Debt (Tables)

12 Months Ended

Jan. 27, 2017

Debt Disclosure [Abstract]

Company's Debt

The Company's debt consisted of the following:

	January 27, 2017				January 29, 2016
(in thousands)	Principal Amount		Interest Rate		Principal Amount		Interest Rate
Term Loan Facility, maturing April 4, 2021	$	500,838	4.25	%	$	505,988	4.25	%
ABL Facility, maturing April 4, 2019	—		—	%	—		—	%
	500,838				505,988
Less: current maturities in Other current liabilities	5,150				5,150
Less: unamortized debt issuance costs	5,645				7,000
Long-term debt, net	$	490,043			$	493,838

Schedule of aggregate scheduled maturities

The Company’s aggregate scheduled maturities of the Term Loan Facility as of January 27, 2017 are as follows:

(in thousands)
Less than 1 year	$	5,150
1 - 2 years	5,150
2 - 3 years	5,150
3 - 4 years	5,150
4 - 5 years	480,238
	$	500,838

Company's borrowing availability under ABL Facility

The following table summarizes the Company's borrowing availability under the ABL Facility:

(in thousands)	January 27, 2017		January 29, 2016
ABL maximum borrowing	$	175,000	$	175,000
Outstanding letters of credit	19,705		24,311
Borrowing availability under ABL	$	155,295	$	150,689