788
)
Total (1)
$
2,609

 
$
5,136


(1) The Company's short term and variable lease expenses were minimal.
Schedule of Weighted Average Information
Weighted average remaining lease terms and discount rates were as follows:
 
Six Months Ended May 3, 2020
 
Weighted average remaining lease term (years)
8.2

Weighted average discount rate
6.3
%
Schedule of Operating Lease Maturities, Topic 842
Maturities of operating lease liabilities as of May 3, 2020 were as follows (in thousands):
Fiscal Year:
Amount
Remainder of 2020
$
5,625

2021
9,063

2022
7,505

2023
6,523

2024
5,586

Thereafter
28,150

Total future lease payments
$
62,452

Less: Imputed interest
14,333

Total operating lease liabilities
$
48,119

Schedule of Operating Lease Maturities, Topic 840
Maturities of operating leases accounted for under ASC 840 as of fiscal year-end 2019 were as follows (in thousands):
Fiscal Year:
Amount
2020
$
11,782

2021
9,287

2022
7,457

2023
6,328

2024
5,486

Thereafter
28,422

Total future lease payments
$
68,762