XML 289 R31.htm IDEA: XBRL DOCUMENT v3.23.1

Significant Accounting Policies (Tables)

12 Months Ended

Jan. 29, 2023

Accounting Policies [Abstract]

Schedule of changes in other comprehensive income (loss) by component

The following table summarizes the changes in other comprehensive income (loss) by component:

			Fiscal Year Ended
			January 29, 2023																		January 30, 2022																		January 31, 2021
(in thousands)			Pre-tax Amount						Tax Benefit (Expense)						Net Amount						Pre-tax Amount						Tax (Expense) Benefit						Net Amount						Pre-tax Amount						Tax Benefit (Expense)						Net Amount
Defined benefit plans:
Other comprehensive income (loss) before reclassifications			$	4,363					$	(568)					$	3,795					$	1,792					$	(217)					$	1,575					$	(2,879)					$	(469)					$	(3,348)
Amounts reclassified to earnings included in "Selling, general and administrative"			1,909						(313)						1,596						2,722						(421)						2,301						2,901						461						3,362
Foreign currency hedge:
Other comprehensive income before reclassifications			604						(105)						499						—						—						—						780						(178)						602
Amounts reclassified to earnings included in "Selling, general and administrative"			112						(53)						59						—						—						—						(780)						178						(602)
Interest rate hedge:
Other comprehensive income (loss) before reclassifications			1,595						(343)						1,252						1,064						(229)						835						(2,320)						499						(1,821)
Amounts reclassified to earnings included in "Interest expense"			(2,189)						471						(1,718)						948						(204)						744						538						(116)						422
Available-for-sale securities:
Other comprehensive income before reclassifications			—						—						—						813						(175)						638						165						(25)						140
Amounts reclassified to earnings included in "Non-operating income, net"			—						—						—						—						—						—						(939)						182						(757)
Cumulative translation gain:			—						—						—						—						—						—						—						—						—
Reclassification of cumulative translation gain to net income			(48)						—						(48)						—						—						—						—						—						—
Other comprehensive income (loss)			$	6,346					$	(911)					$	5,435					$	7,339					$	(1,246)					$	6,093					$	(2,534)					$	532					$	(2,002)

Schedule of accumulated other comprehensive income (loss)

The following table summarizes the changes in accumulated other comprehensive income (loss) by component:

(in thousands)			Defined Benefit Plans						Foreign Currency Hedge						Interest Rate Hedge						Available-for-Sale Securities						Cumulative Translation Adjustment						Accumulated Other Comprehensive Loss
Balance as of January 26, 2020			$	(9,502)					$	—					$	—					$	2,506					$	830					$	(6,166)
Other comprehensive income (loss)			14						—						(1,399)						(617)						—						(2,002)
Balance as of January 31, 2021			(9,488)						—						(1,399)						1,889						830						(8,168)
Other comprehensive income			3,876						—						1,579						638						—						6,093
Balance as of January 30, 2022			(5,612)						—						180						2,527						830						(2,075)
Other comprehensive income (loss)			5,391						558						(466)						—						(48)						5,435
Balance as of January 29, 2023			$	(221)					$	558					$	(286)					$	2,527					$	782					$	3,360

Schedule of earnings per share calculation, basic and diluted

The computation of basic and diluted earnings per share was as follows:

						Fiscal Year Ended
(in thousands, except per share data)						January 29, 2023						January 30, 2022						January 31, 2021
Net income attributable to common stockholders						$	61,380					$	125,664					$	59,903
Weighted-average shares outstanding–basic						63,770						64,662						65,208
Dilutive effect of share-based compensation						243						903						851
Weighted-average shares outstanding–diluted						64,013						65,565						66,059
Earnings per share:
Basic						$	0.96					$	1.94					$	0.92
Diluted						$	0.96					$	1.92					$	0.91
Anti-dilutive shares not included in the above calculations:
Share-based compensation						1,211						35						406
Warrants						8,573						—						—
Total anti-dilutive shares						9,784						35						406

X

- Definition

Schedule Of Other Comprehensive Income By Component [Table Text Block]

+ References

No definition available.

+ Details

Name:	smtc_ScheduleOfOtherComprehensiveIncomeByComponentTableTextBlock
Namespace Prefix:	smtc_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

+ Details

Name:	us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration