Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.1
Leases (Tables)
12 Months Ended
Jan. 29, 2022
Leases  
Components of lease expense [Table Text Block]

The components of lease expense were as follows:

    

For the Years Ended

January 29, 2022

January 30, 2021

Operating leases:

Long-term operating lease cost

$

1,523

$

972

Short-term lease cost

 

172

 

63

Variable cost

 

56

 

33

Finance leases:

Amortization of right-of-use assets

83

104

Interest expense

3

7

Variable cost

96

57

Variable lease costs includes incremental costs for printers and common area maintenance charges.

Supplemental cash flow information related to leases [Table Text Block]

Supplemental cash flow information related to leases was as follows:

    

For the Years Ended

January 29, 2022

January 30, 2021

Cash paid for amounts included in the measurement of lease liabilities:

 

  

  

Operating cash flows used for operating leases

$

1,456

$

1,095

Operating cash flows used for finance leases

 

2

 

7

Financing cash flows used for finance leases

86

103

Right-of-use assets obtained in exchange for lease liabilities:

Operating leases

7,741

1,299

Finance leases

 

 

62

Weighted average remaining lease term and weighted average discount rates related to leases [Table Text Block]

The weighted average remaining lease term and weighted average discount rates related to leases were as follows:

    

January 29, 2022

January 30, 2021

Weighted average remaining lease term:

 

  

Operating leases

 

2.7 years

2.8 years

Finance leases

 

0.4 years

1.1 years

Weighted average discount rate:

 

  

  

Operating leases

 

4.5%

6.8%

Finance leases

 

6.0%

5.7%

Supplemental balance sheet information related to leases [Table Text Block]

Supplemental balance sheet information related to leases is as follows:

Leases

    

Classification

    

January 29, 2022

 

January 30, 2021

Assets:

 

  

 

  

  

Operating lease right-of-use assets

 

Other assets

$

7,474

$

1,116

Finance lease right-of-use assets

 

Property and equipment, net

 

17

 

101

Total lease right-of-use assets

 

  

$

7,491

$

1,217

Operating lease liabilities:

 

  

 

  

 

  

Current portion of operating lease liabilities

 

Current portion of operating lease liabilities

$

2,331

$

462

Operating lease liabilities, excluding current portion

 

Long term operating lease liabilities

 

5,169

 

646

Total operating lease liabilities

 

  

 

7,500

 

1,108

Finance lease liabilities:

 

  

 

  

 

  

Current portion of finance lease liabilities

 

Current liabilities: Accrued liabilities

 

19

 

86

Finance lease liabilities, excluding current portion

 

Other long term liabilities

 

 

19

Total finance lease liabilities

 

  

 

19

 

105

Total lease liabilities

 

  

$

7,519

$

1,213

Schedule of maturities of finance lease liabilities [Table Text Block]

Future maturities of lease liabilities as of January 29, 2022 are as follows:

Fiscal year

    

Operating Leases

    

Finance Leases

2022

$

2,698

$

19

2023

 

2,519

 

2024

 

1,852

 

2025

 

935

 

2026

 

330

 

Thereafter

 

 

Total lease payments

 

8,334

 

19

Less: imputed interest

 

(834)

 

Total lease liabilities

$

7,500

$

19

Schedule of maturities of operating lease liabilities [Table Text Block]

Future maturities of lease liabilities as of January 29, 2022 are as follows:

Fiscal year

    

Operating Leases

    

Finance Leases

2022

$

2,698

$

19

2023

 

2,519

 

2024

 

1,852

 

2025

 

935

 

2026

 

330

 

Thereafter

 

 

Total lease payments

 

8,334

 

19

Less: imputed interest

 

(834)

 

Total lease liabilities

$

7,500

$

19