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Subsequent Events
12 Months Ended
Jan. 29, 2022
Subsequent Events [Abstract]  
Subsequent Events SUBSEQUENT EVENTS:On February 2, 2022, the Company entered into Amendment No. 2 to its Credit Agreement originally entered into as of August 2, 2018 and amended October 30, 2020. Amendment No. 2, among other things: (i) extends the maturity date from October 30, 2025 to February 2, 2027, (ii) removes and replaces LIBOR benchmark provisions with Term Secured Overnight Financing Rate (“SOFR”) benchmark provisions, (iii) decreases the margin on Term SOFR rate loans drawn under the ABL to Term SOFR plus 1.60% (subject to a further decrease to Term SOFR plus 1.35% or an increase to Term SOFR plus 1.85% based on average quarterly excess availability under the ABL), (iv) decreases the margin on the FILO to Term SOFR plus 3.60% (subject to a further decrease to Term SOFR plus 3.35% or an increase to Term SOFR plus 3.85% based on average quarterly excess availability under the FILO), (v) removes the anti-cash hoarding condition under the Credit Agreement, and (vi) amends certain covenants, including amending the minimum excess availability covenant to require excess availability of the greater of 10% of the loan cap or $20 million.