v3.25.2
Fair Value Measurements (Tables)
 6 Months Ended
Jul. 27, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis The fair values of financial assets measured and recorded at fair value on a recurring basis were presented in the Balance Sheets as follows:
 July 27, 2025January 26, 2025
(in thousands)Total(Level 1)(Level 2)(Level 3)Total(Level 1)(Level 2)(Level 3)
Financial assets:
Interest rate swap agreement$205 $— $205 $— $745 $— $745 $— 
Convertible debt investments12,715 — — 12,715 12,715 — — 12,715 
Total financial assets$12,920 $— $205 $12,715 $13,460 $— $745 $12,715 
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 and 2028 Notes:
 July 27, 2025January 26, 2025
(in thousands)Fair Value HierarchyCarrying ValueFair ValueCarrying ValueFair Value
1.625% convertible senior notes due 2027, net (1)
Level 2$314,178 $496,274 $312,973 $647,943 
4.00% convertible senior notes due 2028, net (2)
Level 260,566 163,726 60,352 225,771 
Total long-term debt, net of debt issuance costs$374,744 $660,000 $373,325 $873,714 
(1) The 1.625% convertible senior notes due 2027, net, are reflected net of $5.3 million and $6.5 million of unamortized debt issuance costs as of July 27, 2025 and January 26, 2025, respectively.
(2) The 4.00% convertible senior notes due 2028, net, are reflected net of $1.4 million and $1.6 million of unamortized debt issuance costs as of July 27, 2025 and January 26, 2025, respectively.