BJ's Wholesale Club (BJ) 10-Q 28 May 21 2021 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	May 01, 2021	May 21, 2021
Document Information [Line Items]
Entity Central Index Key	0001531152
Entity Registrant Name	BJ's Wholesale Club Holdings, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--01-29
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	May 1, 2021
Document Transition Report	false
Entity File Number	001-38559
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	45-2936287
Entity Address, Address Line One	25 Research Drive
Entity Address, City or Town	Westborough
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	01581
City Area Code	774
Local Phone Number	512-7400
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	BJ
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		137,133,779

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Current assets:
Cash and cash equivalents	$ 62,954	$ 43,518	$ 132,915
Accounts receivable, net	197,991	172,719	193,884
Merchandise inventories	1,120,334	1,205,695	1,024,937
Prepaid expenses and other current assets	54,258	48,649	46,631
Total current assets	1,435,537	1,470,581	1,398,367
Operating lease right-of-use assets, net	2,119,629	2,058,763	2,087,902
Property and equipment:
Land and buildings	397,254	385,572	383,915
Leasehold costs and improvements	250,392	249,073	215,878
Furniture, fixtures and equipment	1,336,576	1,298,440	1,170,139
Construction in progress	31,283	23,633	37,781
Property, Plant and Equipment, Gross, Ending Balance	2,015,505	1,956,718	1,807,713
Less: accumulated depreciation and amortization	(1,200,202)	(1,158,929)	(1,054,416)
Total property and equipment, net	815,303	797,789	753,297
Goodwill	924,134	924,134	924,134
Intangibles, net	132,502	135,123	144,019
Deferred income taxes	3,349	5,737	0
Other assets	18,752	19,403	20,350
Total assets	5,449,206	5,411,530	5,328,069
Current liabilities:
Current portion of long-term debt	210,000	260,000	15,377
Current portion of operating lease liabilities	132,869	131,513	125,976
Accounts payable	1,023,140	988,074	990,420
Accrued expenses and other current liabilities	669,924	651,625	588,431
Total current liabilities	2,035,933	2,031,212	1,720,204
Long-term operating lease liabilities	2,050,950	1,988,840	2,016,206
Long-term debt	747,311	846,175	1,334,795
Deferred income taxes	45,529	45,096	42,369
Other non-current liabilities	155,959	180,880	181,998
Commitments and Contingencies (see Note 6)
STOCKHOLDERS’ EQUITY
Preferred stock; par value $0.01; 5,000 shares authorized, and no shares issued or outstanding	0	0	0
Common stock, par value $0.01; 300,000 shares authorized, 144,018 shares issued and 137,240 outstanding at May 1, 2021; 143,428 shares issued and 137,192 outstanding at January 30, 2021; and 142,349 shares issued and 138,666 outstanding at May 2, 2020	1,440	1,434	1,423
Additional paid-in capital	855,168	826,377	784,724
Accumulated deficit	(213,760)	(295,339)	(620,635)
Accumulated other comprehensive loss	(12,676)	(20,528)	(40,528)
Treasury stock, at cost, 6,778 shares at May 1, 2021; 6,236 shares at January 30, 2021; 3,683 shares at May 2, 2020	(216,648)	(192,617)	(92,487)
Total stockholders’ equity	413,524	319,327	32,497
Total liabilities and stockholders’ equity	$ 5,449,206	$ 5,411,530	$ 5,328,069

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares shares in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	5,000	5,000	5,000
Preferred stock, issued (in shares)	0	0	0
Preferred stock, outstanding (in shares)	0	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, authorized (in shares)	300,000	300,000	300,000
Common stock, issued (in shares)	144,018	143,428	142,349
Common stock, outstanding (in shares)	137,240	137,192	138,666
Treasury stock, shares (in shares)	6,778	6,236	3,683

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Total revenues	$ 3,868,222	$ 3,797,605
Cost of sales	3,141,497	3,060,893
Selling, general and administrative expenses	599,910	590,361
Pre-opening expense	561	2,601
Operating income	126,254	143,750
Interest expense, net	19,285	21,844
Income from continuing operations before income taxes	106,969	121,906
Provision for income taxes	25,383	26,164
Income from continuing operations	81,586	95,742
Loss from discontinued operations, net of income taxes	(7)	(8)
Net income	$ 81,579	$ 95,734
Income per share attributable to common stockholders—basic:
Income from continuing operations, basic (in dollars per share)	$ 0.60	$ 0.70
Loss from discontinued operations, basic (in dollars per share)	0	0
Net income, basic (in dollars per share)	0.60	0.70
Income per share attributable to common stockholders—diluted:
Income from continuing operations, diluted (in dollars per share)	0.59	0.69
Loss from discontinued operations, diluted (in dollars per share)	0	0
Net income, diluted (in dollars per share)	$ 0.59	$ 0.69
Weighted average number of common shares outstanding:
Basic (in shares)	135,708,783	136,089,960
Diluted (in shares)	138,661,964	138,427,740
Other comprehensive income (loss):
Amounts reclassified from other comprehensive income (loss), net of tax	$ 4,665	$ 0
Unrealized gain (loss) on cash flow hedge, net of income tax provision of $1,240 and income tax benefit of $5,421, respectively	3,187	(13,942)
Total other comprehensive income (loss)	7,852	(13,942)
Total comprehensive income	89,431	81,792
Product [Member]
Total revenues	3,781,834	3,718,040
Membership [Member]
Total revenues	$ 86,388	$ 79,565

