Debt (Tables)

3 Months Ended

May 01, 2020

Debt Disclosure [Abstract]

Schedule of Company's Debt

The Company's debt consisted of the following:

	May 1, 2020					May 3, 2019					January 31, 2020
(in thousands)	Amount		Rate			Amount		Rate			Amount		Rate
Term Loan Facility, maturing April 4, 2021	$	384,100		4.25	%	$	389,250		5.75	%	$	385,388		5.05	%
ABL Facility, maturing November 16, 2022		75,000		2.07	%		—	—%				—	—%
		459,100					389,250					385,388
Less: Current maturities in Current liabilities		457,858					5,150					5,150
Less: Unamortized debt issuance costs		1,242					2,596					1,581
Long-term debt, net	$	—				$	381,504				$	378,657

Summary of Company's Borrowing Availability Under ABL Facility

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

(in thousands)	May 1, 2020		May 3, 2019		January 31, 2020
ABL Facility maximum borrowing	$	200,000	$	175,000	$	175,000
Current borrowings under ABL		75,000		—		—
Outstanding letters of credit		8,656		11,203		23,299
Borrowing availability under ABL	$	116,344	$	163,797	$	151,701