XML 30 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Financing Arrangements - Notes to Financial Statements
12 Months Ended
Feb. 02, 2019
Financing Arrangements [Abstract]  
Financing Arrangements

8. Financing Arrangements

As of February 2, 2019, the Company had an unsecured revolving credit agreement to borrow $35.0 million less the balance of any revocable credits discussed below. The revolving credit agreement is committed until August 2019. The credit agreement contains various financial covenants and limitations, including the maintenance of specific financial ratios with which the Company was in compliance as of February 2, 2019. There were no borrowings outstanding under this credit facility as of February 2, 2019, February 3, 2018 or January 28, 2017. At February 2, 2019, the weighted average interest rate under the credit facility was zero due to no borrowings outstanding at the end of the year.

At February 2, 2019, February 3, 2018 and January 28, 2017, the Company had no outstanding revocable letters of credit relating to purchase commitments.