Consolidated Statements of Op_2

Consolidated Statements of Operations and Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Unrealized gain (loss) on cash flow hedge, tax	$ 1,240	$ 5,421

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Feb. 01, 2020	140,723				(3,425)
Balance at Feb. 01, 2020	$ 1,407	$ 773,618	$ (716,369)	$ (26,586)	$ (86,414)	$ (54,344)
Net income	0	0	95,734	0	0	95,734
Amounts reclassified from other comprehensive income (loss), net of tax						0
Unrealized gain (loss) on cash flow hedge, net of income tax provision of $1,240 and income tax benefit of $5,421, respectively	$ 0	0	0	(13,942)	$ 0	(13,942)
Common stock issued under stock incentive plans (in shares)	1,626				0
Common stock issued under stock incentive plans	$ 16	(16)	0	0	$ 0	0
Stock compensation expense	0	5,514	0	0	0	5,514
Net cash received on option exercises	$ 0	5,608	0	0	$ 0	5,608
Treasury stock purchases (in shares)	0				(258)
Treasury stock purchases	$ 0	0	0	0	$ (6,073)	(6,073)
Balance (in shares) at May. 02, 2020	142,349				(3,683)
Balance at May. 02, 2020	$ 1,423	784,724	(620,635)	(40,528)	$ (92,487)	32,497
Balance (in shares) at Jan. 30, 2021	143,428				(6,236)
Balance at Jan. 30, 2021	$ 1,434	826,377	(295,339)	(20,528)	$ (192,617)	319,327
Net income	0	0	81,579	0	0	81,579
Amounts reclassified from other comprehensive income (loss), net of tax	0	0	0	4,665	0	4,665
Unrealized gain (loss) on cash flow hedge, net of income tax provision of $1,240 and income tax benefit of $5,421, respectively	$ 0	0	0	3,187	$ 0	3,187
Common stock issued under stock incentive plans (in shares)	590				0
Common stock issued under stock incentive plans	$ 6	(6)	0	0	$ 0	0
Stock compensation expense	0	27,300	0	0	0	27,300
Net cash received on option exercises	$ 0	1,497	0	0	$ 0	1,497
Treasury stock purchases (in shares)	0				(542)
Treasury stock purchases	$ 0	0	0	0	$ (24,031)	(24,031)
Balance (in shares) at May. 01, 2021	144,018				(6,778)
Balance at May. 01, 2021	$ 1,440	$ 855,168	$ (213,760)	$ (12,676)	$ (216,648)	$ 413,524

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 81,579	$ 95,734
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	44,386	40,839
Amortization of debt issuance costs and accretion of original issue discount	891	1,197
Debt extinguishment charges	657	0
Stock-based compensation expense	27,300	5,514
Deferred income tax provision (benefit)	(233)	1,590
Changes in operating leases and other non-cash items	1,200	2,637
Increase (decrease) in cash due to changes in:
Accounts receivable	(25,272)	12,469
Merchandise inventories	85,361	56,565
Prepaid expenses and other current assets	(2,180)	(200)
Other assets	1,302	(1,389)
Accounts payable	35,066	204,008
Accrued expenses	13,127	40,983
Other non-current liabilities	(14,219)	9,955
Net cash provided by operating activities	248,965	469,902
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property and equipment, net of disposals	(74,690)	(35,212)
Proceeds from sale leaseback transaction	16,630	0
Net cash used in investing activities	(58,060)	(35,212)
CASH FLOWS FROM FINANCING ACTIVITIES
Payments on long term debt	(100,000)	(3,297)
Proceeds from ABL Facility	0	736,000
Payments on ABL Facility	(50,000)	(1,064,000)
Net cash received from stock option exercises	1,497	5,608
Acquisition of treasury stock	(24,031)	(6,073)
Proceeds from financing obligations	1,333	0
Other financing activities	(268)	(217)
Net cash used in financing activities	(171,469)	(331,979)
Net increase in cash and cash equivalents	19,436	102,711
Cash and cash equivalents at beginning of period	43,518	30,204
Cash and cash equivalents at end of period	62,954	132,915
Supplemental cash flow information:
Interest paid	12,021	18,418
Income taxes paid	5,668	3,872
Non-cash financing and investing activities:
Lease liabilities arising from obtaining right-of-use assets	101,222	65,893
Property additions included in accrued expenses	$ 13,515	$ 21,734

Note 1 - Description of Busines

Note 1 - Description of Business	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1. BJ’s Wholesale Club Holdings, Inc. and its wholly-owned subsidiaries is a leading warehouse club operator primarily on the east coast of the United States. As of May 1, 2021 The Company follows, and reports based on the National Retail Federation’s fiscal calendar. The thirteen May 1, 2021 May 2, 2020 first 2021 first 2020 The novel coronavirus ("COVID- 19" 19

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. Basis of Presentation The accompanying interim financial statements of BJ’s Wholesale Club Holdings, Inc. are unaudited and, in the opinion of management, reflect all normal recurring adjustments considered necessary for a fair statement of the Company’s financial statements in accordance with generally accepted accounting principles in the United States of America ("GAAP"). The consolidated balance sheet as of January 30, 2021 first 2021 not 2021. fourth first These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes thereto included in our Annual Report on Form 10 2020, March 19, 2021. Recently Adopted Accounting Pronouncements The accounting policies the Company follows are set forth in its audited financial statements for fiscal year 2020. no 2021. Income Taxes (ASU 2019 12 In December 2019, 2019 12, 740 740 December 15, 2020. January 31, 2021. not

