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CREDIT FACILITY (Tables)
6 Months Ended
Jul. 30, 2016
Debt Disclosure [Abstract]  
Components of credit facility
 
July 30,
2016
 
January 30,
2016
 
August 1,
2015
Credit facility maximum
$
250.0

 
$
250.0

 
$
200.0

Borrowing base
249.2

 
211.7

 
200.0

 
 
 
 
 
 
Outstanding borrowings
43.9

 

 
29.6

Letters of credit outstanding—merchandise

 

 

Letters of credit outstanding—standby
7.9

 
7.1

 
7.1

Utilization of credit facility at end of period
51.8

 
7.1

 
36.7

 
 
 
 
 
 
Availability (1)
$
197.4

 
$
204.6

 
$
163.3

 
 
 
 
 
 
Interest rate at end of period
2.0
%
 
4.0
%
 
2.0
%
 
Year-To-Date 2016
 
Fiscal
2015
 
Year-To-Date 2015
Average end of day loan balance during the period
$
39.3

 
$
28.5

 
$
33.7

Highest end of day loan balance during the period
75.1

 
67.5

 
67.5

Average interest rate
2.4
%
 
2.7
%
 
2.7
%
____________________________________________
(1) 
The sublimit availability for the letters of credit was $42.1 million, $42.9 million, and $42.9 million at July 30, 2016, January 30, 2016, and August 1, 2015, respectively.