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Fair Value Measurement (Tables)
12 Months Ended
Feb. 02, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
As of February 2, 2025 and January 28, 2024, the Company held certain assets and liabilities that are required to be measured at fair value on a recurring basis:
February 2, 2025Level 1Level 2Level 3Balance Sheet Classification
(In thousands)
Money market funds$240,918 $240,918 $— $— Cash and cash equivalents
Term deposits— — Cash and cash equivalents
Forward currency contract assets76,848 — 76,848 — Prepaid expenses and other current assets
Forward currency contract liabilities74,638 — 74,638 — Other current liabilities
January 28, 2024Level 1Level 2Level 3Balance Sheet Classification
(In thousands)
Money market funds$1,102,119 $1,102,119 $— $— Cash and cash equivalents
Term deposits— — Cash and cash equivalents
Forward currency contract assets647 — 647 — Prepaid expenses and other current assets
Forward currency contract liabilities2,872 — 2,872 — Other current liabilities