CREDIT FACILITY (Tables)

3 Months Ended

May 04, 2019

Debt Disclosure [Abstract]

Components of credit facility

	May 4, 2019			February 2, 2019			May 5, 2018
	(In millions)
Credit facility maximum	$	250.0		$	250.0		$	250.0
Borrowing base	250.0			250.0			250.0
Outstanding borrowings	153.1			48.9			46.8
Letters of credit outstanding—standby	6.3			7.0			7.0
Utilization of credit facility at end of period	159.4			55.9			53.8
Availability (1)	$	90.6		$	194.1		$	196.2
Interest rate at end of period	3.8		%	6.0		%	3.5		%

	First Quarter 2019			Fiscal 2018			First Quarter 2018
Average end of day loan balance during the period	$	141.8		$	64.4		$	38.8
Highest end of day loan balance during the period	196.8			156.4			151.6
Average interest rate	4.6		%	4.3		%	4.6		%

____________________________________________

⁽¹⁾  The sublimit availability for the letters of credit was $43.7 million, $43.0 million, and $43.0 million at May 4, 2019, February 2, 2019, and May 5, 2018, respectively.