v3.26.1
Debt (Tables)
3 Months Ended
May 01, 2026
Debt Disclosure [Abstract]  
Summary of Company's Maximum Borrowing Availability Under ABL Facility

The following table summarizes the Company’s ABL Facility borrowing availability:

 

 

 

May 1, 2026

 

May 2, 2025

 

January 30, 2026

(in thousands)

 

Amount

 

 

Interest Rate

 

Amount

 

 

Interest Rate

 

Amount

 

 

Interest Rate

ABL Facility limit

 

$

225,000

 

 

 

 

$

225,000

 

 

 

 

$

225,000

 

 

 

Borrowing Base

 

 

145,791

 

 

 

 

 

137,871

 

 

 

 

 

133,624

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding borrowings

 

 

30,000

 

 

5.16%

 

 

40,000

 

 

6.09%

 

 

 

 

 

Outstanding letters of credit

 

 

11,544

 

 

 

 

 

11,030

 

 

 

 

 

10,978

 

 

 

ABL Facility utilization at end of period

 

 

41,544

 

 

 

 

 

51,030

 

 

 

 

 

10,978

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ABL Facility borrowing availability

 

$

104,247

 

 

 

 

$

86,841

 

 

 

 

$

122,646

 

 

 

Schedule of Company's Long Term Debt

The Company’s long-term debt consisted of the following:

 

 

 

May 1, 2026

 

May 2, 2025

 

January 30, 2026

(in thousands)

 

Amount

 

 

Interest Rate

 

Amount

 

 

Interest Rate

 

Amount

 

 

Interest Rate

Term Loan Facility

 

$

 

 

 

$

243,750

 

 

12.41%

 

$

234,000

 

 

12.04%

Less: Current portion of long-term debt

 

 

 

 

 

 

 

13,000

 

 

 

 

 

13,000

 

 

 

Less: Unamortized debt issuance costs

 

 

 

 

 

 

 

8,531

 

 

 

 

 

6,789

 

 

 

Long-term debt, net

 

$

 

 

 

 

$

222,219

 

 

 

 

$

214,211