Fair Value (Tables)

6 Months Ended

Aug. 01, 2026

Company's Assets and Liabilities Measured at Fair Value

The following table provides the three levels of the hierarchy and the distribution of the Company’s assets measured at fair value on a recurring basis, as of August 1, 2026 and January 31, 2026:


	Assets and Liabilities at Fair Value as of August 1, 2026
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents (1)	$	170,812	$	9,270	$	—	$	180,082
Derivative instruments (2)	—		1,884		—		1,884
Rabbi Trust assets (3)	1,164		56,248		—		57,412
Restricted cash equivalents (1)	3,077		630		—		3,707
Total assets	$	175,053	$	68,032	$	—	$	243,085

Liabilities:
Derivative instruments (2)	$	—	$	296	$	—	$	296
Total liabilities	$	—	$	296	$	—	$	296


	Assets and Liabilities at Fair Value as of January 31, 2026
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents (1)	$	341,768	$	19,109	$	—	$	360,877
Derivative instruments (2)	—		350		—		350
Rabbi Trust assets (3)	1,164		55,443		—		56,607
Restricted cash equivalents (1)	3,089		629		—		3,718
Total assets	$	346,021	$	75,531	$	—	$	421,552

Liabilities:
Derivative instruments (2)	$	—	$	2,336	$	—	$	2,336
Total liabilities	$	—	$	2,336	$	—	$	2,336

(1) Level 1 assets consisted of investments in money market funds and U.S. treasury bills. Level 2 assets consisted of time deposits with original maturities of less than three months.

(2) Level 2 assets and liabilities consisted primarily of foreign currency exchange forward contracts.

(3) Level 1 assets consisted of investments in money market funds. Level 2 assets consisted of trust-owned life insurance policies.