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Debt (Tables) | 12 Months Ended
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Jan. 27, 2023
Debt Disclosure [Abstract] |
Summary of Company's Maximum Borrowing Availability Under ABL Facility | The following table summarizes the Company’s maximum borrowing availability under the ABL Facility, before consideration of the Borrowing Base calculation:
|  | January 27, 2023 |  |  | January 28, 2022
(in thousands) |  | Amount |  |  | Interest Rate |  |  | Amount |  |  | Interest Rate
ABL Facility limit |  | $ | 275,000 |  |  |  |  |  | $ | 275,000 |  |  |
Less: Outstanding borrowings |  |  | 100,000 |  |  |  | 6.27 | % |  |  | — |  |  | —%
Less: Outstanding letters of credit |  |  | 10,557 |  |  |  |  |  |  | 23,521 |  |  |
Maximum borrowing availability under ABL Facility |  | $ | 164,443 |  |  |  |  |  | $ | 251,479 |  |  |
Schedule of Company's Long Term Debt | The Company’s long-term debt consisted of the following:
|  | January 27, 2023 |  |  | January 28, 2022 |
(in thousands) |  | Amount |  |  | Interest Rate |  |  | Amount |  |  | Interest Rate |
Term Loan Facility |  | $ | 244,063 |  |  |  | 14.13 | % |  | $ | 257,813 |  |  |  | 10.75 | %
Less: Current portion of long-term debt |  |  | 13,750 |  |  |  |  |  |  | 13,750 |  |  |  |
Less: Unamortized debt issuance costs |  |  | 6,807 |  |  |  |  |  |  | 9,589 |  |  |  |
Long-term debt, net |  | $ | 223,506 |  |  |  |  |  | $ | 234,474 |  |  |  |
Schedule of Aggregate Scheduled Maturities | The Company’s aggregate scheduled maturities of the Term Loan Facility and ABL Facility as of January 27, 2023 are as follows:
Scheduled maturities |  |  |
(in thousands) |  |  |
2023 |  | $ | 13,750 |
2024 |  |  | 13,750 |
2025 |  |  | 316,563 |
2026 |  |  | — |
2027 |  |  | — |
Total |  | $ | 344,063 |

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- 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
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- 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 https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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