Fair Value Measurements (Tables)

9 Months Ended

Nov. 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):


	November 1, 2025						February 1, 2025						November 2, 2024
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Cash equivalents (1):
Money market securities	$	37,717	$	—	$	—	$20,685		$	—	$	—	$15,484		$	—	$	—
Commercial paper	—		—		—		—		—		—		—		9,980		—
Marketable securities:
Commercial paper	$	—	$	—	$	—	$	—	$	20,068	$	—	$	—	$	19,802	$	—

(1) Excludes cash of $1.3 million, $0.4 million and $0.9 million as of November 1, 2025, February 1, 2025 and November 2, 2024, respectively.

Details of Impairment of Long-Lived Assets

As a result of this assessment, we recorded non-recurring, non-cash impairment charges of $9.3 thousand and $1.1

million in the thirteen weeks ended November 1, 2025 and November 2, 2024, respectively, to write down the carrying value of certain long-lived store assets and ROU assets to their estimated fair values. We recorded non-recurring, non-cash impairment charges of $1.1 million and $3.6 million in the thirty-nine weeks ended November 1, 2025 and November 2, 2024, respectively, to write-down the carrying value of certain long-lived store assets and ROU assets to their estimated fair values.


	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	November 1, 2025		November 2, 2024		November 1, 2025		November 2, 2024
	($ in thousands)

Carrying value of assets with impairment	$	9	$	7,711	$	3,925	$	16,941
Fair value of assets impaired	$	—	$	6,605	$	2,782	$	13,336
Number of stores tested for impairment	46		62		74		65
Number of stores with impairment	4		16		18		29