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Share-Based Compensation (Tables)

12 Months Ended

Jan. 25, 2026

Share-Based Payment Arrangement, Noncash Expense [Abstract]

Summary of allocation of stock-based compensation

Pre-tax share-based compensation was included in the Statements of Operations for fiscal years 2026, 2025 and 2024 as follows: 

			Fiscal Year Ended
(in thousands)			January 25, 2026						January 26, 2025						January 28, 2024
Cost of sales			$	2,697					$	2,933					$	1,995
Product development and engineering			15,098						13,965						12,844
Selling, general and administrative			39,928						51,138						25,331
Share-based compensation			$	57,723					$	68,036					$	40,170

Summary of the activity for stock option awards

The following table summarizes the activity for stock options for fiscal year 2026:

(in thousands, except per share data)			Number of Shares						Weighted- Average Exercise Price (per share)						Aggregate Intrinsic Value (1)												Number of Shares Exercisable						Weighted-Average Contractual Term (years)
Vested and expected to vest at January 26, 2025			286						$	29.59					$	12,434											150						3.8
Exercised			(141)						29.50						5,423
Forfeited			(6)						29.30
Vested and expected to vest at January 25, 2026			139						29.70						7,075												139						2.8
Vested and exercisable at January 25, 2026			139						29.70						7,075																		2.8

(1) The aggregate intrinsic value of stock options vested and exercisable as of January 25, 2026 is calculated based on the difference between the exercise price and the $80.52 closing price of the Company's common stock as of January 23, 2026 (the last trading day of the fiscal year ended January 25, 2026).

Summary of unvested stock option awards

The following table summarizes information regarding nonvested stock option awards at January 25, 2026:

(in thousands, except per share data)			Number of Shares						Weighted-Average Exercise Price (per share)						Weighted-Average Grant Date Fair Value (per share)
Nonvested at January 26, 2025			136						$	29.30					$	12.77
Vested			(130)						29.30						12.77
Forfeited			(6)						29.30						12.77
Nonvested at January 25, 2026			—

Summary of Activity for Restricted Stock Units and Metric-based Awards

The following table summarizes the activity for restricted stock units awarded to employees for fiscal year 2026:

(in thousands, except per share data)			Total Units						Units Subject to Share Settlement						Units Subject to Cash Settlement						Weighted-Average Grant Date Fair Value (per share)
Nonvested at January 26, 2025			2,720						2,716						4						$	28.94
Granted			1,136						1,136						—						44.22
Vested			(1,296)						(1,294)						(2)						30.72
Forfeited			(214)						(214)						—						30.79
Nonvested at January 25, 2026			2,346						2,344						2						35.21

The following table summarizes the activity for restricted stock units awarded to non-employee directors for fiscal year 2026:

(in thousands, except per share data)			Total Units						Units Subject to Share Settlement						Units Subject to Cash Settlement						Weighted-Average Grant Date Fair Value (per share)
Nonvested at January 26, 2025			46						23						23						$	31.50
Granted			43						43						—						37.58
Vested			(46)						(23)						(23)						31.50
Forfeited			—						—						—						—
Nonvested at January 25, 2026			43						43						—						37.58

The following table summarizes the activity for the Metric-based Awards for fiscal year 2026:

(in thousands, except per share data)			Total Units						Weighted-Average Grant Date Fair Value (per share)
Nonvested at January 26, 2025			59						$	30.86
Granted			—						—
Vested			(40)						32.70
Cancelled/Forfeited			—						—
Nonvested at January 25, 2026			19						27.02

Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option

The following table summarizes the activity for the Performance Awards for fiscal year 2026:

(in thousands, except per share data)			Total Units						Weighted-Average Grant Date Fair Value (per share)
Nonvested at January 26, 2025			369						$	42.23
Granted			376						37.48
Vested			(139)						36.31
Cancelled/Forfeited (1)			(46)						55.08
Nonvested at January 25, 2026			560						39.46

(1) Primarily represents forfeitures due to the terminations of certain recipients.

The following table summarizes the activity for the TSR Awards for fiscal year 2026:

(in thousands, except per share data)			Total Units						Weighted-Average Grant Date Fair Value (per share)
Nonvested at January 26, 2025			71						$	47.26
Granted			—						—
Vested			(52)						47.82
Cancelled/Forfeited			—						—
Nonvested at January 25, 2026			19						45.72

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- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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-SubTopic 10
-Section 50
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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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Tabular disclosure of activity for outstanding award under share-based payment arrangement excluding share and unit options and nonvested award.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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