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CREDIT FACILITY (Tables)
3 Months Ended
May 03, 2014
Debt Disclosure [Abstract]  
Components of credit facility
 
May 3,
2014
 
February 1,
2014
 
May 4,
2013
Credit facility maximum
$
200.0

 
$
150.0

 
$
150.0

Borrowing base
200.0

 
150.0

 
150.0

 
 
 
 
 
 
Outstanding borrowings

 

 

Letters of credit outstanding—merchandise
0.9

 
1.2

 
28.0

Letters of credit outstanding—standby
9.1

 
9.9

 
11.2

Utilization of credit facility at end of period
10.0

 
11.1

 
39.2

 
 
 
 
 
 
Availability (1)
$
190.0

 
$
138.9

 
$
110.8

 
 
 
 
 
 
Interest rate at end of period
3.8
%
 
3.8
%
 
3.8
%
 
First Quarter 2014
 
Fiscal
2013
 
First Quarter 2013
Average end of day loan balance during the period
$
1.1

 
$

 
$

Highest end of day loan balance during the period
12.7

 
10.4

 

Average interest rate
3.8
%
 
3.8
%
 
3.8
%
____________________________________________
(1)
The sublimit availability for the letters of credit was $40.0 million, $113.9 million, and $85.8 million at May 3, 2014, February 1, 2014, and May 4, 2013, respectively.