| Schedule of Fair Value Measurements, Recurring |
The following tables present the fair value of the financial instruments measured on a recurring basis, or measured at amortized cost which approximates fair value, as of May 2, 2026 and May 3, 2025 (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | May 2, 2026 | | Level 1 | | Level 2 | | Level 3 | | Total | | Cash equivalents: | | | | | | | | | Money market funds | $ | 1,073,486 | | | $ | — | | | $ | — | | | $ | 1,073,486 | | Certificates of deposit | — | | | 77,864 | | | — | | | 77,864 | | | Short-term investments: | | | | | | | | Certificates of deposit | — | | | 278,334 | | | — | | | 278,334 | | | Total cash equivalents and short-term investments | $ | 1,073,486 | | | $ | 356,198 | | | $ | — | | | $ | 1,429,684 | |
| | | | | | | | | | | | | | | | | | | | | | | | | May 3, 2025 | | Level 1 | | Level 2 | | Level 3 | | Total | | Cash equivalents: | | | | | | | | | Money market funds | $ | 148,036 | | | $ | — | | | $ | — | | | $ | 148,036 | | Certificates of deposit | — | | | 65,137 | | | — | | | 65,137 | | | Short-term investments: | | | | | | | | Certificates of deposit | — | | | 195,010 | | | — | | | 195,010 | | | Total cash equivalents and short-term investments | $ | 148,036 | | | $ | 260,147 | | | $ | — | | | $ | 408,183 | |
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