v3.23.1
Cash and Cash Equivalents/Concentration of Credit Risk
3 Months Ended
Apr. 29, 2023
Cash and Cash Equivalents/Concentration of Credit Risk  
Cash and Cash Equivalents/Concentration of Credit Risk

2. Cash and Cash Equivalents/Concentration of Credit Risk

For purposes of the condensed consolidated balance sheets and condensed consolidated statements of cash flows, the Company considers all highly liquid investments with maturities at date of purchase of three months or less to be cash equivalents. Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of cash and cash equivalents. The Company places its cash and cash equivalents in what it believes to be high credit quality banks and institutional money market funds. The Company maintains cash accounts that exceed federally insured limits.