v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Aug. 01, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments Measured at Fair Value on a Recurring Basis

The following table presents financial instruments that are measured at fair value on a recurring basis at August 1, 2026, January 31, 2026 and August 2, 2025:

 

 

 

Fair Value Measurements

 

(In thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

As of August 1, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents - money market mutual funds

 

$

92,128

 

 

$

0

 

 

$

0

 

 

$

92,128

 

Marketable securities - mutual funds that fund
    deferred compensation

 

 

13,630

 

 

 

0

 

 

 

0

 

 

 

13,630

 

Total

 

$

105,758

 

 

$

0

 

 

$

0

 

 

$

105,758

 

As of January 31, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents - money market mutual funds

 

$

109,149

 

 

$

0

 

 

$

0

 

 

$

109,149

 

Marketable securities - mutual funds that fund
    deferred compensation

 

 

13,636

 

 

 

0

 

 

 

0

 

 

 

13,636

 

Total

 

$

122,785

 

 

$

0

 

 

$

0

 

 

$

122,785

 

As of August 2, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents - money market mutual funds

 

$

53,882

 

 

$

0

 

 

$

0

 

 

$

53,882

 

Marketable securities - mutual funds that fund
    deferred compensation

 

 

13,198

 

 

 

0

 

 

 

0

 

 

 

13,198

 

Total

 

$

67,080

 

 

$

0

 

 

$

0

 

 

$

67,080

 

Schedule of Liabilities Measure at Fair Value on Recurring Basis

The following table presents liabilities that are measured at fair value on a recurring basis at August 1, 2026, January 31, 2026 and August 2, 2025:

 

 

 

Fair Value Measurements

 

(In thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

As of August 1, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

$

0

 

 

$

0

 

 

$

468

 

 

$

468

 

Total

 

$

0

 

 

$

0

 

 

$

468

 

 

$

468

 

As of January 31, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

$

0

 

 

$

0

 

 

$

451

 

 

$

451

 

Total

 

$

0

 

 

$

0

 

 

$

451

 

 

$

451

 

As of August 2, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

$

0

 

 

$

0

 

 

$

406

 

 

$

406

 

Total

 

$

0

 

 

$

0

 

 

$

406

 

 

$

406

 

Schedule of Deferred Compensation Plan Liabilities and Related Marketable Securities

The following tables present the balances and activity of the Company’s deferred compensation plan liabilities and related Marketable Securities:

 

(In thousands)

 

August 1, 2026

 

 

January 31, 2026

 

 

August 2, 2025

 

Deferred compensation plan current liabilities

 

$

321

 

 

$

1,235

 

 

$

2,510

 

Deferred compensation plan long-term liabilities

 

 

13,079

 

 

 

12,114

 

 

 

10,243

 

Total deferred compensation plan liabilities

 

$

13,400

 

 

$

13,349

 

 

$

12,753

 

Marketable securities - mutual funds that fund deferred compensation

 

$

13,630

 

 

$

13,636

 

 

$

13,198

 

 

(In thousands)

 

Thirteen
Weeks Ended
 August 1, 2026

 

 

Thirteen
Weeks Ended
 August 2, 2025

 

 

Twenty-six
Weeks Ended
 August 1, 2026

 

 

Twenty-six
Weeks Ended
 August 2, 2025

 

Deferred compensation liabilities

 

 

 

 

 

 

 

 

 

 

 

 

   Employer contributions, net

 

$

66

 

 

$

65

 

 

$

177

 

 

$

179

 

   Investment earnings

 

 

378

 

 

 

724

 

 

 

598

 

 

 

288

 

Marketable Securities

 

 

 

 

 

 

 

 

 

 

 

 

Mark-to-market gains (1)

 

 

(383

)

 

 

(891

)

 

 

(594

)

 

 

(286

)

Net deferred compensation expense (income)

 

$

61

 

 

$

(102

)

 

$

181

 

 

$

181

 

(1) Included in the mark-to-market activity related to equity securities still held at quarter-end, we recognized unrealized gains of $350,000 and $903,000 for the thirteen weeks ended August 1, 2026 and August 2, 2025, respectively, and unrealized gains of $466,000 and $809,000 for the twenty-six weeks ended August 1, 2026 and August 2, 2025, respectively.