Fair Value (Tables)

9 Months Ended

Oct. 28, 2017

Company's Assets and Liabilities Measured at Fair Value

The three levels of the hierarchy and the distribution within these levels of the Company’s assets and liabilities, which are measured at fair value on a recurring basis, were as follows:



	Assets and Liabilities at Fair Value as of October 28, 2017
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Trust-owned life insurance policies (at cash surrender value)	$	—	$	101,962	$	—	$	101,962
Money market funds	25,071		—		—		25,071
Derivative financial instruments	—		1,256		—		1,256
Total assets	$	25,071	$	103,218	$	—	$	128,289

Liabilities:
Derivative financial instruments	$	—	$	3,553	$	—	$	3,553
Total liabilities	$	—	$	3,553	$	—	$	3,553



	Assets and Liabilities at Fair Value as of January 28, 2017
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Trust-owned life insurance policies (at cash surrender value)	$	—	$	99,654	$	—	$	99,654
Money market funds	94,026		—		—		94,026
Derivative financial instruments	—		6,042		—		6,042
Total assets	$	94,026	$	105,696	$	—	$	199,722

Liabilities:
Derivative financial instruments	$	—	$	492	$	—	$	492
Total liabilities	$	—	$	492	$	—	$	492

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

The carrying amount and fair value of the Company’s borrowings under the term loan facility were as follows:



(in thousands)	October 28, 2017		January 28, 2017
Gross borrowings outstanding, carrying amount	$	268,250	$	268,250
Gross borrowings outstanding, fair value	$	266,909	$	260,551