Note 3 - Revenue Recognition

Note 3 - Revenue Recognition	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	3. Performance Obligations The Company identifies each distinct performance obligation to transfer goods (or bundle of goods) or services. The Company recognizes revenue as it satisfies a performance obligation by transferring control of the goods or services to the customer. Net sales—The Company recognizes net sales at clubs and gas stations when the customer takes possession of the goods and tenders payment. Point of sale transactions at the Company’s clubs and gas stations, excluding sales taxes, represented approximately 93% of the Company’s net sales and approximately 91% of the Company’s total revenues for the thirteen May 1, 2021 BJ’s Perks Rewards and My BJ's Perks programs—The Company’s BJ’s Perks Rewards ® ® ® may six Earned awards may one May 1, 2021 January 30, 2021 May 2, 2020 Royalty revenue received in connection with the My BJ's Perks co-brand credit card program is variable consideration and is considered deferred until the card holder makes a purchase. The Company’s total deferred royalty revenue related to the outstanding My BJ’s Perks Rewards was $18.0 million, $13.5 million and $14.8 million at May 1, 2021, January 30, 2021 May 2, 2020 May 1, 2021 2021 Membership—The Company charges a membership fee to its customers. That fee allows customers to shop in the Company’s clubs, shop on the Company’s website and purchase gasoline at the Company’s gas stations for the duration of the membership, which is generally 12 months. Because the Company has the obligation to provide access to its clubs, website and gas stations for the duration of the membership term, the Company recognizes membership fees on a straight-line basis over the life of the membership. The Company’s deferred revenue related to membership fees was $167.8 million, $155.6 million and $157.6 million at May 1, 2021, January 30, 2021 May 2, 2020 Gift Card Program—The Company sells BJ’s gift cards in both physical and digital format, which allow customers to redeem the card for future purchases equal to the amount of the original purchase price of the gift card. Revenue from gift card sales is recognized in proportion to its rate of gift card redemptions because the Company’s performance obligation to redeem the gift card for merchandise is satisfied when the gift card is redeemed. The Company also recognizes breakage in proportion to its rate of gift card redemptions. Deferred revenue related to gift cards was $9.6 million, $10.3 million and $9.8 million at May 1, 2021, January 30, 2021 May 2, 2020 first 2021 first 2020 Disaggregation of Revenue The Company’s club retail operations, which represent substantially all of its consolidated total revenues, are the Company’s only reportable segment. All the Company’s identifiable assets are in the United States. The Company does not 10% The following table summarizes the Company's percentage of net sales disaggregated by category: Thirteen Weeks Ended May 1, 2021 May 2, 2020 Grocery 72 % 81 % General Merchandise & Services 15 % 11 % Gasoline and Other 13 % 8 %

Note 4 - Debt and Credit Arrang

Note 4 - Debt and Credit Arrangements	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	4. The following table summarizes the Company's debt (in thousands): May 1, 2021 January 30, 2021 May 2, 2020 ABL Facility $ 260,000 $ 310,000 $ 50,000 First Lien Term Loan 701,920 801,920 1,311,919 Unamortized debt discount and debt issuance cost (4,609 ) (5,745 ) (11,747 ) Less: current portion (210,000 ) (260,000 ) (15,377 ) Long-term debt $ 747,311 $ 846,175 $ 1,334,795 ABL Facility The ABL Facility is comprised of a $950.0 million revolving credit facility and a $50.0 million term loan. The ABL Facility is secured on a senior basis by certain "liquid assets" of the Company and secured on a junior basis by certain "fixed assets" of the Company. The $50.0 million term loan payment terms are restricted in that the term loan cannot be repaid unless all loans outstanding under the revolving credit facility are repaid, and once repaid, cannot be re-borrowed. The availability under the $950.0 million revolving credit facility is restricted based on eligible monthly merchandise inventories and receivables, as defined in the agreement governing the ABL Facility (the "ABL Facility Agreement"). As amended, interest on the revolving credit facility is calculated either at LIBOR plus a range of 125 to 175 basis points or a base rate plus a range of 25 to 75 basis points; and interest on the term loan is calculated at LIBOR plus a range of 200 to 250 basis points or a base rate plus a range of 100 to 150 basis points, in all cases based on excess availability. The applicable spread of LIBOR and base rate loans at all levels of excess availability steps down by 12.5 basis points upon achieving total net leverage of 3.00 to 1.00. August 17, 2023. April 30, 2021, At May 1, 2021 May 1, 2021 At January 30, 2021 July 2020. January 30, 2021 At May 2, 2020 May 2, 2020 First Lien Term Loan The Company's First Lien Term Loan matures on February 3, 2024. 1.00. no On January 29, 2020, third On July 13, 2020, July 29, 2020, On October 30, 2020, On April 30, 2021, There was $701.9 million, $801.9 million and $1,311.9 million outstanding on the First Lien Term Loan at May 1, 2021, January 30, 2021 May 2, 2020, May 1, 2021, January 30, 2021 May 2, 2020,

Note 5 - Interest Expense, Net

Note 5 - Interest Expense, Net	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Other Nonoperating Income and Expense [Text Block]	5. The following details the components of interest expense for the periods presented (in thousands): Thirteen Weeks Ended May 1, 2021 May 2, 2020 Interest on debt $ 12,032 $ 19,643 Interest on capital lease and financing obligations 998 1,008 Debt issuance costs amortization 562 657 Original issue discount amortization 329 539 Loss on debt extinguishment 657 — Loss on cash flow hedge 4,709 — Capitalized interest (2 ) (3 ) Interest expense, net $ 19,285 $ 21,844 Interest expense decreased due to lower debt balances outstanding and lower interest rates, partially offset by a $4.7 million loss on our cash flow hedge and a $0.7 million loss on the debt extinguishment in the first 2021.

