Credit Facilities (Tables)

3 Months Ended

May 02, 2020

Debt Disclosure

Schedule of Credit Facilities

The outstanding balances under our credit facilities were as follows (in thousands):

	May 2,						February 1,
	2020						2020
	Outstanding		Unamortized Debt		Net Carrying		Outstanding		Unamortized Debt		Net Carrying
	Amount		Issuance Costs		Amount		Amount		Issuance Costs		Amount
Asset based credit facility (1)	$	10,000	$	—	$	10,000	$	—	$	—	$	—
Equipment promissory notes (2)		48,337		(275)		48,062		53,372		(310)		53,062
Total credit facilities	$	58,337	$	(275)	$	58,062	$	53,372	$	(310)	$	53,062

(1) Deferred financing fees associated with the asset based credit facility as of May 2, 2020 and February 1, 2020 were $2.3 million and $2.6 million, respectively, and are included in other non-current assets on the condensed 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 our property and equipment, of which $19.6 million outstanding was included in other current liabilities on the condensed consolidated balance sheets. The remaining $28.7 million outstanding, included in other non-current obligations on the condensed consolidated balance sheets, has principal payments due of $16.2 million, $11.4 million and $1.1 million in fiscal 2021, fiscal 2022 and fiscal 2023, respectively.