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Fair Value Measurements (Tables)
 3 Months Ended
Apr. 28, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The fair values of financial assets and liabilities measured and recorded at fair value on a recurring basis were presented in the Balance Sheets as follows:
 April 28, 2024January 28, 2024
(in thousands)Total(Level 1)(Level 2)(Level 3)Total(Level 1)(Level 2)(Level 3)
Financial assets:
Interest rate swap agreement$19,526 $— $19,526 $— $7,321 $— $7,321 $— 
Convertible debt investments12,092 — — 12,092 12,117 — — 12,117 
Foreign currency forward contracts— — — — 169 — 169 — 
Total financial assets$31,618 $— $19,526 $12,092 $19,607 $— $7,490 $12,117 
Financial liabilities:
Interest rate swap agreement$— $— $— $— $7 $— $7 $— 
Foreign currency forward contracts28 — 28 — — — — — 
Total financial liabilities$28 $— $28 $— $7 $— $7 $— 
Fair Value, Assets Measured on Recurring Basis
The following table presents a reconciliation of the changes in convertible debt investments in the three months ended April 28, 2024:
(in thousands)
Balance at January 28, 2024$12,117 
Sales(222)
Interest accrued197 
Balance at April 28, 2024$12,092 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The following table displays the carrying values and fair values of the 2027 Notes and 2028 Notes:
 April 28, 2024January 28, 2024
(in thousands)Fair Value HierarchyCarrying ValueFair ValueCarrying ValueFair Value
1.625% convertible senior notes due 2027, net (1)
Level 2$311,166 $347,653 $310,563 $262,571 
4.00% convertible senior notes due 2028, net (2)
Level 2242,262 437,437 241,829 313,299 
Total long-term debt, net of debt issuance costs$553,428 $785,090 $552,392 $575,870 
(1) The 1.625% convertible senior notes due 2027, net, are reflected net of $8.3 million and $8.9 million of unamortized debt issuance costs as of April 28, 2024 and January 28, 2024, respectively.
(2) The 4.00% convertible senior notes due 2028, net, are reflected net of $7.7 million and $8.2 million of unamortized debt issuance costs as of April 28, 2024 and January 28, 2024, respectively.