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Consolidated Statements of Income - USD ($)
shares in Thousands
12 Months Ended
Jan. 26, 2025
Jan. 28, 2024
Jan. 29, 2023
Total net sales $ 909,287,000 $ 868,758,000 $ 756,533,000
Amortization of acquired technology 9,106,000 33,716,000 5,661,000
Acquired technology impairments 0 91,792,000 0
Total cost of sales 452,759,000 572,508,000 277,975,000
Gross profit 456,528,000 296,250,000 478,558,000
Operating expenses, net:      
Product development and engineering 170,908,000 186,450,000 166,948,000
Selling, general and administrative 222,368,000 220,220,000 224,812,000
Intangible amortization 884,000 14,913,000 821,000
Restructuring 4,944,000 23,775,000 11,491,000
Gain on sale of business 0 0 (18,313,000)
Intangible impairment 0 39,593,000 0
Impairment of goodwill 7,490,000 755,621,000 0
Total operating expenses, net 406,594,000 1,240,572,000 385,759,000
Operating income (loss) 49,934,000 (944,322,000) 92,799,000
Interest expense (90,067,000) (95,813,000) (17,646,000)
Interest income 2,302,000 3,051,000 5,801,000
Loss on extinguishment of debt (144,688,000) 0 0
Non-operating income (expense), net 267,000 (542,000) (1,331,000)
Investment impairments and credit loss reserves, net (1,109,000) (3,929,000) (1,156,000)
(Loss) income before taxes and equity method income (183,361,000) (1,041,555,000) 78,467,000
(Benefit) provision for income taxes (22,012,000) 50,519,000 17,344,000
Net (loss) income before equity method income (161,349,000) (1,092,074,000) 61,123,000
Equity method (loss) income (547,000) 45,000 249,000
Net (loss) income (161,896,000) (1,092,029,000) 61,372,000
Net income (loss) attributable to noncontrolling interest 0 1,000 (8,000)
Net (loss) income attributable to common stockholders $ (161,896,000) $ (1,092,030,000) $ 61,380,000
(Loss) earnings per share:      
Basic (in dollars per share) $ (2.26) $ (17.03) $ 0.96
Diluted (in dollars per share) $ (2.26) $ (17.03) $ 0.96
Weighted average number of shares used in computing earnings per share:      
Basic (in shares) 71,606 64,127 63,770
Diluted (in shares) 71,606 64,127 64,013
Products      
Total net sales $ 794,379,000 $ 754,018,000 $ 750,108,000
Cost of sales: 394,268,000 393,971,000 269,495,000
Services      
Total net sales 114,908,000 114,740,000 6,425,000
Cost of sales: $ 49,385,000 $ 53,029,000 $ 2,819,000