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Acquisition (Tables) | 3 Months Ended
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Apr. 28, 2024
Business Combination and Asset Acquisition [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The following table presents the fair values of assets and liabilities assumed on the Acquisition Date based on valuations and management's estimates:
(in thousands) | Amounts recognized as of Acquisition Date (as initially reported) |  | Measurement period adjustment |  | Amounts recognized as of Acquisition Date (as adjusted)
Total purchase price consideration, net of cash acquired $68,794 | $ | 1,240,757 |  |  |  |  | $ | 1,240,757 |
Assets: |  |  |  |  |
Accounts receivable, net | 92,633 |  |  | — |  |  | 92,633 |
Inventories | 96,339 |  |  | (1,899) |  |  | 94,440 |
Other current assets | 72,724 |  |  | 5,003 |  |  | 77,727 |
Property, plant and equipment | 29,086 |  |  | (2,628) |  |  | 26,458 |
Intangible assets | 214,780 |  |  | — |  |  | 214,780 |
Prepaid taxes | 3,001 |  |  | — |  |  | 3,001 |
Deferred tax assets | 22,595 |  |  | 285 |  |  | 22,880 |
Other assets | 14,878 |  |  | — |  |  | 14,878 |
Liabilities: |  |  |  |  |
Accounts payable | 50,413 |  |  | 210 |  |  | 50,623 |
Accrued liabilities | 148,654 |  |  | 26,232 |  |  | 174,886 |
Deferred tax liabilities | 4,824 |  |  | 350 |  |  | 5,174 |
Other long-term liabilities | 32,785 |  |  | (2,106) |  |  | 30,679 |
Net assets acquired, excluding goodwill | $ | 309,360 |  |  | $ | (23,925) |  |  | $ | 285,435 |
Goodwill | $ | 931,397 |  |  | $ | 23,925 |  |  | $ | 955,322 |
Business Acquisition, Pro Forma Information | The following table provides a summary of the pro forma unaudited consolidated results of operations of Sierra Wireless as if the Sierra Wireless Acquisition had been completed on February 1, 2021 (the first day of fiscal year 2022):
|  | Three Months Ended |  |
|  | May 1, 2022 |  |
(in thousands) |  | (unaudited) |  |
Total revenues |  | $ | 375,106 |  |  |
Net loss |  | $ | (396) |  |  |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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