v3.20.2
Debt (Tables)
9 Months Ended
Oct. 31, 2020
Debt Disclosure [Abstract]  
Summary of Outstanding Debt
The following table summarizes the Company's outstanding debt at October 31, 2020 and February 1, 2020 (in thousands):
October 31,
2020
February 1,
2020
Face Value Outstanding:
Term Loan $350,000 $450,000 
2023 Notes 500,000 500,000 
2028 Notes 500,000 500,000 
Total borrowings$1,350,000 $1,450,000 
Less: Unamortized debt discount and issuance cost(8,195)(10,976)
Net carrying amount of debt$1,341,805 $1,439,024 
Less: Current portion (1)349,004 — 
Non-current portion$992,801 $1,439,024 
(1) As of October 31, 2020, the current portion of outstanding debt includes the Term Loan, which is due within twelve months. The Company intends to repay the amount with operating cash flow.
Aggregate Future Contractual Maturities of Debt
As of October 31, 2020, the aggregate future contractual maturities of the Company's outstanding debt, at face value, were as follows (in thousands):
Fiscal YearAmount
Remainder of 2021$— 
2022350,000 
2023— 
2024500,000 
2025— 
Thereafter500,000 
Total $1,350,000