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Other Income, Net
 3 Months Ended
Apr. 27, 2024
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
The components of other income, net, were as follows (dollars in thousands):
For the Three Months Ended
April 27, 2024April 29, 2023
Gain on sale of fixed assets$12,404 $7,816 
Miscellaneous expense, net(3,153)(2,825)
Other income, net$9,251 $4,991 
We participate in a vendor payment program sponsored by one of our customers. Eligible accounts receivable from this customer are included in the program and payment is received pursuant to a non-recourse sale to a bank partner. This program effectively reduces the time to collect these receivables as compared to that customer’s standard payment terms. We incur a discount fee to the bank on the payments received that is included as an expense component in miscellaneous expense, net, in the table above.