XML 292 R34.htm IDEA: XBRL DOCUMENT
v3.23.1

Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Jan. 29, 2023
Fair Value Disclosures [Abstract] |
Schedule of financial assets and liabilities measured and recorded at fair value on a 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:
| January 29, 2023 |  | 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 | $ | 6,067 |  |  | $ | — |  |  | $ | 6,067 |  |  | $ | — |  |  | $ | 229 |  |  | $ | — |  |  | $ | 229 |  |  | $ | — |
Total return swap contracts | 91 |  |  | — |  |  | 91 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Convertible debt investments | 13,995 |  |  | — |  |  | — |  |  | 13,995 |  |  | 12,872 |  |  | — |  |  | — |  |  | 12,872 |
Foreign currency forward contracts | 717 |  |  | — |  |  | 717 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total financial assets | $ | 20,870 |  |  | $ | — |  |  | $ | 6,875 |  |  | $ | 13,995 |  |  | $ | 13,101 |  |  | $ | — |  |  | $ | 229 |  |  | $ | 12,872 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap agreement | $ | 6,432 |  |  | $ | — |  |  | $ | 6,432 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Total return swap contracts | — |  |  | — |  |  | — |  |  | — |  |  | 257 |  |  | — |  |  | 257 |  |  | — |
Total financial liabilities | $ | 6,432 |  |  | $ | — |  |  | $ | 6,432 |  |  | $ | — |  |  | $ | 257 |  |  | $ | — |  |  | $ | 257 |  |  | $ | — |
Fair Value, Assets Measured on Recurring Basis | The following table presents a reconciliation of the changes in convertible debt investments in the fiscal year ended January 29, 2023:
(in thousands) |
Balance at January 30, 2022 | $ | 12,872 |
Increase in credit loss reserve | (110) |
Interest accrued | 1,233 |
Balance at January 29, 2023 | $ | 13,995 |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | The following table displays the carrying values and fair values of the Company's Notes:
|  |  |  | January 29, 2023 |  | January 30, 2022
(in thousands) |  | Fair Value Hierarchy |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
1.625% convertible senior notes due 2027, net (1) |  | Level 2 |  | 308,150 |  |  | 345,075 |  |  | — |  |  | — |
(1) The 1.625% convertible senior notes due 2027, net are reflected net of $11.4 million of unamortized debt issuance costs as of January 29, 2023.

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration