Fair Value Measurements (Tables)

9 Months Ended

Nov. 02, 2019

Fair Value Measurements

Estimated Fair Value and Carrying Value of Notes

Amounts reported as cash and equivalents, receivables, and accounts payable and accrued expenses approximate fair value due to the short-term nature of activity within these accounts. The estimated fair value and carrying value of the 2019 Notes, 2020 Notes, 2023 Notes and 2024 Notes were as follows (in thousands):

	November 2,				February 2,
	2019				2019
	Fair		Carrying		Fair		Carrying
	Value		Value (1)		Value		Value (1)
Convertible senior notes due 2019 (2)	$	—	$	—	$	334,756	$	344,146
Convertible senior notes due 2020		287,992		286,452		260,258		272,919
Convertible senior notes due 2023		271,208		266,026		230,684		253,689
Convertible senior notes due 2024		263,368		264,552		—		—

(1) Carrying value represents the principal amount less the equity component of the 2019 Notes, 2020 Notes, 2023 Notes and 2024 Notes classified in stockholders’ equity (deficit), and does not exclude the discounts upon original issuance, discounts and commissions payable to the initial purchasers and third party offering costs, as applicable.

(2) The 2019 Notes matured on June 15, 2019.