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CREDIT FACILITY (Tables)
3 Months Ended
Apr. 29, 2017
Debt Disclosure [Abstract]  
Components of credit facility
 
April 29,
2017
 
January 28,
2017
 
April 30,
2016
 
(In millions)
Credit facility maximum
$
250.0

 
$
250.0

 
$
250.0

Borrowing base
214.5

 
223.8

 
204.5

 
 
 
 
 
 
Outstanding borrowings
27.4

 
15.4

 
25.0

Letters of credit outstanding—standby
7.1

 
7.3

 
7.9

Utilization of credit facility at end of period
34.5

 
22.7

 
32.9

 
 
 
 
 
 
Availability (1)
$
180.0

 
$
201.1

 
$
171.6

 
 
 
 
 
 
Interest rate at end of period
2.9
%
 
2.8
%
 
1.8
%
 
First Quarter 2017
 
Fiscal
2016
 
First Quarter 2016
Average end of day loan balance during the period
$
47.4

 
$
39.9

 
$
25.3

Highest end of day loan balance during the period
75.6

 
95.8

 
46.4

Average interest rate
2.6
%
 
2.4
%
 
2.6
%
____________________________________________
(1) 
The sublimit availability for the letters of credit was $42.9 million, $42.7 million, and $42.1 million at April 29, 2017, January 28, 2017, and April 30, 2016, respectively.