Line of Credit	12 Months Ended
Feb. 01, 2020
Debt Disclosure [Abstract]
Line of Credit	Line of Credit Our amended and restated credit agreement with Wells Fargo Bank, N.A. ("Bank") provides for a $25.0 million revolving line of credit with a maturity date of January 31, 2023. The interest rate charged on borrowings is at a rate equal to the sum of an index rate of interest plus a margin rate of interest. In the event any index rate of interest would be less than zero percent (0.0%), the index rate of interest shall be deemed to be zero percent (0.0%) and the applicable promissory note or other instrument or document shall bear interest at a rate equal to the margin rate of interest. The agreement allows for the declaration and payment of dividends or distributions to stockholders. The line of credit is secured by substantially all of our assets. As a sub-feature under the revolving line of credit, the Bank may also issue stand-by and/or commercial letters of credit up to $15.0 million. We are required to maintain certain financial and non-financial covenants in accordance with the line of credit. The financial covenants require certain levels of leverage and profitability, such as (i) income before income taxes must not be less than $1.0 million (calculated at the end of each fiscal quarter on a trailing 12-month basis), (ii) Fixed Charge Coverage Ratio not less than 1.25 to 1.0 as of each quarter end, determined on a trailing 12-month basis, with "Fixed Charge Coverage Ratio" defined as (a) the EBITDAR minus cash taxes, dividends, distributions, redemptions and repurchases of equity interest, divided by (b) the aggregate of the current maturity of long-term debt, capitalized lease payments, interest expense and rent expense, and (ii) requires minimum inventory, cash, cash equivalents and marketable securities totaling $50 million as of the end of each quarter. In August 2019, we entered into an amendment to increase our stand-by letter of credit from $1.1 million to $1.3 million. The letter of credit was established for security against insurance claims as required by our workers' compensation insurance policy. There has been no activity under this letter of credit since its inception. As of February 1, 2020, we were in violation on one of our covenants and had no outstanding borrowings under the line of credit. Our Fixed Charge Coverage Ratio was 1.19 to 1.0, which falls below the 1.25 to 1.0 required minimum levels for borrowing under the line of credit. We do not except to meet this covenant at the end of our first quarter of fiscal 2020. The bank has provided a waiver of the breech of the violation. On March 24, 2020, we borrowed approximately $23.7 million under our revolving credit facility, which represented the maximum borrowings permitted thereunder, at an interest rate of approximately 1.7% per annum. Refer to Note 19: “Subsequent Events” for further information.

Line of Credit

Our amended and restated credit agreement with Wells Fargo Bank, N.A. ("Bank") provides for a $25.0 million revolving line of credit with a maturity date of January 31, 2023. The interest rate charged on borrowings is at a rate equal to the sum of an index rate of interest plus a margin rate of interest. In the event any index rate of interest would be less than zero percent (0.0%), the index rate of interest shall be deemed to be zero percent (0.0%) and the applicable promissory note or other instrument or document shall bear interest at a rate equal to the margin rate of interest. The agreement allows for the declaration and payment of dividends or distributions to stockholders. The line of credit is secured by substantially all of our assets. As a sub-feature under the revolving line of credit, the Bank may also issue stand-by and/or commercial letters of credit up to $15.0 million.

We are required to maintain certain financial and non-financial covenants in accordance with the line of credit. The financial covenants require certain levels of leverage and profitability, such as (i) income before income taxes must not be less than $1.0 million (calculated at the end of each fiscal quarter on a trailing 12-month basis), (ii) Fixed Charge Coverage Ratio not less than 1.25 to 1.0 as of each quarter end, determined on a trailing 12-month basis, with "Fixed Charge Coverage Ratio" defined as (a) the EBITDAR minus cash taxes, dividends, distributions, redemptions and repurchases of equity interest, divided by (b) the aggregate of the current maturity of long-term debt, capitalized lease payments, interest expense and rent expense, and (ii) requires minimum inventory, cash, cash equivalents and marketable securities totaling $50 million as of the end of each quarter.

In August 2019, we entered into an amendment to increase our stand-by letter of credit from $1.1 million to $1.3 million. The letter of credit was established for security against insurance claims as required by our workers' compensation insurance policy. There has been no activity under this letter of credit since its inception.

As of February 1, 2020, we were in violation on one of our covenants and had no outstanding borrowings under the line of credit. Our Fixed Charge Coverage Ratio was 1.19 to 1.0, which falls below the 1.25 to 1.0 required minimum levels for borrowing under the line of credit. We do not except to meet this covenant at the end of our first quarter of fiscal 2020. The bank has provided a waiver of the breech of the violation. On March 24, 2020, we borrowed approximately $23.7 million under our revolving credit facility, which represented the maximum borrowings permitted thereunder, at an interest rate of approximately 1.7% per annum. Refer to Note 19: “Subsequent Events” for further information.