Note 6 - Commitment and Conting

Note 6 - Commitment and Contingencies	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	6. The Company is involved in various legal proceedings that are typical of a retail business. In accordance with applicable accounting guidance, an accrual will be established for legal proceedings if and when those matters present loss contingencies that are both probable and estimable. The Company does not

Note 7 - Stock Incentive Plans

Note 7 - Stock Incentive Plans	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	7. On June 13, 2018, 2018 "2018 2018 2018 2011 "2011 2012 "2012 No 2011 2012 The 2018 not 2011 2012 2018 2011 2012 may, 2018 2018 2011 2012 2018 may not 2018 1 not 2 2018 2011 2012 May 1, 2021 2018 On April 16, 2021, 2011 2012 2018 The following table summarizes the Company’s stock award activity during the thirteen May 1, 2021 Stock Options Restricted Stock Restricted Stock Units Performance Stock Weighted Weighted Weighted Weighted Average Average Average Average Grant Grant Grant Exercise Date Fair Date Fair Date Fair Shares Price Shares Value Shares Value Shares Value Outstanding, January 30, 2021 3,673 $ 17.50 1,575 $ 26.29 29 $ 34.54 527 $ 23.96 Granted — — 473 44.37 — — 401 44.28 Forfeited/canceled — — — — — — (282 ) 28.98 Exercised/vested (117 ) 14.57 (673 ) 32.04 — — — — Outstanding, May 1, 2021 3,556 $ 17.60 1,375 $ 31.52 29 $ 34.54 646 $ 38.97 Stock-based compensation expense was $27.3 million and $5.5 million for the thirteen May 1, 2021 May 2, 2020 thirteen May 1, 2021 On June 14, 2018, first first 2019 2028 January 1, 2019. thirteen May 1, 2021 May 2, 2020 May 1, 2021, Treasury Shares Acquired The Company reacquired 226,404 shares to satisfy employees’ tax withholding obligations upon the vesting of restricted stock awards in the thirteen May 1, 2021 thirteen May 2, 2020 thirteen May 1, 2021 May 2, 2020, Share Repurchase Program On December 19, 2019, 2021. May 1, 2021 thirteen May 1, 2021

Note 8 - Income Taxes

Note 8 - Income Taxes	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	8. The effective income tax rate is based on estimated income from continuing operations for the fiscal year, as well as discrete adjustments, if any, in the applicable quarterly periods. The Company projects the estimated annual effective tax rate for fiscal year 2021 The Company’s effective income tax rate from continuing operations was 23.7% and 21.5% for the thirteen May 1, 2021 May 2, 2020 first 2021 first 2020. We are subject to taxation in the U.S. federal and various state taxing jurisdictions. In general, the Company’s tax years from 2016 2016.

Note 9 - Fair Value Measurement

Note 9 - Fair Value Measurements	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	9. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date or “exit price.” The inputs used to measure fair value are generally classified into the following hierarchy: Level 1: Level 2: not Level 3: Assets and Liabilities Measured at Fair Value on a Recurring Basis The fair values of the Company’s derivative instruments are based on quotes received from third 2. Financial Assets and Liabilities The gross carrying amount and fair value of the Company’s debt at May 1, 2021 Carrying Amount Fair Value First Lien Term Loan $ 701,920 $ 701,042 ABL Facility 260,000 260,000 Total Debt $ 961,920 $ 961,042 The gross carrying amount and fair value of the Company’s debt at January 30, 2021 Carrying Amount Fair Value First Lien Term Loan $ 801,920 $ 802,256 ABL Facility 310,000 310,000 Total Debt $ 1,111,920 $ 1,112,256 The gross carrying amount and fair value of the Company’s debt at May 2, 2020 Carrying Amount Fair Value First Lien Term Loan $ 1,311,919 $ 1,268,758 ABL Facility 50,000 50,000 Total Debt $ 1,361,919 $ 1,318,758 The fair value of debt was based on quoted market prices and on borrowing rates available to the Company as of May 1, 2021, January 30, 2021 May 2, 2020 2. Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis The Company measures certain non-financial assets and liabilities, including long-lived assets, at fair value on a non-recurring basis. The Company believes that the carrying amounts of its other financial instruments, including cash, accounts receivable, and accounts payable, approximates their carrying value due to the short-term maturities of these instruments.

