- Definition

The carrying value as of the balance sheet date of the noncurrent portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a 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. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Description of Business and Basis of Presentation (Details) - USD ($) $ in Thousands		3 Months Ended
	Apr. 17, 2020	May 02, 2020	Mar. 27, 2020	Feb. 01, 2020	May 04, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Borrowings under Credit Facility		$ 1,429,000		$ 224,100	$ 369,500
Increase in borrowing capacity of Credit Facility			$ 255,000
Par value	$ 575,000	575,000			$ 0
Proceeds from Convertible Senior Notes, net of purchase of bond hedge, proceeds from warrants, and cash paid for debt issuance costs	$ 500,000
Employee retention tax credits		16,600
Incremental compensation and safety costs		34,000
Inventory write-downs		$ 28,000