Annual report pursuant to Section 13 and 15(d)

Credit Agreements (Tables)

v3.22.1
Credit Agreements (Tables)
12 Months Ended
Jan. 29, 2022
Credit Agreements  
Schedule of Long-term Credit Facility [Table Text Block]

The Company’s credit agreements consist of:

    

January 29, 2022

    

January 30, 2021

Long-term credit facility:

Siena revolving loan due July 31, 2024, principal amount

$

60,216

$

PNC revolving loan due July 27, 2023, principal amount, extinguished in July 2021

41,000

Total long-term credit facility

 

60,216

 

41,000

8.5% Senior Unsecured Notes, due 2026, principal amount

80,000

GreenLake Real Estate Financing term loan due July 31, 2024, principal amount

28,500

PNC term loan due July 27, 2023, principal amount, extinguished in July 2021

 

12,441

Seller notes:

Seller note due in annual installments, maturing in November 2023, principal amount

20,062

Seller note due in quarterly installments, maturing in December 2023, principal amount

8,000

Total seller notes

28,062

Total debt

196,778

53,441

Less: unamortized debt issuance costs

(7,607)

(61)

Plus: unamortized debt premium

1,292

Total carrying amount of debt

190,463

53,380

Less: current portion of long-term debt

(14,031)

(2,714)

Long-term debt, net

$

176,432

$

50,666

Schedule of Maturities of Long-term Credit Facility [Table Text Block]

The aggregate maturities of the Company’s credit agreements as of January 29, 2022 are as follows:

GreenLake Real

Seller

Estate Financing

Siena

8.5% Senior

Fiscal year

Notes

Term Loan

    

Revolving Loan

    

Unsecured Notes

    

Total

2022

$

14,031

$

$

$

$

14,031

2023

14,031

 

 

 

 

14,031

2024

 

28,500

 

60,216

 

 

88,716

2025

 

 

 

 

2026

 

 

 

80,000

 

80,000

Total amount due

$

28,062

$

28,500

$

60,216

$

80,000

$

196,778

Less: unamortized debt issuance costs

(1,682)

(5,925)

(7,607)

Plus: unamortized debt premium

1,292

1,292

Total carrying amount of debt

$

29,354

$

26,818

$

60,216

$

74,075

$

190,463