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Fair Value Measurements (Tables)
3 Months Ended
May 01, 2021
Fair Value Disclosures [Abstract]  
Summary of Carrying and Fair Values of Term Loans The following provides the carrying and fair values of the Company’s Term Loans as of May 1, 2021 and May 2, 2020:

 

 

 

May 1, 2021

 

 

May 2, 2020

 

 

 

Carrying

Value

 

 

Fair

Value

 

 

Carrying

Value

 

 

Fair

Value

 

 

 

(Dollars in millions)

 

Term Loan due 2023 (a)

 

$

629.4

 

 

$

626.4

 

 

$

831.5

 

 

$

249.5

 

Term Loan due 2024 (a)

 

 

 

 

 

 

 

 

207.5

 

 

 

41.5

 

 

(a)Net of deferred financing costs and original issue discount.