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CREDIT FACILITY (Tables) | 9 Months Ended
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Oct. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Line of Credit Facilities [Table Text Block] |
| October 31, 2020 |  | February 1, 2020 |  | November 2, 2019
| (in millions)
Credit facility maximum | $ | 360.0 |  |  | $ | 325.0 |  |  | $ | 325.0 |
Borrowing base | 360.0 |  |  | 282.1 |  |  | 325.0 |
Outstanding borrowings | 179.4 |  |  | 170.8 |  |  | 184.2 |
Letters of credit outstanding—standby | 7.8 |  |  | 6.2 |  |  | 6.2 |
Utilization of credit facility at end of period | 187.2 |  |  | 177.0 |  |  | 190.4 |
Availability (1) | $ | 172.8 |  |  | $ | 105.1 |  |  | $ | 134.6 |
Interest rate at end of period | 3.9 | % |  | 3.4 | % |  | 3.3 | %
| Year-To-Date 2020 |  | Fiscal 2019 |  | Year-To-Date 2019
Average end of day loan balance during the period | $ | 233.2 |  |  | $ | 192.0 |  |  | $ | 192.1 |
Highest end of day loan balance during the period | 275.6 |  |  | 262.5 |  |  | 262.5 |
Average interest rate | 3.7 | % |  | 4.0 | % |  | 4.1 | %
____________________________________________ (1)The sublimit availability for the letters of credit was $42.2 million at October 31, 2020 and $43.8 million at February 1, 2020 and November 2, 2019.
Schedule of Maturities of Long-term Debt |
Period | Future Principal Payments
| (in thousands)
Remainder of 2020 | $ | — |
2021 | 3,000 |
2022 | 5,500 |
2023 | 7,500 |
2024 | 64,000 |
Total future principal payments | $ | 80,000 |
Schedule of Long-term Debt Instruments [Table] |
| October 31, 2020 |  |  |  |
| (in thousands)
Term Loan principal | $ | 80,000 |  |  |  |  |
Less: Unamortized discount, net | (1,224) |  |  |  |  |
Less: Unamortized debt issuance costs, net | (1,141) |  |  |  |  |
Term Loan, net | 77,635 |  |  |  |  |
Less: Current portion, net | (1,328) |  |  |  |  |
Long-term debt, net | $ | 76,307 |  |  |  |  |

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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 http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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