Note 10 - Earnings Per Share

Note 10 - Earnings Per Share	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	10. The table below reconciles basic weighted-average common shares outstanding to diluted weighted-average common shares outstanding for the thirteen May 1, 2021 May 2, 2020 Thirteen Weeks Ended May 1, 2021 May 2, 2020 Weighted-average common shares outstanding, used for basic computation 135,708,783 136,089,960 Plus: Incremental shares of potentially dilutive securities 2,953,181 2,337,780 Weighted-average number of common and dilutive potential common shares outstanding 138,661,964 138,427,740 112,759 restricted shares and no options were excluded from the computation of diluted earnings for the thirteen May 1, 2021 thirteen May 2, 2020

Note 11 - Derivative Financial

Note 11 - Derivative Financial Instruments	3 Months Ended
	May 01, 2021
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	11. Interest Rate Swaps On November 13, 2018, February 13, 2019. February 13, 2019 February 13, 2022. On October 30, 2020, no one On November 10, 2020, one On April 30, 2021, The interest rate swaps were recorded as a liability of $20.2 million and $26.4 million at May 1, 2021 January 30, 2021, May 2, 2020, The Company elected hedge accounting for the interest rate swap agreements, and as such, the effective portion of the gains or losses was recorded as a component of other comprehensive income (loss) and the ineffective portion of gains or losses were recorded as interest expense. There were $4.4 million of gains and $19.4 million of losses recorded in other comprehensive loss for the thirteen May 1, 2021 May 2, 2020 first 2021 first 2020, The fair values of derivative instruments included on the consolidated balance sheets are as follows (in thousands): Fair Value at Accounting for cash flow hedges Notional Amount Fixed Rate Balance Sheet Classification May 1, 2021 January 30, 2021 May 2, 2020 Interest rate swap $ 600,000 3.00 % Other current liabilities $ (14,453 ) $ (18,828 ) $ (29,934 ) Interest rate swap 360,000 3.00 % Other current liabilities — — (17,941 ) Interest rate swap 240,000 3.00 % Other current liabilities (5,777 ) (7,525 ) (11,965 ) Net carrying amount $ 1,200,000 Total liabilities $ (20,230 ) $ (26,353 ) $ (59,840 )

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	May 01, 2021
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying interim financial statements of BJ’s Wholesale Club Holdings, Inc. are unaudited and, in the opinion of management, reflect all normal recurring adjustments considered necessary for a fair statement of the Company’s financial statements in accordance with generally accepted accounting principles in the United States of America ("GAAP"). The consolidated balance sheet as of January 30, 2021 first 2021 not 2021. fourth first These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes thereto included in our Annual Report on Form 10 2020, March 19, 2021.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted Accounting Pronouncements The accounting policies the Company follows are set forth in its audited financial statements for fiscal year 2020. no 2021. Income Taxes (ASU 2019 12 In December 2019, 2019 12, 740 740 December 15, 2020. January 31, 2021. not

Note 3 - Revenue Recognition (T

Note 3 - Revenue Recognition (Tables)	3 Months Ended
	May 01, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Thirteen Weeks Ended May 1, 2021 May 2, 2020 Grocery 72 % 81 % General Merchandise & Services 15 % 11 % Gasoline and Other 13 % 8 %

Note 4 - Debt and Credit Arra_2

Note 4 - Debt and Credit Arrangements (Tables)	3 Months Ended
	May 01, 2021
Notes Tables
Schedule of Debt [Table Text Block]	May 1, 2021 January 30, 2021 May 2, 2020 ABL Facility $ 260,000 $ 310,000 $ 50,000 First Lien Term Loan 701,920 801,920 1,311,919 Unamortized debt discount and debt issuance cost (4,609 ) (5,745 ) (11,747 ) Less: current portion (210,000 ) (260,000 ) (15,377 ) Long-term debt $ 747,311 $ 846,175 $ 1,334,795

Note 5 - Interest Expense, Net

Note 5 - Interest Expense, Net (Tables)	3 Months Ended
	May 01, 2021
Notes Tables
Schedule of Other Nonoperating Income (Expense) [Table Text Block]	Thirteen Weeks Ended May 1, 2021 May 2, 2020 Interest on debt $ 12,032 $ 19,643 Interest on capital lease and financing obligations 998 1,008 Debt issuance costs amortization 562 657 Original issue discount amortization 329 539 Loss on debt extinguishment 657 — Loss on cash flow hedge 4,709 — Capitalized interest (2 ) (3 ) Interest expense, net $ 19,285 $ 21,844

Note 7 - Stock Incentive Plans

Note 7 - Stock Incentive Plans (Tables)	3 Months Ended
	May 01, 2021
Notes Tables
Share-based Payment Arrangement, Activity [Table Text Block]	Stock Options Restricted Stock Restricted Stock Units Performance Stock Weighted Weighted Weighted Weighted Average Average Average Average Grant Grant Grant Exercise Date Fair Date Fair Date Fair Shares Price Shares Value Shares Value Shares Value Outstanding, January 30, 2021 3,673 $ 17.50 1,575 $ 26.29 29 $ 34.54 527 $ 23.96 Granted — — 473 44.37 — — 401 44.28 Forfeited/canceled — — — — — — (282 ) 28.98 Exercised/vested (117 ) 14.57 (673 ) 32.04 — — — — Outstanding, May 1, 2021 3,556 $ 17.60 1,375 $ 31.52 29 $ 34.54 646 $ 38.97

Note 9 - Fair Value Measureme_2

Note 9 - Fair Value Measurements (Tables)	3 Months Ended
	May 01, 2021
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Amount Fair Value First Lien Term Loan $ 701,920 $ 701,042 ABL Facility 260,000 260,000 Total Debt $ 961,920 $ 961,042 Carrying Amount Fair Value First Lien Term Loan $ 801,920 $ 802,256 ABL Facility 310,000 310,000 Total Debt $ 1,111,920 $ 1,112,256 Carrying Amount Fair Value First Lien Term Loan $ 1,311,919 $ 1,268,758 ABL Facility 50,000 50,000 Total Debt $ 1,361,919 $ 1,318,758

