v3.26.1
Debt (Tables)
6 Months Ended
Jul. 31, 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:

 

 

 

July 31, 2026

 

August 1, 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

 

 

160,602

 

 

 

 

 

133,536

 

 

 

 

 

133,624

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding borrowings

 

 

60,000

 

 

5.95%

 

 

35,000

 

 

5.86%

 

 

 

 

 

Outstanding letters of credit

 

 

11,293

 

 

 

 

 

10,911

 

 

 

 

 

10,978

 

 

 

ABL Facility utilization at end of period

 

 

71,293

 

 

 

 

 

45,911

 

 

 

 

 

10,978

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ABL Facility borrowing availability

 

$

89,309

 

 

 

 

$

87,625

 

 

 

 

$

122,646

 

 

 

Schedule of Company's Long Term Debt

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

 

 

 

July 31, 2026

 

August 1, 2025

 

January 30, 2026

(in thousands)

 

Amount

 

 

Interest Rate

 

Amount

 

 

Interest Rate

 

Amount

 

 

Interest Rate

Term Loan Facility

 

$

 

 

 

$

240,500

 

 

12.71%

 

$

234,000

 

 

12.04%

Less: Current portion of long-term debt

 

 

 

 

 

 

 

13,000

 

 

 

 

 

13,000

 

 

 

Less: Unamortized debt issuance costs

 

 

 

 

 

 

 

7,950

 

 

 

 

 

6,789

 

 

 

Long-term debt, net

 

$

 

 

 

 

$

219,550

 

 

 

 

$

214,211