XML 30 R20.htm IDEA: XBRL DOCUMENT
v3.23.2

Restructuring | 6 Months Ended
--- | ---
Jul. 30, 2023
Restructuring and Related Activities [Abstract] |
Restructuring | Restructuring The Company has undertaken structural reorganization actions to reduce its workforce as a result of cost-saving measures and internal resource alignment including from the realization of synergies of the Sierra Wireless Acquisition. The Company also implemented a separate reduction in workforce plan that commenced during the second quarter of fiscal year 2024 and this reduction in workforce plan is expected to be largely complete by the third quarter of fiscal year 2024. These reorganization actions resulted in total restructuring charges of $9.8 million and $11.8 million in the three and six months ended July 30, 2023, respectively. The Company did not have any restructuring charges during the three and six months ended July 31, 2022. Restructuring related liabilities are included in "Accrued liabilities" in the Balance Sheets. Restructuring activity is summarized as follows:
(in thousands) | One-time employee termination benefits |  | Other restructuring |  | Total
Balance at January 29, 2023 | $ | 4,027 |  |  | $ | 12 |  |  | $ | 4,039 |
Charges (1) | 10,065 |  |  | 1,756 |  |  | 11,821 |
Cash payments | (5,744) |  |  | (1,287) |  |  | (7,031) |
Balance at July 30, 2023 | $ | 8,348 |  |  | $ | 481 |  |  | $ | 8,829 |
(1) Restructuring charges include $5.8 million during the six months ended July 30, 2023 related to the reduction in workforce plan that commenced during the second quarter of fiscal year 2024. Restructuring charges were included in the Statements of Operations as follows:
| Three Months Ended |  | Six Months Ended
(in thousands) | July 30, 2023 |  | July 31, 2022 |  | July 30, 2023 |  | July 31, 2022
Cost of sales | $ | 362 |  |  | $ | — |  |  | $ | 859 |  |  | $ | — |
Selling, general and administrative | 5,445 |  |  | — |  |  | 5,782 |  |  | — |
Product development and engineering | 3,954 |  |  | — |  |  | 5,180 |  |  | — |
Total restructuring charges (1) | $ | 9,761 |  |  | $ | — |  |  | $ | 11,821 |  |  | $ | — |
(1) Restructuring charges include $5.8 million during each of the three and six months ended July 30, 2023 related to the reduction in workforce plan that commenced during the second quarter of fiscal year 2024.

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

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration