Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 27, 2023

Accounting Policies [Abstract]

Schedule of Allowance for Credit Losses

Changes in the balance of the allowance for credit losses are as follows:

(in thousands)	Fiscal 2022			Fiscal 2021
Beginning balance	$	625		$	680
Provision		295			158
Write-offs		(192	)		(213	)
Ending balance	$	728		$	625

Summary of Property and Equipment, Net

As of the balance sheet dates, Property and equipment, net consisted of the following:

(in thousands)	Asset Lives (years)	January 27, 2023			January 28, 2022
Land	—	$	3,440		$	3,468
Buildings and improvements	15-30		99,545			102,077
Furniture, fixtures and equipment	3-10		59,992			61,751
Computer hardware and software	3-10		232,799			211,726
Leasehold improvements	3-7		12,761			12,818
Construction in progress			27,235			15,278
Gross property and equipment			435,772			407,118
Less: Accumulated depreciation			(308,134	)		(277,327	)
Total property and equipment, net		$	127,638		$	129,791

Deferred Revenue Disclosure

The following table summarizes the deferred revenue associated with payments received in advance of the transfer of control to the customer reported in Accrued expenses and other current liabilities in the Consolidated Balance Sheets and amounts recognized through Net revenue for each period presented. The majority of deferred revenue as of January 27, 2023 is expected to be recognized in Net revenue in the fiscal quarter ending April 28, 2023, as products are delivered to customers.

(in thousands)	Fiscal 2022			Fiscal 2021
Deferred revenue beginning of period	$	8,560		$	17,187
Deferred revenue recognized in period		(8,346	)		(16,973	)
Revenue deferred in period		7,270			8,346
Deferred revenue end of period	$	7,484		$	8,560

Gift Card Reconciliation

The following table provides the reconciliation of the contract liability related to gift cards:

(in thousands)	Fiscal 2022			Fiscal 2021
Balance as of beginning of period	$	33,070		$	26,798
Gift cards sold		65,877			55,107
Gift cards redeemed		(64,637	)		(44,391	)
Gift card breakage		(1,281	)		(4,444	)
Balance as of end of period	$	33,029		$	33,070

Schedule of Other Comprehensive (Loss) Income

Other comprehensive (loss) income encompasses all changes in equity other than those arising from transactions with stockholders and is comprised solely of foreign currency translation adjustments and net income (loss).

	Fiscal 2022			Fiscal 2021			Fiscal 2020
Beginning balance: Accumulated other comprehensive loss (net of tax of $3,361, $2,987, and $3,453, respectively)	$	(12,642	)	$	(11,221	)	$	(12,988	)
Other comprehensive (loss) income
Foreign currency translation adjustments (net of tax of $1,164, $374, and $(466), respectively)		(4,380	)		(1,421	)		1,767
Ending balance: Accumulated other comprehensive loss (net of tax of $4,525, $3,361, and $2,987, respectively)	$	(17,022	)	$	(12,642	)	$	(11,221	)

Schedule of Components of Basic and Diluted EPS

The following table summarizes the components of basic and diluted EPS:

(in thousands)	Fiscal 2022			Fiscal 2021		Fiscal 2020
Net (loss) income	$	(12,530	)	$	33,369	$	10,836
Basic weighted average shares outstanding		33,108			32,929		32,566
Dilutive impact of stock awards		—			752		86
Diluted weighted average shares outstanding		33,108			33,681		32,652
Basic (loss) earnings per share	$	(0.38	)	$	1.01	$	0.33
Diluted (loss) earnings per share	$	(0.38	)	$	0.99	$	0.33