Leases

12 Months Ended

Jan. 25, 2026

The Company has operating leases for real estate, vehicles and office equipment, which are accounted for in accordance with ASC 842, "Leases." Real estate leases are used to secure office space for the Company's administrative, engineering, production support and manufacturing activities. The Company's leases have remaining lease terms of up to eight years, some of which include options to extend the leases for up to five years, and some of which include options to terminate the leases within one year.

The components of lease expense were as follows:


	Fiscal Year Ended
(in thousands)	January 25, 2026		January 26, 2025
Operating lease cost	$	7,273	$	7,278
Short-term lease cost	65		219

Less: sublease income	(522)		(552)
Total lease cost	$	6,816	$	6,945

Supplemental cash flow information related to leases was as follows:


	Fiscal Year Ended
(in thousands)	January 25, 2026		January 26, 2025
Cash paid for amounts included in the measurement of lease liabilities	$	7,878	$	7,899
Right-of-use assets obtained in exchange for new operating lease liabilities	$	7,180	$	3,509



	January 25, 2026
Weighted-average remaining lease term - operating leases (in years)	4.8
Weighted-average discount rate on remaining lease payments - operating leases	6.9	%

Supplemental balance sheet information related to leases was as follows:



(in thousands)	January 25, 2026		January 26, 2025
Operating lease right-of-use assets in "Other Assets"	$	23,455	$	21,729

Operating lease liabilities in "Accrued Liabilities"	$	6,063	$	6,006
Operating lease liabilities in "Other long-term Liabilities"	20,697		18,502
Total operating lease liabilities	$	26,760	$	24,508

Maturities of lease liabilities as of January 25, 2026 are as follows:


(in thousands)
Fiscal Year Ending:
2027	$	7,649
2028	7,075
2029	5,964
2030	4,066
2031	3,489
Thereafter	3,438
Total lease payments	31,681
Less: imputed interest	(4,921)
Total	$	26,760