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Debt (Tables)

12 Months Ended

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.

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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

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

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