What is the difference between an operating lease and finance lease? Which type of lease was primarily used by this company? Does the volume of lease transactions, composition of leased assets, and type of lease primarily used by the company seem reasonable given the company's industry and operations? Discuss.

I During the year ended January 29,2022 and January 30,2021 , net gains on lease modifications related primarily to the early termination of lease agreements for certain of the Company's retail locations. Operating lease costs for these retail locations prior to the early termination were included in cost of product sales. 2 Amortization of leased assets related to finance leases are included in depreciation expense within cost of product sales or selling, general and administrative expenses depending on the nature of the asset in the Company's consolidated statements of income (loss). 3 During the year ended January 29, 2022 and January 30,2021 , variable lease costs included certain rent concessions received by the Company, primarily in Europe, related to the COVID-19 pandemic of approximately $17.3 million and $33.1 million, respectively. Refer to Note 1 for further information. I During the year ended January 29,2022 and January 30,2021 , net gains on lease modifications related primarily to the early termination of lease agreements for certain of the Company's retail locations. Operating lease costs for these retail locations prior to the early termination were included in cost of product sales. 2 Amortization of leased assets related to finance leases are included in depreciation expense within cost of product sales or selling, general and administrative expenses depending on the nature of the asset in the Company's consolidated statements of income (loss). 3 During the year ended January 29, 2022 and January 30,2021 , variable lease costs included certain rent concessions received by the Company, primarily in Europe, related to the COVID-19 pandemic of approximately $17.3 million and $33.1 million, respectively. Refer to Note 1 for further information