Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.20.2
Fair Value Measurements (Tables)
3 Months Ended
May 02, 2020
Fair Value Measurements  
Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

Fair Value Measurements at Reporting Date 

 

Using

 

Quoted Prices

 

in Active

Significant

 

Markets for

Other

Significant

 

Identical

Observable

Unobservable

 

Instruments

Inputs

Inputs

 

(in thousands)

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

 

May 2, 2020—

    

    

    

    

Assets:

Derivative financial instruments

$

$

115

$

$

115

Liabilities:

Derivative financial instruments

$

$

42,910

$

$

42,910

May 4, 2019—

    

    

    

    

Assets:

Derivative financial instruments

$

$

1,693

$

$

1,693

Liabilities:

Derivative financial instruments

$

$

14,803

$

$

14,803

February 1, 2020—

Assets:

Derivative financial instruments

$

$

7

$

$

7

Liabilities:

Derivative financial instruments

$

$

34,586

$

$

34,586

Schedule of fair value and carrying value of long-term debt, including current portion The table below shows the fair value and carrying value of our long-term debt, including current portion (in thousands):

May 2, 2020

May 4, 2019

February 1, 2020

Carrying

Estimated

Carrying

Estimated

Carrying

Estimated

    

Amount(1)

Fair Value

Amount(1)

Fair Value

    

Amount(1)

    

Fair Value

 

Term Loan and Senior Notes, including current portion

$

1,049,064

$

400,652

$

1,111,696

$

1,076,471

$

1,053,398

$

896,851

(1) The carrying value of the Term Loan and Senior Notes, including current portion is net of deferred financing costs of $1.9 million, $3.0 million and $2.0 million as of May 2, 2020, May 4, 2019 and February 1, 2020, respectively.