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Fair Value Measurements (Tables)
9 Months Ended
Nov. 01, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The following tables present the fair value hierarchy for assets measured at fair value on a recurring basis as of the periods presented (in thousands):
As of November 1, 2025
Level 1Level 2Level 3Total
Cash equivalents and restricted cash
Cash equivalents:
Money market funds$142,400 $— $— $142,400 
Commercial paper— 60,729 — 60,729 
U.S. government and agency securities— 15,439 — 15,439 
Restricted cash—letters of credit15,795 — — 15,795 
Total cash equivalents and restricted cash$158,195 $76,168 $— $234,363 
Marketable debt securities
Commercial paper
$— $127,648 $— $127,648 
Corporate notes and bonds
— 457,896 — 457,896 
U.S. government and agency securities
— 286,513 — 286,513 
Total marketable debt securities$— $872,057 $— $872,057 
As of February 1, 2025
Level 1Level 2Level 3Total
Cash equivalents and restricted cash
Cash equivalents:
Money market funds$157,601 $— $— $157,601 
Commercial paper— 15,686 — 15,686 
Corporate notes and bonds— 2,496 — 2,496 
Restricted cash—letters of credit14,561 — — 14,561 
Total cash equivalents and restricted cash$172,162 $18,182 $— $190,344 
Marketable debt securities
Commercial paper
$— $62,590 $— $62,590 
Corporate notes and bonds
— 444,737 — 444,737 
U.S. government and agency securities
— 242,547 — 242,547 
Total marketable debt securities$— $749,874 $— $749,874