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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jan. 30, 2021
FAIR VALUE MEASUREMENTS  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

    

Fair Value Measurements

($ thousands)

    

Total

    

Level 1

    

Level 2

    

Level 3

Asset (Liability)

  

  

  

  

January 30, 2021:

  

  

  

  

Cash equivalents – money market funds

$

45,000

$

45,000

$

$

Non-qualified deferred compensation plan assets

 

7,918

 

7,918

 

Non-qualified deferred compensation plan liabilities

 

(7,918)

 

(7,918)

 

Deferred compensation plan liabilities for non-employee directors

 

(989)

 

(989)

 

Restricted stock units for non-employee directors

 

(1,661)

 

(1,661)

 

Mandatory purchase obligation - Blowfish Malibu

 

(39,134)

 

 

(39,134)

February 1, 2020:

  

  

  

  

Cash equivalents – money market funds

$

18,001

$

18,001

$

$

Non-qualified deferred compensation plan assets

 

8,004

 

8,004

 

Non-qualified deferred compensation plan liabilities

 

(8,004)

 

(8,004)

 

Deferred compensation plan liabilities for non-employee directors

 

(1,536)

 

(1,536)

 

Restricted stock units for non-employee directors

 

(2,572)

 

(2,572)

 

Derivative financial instruments, net

 

(103)

 

 

(103)

Mandatory purchase obligation - Blowfish Malibu

 

(15,200)

 

 

(15,200)

Details of Long-lived Asset Impairment Charges

($ thousands)

2020

    

2019

    

2018

Long-Lived Asset Impairment Charges

  

 

  

 

  

Famous Footwear

$

14,900

$

1,980

$

800

Brand Portfolio

 

41,443

 

3,887

 

2,865

Total long-lived asset impairment charges

$

56,343

$

5,867

$

3,665

Fair Value, by Balance Sheet Grouping

    

January 30, 2021

    

February 1, 2020

Carrying

Carrying

($ thousands)

    

 Value (1)

    

Fair Value

    

 Value (1)

    

Fair Value

Borrowings under revolving credit agreement

$

250,000

$

250,000

$

275,000

$

275,000

Long-term debt

 

200,000

 

201,000

 

200,000

 

205,000

Total debt

$

450,000

$

451,000

$

475,000

$

480,000

(1)Excludes unamortized debt issuance costs and debt discount