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Fair Value Measurements (Tables)
3 Months Ended
Apr. 30, 2022
Fair Value Measurements  
Schedule of fair value, assets and liabilities measured on recurring basis

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Fair Value Measurements

($ thousands)

    

Total

    

Level 1

    

Level 2

    

Level 3

Asset (Liability)

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April 30, 2022:

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Non-qualified deferred compensation plan assets

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$

7,567

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$

7,567

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$

—

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$

—

Non-qualified deferred compensation plan liabilities

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(7,567)

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(7,567)

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—

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—

Deferred compensation plan liabilities for non-employee directors

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(1,765)

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(1,765)

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—

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—

Restricted stock units for non-employee directors

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(2,559)

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(2,559)

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—

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—

May 1, 2021:

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Cash equivalents – money market funds

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$

57,000

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$

57,000

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$

—

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$

—

Non-qualified deferred compensation plan assets

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8,169

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8,169

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—

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—

Non-qualified deferred compensation plan liabilities

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(8,169)

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(8,169)

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—

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—

Deferred compensation plan liabilities for non-employee directors

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(1,185)

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(1,185)

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—

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—

Restricted stock units for non-employee directors

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(2,571)

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(2,571)

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—

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—

Mandatory purchase obligation - Blowfish Malibu

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(45,523)

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—

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—

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(45,523)

January 29, 2022:

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Non-qualified deferred compensation plan assets

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7,463

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7,463

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—

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—

Non-qualified deferred compensation plan liabilities

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(7,463)

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(7,463)

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—

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—

Deferred compensation plan liabilities for non-employee directors

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(1,770)

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(1,770)

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—

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—

Restricted stock units for non-employee directors

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(2,568)

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(2,568)

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—

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Details of long-lived asset impairment charges

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Thirteen Weeks Ended

($ thousands)

    

April 30, 2022

    

May 1, 2021

Long-Lived Asset Impairment Charges

 

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Famous Footwear

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$

370

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$

400

Brand Portfolio

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1,407

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1,488

Total long-lived asset impairment charges

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$

1,777

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$

1,888

Fair value, by balance Sheet grouping

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April 30, 2022

    

May 1, 2021

    

January 29, 2022

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Carrying

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Carrying

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Carrying

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($ thousands)

    

 Value (1)

    

Fair Value

    

 Value (1)

    

Fair Value

    

 Value (1)

    

Fair Value

Borrowings under revolving credit agreement

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$

305,000

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$

305,000

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$

200,000

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$

200,000

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$

290,000

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$

290,000

Long-term debt

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—

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—

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200,000

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200,500

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—

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—

Total debt

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$

305,000

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$

305,000

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$

400,000

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$

400,500

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$

290,000

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$

290,000

(1)Excludes unamortized debt issuance costs and debt discount