Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
9 Months Ended
Aug. 02, 2020
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense were as follows (in thousands):
Three Months Ended Nine Months Ended
August 2, 2020
Operating lease expense $ 2,827  $ 8,751 
Sublease income (394) (1,183)
Variable lease expense $ 213  $ 482 
Total (1)
$ 2,646  $ 8,050 
(1) The Company's short term lease expense was minimal.
Schedule of Weighted Average Information
Weighted average remaining lease terms and discount rates were as follows:
Nine Months Ended August 2, 2020
Weighted average remaining lease term (years) 8.1
Weighted average discount rate 6.3  %
Schedule of Operating Lease Maturities, Topic 842
Maturities of operating lease liabilities as of August 2, 2020 were as follows (in thousands):
Fiscal Year: Amount
Remainder of 2020 $ 2,786 
2021 9,476 
2022 7,901 
2023 6,786 
2024 5,595 
Thereafter 28,150 
Total future lease payments $ 60,694 
Less: Imputed interest 13,700 
Total operating lease liabilities $ 46,994 
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