Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.20.2
Debt (Tables)
3 Months Ended
May 02, 2020
Debt  
Schedule of long-term debt

As discussed in Note 1, there is substantial doubt about our ability to continue as a going concern within one year after these condensed consolidated financial statements are issued.   As we have determined it is not probable that we will make the interest payment on our Senior Notes described in Note 1, all debt has been reclassified to current on the condensed consolidated balance sheets as of May 2, 2020.  The following table provides details on our long-term debt as of May 2, 2020, May 4, 2019 and February 1, 2020 (in thousands):

May 2,

May 4,

February 1,

    

2020

    

2019

    

2020

 

Term Loan

$

877,130

$

886,130

$

881,630

Senior Notes

 

173,816

 

228,607

 

173,816

ABL Facility

 

385,000

 

48,500

 

50,000

Less: Deferred financing costs related to the Term Loan and Senior Notes

 

(1,882)

 

(3,041)

 

(2,048)

Total long-term debt, net

 

1,434,064

 

1,160,196

 

1,103,398

Current portion of long-term debt

 

(1,434,064)

 

(9,000)

 

(9,000)

Total long-term debt, net of current portion

$

$

1,151,196

$

1,094,398