Other Income, Net

3 Months Ended

Apr. 27, 2019

Other Income and Expenses [Abstract]

Other Income, Net

Other Income, Net

The components of other income, net, were as follows (dollars in thousands):

	For the Three Months Ended
	April 27, 2019			April 28, 2018
Gain on sale of fixed assets	$	6,738		$	8,415
Discount fee expense	(1,298		)	(940		)
Miscellaneous income, net	258			236
Total other income, net	$	5,698		$	7,711

The Company participates in a vendor payment program sponsored by one of its customers. Eligible accounts receivable from this customer are included in the program and payment is received pursuant to a non-recourse sale to a bank partner. This program effectively reduces the time to collect these receivables as compared to that customer’s standard payment terms. The Company incurs a discount fee to the bank on the payments received that is reflected as discount fee expense in the table above and is included as an expense component in other income, net, in the condensed consolidated statements of operations.