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Financing (Tables)
12 Months Ended
Jan. 29, 2022
Debt Disclosure [Abstract]  
Summary of Long-term Debt

Long-term debt, net consisted of the following:

 

 

 

January 29,
2022

 

 

January 30,
2021

 

 

 

(Dollars in millions)

 

Revolving Credit Facility

 

$

121.0

 

 

$

85.5

 

Term Loan due 2023

 

 

 

 

 

635.4

 

Term Loan due 2024

 

 

 

 

 

72.8

 

Term Loan due 2028

 

 

673.3

 

 

 

 

Total debt

 

 

794.3

 

 

 

793.7

 

Less unamortized discount and debt costs

 

 

(8.9

)

 

 

(7.4

)

Total debt, net

 

 

785.4

 

 

 

786.3

 

Less current portion of debt

 

 

(6.8

)

 

 

 

Long-term debt, net

 

$

778.6

 

 

$

786.3

 

 

Schedule of Maturities of Long-term Debt

At January 29, 2022, the Company’s fixed minimum debt principal maturities were as follows:

 

Fiscal Year

 

Revolving
Credit
Facility

 

 

Term Loan
due 2028

 

 

Total

 

 

 

(Dollars in millions)

 

2023

 

$

 

 

$

6.8

 

 

$

6.8

 

2024

 

 

 

 

 

8.4

 

 

 

8.4

 

2025

 

 

 

 

 

6.8

 

 

 

6.8

 

2026

 

 

 

 

 

6.7

 

 

 

6.7

 

Thereafter

 

 

121.0

 

 

 

644.6

 

 

 

765.6

 

 

 

$

121.0

 

 

$

673.3

 

 

$

794.3