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DERIVATIVES (Tables) | 12 Months Ended
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Aug. 01, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | Details of outstanding swap contracts as of August 1, 2020, which are all pay fixed and receive floating, are as follows:
Effective Date | Swap Maturity |  | Outstanding Notional Value (in millions) |  | Pay Fixed Rate |  | Receive Floating Rate(7) |  | Floating Rate Reset Terms
October 26, 2018 | October 31, 2020 |  | $ | 100.0 |  |  | 2.8240 | % |  | One-Month LIBOR |  | Monthly
June 9, 2016 | April 29, 2021 |  | 25.0 |  |  | 1.0650 | % |  | One-Month LIBOR |  | Monthly
June 24, 2016 | April 29, 2021 |  | 25.0 |  |  | 0.9260 | % |  | One-Month LIBOR |  | Monthly
January 23, 2019 | April 29, 2021 |  | 50.0 |  |  | 2.5500 | % |  | One-Month LIBOR |  | Monthly
April 2, 2019 | June 30, 2021 |  | 100.0 |  |  | 2.2520 | % |  | One-Month LIBOR |  | Monthly
June 10, 2019 | June 30, 2021 |  | 50.0 |  |  | 2.2290 | % |  | One-Month LIBOR |  | Monthly
November 30, 2018 | October 29, 2021 |  | 100.0 |  |  | 2.8084 | % |  | One-Month LIBOR |  | Monthly
March 21, 2019 | April 15, 2022 |  | 100.0 |  |  | 2.3645 | % |  | One-Month LIBOR |  | Monthly
April 2, 2019 | June 30, 2022 |  | 100.0 |  |  | 2.2170 | % |  | One-Month LIBOR |  | Monthly
June 28, 2019 | June 30, 2022 |  | 50.0 |  |  | 2.1840 | % |  | One-Month LIBOR |  | Monthly
August 3, 2015(1) | August 15, 2022 |  | 55.5 |  |  | 1.7950 | % |  | One-Month LIBOR |  | Monthly
August 3, 2015(2) | August 15, 2022 |  | 37.0 |  |  | 1.7950 | % |  | One-Month LIBOR |  | Monthly
October 26, 2018 | October 31, 2022 |  | 100.0 |  |  | 2.8915 | % |  | One-Month LIBOR |  | Monthly
January 11, 2019 | October 31, 2022 |  | 50.0 |  |  | 2.4678 | % |  | One-Month LIBOR |  | Monthly
January 23, 2019 | October 31, 2022 |  | 50.0 |  |  | 2.5255 | % |  | One-Month LIBOR |  | Monthly
October 30, 2020(3) | October 31, 2022 |  | — |  |  | 0.4540 | % |  | One-Month LIBOR |  | Monthly
November 16, 2018 | March 31, 2023 |  | 150.0 |  |  | 2.8950 | % |  | One-Month LIBOR |  | Monthly
January 23, 2019 | March 31, 2023 |  | 50.0 |  |  | 2.5292 | % |  | One-Month LIBOR |  | Monthly
April 29, 2021(4) | April 28, 2023 |  | — |  |  | 0.5680 | % |  | One-Month LIBOR |  | Monthly
June 30, 2021(5) | June 30, 2023 |  | — |  |  | 0.6070 | % |  | One-Month LIBOR |  | Monthly
November 30, 2018 | September 30, 2023 |  | 50.0 |  |  | 2.8315 | % |  | One-Month LIBOR |  | Monthly
October 29, 2021(6) | October 20, 2023 |  | — |  |  | 0.6810 | % |  | One-Month LIBOR |  | Monthly
October 26, 2018 | October 31, 2023 |  | 100.0 |  |  | 2.9210 | % |  | One-Month LIBOR |  | Monthly
January 11, 2019 | March 28, 2024 |  | 100.0 |  |  | 2.4770 | % |  | One-Month LIBOR |  | Monthly
January 23, 2019 | March 28, 2024 |  | 100.0 |  |  | 2.5420 | % |  | One-Month LIBOR |  | Monthly
November 30, 2018 | October 31, 2024 |  | 100.0 |  |  | 2.8480 | % |  | One-Month LIBOR |  | Monthly
January 11, 2019 | October 31, 2024 |  | 100.0 |  |  | 2.5010 | % |  | One-Month LIBOR |  | Monthly
January 24, 2019 | October 31, 2024 |  | 50.0 |  |  | 2.5210 | % |  | One-Month LIBOR |  | Monthly
October 26, 2018 | October 22, 2025 |  | 50.0 |  |  | 2.9550 | % |  | One-Month LIBOR |  | Monthly
November 16, 2018 | October 22, 2025 |  | 50.0 |  |  | 2.9580 | % |  | One-Month LIBOR |  | Monthly
November 16, 2018 | October 22, 2025 |  | 50.0 |  |  | 2.9590 | % |  | One-Month LIBOR |  | Monthly
January 24, 2019 | October 22, 2025 |  | 50.0 |  |  | 2.5558 | % |  | One-Month LIBOR |  | Monthly
|  |  | $ | 1,992.5 |  |  |  |  |  |  |
(1) | On March 31, 2015, the Company amended the original contract to reduce the beginning notional principal amount from $140 million to $84 million. The swap contract has an amortizing notional principal amount which is reduced by $1.5 million on a quarterly basis.
(2) | The swap contract has an amortizing notional principal amount which is reduced by $1.0 million on a quarterly basis.
(3) | This forward starting swap contract has a notional principal amount of $100.0 million.
(4) | This forward starting swap contract has a notional principal amount of $100.0 million.
(5) | This forward starting swap contract has a notional principal amount of $150.0 million.
(6) | This forward starting swap contract has a notional principal amount of $100.0 million.
(7) For these swap contracts that are indexed to LIBOR, the Company is monitoring and evaluating risks related to the expected future cessation of LIBOR.
Schedule of Interest Rate Derivatives | The location and amount of gains or losses recognized in the Consolidated Statements of Operations for interest rate swap contracts for each of the periods, presented on a pretax basis, are as follows:
|  | Interest Expense, net
(In thousands) |  | 2020 |  | 2019 |  | 2018
Total amounts of expense line items presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded |  | $ | 191,607 |  |  | $ | 180,789 |  |  | $ | 16,025 |
(Loss) or gain on cash flow hedging relationships: |  |  |  |  |  |
(Loss) or gain reclassified from comprehensive income into income |  | $ | (24,505 | ) |  | $ | 13 |  |  | $ | 827 |
Gain or (loss) on interest rate swap contracts not designated as hedging instruments: |  |  |  |  |  |
Gain or (loss) recognized as interest expense |  | $ | — |  |  | $ | 51 |  |  | $ | — |

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579240-113959 + Details
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