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NOTES PAYABLE AND OTHER LIABILITIES (Tables)
12 Months Ended
Jan. 31, 2019
Debt Disclosure [Abstract]  
Schedule of long-term debt

 

 

 

 

 

 

 

 

    

January 31, 2019

    

January 31, 2018

 

 

(in thousands)

Term loan

 

$

300,000

 

$

300,000

New revolving credit facility

 

 

 —

 

 

12,003

Note issued to LVMH

 

 

125,000

 

 

125,000

Subtotal

 

 

425,000

 

 

437,003

Less: Net debt issuance costs (1)

 

 

(10,014)

 

 

(12,626)

         Debt discount

 

 

(28,382)

 

 

(33,333)

Total

 

$

386,604

 

$

391,044


(1)

Does not include the debt issuance costs, net of amortization, totaling $7.1 million and $9.5 million as of January 31, 2019 and 2018, respectively, related to the new revolving credit facility. The debt issuance costs have been deferred and are classified in prepaid expense in the accompanying Consolidated Balance Sheets as required under ASU 2015‑15.