Debt (Tables)

3 Months Ended

May 07, 2023

Debt Disclosure [Abstract]

Schedule of Convertible Debt

The Notes consisted of the following (in thousands):

	At the End of
	Fiscal 2023		First Quarter of Fiscal 2024
Liability:
Principal	$	575,000	$	—
Less: debt issuance costs, net of amortization	(494)		—
Net carrying amount of the Notes	$	574,506	$	—

Schedule of Interest Expense

The following table sets forth total interest expense recognized related to the Notes for the first quarter of fiscal 2023 and 2024 (in thousands):

	First Quarter of Fiscal
	2023			2024
Amortization of debt issuance costs	$	648		$	494
Contractual interest expense	179			136
Total interest expense related to the Notes	$	827		$	630
Effective interest rate of the liability component	0.6		%	0.6		%