Other Non-Current Obligations

6 Months Ended

Aug. 04, 2018

Other Liabilities Disclosure [Abstract]

NOTE 6—OTHER NON-CURRENT OBLIGATIONS

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

	August 4,		February 3,
	2018		2018
Notes payable for share repurchases	$	18,741	$	19,390
Capital lease obligations—non-current		8,012		7,509
Lease loss liabilities		7,393		9,684
Deferred contract incentive ⁽¹⁾		4,167		5,358
Unrecognized tax benefits		3,955		3,728
Rollover units and profit interests ⁽²⁾		2,424		2,211
Other non-current obligations		3,155		2,996
Equipment security notes ⁽³⁾		—		13,864
Promissory note ⁽⁴⁾		—		11,627
Total other non-current obligations	$	47,847	$	76,367

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

(2)	Represents rollover units and profit interests associated with the acquisition of Waterworks. Refer to Note 13—Stock-Based Compensation.

(3)

Represents the non-current portion of equipment security notes secured by certain of the Company’s distribution center property and equipment. The equipment security notes were repaid in full in June 2018. As a result of the repayment, the Company incurred a $0.2 million loss on extinguishment of debt.

(4)	Represents the non-current portion of a promissory note secured by the Company’s aircraft. The promissory note was repaid in full in June 2018. As a result of the repayment, the Company incurred a $0.2 million loss on extinguishment of debt.