Other Non-Current Obligations

12 Months Ended

Feb. 01, 2020

Other Non-Current Obligations

Other Non-Current Obligations

NOTE 8—OTHER NON-CURRENT OBLIGATIONS

Other non-current obligations consist of the following (in thousands):

	February 1,		February 2,
	2020		2019
Notes payable for share repurchases	$	18,741	$	18,741
Rollover units and profit interests (1)		3,064		2,637
Unrecognized tax benefits		3,020		2,992
Deferred contract incentive (2)		595		2,976
Other non-current obligations		3,100		5,166
Total other non-current obligations	$	28,520	$	32,512

(1) Represents rollover units and profit interests associated with the acquisition of Waterworks. Refer to Note 16—Stock-Based Compensation.

(2) Represents the non-current portion of an incentive payment received in relation to a 5-year service agreement, which will be amortized over the term of the agreement.