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Debt (Tables)

12 Months Ended

Feb. 04, 2025

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consists of the following:

			February 4, 2025						February 4, 2024
Credit facility—revolver			$	135.0					$	—
Credit facility—term loan			1,389.3						897.8
Senior secured notes			—						440.0
Total debt outstanding			1,524.3						1,337.8
Less current installments of long-term debt			(7.0)						(9.0)
Less issue discounts and debt issuance costs			(38.2)						(44.8)
Long-term debt, net			$	1,479.1					$	1,284.0

Schedule of Future Debt Payment Obligation

Below are our future debt principal payment obligations as of February 4, 2025 by fiscal year:

2025			$	7.0
2026			7.0
2027			7.0
2028			7.0
2029			1,496.3
Total future payments			$	1,524.3

Summary of Recorded Interest Expense

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

			February 4, 2025						February 4, 2024						January 29, 2023
Interest expense on debt			$	120.6					$	121.8					$	77.7
Interest associated with swap agreements			—						—						4.1
Amortization of issue discount and issuance cost			10.6						11.8						8.5
Interest expense on sale-leaseback transactions (1)			8.1						1.4						—
Interest income			(0.4)						(4.7)						(0.6)
Capitalized interest			(3.6)						(2.9)						(2.3)
Total interest expense, net			$	135.3					$	127.4					$	87.4

(1)    See discussion of sale-leaseback transactions at Note 8.

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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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