Debt - (Tables)

6 Months Ended

Aug. 07, 2022

Debt Disclosure [Abstract]

Schedule of Convertible Debt

The Notes consisted of the following (in thousands):

	At the End of
	Fiscal 2022		Second Quarter of Fiscal 2023
Liability:
Principal	$	575,000	$	575,000
Less: debt discount, net of amortization	(35,641)		—
Less: debt issuance costs, net of amortization	(2,580)		(1,795)
Net carrying amount of the Notes	$	536,779	$	573,205
Stockholders' equity recorded at issuance:
Allocated value of the conversion feature	$	136,333	$	—
Less: debt issuance costs	(3,068)		—
Additional paid-in capital	$	133,265	$	—

Schedule of Interest Expense

The following table sets forth total interest expense recognized related to the Notes for the second quarter and first two quarters of fiscal 2022 and 2023 (in thousands):

	Second Quarter of Fiscal						First Two Quarters of Fiscal
	2022			2023			2022			2023
Amortization of debt discount	$	7,085		$	—		$	13,845		$	—
Amortization of debt issuance costs	513			649			1,003			1,297
Total amortization of debt discount and debt issuance costs	7,598			649			14,848			1,297
Contractual interest expense	181			179			356			358
Total interest expense related to the Notes	$	7,779		$	828		$	15,204		$	1,655
Effective interest rate of the liability component	5.6		%	0.6		%	5.6		%	0.6		%