Debt

In fiscal 2015, we entered into a credit agreement (the "Agreement") providing for a term loan of $100.0 million and a revolving credit facility of $100.0 million. The term loan and revolving credit facility mature on May 4, 2020 and accrue interest by reference, at our election, at either an adjusted eurodollar rate tied to LIBOR or an Alternate Base Rate plus an interest rate margin, as defined in the Agreement. The Agreement contains customary representations, warranties, and affirmative covenants, including the requirement to maintain certain financial ratios. The Company was in compliance with the applicable ratio requirements and other covenants at April 29, 2017. As of April 29, 2017, we had total available borrowing capacity of $100.0 million under our revolving credit facility.

The following table provides additional detail on our outstanding debt:



	April 29, 2017			January 28, 2017			April 30, 2016
	(in thousands)
Credit Agreement, net	$	79,801		$	84,785		$	89,735
Less: current portion	(15,000		)	(16,250		)	(10,000		)
Total long-term debt	$	64,801		$	68,535		$	79,735