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Debt (Tables)

12 Months Ended

Feb. 04, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consists of the following:

			February 4, 2024						January 29, 2023
Credit facility—revolver			$	—					$	—
Credit facility—term loan			897.8						847.8
Senior secured notes			440.0						440.0
Total debt outstanding			1,337.8						1,287.8
Less current installments of long-term debt			(9.0)						(8.5)
Less issue discounts and debt issuance costs			(44.8)						(56.6)
Long-term debt, net			$	1,284.0					$	1,222.7

Schedule of Future Debt Payment Obligation

Below is our future debt principal payment obligations as of February 4, 2024 by fiscal year:

2024			$	9.0
2025			449.0
2026			9.0
2027			9.0
2028			9.0
Thereafter			852.8
Total future payments			$	1,337.8

Summary of Recorded Interest Expense

The following table sets forth our recorded interest expense, net for the periods presented:

			February 4, 2024						January 29, 2023						January 30, 2022
Interest expense on debt			$	121.8					$	77.7					$	43.5
Interest associated with swap agreements			—						4.1						7.5
Amortization of issue discount and issuance cost			11.8						8.5						4.2
Interest expense on sale-leaseback (1)			1.4						—						—
Interest income			(4.7)						(0.6)						—
Capitalized interest			(2.9)						(2.3)						(1.3)
Total interest expense, net			$	127.4					$	87.4					$	53.9

(1)    See discussion of sale-leaseback transaction at Note 9 to the consolidated financial statements.

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- Definition

Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities.

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Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481544/470-10-50-1

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