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CREDIT FACILITY (Tables)
3 Months Ended
May 02, 2015
Debt Disclosure [Abstract]  
Components of credit facility
 
May 2,
2015
 
January 31,
2015
 
May 3,
2014
Credit facility maximum
$
200.0

 
$
200.0

 
$
200.0

Borrowing base
193.3

 
183.2

 
200.0

 
 
 
 
 
 
Outstanding borrowings
11.2

 

 

Letters of credit outstanding—merchandise

 

 
0.9

Letters of credit outstanding—standby
7.1

 
9.1

 
9.1

Utilization of credit facility at end of period
18.3

 
9.1

 
10.0

 
 
 
 
 
 
Availability (1)
$
175.0

 
$
174.1

 
$
190.0

 
 
 
 
 
 
Interest rate at end of period
2.8
%
 
3.8
%
 
3.8
%
 
First Quarter 2015
 
Fiscal
2014
 
First Quarter 2014
Average end of day loan balance during the period
$
24.7

 
$
9.4

 
$
1.1

Highest end of day loan balance during the period
50.4

 
40.9

 
12.7

Average interest rate
3.1
%
 
3.2
%
 
3.8
%
____________________________________________
(1) 
The sublimit availability for the letters of credit was $42.9 million, $40.9 million, and $40.0 million at May 2, 2015, January 31, 2015, and May 3, 2014, respectively.