Long-Term Debt

12 Months Ended

Feb. 03, 2024

Long-term Debt, Unclassified [Abstract]

Long-Term Debt

4.  Long-Term Debt

Long-term debt, including any current portion, of $321.5 million and $321.4 million was outstanding at February 3, 2024 and January 28, 2023, respectively. The debt outstanding at February 3, 2024 consisted of unsecured notes, bearing interest rates ranging from 7.000% to 7.750% and maturing during fiscal 2026 through fiscal 2028. There are no financial covenants under any of the debt agreements.

Long-term debt maturities over the next five years are (in millions):

	Long-Term Debt
Fiscal Year	Maturities
2024	$	—
2025		—
2026		96.0
2027		80.0
2028		145.8

Net interest and debt (income) expense consists of the following:

(in thousands of dollars)	Fiscal 2023		Fiscal 2022		Fiscal 2021
Interest on long-term debt and subordinated debentures	$	37,308	$	40,123	$	41,177
Revolving credit facility expenses		2,564		2,518		2,515
Amortization of debt expense		712		709		1,211
Interest on finance lease obligations		—		—		31
Investment interest income		(45,240)		(12,827)		(1,847)
Other interest		56		4		5
	$	(4,600)	$	30,527	$	43,092

Interest paid during fiscal 2023, 2022 and 2021 was approximately $45.0 million, $44.7 million and $44.8 million, respectively.