Fair Value Measurements (Tables)

9 Months Ended

Oct. 30, 2021

Fair Value Measurements

Schedule of fair value, assets and liabilities measured on recurring basis

	Fair Value Measurements
($ thousands)	Total		Level 1		Level 2		Level 3
Asset (Liability)
October 30, 2021:
Cash equivalents – money market funds	$	35,000	$	35,000	$	—	$	—
Non-qualified deferred compensation plan assets		7,789		7,789		—		—
Non-qualified deferred compensation plan liabilities		(7,789)		(7,789)		—		—
Deferred compensation plan liabilities for non-employee directors		(1,764)		(1,764)		—		—
Restricted stock units for non-employee directors		(2,558)		(2,558)		—		—
Mandatory purchase obligation - Blowfish Malibu		(54,558)		—		—		(54,558)
October 31, 2020:
Cash equivalents – money market funds	$	82,500	$	82,500	$	—	$	—
Non-qualified deferred compensation plan assets		7,741		7,741		—		—
Non-qualified deferred compensation plan liabilities		(7,741)		(7,741)		—		—
Deferred compensation plan liabilities for non-employee directors		(813)		(813)		—		—
Restricted stock units for non-employee directors		(840)		(840)		—		—
Mandatory purchase obligation - Blowfish Malibu		(30,146)		—		—		(30,146)
January 30, 2021:
Cash equivalents – money market funds	$	45,000	$	45,000	$	—	$	—
Non-qualified deferred compensation plan assets		7,918		7,918		—		—
Non-qualified deferred compensation plan liabilities		(7,918)		(7,918)		—		—
Deferred compensation plan liabilities for non-employee directors		(989)		(989)		—		—
Restricted stock units for non-employee directors		(1,661)		(1,661)		—		—
Mandatory purchase obligation - Blowfish Malibu		(39,134)		—		—		(39,134)

Details of long-lived asset impairment charges

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
($ thousands)	October 30, 2021		October 31, 2020		October 30, 2021		October 31, 2020
Long-Lived Asset Impairment Charges
Famous Footwear	$	400	$	—	$	1,200	$	14,896
Brand Portfolio		711		398		2,199		20,724
Total long-lived asset impairment charges	$	1,111	$	398	$	3,399	$	35,620

Fair value, by balance Sheet grouping

	October 30, 2021				October 31, 2020				January 30, 2021
	Carrying				Carrying				Carrying
($ thousands)	Value (1)		Fair Value		Value (1)		Fair Value		Value (1)		Fair Value
Borrowings under revolving credit agreement	$	175,000	$	175,000	$	300,000	$	300,000	$	250,000	$	250,000
Current portion of long-term debt		100,000		100,000		—		—		—		—
Long-term debt		—		—		200,000		188,750		200,000		201,000
Total debt	$	275,000	$	275,000	$	500,000	$	488,750	$	450,000	$	451,000

(1) Excludes unamortized debt issuance costs and debt discount