Note 10 - Earnings Per Share (T

Note 10 - Earnings Per Share (Tables)	3 Months Ended
	May 01, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Thirteen Weeks Ended May 1, 2021 May 2, 2020 Weighted-average common shares outstanding, used for basic computation 135,708,783 136,089,960 Plus: Incremental shares of potentially dilutive securities 2,953,181 2,337,780 Weighted-average number of common and dilutive potential common shares outstanding 138,661,964 138,427,740

Note 11 - Derivative Financia_2

Note 11 - Derivative Financial Instruments (Tables)	3 Months Ended
	May 01, 2021
Notes Tables
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]	Fair Value at Accounting for cash flow hedges Notional Amount Fixed Rate Balance Sheet Classification May 1, 2021 January 30, 2021 May 2, 2020 Interest rate swap $ 600,000 3.00 % Other current liabilities $ (14,453 ) $ (18,828 ) $ (29,934 ) Interest rate swap 360,000 3.00 % Other current liabilities — — (17,941 ) Interest rate swap 240,000 3.00 % Other current liabilities (5,777 ) (7,525 ) (11,965 ) Net carrying amount $ 1,200,000 Total liabilities $ (20,230 ) $ (26,353 ) $ (59,840 )

Note 1 - Description of Busin_2

Note 1 - Description of Business (Details Textual)	May 01, 2021
Number of Stores	221
Number of Gas Stations	151
Number of States in which Entity Operates	17

Note 3 - Revenue Recognition (D

Note 3 - Revenue Recognition (Details Textual) - USD ($)	3 Months Ended
	May 01, 2021	May 02, 2020	Jan. 30, 2021	Jan. 30, 2020
Percentage of Cash Back Earned	2.00%
Maximum Annual Cash Back Amount	$ 500
Percentage of Cash Back Earned, Eligible Purchases	5.00%
Cash Back In Form Of Electronic Awards Issued	$ 10
Other Liabilities, Current, Total	24,800,000	$ 28,600,000	$ 25,500,000
Revenue, Remaining Performance Obligation, Amount	18,000,000	14,800,000	13,500,000
Contract with Customer, Liability, Total	12,800,000
Revenue from Contract with Customer, Excluding Assessed Tax, Total	3,868,222,000	3,797,605,000
Membership [Member]
Contract with Customer, Liability, Total	$ 167,800,000	157,600,000		$ 155,600,000
Revenue From Contract With Customers, Term Of Contract (Month)	12 months
Revenue from Contract with Customer, Excluding Assessed Tax, Total	$ 86,388,000	79,565,000
Gift Card Programs [Member]
Contract with Customer, Liability, Total	9,600,000	9,800,000	$ 10,300,000
Revenue from Contract with Customer, Excluding Assessed Tax, Total	$ 8,800,000	$ 10,200,000
Revenue Benchmark [Member] | Revenue from Rights Concentration Risk [Member]
Concentration Risk, Percentage	93.00%
Revenues Net [Member] | Revenue from Rights Concentration Risk [Member]
Concentration Risk, Percentage	91.00%

Note 3 - Revenue Recognition -

Note 3 - Revenue Recognition - Percentage of Net Sales Disaggregated by Category (Details)	3 Months Ended
	May 01, 2021	May 02, 2020
Grocery [Member]
Grocery	72.00%	81.00%
General Merchandise and Services [Member]
Grocery	15.00%	11.00%
Gasoline and Other [Member]
Grocery	13.00%	8.00%

Note 4 - Debt and Credit Arra_3

Note 4 - Debt and Credit Arrangements (Details Textual) $ in Thousands	Apr. 30, 2021USD ($)	Oct. 30, 2020USD ($)	Jul. 29, 2020	Jul. 13, 2020USD ($)	Jan. 29, 2020USD ($)	May 01, 2021USD ($)	May 02, 2020USD ($)	Jan. 30, 2021USD ($)
Long-term Debt, Gross						$ 961,920	$ 1,361,919	$ 1,111,920
Proceeds from Lines of Credit, Total						0	736,000
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 100,000					62,954	132,915	43,518
Amortization of Debt Issuance Costs and Discounts, Total						891	1,197
ABL Facility [Member]
Long-term Debt, Gross						260,000	$ 50,000	$ 310,000
Proceeds from Lines of Credit, Total		$ 260,000
Cash and Cash Equivalents, at Carrying Value, Ending Balance		100,000
ABL Facility [Member] | Term Loan [Member]
Debt Instrument, Face Amount						$ 50,000
Debt Instrument, Minimum Net Leverage Ratio for Interest Rate Adjustment						3
Repayments of Debt	50,000
Debt Instrument, Interest Rate, Stated Percentage						2.11%	2.98%	2.14%
Repayments of Long-term Debt, Total	50,000
ABL Facility [Member] | Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Decrease in Basis Spread on Variable Rate Upon Achievement of Certain Net Leverage Ratio						0.125%
ABL Facility [Member] | Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate						2.00%
ABL Facility [Member] | Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate						2.50%
ABL Facility [Member] | Term Loan [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate						1.00%
ABL Facility [Member] | Term Loan [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate						1.50%
ABL Facility [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 950,000
Long-term Debt, Gross						$ 260,000	$ 50,000	$ 310,000
Line of Credit Facility, Interest Rate at Period End						1.24%	1.45%	1.25%
Line of Credit Facility, Remaining Borrowing Capacity						$ 650,400	$ 770,600	$ 641,100
ABL Facility [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate						1.25%
ABL Facility [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate						1.75%
ABL Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate						0.25%
ABL Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate						0.75%
ABL Facility [Member] | Letter of Credit [Member]
Long-term Debt, Gross						$ 15,500	22,100	15,000
First Lien Term Loan [Member]
Debt Instrument, Face Amount					$ 1,315,200
Debt Instrument, Minimum Net Leverage Ratio for Interest Rate Adjustment						3.50
Long-term Debt, Gross						$ 701,920	$ 1,311,919	$ 801,920
Debt Instrument, Interest Rate Step Down Based On Achievement Of Certain Debt Ratings Upgrade					0.25%
Debt Instrument, Refinancing Expenses					$ 1,700
Write off of Deferred Debt Issuance Cost				$ 1,300	$ 100
Repayments of Secured Debt				$ 150,000
Cash and Cash Equivalents, at Carrying Value, Ending Balance	150,000	100,000
Repayments of Long-term Debt, Total	100,000	360,000
Amortization of Debt Issuance Costs and Discounts, Total	$ 700	$ 2,800
Debt Instrument, Interest Rate, Effective Percentage						2.11%	3.08%	2.13%
First Lien Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate			2.00%		2.25%
First Lien Term Loan [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate					1.25%

