Fair Value Measurements (Tables)

12 Months Ended

Feb. 01, 2025

Financial Assets Categorized Based on Priority of Inputs to Valuation Technique Instruments

In accordance with the provisions of ASC 820, Fair Value Measurement, we categorized our financial assets based on the priority of the inputs to the valuation technique for the instruments as follows (in thousands):


	February 1, 2025						February 3, 2024
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Cash equivalents (1):
Money market securities	$	20,685	$	—	$	—	$	45,672	$	—	$	—


Marketable securities:
Commercial paper	$	—	$	20,068	$	—	$	—	$	44,510	$	—

(1) Excludes cash of $0.4 million and $1.4 million as of fiscal 2024, and 2023, respectively.

Details of Impairment of Long-Lived Assets

As a result, we recorded non-recurring, non-cash impairment charges of $4.4 million, $3.4 million, and $17.1 thousand in fiscal years 2024, 2023 and 2022, respectively, to write-down the carrying value of certain long-lived store assets to their estimated fair values.


	Fiscal Year Ended
	February 1, 2025		February 3, 2024		January 28, 2023
	($ in thousands)

Carrying value of assets with impairment	$	21,490	$	11,203	$	17
Fair value of assets impaired	$	17,124	$	7,772	$	—
Number of stores tested for impairment	73		45		14
Number of stores with impairment	36		27		4