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Discontinued Operations (Tables)
 6 Months Ended
Jan. 27, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations, Assets and Liabilities and Components of Loss
The following table summarizes the major classes of assets and liabilities of discontinued operations, which are summarized separately in the condensed consolidated balance sheets:
(in thousands)January 27, 2024July 29, 2023
Inventory, net$— $6,628 
Prepaid expenses and other current assets953 2,995 
Current assets, discontinued operations 953 9,623 
Operating lease right-of-use assets— 1,565 
Other long-term assets298 481 
Long-term assets, discontinued operations298 2,046 
Total assets, discontinued operations $1,251 $11,669 
Accounts payable$577 $2,586 
Operating lease liabilities— 1,132 
Accrued liabilities1,485 8,903 
Other current liabilities— 161 
Current liabilities, discontinued operations 2,062 12,782 
Total liabilities, discontinued operations $2,062 $12,782 
The key components of loss from discontinued operations were as follows:
For the Three Months EndedFor the Six Months Ended
(in thousands)January 27, 2024January 28, 2023January 27, 2024January 28, 2023
Revenue, net$824 $11,496 $9,382 $23,348 
Cost of goods sold784 6,134 7,274 13,535 
Gross profit40 5,362 2,108 9,813 
Selling, general, and administrative expenses1,500 8,789 11,635 19,834 
Operating loss(1,460)(3,427)(9,527)(10,021)
Interest income— 72 187 98 
Other income (expense), net (1)
560 1,315 (583)207 
Loss before income taxes(900)(2,040)(9,923)(9,716)
Provision (benefit) for income taxes(332)87 (36)177 
Loss from discontinued operations, net of income taxes$(568)$(2,127)$(9,887)$(9,893)
(1) For the six months ended January 27, 2024, Other income (expense), net includes the loss from the release of historical foreign currency translation adjustments related to the exit of the UK business in the first quarter of fiscal 2024, Refer to Note 2, “Summary of Significant Accounting Policies” for further details.