Convertible Senior Notes (Tables)

3 Months Ended

Apr. 30, 2022

CREDIT FACILITIES

Outstanding balances under our 2023 Notes and 2024 Notes

	APRIL 30,							JANUARY 29,
	2022							2022
			UNAMORTIZED							UNAMORTIZED
			DEBT		NET					DEBT		NET
	PRINCIPAL		ISSUANCE		CARRYING			PRINCIPAL		ISSUANCE		CARRYING
	AMOUNT		COST(1)		AMOUNT			AMOUNT		COST(1)		AMOUNT
	(in thousands)
Convertible senior notes due 2023(2)	$	19,778	$	(120)	$	19,658	$	74,390	$	(5,999)	$	68,391
Convertible senior notes due 2024(3)		80,880		(492)		80,388		219,638		(31,577)		188,061
Total convertible senior notes	$	100,658	$	(612)	$	100,046	$	294,028	$	(37,576)	$	256,452

(1) As of April 30, 2022, the balance includes debt issuance costs inclusive of original issuers’ discount. As of January 29, 2022, the balance includes debt issuance costs inclusive of original issuers’ discount, as well as the previously outstanding equity component that was recombined upon the adoption of ASU 2020-06 in the first quarter of fiscal 2022, which was $5.7 million for the 2023 Notes and $30 million for the 2024 Notes. Refer to Note 2—Recently Issued Accounting Standards.

(2) As of April 30, 2022, $20 million of the 2023 Notes remains outstanding and is classified as convertible senior notes due 2023—net. The 2023 Notes outstanding as of January 29, 2022 included a current portion of $9.4 million and a non-current portion of $59 million.

(3) As of April 30, 2022, $81 million of the 2024 Notes remains outstanding and is classified as convertible senior notes due 2024—net. The 2024 Notes outstanding as of January 29, 2022 included a current portion of $3.6 million and a non-current portion of $184 million.