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Long-Term Debt
6 Months Ended
Jul. 29, 2018
Debt Instruments [Abstract]  
Long-Term Debt
Long-term debt and the current period interest rates were as follows:
 
Balance as of
(in thousands)
July 29, 
2018
 
January 28, 
2018
Term loan
$
123,750

 
$
131,250

Revolving credit facility
97,000

 
97,000

Total debt
220,750

 
228,250

Current portion
(17,307
)
 
(15,410
)
Total long-term debt
203,443

 
212,840

Debt issuance costs
(1,457
)
 
(1,726
)
Total long-term debt, net of debt issuance costs
$
201,986

 
$
211,114

Weighted-average interest rate
3.73
%
 
3.19
%

On November 15, 2016, the Company, with certain of its domestic subsidiaries or guarantors, entered into an amended and restated credit facility with the lenders party thereto and HSBC Bank USA, National Association, as administrative agent, swing line lender and letter of credit issuer, consisting of a $150.0 million senior secured term loan (“Term Loan”) and a $250.0 million senior secured revolving credit facility (“Revolving Credit Facility”), collectively, the “credit facilities”. The Credit Facilities are scheduled to mature on November 12, 2021.
The outstanding principal balance of the Term Loans is subject to repayment in quarterly installments. No amortization is required with respect to the Revolving Credit Facility. As of July 29, 2018, we were in compliance with all financial covenants required under the credit facilities.
Scheduled maturities of current and long-term Term Loans are as follows:
(in thousands)
 
Fiscal Year Ending:
 
2019
$
8,438

2020
18,750

2021
19,687

2022
76,875

Total Term Loans
$
123,750


As of July 29, 2018, we had $153.0 million of unused borrowing capacity under the Revolving Credit Facility.
As of July 29, 2018, there were no amounts outstanding under the letters of credit, swing line loans and alternative currency sub-facilities.