The following table details our debt (in thousands):



	January 31, 2015			February 1, 2014
$235 million U.S. Secured Revolving Credit Facility ("U.S. Revolving Credit Agreement")(1)	$	104,842		$	137,592
£7 million Senior Secured Revolving Credit Facility ("U.K. Revolving Credit Agreement")(2)	4,126			3,993
Total debt	108,968			141,585
Short-term debt	(4,126		)	(3,993		)
Long-term debt	$	104,842		$	137,592

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(1)

The U.S. Revolving Credit Agreement generally (i) is limited to a borrowing base consisting of specified percentages of eligible categories of assets; (ii) accrues variable-rate interest (weighted average borrowing rate of 1.8% as of January 31, 2015), unused line fees and letter of credit fees based upon a pricing grid which is tied to average unused availability and/or utilization; (iii) requires periodic interest payments with principal due at maturity (November 2018); and (iv) is generally secured by a first priority security interest in the accounts receivable, inventory, general intangibles and eligible trademarks, investment property (including the equity interests of certain subsidiaries), deposit accounts, intercompany obligations, equipment, goods, documents, contracts, books and records and other personal property of Oxford Industries, Inc. and substantially all of its domestic subsidiaries.


(2)	The U.K. Revolving Credit Agreement generally (i) accrues interest at the bank's base rate plus an applicable margin (4.0% as of January 31, 2015); (ii) requires interest payments monthly with principal payable on demand; and (iii) is collateralized by substantially all of the assets of our United Kingdom Ben Sherman subsidiaries.