Fair Value Measurements (Tables)

6 Months Ended

Aug. 03, 2019

Fair Value Measurements

Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

	Fair Value Measurements at Reporting Date
	Using
	Quoted Prices
	in Active		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable
	Instruments		Inputs		Inputs
(in thousands)	(Level 1)		(Level 2)		(Level 3)		Total
August 3, 2019—
Assets:
Derivative financial instruments	$	—	$	2,787	$	—	$	2,787
Liabilities:
Derivative financial instruments	$	—	$	30,717	$	—	$	30,717
August 4, 2018—
Assets:
Derivative financial instruments	$	—	$	8,240	$	—	$	8,240
Liabilities:
Derivative financial instruments	$	—	$	1,932	$	—	$	1,932
February 2, 2019—
Assets:
Derivative financial instruments	$	—	$	3,074	$	—	$	3,074
Liabilities:
Derivative financial instruments	$	—	$	9,307	$	—	$	9,307

Schedule of fair value and carrying value of long-term debt, including current portion

The table below shows the fair value and carrying value of our long-term debt, including current portion (in thousands):

	August 3, 2019				August 4, 2018				February 2, 2019
	Carrying		Estimated		Carrying		Estimated		Carrying		Estimated
	Amount(1)		Fair Value		Amount(1)		Fair Value		Amount(1)		Fair Value
Term Loan and Senior Notes, including current portion	$	1,109,651	$	996,169	$	1,111,877	$	1,133,454	$	1,116,361	$	1,120,296
(1) The carrying value of the Term Loan and Senior Notes, including current portion is net of deferred financing costs of $2.8 million, $7.9 million and $3.2 million as of August 3, 2019, August 4, 2018 and February 2, 2019, respectively.