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CREDIT FACILITY (Tables)
9 Months Ended
Oct. 31, 2015
Debt Disclosure [Abstract]  
Components of credit facility
 
October 31,
2015
 
January 31,
2015
 
November 1,
2014
Credit facility maximum
$
250.0

 
$
200.0

 
$
200.0

Borrowing base
250.0

 
183.2

 
200.0

 
 
 
 
 
 
Outstanding borrowings
34.4

 

 
19.1

Letters of credit outstanding—merchandise

 

 
0.1

Letters of credit outstanding—standby
7.1

 
9.1

 
9.1

Utilization of credit facility at end of period
41.5

 
9.1

 
28.3

 
 
 
 
 
 
Availability (1)
$
208.5

 
$
174.1

 
$
171.7

 
 
 
 
 
 
Interest rate at end of period
2.3
%
 
3.8
%
 
2.1
%
 
Year-To-Date 2015
 
Fiscal
2014
 
Year-To-Date 2014
Average end of day loan balance during the period
$
34.0

 
$
9.4

 
$
9.7

Highest end of day loan balance during the period
67.5

 
40.9

 
40.9

Average interest rate
2.7
%
 
3.2
%
 
3.3
%
____________________________________________
(1) 
The sublimit availability for the letters of credit was $42.9 million, $40.9 million, and $40.8 million at October 31, 2015, January 31, 2015, and November 1, 2014, respectively.