v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
May 02, 2026
Fair Value Disclosures [Abstract]  
Schedule of Cash Equivalents and Investments Accounted for as Available-for-Sale Measured at Fair Value on a Recurring Basis
Our cash equivalents and investments, which were accounted for as available-for-sale securities and were measured at fair value on a recurring basis as of May 2, 2026, and August 2, 2025, were as follows:
 May 2, 2026August 2, 2025
(in thousands)Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Cash equivalents:
Money market funds$52,192 $— $— $52,192 $59,945 $— $— $59,945 
Investments:
U.S. Treasury securities (1)
39,763 — — 39,763 16,541 — — 16,541 
Corporate bonds (1)
— 88,425 — 88,425 — 105,110 — 105,110 
Asset backed securities (1)
— 8,455 — 8,455 — 1,499 — 1,499 
Yankee bonds— 5,421 — 5,421 — 5,645 — 5,645 
Total$91,955 $102,301 $— $194,256 $76,486 $112,254 $— $188,740 
(1) For May 2, 2026, Corporate bonds, U.S. Treasury securities, and Asset backed securities includes both short-term investments with remaining maturities of less than one year, and long-term investments with remaining maturities over one year and less than five years. For August 2, 2025, U.S. Treasury securities and corporate bonds includes both short-term investments with remaining maturities of less than one year, and long-term investments with remaining maturities over one year and less than five years.
Schedule of Amortized Cost, Gross Unrealized Gains (Losses) and Fair Value of Available-for-sale Investments
The following table sets forth the amortized cost, gross unrealized gains and losses, and fair values of our investments, which are accounted for as available-for-sale securities, as of May 2, 2026, and August 2, 2025:
May 2, 2026August 2, 2025
(in thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueAmortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Investments:
U.S. Treasury securities$39,816 $$(59)$39,763 $16,542 $— $(1)$16,541 
Corporate bonds88,552 (135)88,425 105,115 28 (33)105,110 
Asset backed securities8,469 (15)8,455 1,499 — — 1,499 
Yankee bonds5,425 — (4)5,421 5,644 — 5,645 
Total$142,262 $15 $(213)$142,064 $128,800 $29 $(34)$128,795