Note 4 - Debt and Credit Arra_4

Note 4 - Debt and Credit Arrangements - Debt Component (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Long-term debt gross	$ 961,920	$ 1,111,920	$ 1,361,919
Unamortized debt discount and debt issuance cost	(4,609)	(5,745)	(11,747)
Less: current portion	(210,000)	(260,000)	(15,377)
Long-term debt	747,311	846,175	1,334,795
ABL Facility [Member]
Long-term debt gross	260,000	310,000	50,000
First Lien Term Loan [Member]
Long-term debt gross	$ 701,920	$ 801,920	$ 1,311,919

Note 5 - Interest Expense, Ne_2

Note 5 - Interest Expense, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Gain (Loss) on Hedging Activity	$ (4,709)	$ 0
Gain (Loss) on Extinguishment of Debt, Total	$ (657)	$ 0

Note 5 - Interest Expense, Ne_3

Note 5 - Interest Expense, Net - Components of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Interest on debt	$ 12,032	$ 19,643
Interest on capital lease and financing obligations	998	1,008
Debt issuance costs amortization	562	657
Original issue discount amortization	329	539
Debt extinguishment charges	657	0
Loss on cash flow hedge	4,709	0
Capitalized interest	(2)	(3)
Interest expense, net	$ 19,285	$ 21,844

Note 7 - Stock Incentive Plan_2

Note 7 - Stock Incentive Plans (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020	Dec. 19, 2019	Jun. 14, 2018	Jun. 13, 2018
Share-based Payment Arrangement, Expense	$ 27,300	$ 5,500
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation (in shares)	226,404	83,353
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	$ 10,000	$ 2,100
Treasury Stock, Value, Acquired, Cost Method	24,031	6,073
Chief Executive Officer [Member]
Share-based Payment Arrangement, Plan Modification, Incremental Cost	$ 17,500
The 2011 Plan and 2012 Director Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)					985,369
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)	5,470,034
The 2018 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)					13,148,058
Employee Stock Purchase Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	2,236,366
Share-based Payment Arrangement, Expense	$ 100	$ 100
Employee Stock Purchase Plan, Number of Allocated Shares (in shares)				973,014
Employee Stock Purchase Plan, Annual Increase in Number of Shares, Minimum (in shares)				486,507
Employee Stock Purchase Plan, Annual Increase in Number of Shares, Percent of Shares Outstanding				0.50%
The Program [Member]
Stock Repurchase Program, Authorized Amount			$ 250,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 136,400
Treasury Stock, Shares, Acquired (in shares)	315,000
Treasury Stock, Value, Acquired, Cost Method	$ 14,000

Note 7 - Stock Incentive Plan_3

Note 7 - Stock Incentive Plans - Non-vested Restricted Shares, Restricted Stock Units and Performance Stock (Details) shares in Thousands	3 Months Ended
	May 01, 2021$ / sharesshares
Share-based Payment Arrangement, Option [Member]
Balance (in shares) | shares	3,673
Outstanding, weighted-average grant-date fair value, stock options (in dollars per share) | $ / shares	$ 17.50
Granted (in shares) | shares	0
Granted, weighted-average grant-date fair value, stock options (in dollars per share) | $ / shares	$ 0
Forfeited/canceled (in shares) | shares	0
Forfeited, weighted-average grant-date fair value, stock options (in dollars per share) | $ / shares	$ 0
Exercised/vested (in shares) | shares	(117)
Vested, weighted-average grant-date fair value, stock options (in dollars per share) | $ / shares	$ 14.57
Balance (in shares) | shares	3,556
Outstanding, weighted-average grant-date fair value, stock options (in dollars per share) | $ / shares	$ 17.60
Restricted Stock [Member]
Outstanding, beginning of period, shares (in shares) | shares	1,575
Outstanding, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 26.29
Granted, shares (in shares) | shares	473
Granted, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 44.37
Forfeited/canceled, shares (in shares) | shares	0
Forfeited/canceled, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 0
Exercised/vested, shares (in shares) | shares	(673)
Exercised/vested, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 32.04
Outstanding, beginning of period, shares (in shares) | shares	1,375
Outstanding, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 31.52
Restricted Stock Units (RSUs) [Member]
Outstanding, beginning of period, shares (in shares) | shares	29
Outstanding, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 34.54
Granted, shares (in shares) | shares	0
Granted, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 0
Forfeited/canceled, shares (in shares) | shares	0
Forfeited/canceled, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 0
Exercised/vested, shares (in shares) | shares	0
Exercised/vested, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 0
Outstanding, beginning of period, shares (in shares) | shares	29
Outstanding, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 34.54
Performance Shares [Member]
Outstanding, beginning of period, shares (in shares) | shares	527
Outstanding, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 23.96
Granted, shares (in shares) | shares	401
Granted, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 44.28
Forfeited/canceled, shares (in shares) | shares	(282)
Forfeited/canceled, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 28.98
Exercised/vested, shares (in shares) | shares	0
Exercised/vested, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 0
Outstanding, beginning of period, shares (in shares) | shares	646
Outstanding, weighted-average grant-date fair value (in dollars per share) | $ / shares	$ 38.97

