XML 111 R24.htm IDEA: XBRL DOCUMENT v3.20.4
Other Income, Net
12 Months Ended
Jan. 30, 2021
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
The components of other income, net, were as follows (dollars in thousands):
Fiscal Year Ended
January 30, 2021January 25, 2020January 26, 2019
Gain on sale of fixed assets$10,026 $14,879 $19,390 
Discount fee expense(2,105)(4,248)(4,143)
Miscellaneous income, net676 1,034 751 
Write-off of deferred financing costs— — (156)
Other income, net$8,597 $11,665 $15,842 

We participate in a vendor payment program sponsored by one of our 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. We incur 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 consolidated statements of operations.