Fair Value Measurements (Tables)

12 Months Ended

Jan. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities measured and recorded at fair value on a recurring basis

Financial assets and liabilities measured and recorded at fair value on a recurring basis were presented within the Company's Balance Sheets as follows:

	Fair Value as of January 31, 2021								Fair Value as of January 26, 2020
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)		Total		(Level 1)		(Level 2)		(Level 3)
Financial assets:
Convertible debt	$	11,989	$	—	$	—	$	11,989	$	10,700	$	—	$	—	$	10,700
Total financial assets	$	11,989	$	—	$	—	$	11,989	$	10,700	$	—	$	—	$	10,700
Financial liabilities:
Cycleo Earn-out	$	—	$	—	$	—	$	—	$	2,108	$	—	$	—	$	2,108
Interest rate swap agreement	1,782		—		1,782		—		—		—		—		—
Total return swap contracts	167		—		167		—		—		—		—		—
Total financial liabilities	$	1,949	$	—	$	1,949	$	—	$	2,108	$	—	$	—	$	2,108

Reconciliation of the change in the earn-out liability

The following table presents a reconciliation of the changes in the Cycleo Earn-out liability categorized within Level 3 in the fiscal year ended January 31, 2021:

(in thousands)
Balance at January 26, 2020	$	2,108
Changes in fair value of contingent earn-out obligations	(33)
Changes in fair value of non-contingent earn-out obligations	(117)
Transferred out of Level 3	(1,958)
Balance at January 31, 2021	$	—

Fair Value, Assets Measured on Recurring Basis

The following table presents a reconciliation of the changes in convertible debt investments in the fiscal year ended January 31, 2021:

(in thousands)
Balance at January 26, 2020	$	10,700
Additions	3,500
Fair market value adjustment to OCI	(313)
Increase in credit loss reserve	(2,927)
Interest accrued	1,029
Balance at January 31, 2021	$	11,989