Annual report pursuant to Section 13 and 15(d)

DEBT (Tables)

v3.19.1
DEBT (Tables)
12 Months Ended
Feb. 02, 2019
DEBT  
Schedule of outstanding debt

Long-term debt consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

February 2,

 

February 3,

 

Interest Rate

 

2019

 

2018

Term loan credit facility

Variable

 

$

2,207,450

 

$

2,232,350

Senior subordinated notes

5.875

%

 

510,000

 

 

510,000

Total debt

 

 

 

2,717,450

 

 

2,742,350

Less unamortized discount/premium and debt costs

 

 

 

(11,550)

 

 

(15,686)

Total debt, net

 

 

 

2,705,900

 

 

2,726,664

Less current portion

 

 

 

(24,900)

 

 

(24,900)

Long-term debt

 

 

$

2,681,000

 

$

2,701,764

 

Schedule of aggregate amount of scheduled maturities of debt

The aggregate amount of scheduled debt payments through maturity are as follows (in thousands):

 

 

 

 

 

Fiscal Year

 

 

 

2019

 

$

24,900

2020

 

 

534,900

2021

 

 

18,675

2022

 

 

2,138,975

Total debt payments

 

$

2,717,450

 

Schedule of expected amortization expense related to debt issuance costs

Our expected amortization expense related to the debt issuance costs for the remaining term of the debt agreements is as follows (in thousands):

 

 

 

 

 

Fiscal Year

   

 

 

2019

 

$

4,951

2020

 

 

4,818

2021

 

 

2,605

2022

 

 

2,233

Total amortization expense

 

$

14,607