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Fair Value Measurements (Tables)

12 Months Ended

Jan. 25, 2026

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities measured and recorded at fair value on a recurring basis

The fair values of financial assets and liabilities measured and recorded at fair value on a recurring basis were presented in the Balance Sheets as follows:

			January 25, 2026																								January 26, 2025
(in thousands)			Total						(Level 1)						(Level 2)						(Level 3)						Total						(Level 1)						(Level 2)						(Level 3)
Financial assets:
Interest rate swap agreement			$	—					$	—					$	—					$	—					$	745					$	—					$	745					$	—
Convertible debt investments			—						—						—						—						12,715						—						—						12,715
Foreign currency forward contracts			474						—						474						—						—						—						—						—
Total financial assets			$	474					$	—					$	474					$	—					$	13,460					$	—					$	745					$	12,715

Fair Value, Assets Measured on Recurring Basis

The following table presents a reconciliation of the changes in convertible debt investments in the fiscal year ended January 25, 2026:

(in thousands)
Balance at January 26, 2025			$	12,715
Fair market value adjustment to OCI			(3,195)
Other-than-temporary impairment			(9,520)
Balance at January 25, 2026			$	—

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The following table displays the carrying values and fair values of the 2027 Notes, 2028 Notes and 2030 Notes:

												January 25, 2026												January 26, 2025
(in thousands)						Fair Value Hierarchy						Carrying Value						Fair Value						Carrying Value						Fair Value
1.625% convertible senior notes due 2027, net (1)						Level 2						$	99,176					$	221,095					$	312,973					$	647,943
4.00% convertible senior notes due 2028, net (2)						Level 2						—						—						60,352						225,771
0% convertible senior notes due 2030, net (3)						Level 2						392,058						441,537						—						—
Total convertible notes, net of debt issuance costs												$	491,234					$	662,632					$	373,325					$	873,714

(1) The 1.625% convertible senior notes due 2027, net are reflected net of $1.3 million and $6.5 million of unamortized debt issuance costs as of January 25, 2026 and January 26, 2025, respectively.

(2) The 4.00% convertible senior notes due 2028, net are reflected net of $1.6 million of unamortized debt issuance costs as of January 26, 2025.

(3) The 0% convertible senior notes due 2030, net are reflected net of $10.4 million of unamortized debt issuance costs as of January 25, 2026.

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- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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- References

No definition available.

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X

- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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