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Notes Payable (Tables)

3 Months Ended

Apr. 30, 2021

Notes Payable and Other Liabilities [Abstract]

Long-term debt consists of the following:


	April 30, 2021		April 30, 2020		January 31, 2021

	(In thousands)
Secured Notes	$	400,000	$	—	$	400,000
Term Loan		—		300,000		—
Revolving credit facility		—		500,000		—
LVMH Note		125,000		125,000		125,000
Unsecured loans		8,816		4,504		9,119
Overdraft facilities		3,885		—		3,007
Subtotal		537,701		929,504		537,126
Less: Net debt issuance costs ⁽¹⁾		(7,218)		(6,748)		(7,643)
Debt discount		(15,594)		(21,562)		(17,131)
Current portion of long-term debt		(5,105)		(512)		(4,402)
Total	$	509,784	$	900,682	$	507,950

(1)

Does not include debt issuance costs, net of amortization, totaling $6.8 million, $3.9 million and $7.2 million as of April 30, 2021, April 30, 2020 and January 31, 2021, respectively, related to the revolving credit facility. These debt issuance costs have been deferred and are classified in assets in the accompanying condensed consolidated balance sheets in accordance with ASC 835.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details