Fair Value Measurements (Tables)

6 Months Ended

Jul. 31, 2022

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The fair values of financial assets and liabilities measured and recorded at fair value on a recurring basis were presented in the Balance Sheets as follows:


	July 31, 2022								January 30, 2022
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)		Total		(Level 1)		(Level 2)		(Level 3)
Financial assets:
Interest rate swap agreement	$	2,152	$	—	$	2,152	$	—	$	229	$	—	$	229	$	—
Total return swap contracts	400		—		400		—		—		—		—		—
Convertible debt	13,403		—		—		13,403		12,872		—		—		12,872
Foreign currency forward contracts	539		—		539		—		—		—		—		—
Total financial assets	$	16,494	$	—	$	3,091	$	13,403	$	13,101	$	—	$	229	$	12,872

Financial liabilities:
Foreign currency forward contracts	$	42	$	—	$	42	$	—	$	—	$	—	$	—	$	—

Total return swap contracts	—		—		—		—		257		—		257		—
Total financial liabilities	$	42	$	—	$	42	$	—	$	257	$	—	$	257	$	—

Fair Value, Assets Measured on Recurring Basis

The following table presents a reconciliation of the changes in the convertible debt investments in the six months ended July 31, 2022:


(in thousands)
Balance at January 30, 2022	$	12,872


Increase in credit loss reserve	(50)
Interest accrued	581

Balance at July 31, 2022	$	13,403