Debt (Tables)

3 Months Ended

May 02, 2020

Debt

Schedule of long-term debt

As discussed in Note 1, there is substantial doubt about our ability to continue as a going concern within one year after these condensed consolidated financial statements are issued.   As we have determined it is not probable that we will make the interest payment on our Senior Notes described in Note 1, all debt has been reclassified to current on the condensed consolidated balance sheets as of May 2, 2020.  The following table provides details on our long-term debt as of May 2, 2020, May 4, 2019 and February 1, 2020 (in thousands):

	May 2,		May 4,		February 1,
	2020		2019		2020
Term Loan	$	877,130	$	886,130	$	881,630
Senior Notes		173,816		228,607		173,816
ABL Facility		385,000		48,500		50,000
Less: Deferred financing costs related to the Term Loan and Senior Notes		(1,882)		(3,041)		(2,048)
Total long-term debt, net		1,434,064		1,160,196		1,103,398
Current portion of long-term debt		(1,434,064)		(9,000)		(9,000)
Total long-term debt, net of current portion	$	—	$	1,151,196	$	1,094,398