Credit Facilities (Tables)

12 Months Ended

Feb. 01, 2020

Debt Disclosure

Schedule of Credit Facilities

The outstanding balances under the Company’s credit facilities were as follows (in thousands):

	February 1,						February 2,
	2020						2019
	Outstanding		Unamortized Debt		Net Carrying		Outstanding		Unamortized Debt		Net Carrying
	Amount		Issuance Costs		Amount		Amount		Issuance Costs		Amount
Asset based credit facility (1)	$	—	$	—	$	—	$	57,500	$	—	$	57,500
Equipment promissory notes (2)		53,372		(310)		53,062		—		—		—
Total credit facilities	$	53,372	$	(310)	$	53,062	$	57,500	$	—	$	57,500

(1) Deferred financing fees associated with the asset based credit facility as of February 1, 2020 and February 2, 2019 were $2.6 million and $3.4 million, respectively, and are included in other non-current assets on the consolidated balance sheets. The deferred financing fees are amortized on a straight line basis over the life of the revolving line of credit, which has a maturity date of June 28, 2022.

(2) Represents total equipment security notes secured by certain of the Company’s property and equipment, of which $22.0 million outstanding was included in other current liabilities. The remaining $31.4 million outstanding, included in other non-current obligations on the consolidated balance sheets, has principal payments due of $23.0 million, $7.9 million and $0.5 million in fiscal 2021, fiscal 2022 and fiscal 2023, respectively.