Long-Term Debt - Additional Information (Detail) - USD ($) |
1 Months Ended | 3 Months Ended | ||
|---|---|---|---|---|
May. 15, 2015 |
Oct. 31, 2015 |
May. 01, 2016 |
Nov. 01, 2015 |
|
| Debt Instrument [Line Items] | ||||
| Purchase of interest rate cap | $ 920,000 | |||
| Notional amount under interest rate agreement | $ 200,000,000 | |||
| Interest rate cap Libor rate description | In October 2015, the Company purchased an interest rate cap agreement for $920 with a notional amount of $200,000 to manage our exposure to interest rate movements on our variable rate Credit Facility when one-month LIBOR exceeds 3.0%. The effective date of the interest rate cap agreement is October 7, 2015, and the agreement matures on October 7, 2019. The derivative is not designated as a hedge and does not qualify for hedge accounting. Accordingly, changes in the fair value of the interest rate cap are recognized as interest expense. The Company’s investment in the interest rate cap, with a fair value of $239 at May 1, 2016, is included in “Other assets and deferred charges” in the Consolidated Balance Sheets and was valued using an analysis based on market observable inputs, representing Level Two assets as defined by GAAP. The fair value of the Company’s interest rate cap represents the amount the Company would receive to terminate the contract. For the thirteen weeks ending May 1, 2016, interest expense includes $206 related to the change in the fair value of the interest rate cap since the end of fiscal 2015. | |||
| Cap interest rate | 3.00% | |||
| Effective date of interest rate cap agreement | Oct. 07, 2015 | |||
| Maturity date of interest rate cap agreement | Oct. 07, 2019 | |||
| Fair value of interest rate cap | $ 239,000 | |||
| Change in fair value of interest rate cap | $ 206,000 | |||
| Minimum [Member] | ||||
| Debt Instrument [Line Items] | ||||
| Debt instrument interest rate | 1.50% | |||
| Maximum [Member] | ||||
| Debt Instrument [Line Items] | ||||
| Debt instrument interest rate | 2.25% | |||
| Credit Facility [Member] | ||||
| Debt Instrument [Line Items] | ||||
| Senior secured credit facility | $ 150,000,000 | |||
| Revolving credit facility, maximum borrowing capacity | $ 350,000,000 | |||
| Maturity date | May 15, 2020 | |||
| Revolving credit facility, letter of credit sub-facility maximum borrowing capacity | $ 20,000,000 | |||
| Revolving credit facility, swingline sub-facility maximum borrowing capacity | $ 10,000,000 | |||
| Term loan repayment of principal | $ 1,875,000 | |||
| Frequency of periodic payment | Quarterly | |||
| Letter of credit facility outstanding | $ 5,016,000 | |||
| Borrowing available | $ 188,984,000 | |||
| Weighted average interest rate on the Credit Facility | 2.19% | |||
| Weighted average effective interest | 2.60% | |||
| Debt instrument, description of variable rate basis | The loans bear interest subject to a pricing grid based on a total leverage ratio, at LIBOR plus a spread ranging from 1.50% to 2.25% for the term loans and the revolving loans. | |||
| Debt Instrument, covenant compliance | Our Credit Facility contains restrictive covenants that, among other things, places certain limitations on our ability to incur additional indebtedness, make loans or advances to subsidiaries and other entities, pay dividends, acquire other businesses or sell assets. In addition, our Credit Facility requires us to maintain certain financial ratio covenants. As of May 1, 2016, we were in compliance with the restrictive and financial ratio covenants under the Credit Facility. | |||