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual)	3 Months Ended		12 Months Ended
	May 01, 2021	May 02, 2020	Jan. 29, 2022
Effective Income Tax Rate Reconciliation, Percent, Total	23.70%	21.50%
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Open Tax Year	2016 2017 2018 2019 2020 2021
State and Local Jurisdiction [Member]
Open Tax Year	2016 2017 2018 2019 2020 2021
Forecast [Member]
Effective Income Tax Rate Reconciliation, Percent, Total			26.70%

Note 9 - Fair Value Measureme_3

Note 9 - Fair Value Measurements - Carrying Amount and Fair Value of Debt (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Long-term debt gross	$ 961,920	$ 1,111,920	$ 1,361,919
Debt, fair value	961,042	1,112,256	1,318,758
First Lien Term Loan [Member]
Long-term debt gross	701,920	801,920	1,311,919
Debt, fair value	701,042	802,256	1,268,758
ABL Facility [Member]
Long-term debt gross	260,000	310,000	50,000
Debt, fair value	$ 260,000	$ 310,000	$ 50,000

Note 10 - Earnings Per Share (D

Note 10 - Earnings Per Share (Details Textual) - shares	3 Months Ended
	May 01, 2021	May 02, 2020
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	112,759	780,256
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	875,894

Note 10 - Earnings Per Share -

Note 10 - Earnings Per Share - Summary of Basic and Diluted Net Income Per Share Attributable to Common Stockholders (Details) - shares	3 Months Ended
	May 01, 2021	May 02, 2020
Basic (in shares)	135,708,783	136,089,960
Plus: Incremental shares of potentially dilutive securities (in shares)	2,953,181	2,337,780
Weighted-average number of common and dilutive potential common shares outstanding (in shares)	138,661,964	138,427,740

Note 11 - Derivative Financia_3

Note 11 - Derivative Financial Instruments (Details Textual) $ in Thousands	Apr. 30, 2021USD ($)	Oct. 30, 2020USD ($)	Nov. 13, 2018	May 01, 2021USD ($)	May 02, 2020USD ($)	Jan. 30, 2021USD ($)	Nov. 10, 2020USD ($)	Feb. 13, 2019USD ($)
Number of Derivative Instruments Entered			3
Derivative, Amount of Hedged Item								$ 1,200,000
Derivative, Average Fixed Interest Rate								3.00%
Proceeds from Lines of Credit, Total				$ 0	$ 736,000
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 100,000			62,954	132,915	$ 43,518
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	4,700	$ 3,700
Derivative, Notional Amount				1,200,000
Derivative Liability, Total				20,230	59,840	$ 26,353
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax				4,400	$ (19,400)
Interest Expense, Total				$ 1,800
Terminated Interest Rate Swaps [Member]
Derivative, Notional Amount							$ 360,000
Derivative, Fixed Interest Rate							3.00%
Ineffective Interest Rate Swap [Member]
Derivative, Notional Amount							$ 240,000
Derivative, Fixed Interest Rate							3.00%
ABL Facility [Member]
Proceeds from Lines of Credit, Total		260,000
Cash and Cash Equivalents, at Carrying Value, Ending Balance		100,000
ABL Facility [Member] | Term Loan [Member]
Repayments of Long-term Debt, Total	50,000
First Lien Term Loan [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance	150,000	100,000
Repayments of Long-term Debt, Total	$ 100,000	$ 360,000

Note 11 - Derivative Financia_4

Note 11 - Derivative Financial Instruments - Fair Values of Derivative Instruments (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Interest rate swap, notional amount	$ 1,200,000
Interest rate swap, fair value	(20,230)	$ (26,353)	$ (59,840)
Interest Rate Swap 1 [Member]
Interest rate swap, notional amount	$ 600,000
Interest rate swap, fixed rate	3.00%
Interest rate swap, fair value	$ (14,453)	(18,828)	(29,934)
Interest Rate Swap 2 [Member]
Interest rate swap, notional amount	$ 360,000
Interest rate swap, fixed rate	3.00%
Interest rate swap, fair value	$ 0	0	(17,941)
Interest Rate Swap 3 [Member]
Interest rate swap, notional amount	$ 240,000
Interest rate swap, fixed rate	3.00%
Interest rate swap, fair value	$ (5,777)	$ (7,525)	$ (11,965)