Long-Term Debt, Net (Tables)

3 Months Ended

May 01, 2021

Debt Disclosure [Abstract]

Components of Long-Term Debt

Our long-term debt consisted of the following at each of May 1, 2021, January 30, 2021, and May 2, 2020:

(In thousands)	May 1, 2021		January 30, 2021		May 2, 2020
Convertible notes principal	$	415,025	$	415,025	$	415,025
Less: unamortized discount		85,307		89,735		102,053
Convertible notes, net	$	329,718	$	325,290	$	312,972
Revolving credit facility borrowings		—		—		330,000
Total long-term debt, net	$	329,718	$	325,290	$	642,972
Convertible Notes- Equity portion, net of tax		68,330		68,330		68,330

Schedule of Interest Expense for Notes

Interest expense for the Notes was:

	13 Weeks Ended
(In thousands)	May 1, 2021		May 2, 2020
Accrued interest for interest payments	$	3,934	$	215
Amortization of discount		4,428		213
Total interest expense	$	8,362	$	428

Schedule of Notes Conversion Amounts

The following table discloses conversion amounts if the Notes were all converted as of the end of the period:

(In thousands, except per share amounts)	May 1, 2021
Number of shares convertible		48,000
Conversion price per share	$	8.65
Value in excess of principal if converted	$	987,652