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Fair Value of Financial Instruments (Tables)
12 Months Ended
Jan. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value

Assets measured at fair value were as follows (in thousands):

 

 

 

January 30,

 

 

January 31,

 

 

 

2016

 

 

2015

 

 

 

Level 1

 

 

Level 2

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Total

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

70

 

 

$

 

 

$

70

 

 

$

44

 

 

$

 

 

$

44

 

Commercial paper

 

 

 

 

 

46,726

 

 

 

46,726

 

 

 

 

 

 

18,248

 

 

 

18,248

 

Government agency obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,001

 

 

 

1,001

 

Total cash equivalents

 

 

70

 

 

 

46,726

 

 

 

46,796

 

 

 

44

 

 

 

19,249

 

 

 

19,293

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

 

 

 

15,488

 

 

 

15,488

 

 

 

 

 

 

13,996

 

 

 

13,996

 

Government agency obligations

 

 

22,011

 

 

 

93,302

 

 

 

115,313

 

 

 

 

 

 

48,172

 

 

 

48,172

 

Total short-term investments

 

 

22,011

 

 

 

108,790

 

 

 

130,801

 

 

 

 

 

 

62,168

 

 

 

62,168

 

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Government agency obligations

 

 

7,829

 

 

 

14,225

 

 

 

22,054

 

 

 

 

 

 

18,338

 

 

 

18,338

 

Total long-term investments

 

 

7,829

 

 

 

14,225

 

 

 

22,054

 

 

 

 

 

 

18,338

 

 

 

18,338

 

Total

 

$

29,910

 

 

$

169,741

 

 

$

199,651

 

 

$

44

 

 

$

99,755

 

 

$

99,799

 

 

Schedule of Available-for-sale Securities Maturities

The following table summarizes the amortized cost and estimated fair value of the available-for-sale securities within the Company’s investment portfolio based on stated maturities, which are recorded within cash and cash equivalents, short-term investments and long-term investments on the consolidated balance sheets (in thousands):

 

 

 

January 30,

 

 

January 31,

 

 

 

2016

 

 

2015

 

 

 

Cost

 

 

Fair Value

 

 

Cost

 

 

Fair Value

 

Range of maturity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due within 1 year

 

$

177,564

 

 

$

177,527

 

 

$

81,413

 

 

$

81,419

 

Due in 1 to 2 years

 

$

22,033

 

 

$

22,054

 

 

$

18,324

 

 

$

18,338

 

 

Estimated Fair Value and Carrying Value of Notes

The estimated fair value and carrying value of the 2019 Notes and 2020 Notes (carrying value excludes the equity component of the 2019 Notes and 2020 Notes classified in stockholders’ equity) were as follows (in thousands):

 

 

January 30,

 

 

January 31,

 

 

 

2016

 

 

2015

 

 

 

Fair

Value

 

 

Carrying

Value

 

 

Fair

Value

 

 

Carrying

Value

 

Convertible senior notes due 2019

 

$

257,624

 

 

$

300,711

 

 

$

260,444

 

 

$

287,487

 

Convertible senior notes due 2020

 

$

198,635

 

 

$

224,887

 

 

$

 

 

$