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CREDIT FACILITY (Tables)
 3 Months Ended
Apr. 30, 2016
Debt Disclosure [Abstract]  
Components of credit facility
 
April 30,
2016
 
January 30,
2016
 
May 2,
2015
Credit facility maximum
$
250.0

 
$
250.0

 
$
200.0

Borrowing base
204.5

 
211.7

 
193.3

 
 
 
 
 
 
Outstanding borrowings
25.0

 
—

 
11.2

Letters of credit outstanding—merchandise
—

 
—

 
—

Letters of credit outstanding—standby
7.9

 
7.1

 
7.1

Utilization of credit facility at end of period
32.9

 
7.1

 
18.3

 
 
 
 
 
 
Availability (1)
$
171.6

 
$
204.6

 
$
175.0

 
 
 
 
 
 
Interest rate at end of period
1.8
%
 
4.0
%
 
2.8
%
 
First Quarter 2016
 
Fiscal
2015
 
First Quarter 2015
Average end of day loan balance during the period
$
25.3

 
$
28.5

 
$
24.7

Highest end of day loan balance during the period
46.4

 
67.5

 
50.4

Average interest rate
2.6
%
 
2.7
%
 
3.1
%
____________________________________________
(1) 
The sublimit availability for the letters of credit was $42.1 million, $42.9 million, and $42.9 million at April 30, 2016, January 30, 2016, and May 2, 2015, respectively.