v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jul. 26, 2026
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 26, 2026January 25, 2026
(in thousands)Total(Level 1)(Level 2)(Level 3)Total(Level 1)(Level 2)(Level 3)
Financial assets:
Foreign currency forward contracts$— $— $— $— $474 $— $474 $— 
Total financial assets$— $— $— $— $474 $— $474 $— 
Financial liabilities:
Foreign currency forward contracts723 — 723 — — — — — 
Total financial liabilities$723 $— $723 $— $— $— $— $— 
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 2030 Notes:
July 26, 2026January 25, 2026
(in thousands)Fair Value HierarchyCarrying ValueFair ValueCarrying ValueFair Value
1.625% convertible senior notes due 2027, net (1)
Level 2$99,563 $338,340 $99,176 $221,095 
0% convertible senior notes due 2030, net (2)
Level 2393,167 614,945 392,058 441,537 
Total long-term debt, net of debt issuance costs$492,730 $953,285 $491,234 $662,632 
(1) The 1.625% convertible senior notes due 2027, net, are reflected net of $0.9 million and $1.3 million of unamortized debt issuance costs as of July 26, 2026 and January 25, 2026, respectively.
(2) The 0% convertible senior notes due 2030, net, are reflected net of $9.3 million and $10.4 million of unamortized debt issuance costs as of July 26, 2026 and January 25, 2026, respectively.