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Fair Value Measurements (Tables)
6 Months Ended
Jul. 31, 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 July 31, 2021 and August 1, 2020:

 

 

 

July 31, 2021

 

 

August 1, 2020

 

 

 

Carrying

Value

 

 

Fair

Value

 

 

Carrying

Value

 

 

Fair

Value

 

 

 

(Dollars in millions)

 

Term Loan due 2023 (a)

 

$

 

 

$

 

 

$

631.8

 

 

$

461.2

 

Term Loan due 2024 (a)

 

 

 

 

 

 

 

 

80.2

 

 

 

36.1

 

Term Loan due 2028 (a)

 

 

665.5

 

 

 

662.2

 

 

 

 

 

 

 

 

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