SUBSEQUENT EVENT	6 Months Ended
Aug. 02, 2015
SUBSEQUENT EVENT.
SUBSEQUENT EVENT	NOTE 14—SUBSEQUENT EVENT On August 13, 2015, HDS entered into an incremental amendment (the “Incremental Agreement”) to the credit agreement governing its existing Term Loan Facility, pursuant to which HDS requested a borrowing of a new $850 million tranche of senior secured term loans, the proceeds of which, together with cash on hand and available borrowings under HDS’s Senior ABL Facility, were used to prepay in full the tranche of senior secured term loans outstanding under the existing Term Loan Facility as of the date of the Incremental Agreement. The new Term Loans will mature on the later date of August 13, 2021 and bear interest at the reduced applicable margin for borrowings of 2.75% for LIBOR borrowings and 1.75% for base rate borrowings (down from, respectively, 3.00% and 2.00% applicable to the redeemed Term Loans), with the LIBOR floor to remain at 1.00%. The new Term Loans amortize in equal quarterly installments in aggregate annual amounts equal to 1.00% of the original principal amount of such Term Loans, beginning in December 2015 with the balance payable on such Term Loans’ maturity date. The Incremental Agreement also provides for a prepayment premium equal to 1.00% of the aggregate principal amount of Term Loans being prepaid if, on or prior to February 13, 2016, the Company enters into certain repricing transactions. The amended Term Loan Facility will permit the Company to pay down certain existing junior debt with asset sale proceeds, including the expected proceeds of the recently announced sale of the Power Solutions business unit. The Company expects to use the Power Solutions net sale proceeds to redeem all of the outstanding 11% April 2012 Second Priority Notes. In connection with the amendment, the Company expects to record a modification and extinguishment charge of approximately $20 million, which includes financing fees and other costs of approximately $5 million and $15 million to write off a portion of the related unamortized discount and deferred financing costs, in accordance with ASC 470-50, “Debt — Modifications and Extinguishments.”

NOTE 14—SUBSEQUENT EVENT

On August 13, 2015, HDS entered into an incremental amendment (the “Incremental Agreement”) to the credit agreement governing its existing Term Loan Facility, pursuant to which HDS requested a borrowing of a new $850 million tranche of senior secured term loans, the proceeds of which, together with cash on hand and available borrowings under HDS’s Senior ABL Facility, were used to prepay in full the tranche of senior secured term loans outstanding under the existing Term Loan Facility as of the date of the Incremental Agreement. The new Term Loans will mature on the later date of August 13, 2021 and bear interest at the reduced applicable margin for borrowings of 2.75% for LIBOR borrowings and 1.75% for base rate borrowings (down from, respectively, 3.00% and 2.00% applicable to the redeemed Term Loans), with the LIBOR floor to remain at 1.00%. The new Term Loans amortize in equal quarterly installments in aggregate annual amounts equal to 1.00% of the original principal amount of such Term Loans, beginning in December 2015 with the balance payable on such Term Loans’ maturity date. The Incremental Agreement also provides for a prepayment premium equal to 1.00% of the aggregate principal amount of Term Loans being prepaid if, on or prior to February 13, 2016, the Company enters into certain repricing transactions. The amended Term Loan Facility will permit the Company to pay down certain existing junior debt with asset sale proceeds, including the expected proceeds of the recently announced sale of the Power Solutions business unit. The Company expects to use the Power Solutions net sale proceeds to redeem all of the outstanding 11% April 2012 Second Priority Notes.

In connection with the amendment, the Company expects to record a modification and extinguishment charge of approximately $20 million, which includes financing fees and other costs of approximately $5 million and $15 million to write off a portion of the related unamortized discount and deferred financing costs, in accordance with ASC 470-50, “Debt — Modifications and Extinguishments.”