Cash, Cash Equivalents and Marketable Securities

9 Months Ended

Nov. 02, 2024

Cash And Cash Equivalents [Abstract]

Cash, Cash Equivalents and Marketable Securities

3. Cash, Cash Equivalents and Marketable Securities

The following tables summarize the estimated fair value of our cash, cash equivalents and marketable securities and the gross unrealized holding gains and losses (in thousands):

	November 2, 2024
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Estimated Fair Value
Cash and cash equivalents:
Cash	$	7,637	$	—	$	—		$	7,637
Money market funds		40,905		—		—			40,905
Total cash and cash equivalents		48,542		—		—			48,542
Marketable securities:
U.S. treasury and government agency securities		15,355		—		(2,777	)		12,578
Corporate debt securities		18,232		—		(195	)		18,037
State and local government securities		500		—		(3	)		497
Certificate of deposits		16,208		—		—			16,208
Variable-rate demand notes		3,440		—		—			3,440
Total marketable securities	$	53,735	$	—	$	(2,975	)	$	50,760

	February 3, 2024
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Estimated Fair Value
Cash and cash equivalents:
Cash	$	38,188	$	—	$	—		$	38,188
Money market funds		11,322		—		—			11,322
Corporate debt securities		39,374		—		(9	)		39,365
Total cash and cash equivalents		88,884		—		(9	)		88,875
Marketable securities:
U.S. treasury and government agency securities		17,610		—		(2,834	)		14,776
Corporate debt securities		41,218		1		(948	)		40,271
State and local government securities		6,525		—		(105	)		6,420
Certificates of deposit		16,607		—		—			16,607
Variable-rate demand notes		4,630		—		—			4,630
Total marketable securities	$	86,590	$	1	$	(3,887	)	$	82,704

All of our marketable securities have an effective maturity date or weighted average life of five years or less at the time of purchase and may be liquidated, at our discretion, prior to maturity.

The following tables summarize the gross unrealized holding losses and fair value for investments in an unrealized loss position, and the length of time that individual securities have been in a continuous loss position (in thousands):

	November 2, 2024
	Less Than 12 Months				12 Months or Greater					Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Marketable securities:
U.S. treasury and government agency securities	$	—	$	—	$	12,577	$	(2,777	)	$	12,577	$	(2,777	)
Corporate debt securities		—		—		17,037		(195	)		17,037		(195	)
State and local government securities		—		—		497		(3	)		497		(3	)
Total marketable securities	$	—	$	—	$	30,111	$	(2,975	)	$	30,111	$	(2,975	)

	February 3, 2024
	Less Than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Cash and cash equivalents:
Corporate debt securities	$	29,093	$	(9	)	$	—	$	—		$	29,093	$	(9	)
Total cash and cash equivalents		29,093		(9	)		—		—			29,093		(9	)
Marketable securities:
U.S. treasury and government agency securities		—		—			14,777		(2,834	)		14,777		(2,834	)
Corporate debt securities		—		—			37,878		(948	)		37,878		(948	)
State and local government securities		—		—			6,420		(105	)		6,420		(105	)
Total marketable securities	$	—	$	—		$	59,075	$	(3,887	)	$	59,075	$	(3,887	)