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DEBT (Tables)
12 Months Ended
Jan. 29, 2022
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities
The table below presents the components of the Company’s ABL Credit Facility and Previous ABL Credit Facility:
 January 29,
2022
January 30,
2021
(in millions)
Credit facility maximum $350.0$360.0
Borrowing base (1)
279.7282.2
Outstanding borrowings175.3169.8
Letters of credit outstanding—standby7.48.2
Utilization of credit facility at end of period182.7178.0
Availability (2)
$97.0$104.2
Interest rate at end of period1.6%4.2%
Fiscal Years Ended
 January 29,
2022
January 30,
2021
Average end of day loan balance during the period$187.0$216.2
Highest end of day loan balance during the period269.7275.6
Average interest rate3.6%3.8%
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(1)Lower of the credit facility maximum or the total borrowing base collateral.
(2)The sub-limit availability for letters of credit was $42.6 million and $41.8 million at January 29, 2022 and January 30, 2021, respectively.