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Credit Facilities (Tables)
6 Months Ended
Aug. 01, 2020
Debt Disclosure  
Schedule of Credit Facilities

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

August 1,

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)

$

91,600

$

$

91,600

$

$

$

Equipment promissory notes (2)

 

48,523

 

(240)

 

48,283

 

53,372

 

(310)

 

53,062

Total credit facilities

$

140,123

$

(240)

$

139,883

$

53,372

$

(310)

$

53,062

(1)Deferred financing fees associated with the asset based credit facility as of August 1, 2020 and February 1, 2020 were $2.1 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 $22.2 million outstanding was included in other current liabilities on the condensed consolidated balance sheets. The remaining $26.3 million outstanding, included in other non-current obligations on the condensed consolidated balance sheets, has principal payments due of $11.5 million, $13.6 million and $1.2 million in fiscal 2021, fiscal 2022 and fiscal 2023, respectively.