XML 32 R23.htm IDEA: XBRL DOCUMENT
v3.22.1

Debt (Tables) | 3 Months Ended
--- | ---
Apr. 29, 2022
Debt Disclosure [Abstract] |
Summary of Company's Borrowing Availability Under ABL Facility | The following table summarizes the Company’s borrowing availability, before consideration of the Loan Cap, under the ABL Facility:
|  | April 29, 2022 |  |  | April 30, 2021 |  |  | January 28, 2022
(in thousands) |  | Amount |  |  | Interest Rate |  |  | Amount |  |  | Interest Rate |  |  | Amount |  |  | Interest Rate
ABL Facility maximum borrowing |  | $ | 275,000 |  |  |  |  |  |  | $ | 275,000 |  |  |  |  |  |  | $ | 275,000 |  |  |
Less: Outstanding borrowings |  |  | 125,000 |  |  | 1.84% |  |  |  | 80,000 |  |  | 2.75% |  |  |  | — |  |  | ―%
Less: Outstanding letters of credit |  |  | 14,619 |  |  |  |  |  |  |  | 16,920 |  |  |  |  |  |  |  | 23,521 |  |  |
Borrowing availability under ABL Facility |  | $ | 135,381 |  |  |  |  |  |  | $ | 178,080 |  |  |  |  |  |  | $ | 251,479 |  |  |
Schedule of Company's Long Term Debt | The Company’s long-term debt consisted of the following:
|  | April 29, 2022 |  |  | April 30, 2021 |  |  | January 28, 2022 |
(in thousands) |  | Amount |  |  | Interest Rate |  |  | Amount |  |  | Interest Rate |  |  | Amount |  |  | Interest Rate |
Term Loan Facility |  | $ | 254,375 |  |  | 10.76% |  |  | $ | 268,125 |  |  | 10.75% |  |  | $ | 257,813 |  |  | 10.75% |
Less: Current portion of long-term debt |  |  | 13,750 |  |  |  |  |  |  |  | 13,750 |  |  |  |  |  |  |  | 13,750 |  |  |  |  |
Less: Unamortized debt issuance costs |  |  | 8,922 |  |  |  |  |  |  |  | 11,585 |  |  |  |  |  |  |  | 9,589 |  |  |  |  |
Long-term debt, net |  | $ | 231,703 |  |  |  |  |  |  | $ | 242,790 |  |  |  |  |  |  | $ | 234,474 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration