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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
9 Months Ended
Oct. 27, 2024
Oct. 29, 2023
Cash flows from operating activities:    
Net loss $ (201,040,000) $ (449,672,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 33,211,000 69,104,000
Amortization of right-of-use assets 4,542,000 4,954,000
Investment impairments and credit loss reserves, net 1,109,000 2,250,000
Goodwill impairment 0 281,821,000
Accretion of deferred financing costs 6,814,000 4,940,000
Write-off of deferred financing costs 5,497,000 4,446,000
Loss on extinguishment of debt 143,467,000 0
Deferred income taxes (944,000) 56,355,000
Share-based compensation 50,777,000 28,341,000
Loss (gain) on disposition of business operations and assets 124,000 (259,000)
Equity method (income) loss (38,000) 30,000
Gain from sale of investments (277,000) 0
Corporate-owned life insurance, net 2,722,000 2,797,000
Amortization of inventory step-up 0 3,314,000
Changes in assets and liabilities:    
Accounts receivable, net (8,142,000) 5,016,000
Inventories (18,446,000) 41,631,000
Other assets 597,000 (13,203,000)
Accounts payable 18,911,000 (33,768,000)
Accrued liabilities (8,813,000) (109,127,000)
Other liabilities (5,580,000) (6,809,000)
Net cash provided by (used in) operating activities 24,491,000 (107,839,000)
Cash flows from investing activities:    
Proceeds from sales of property, plant and equipment 73,000 408,000
Purchase of property, plant and equipment (5,228,000) (27,473,000)
Proceeds from sale of investments 2,650,000 0
Purchase of investments (434,000) (930,000)
Purchase of intangibles (5,948,000) (771,000)
Proceeds from corporate-owned life insurance 4,802,000 2,500,000
Net cash used in investing activities (4,085,000) (26,266,000)
Cash flows from financing activities:    
Proceeds from revolving line of credit 0 70,000,000
Payments of revolving line of credit (5,000,000) 0
Payments of term loans 0 (272,375,000)
Proceeds from convertible senior notes 0 250,000,000
Deferred financing costs (824,000) (17,812,000)
Payments for employee share-based compensation payroll taxes (7,297,000) (5,476,000)
Proceeds from exercise of stock options 1,248,000 0
Distributions to noncontrolling interest (184,000) 0
Net cash (used in) provided by financing activities (12,057,000) 24,337,000
Effect of foreign exchange rate changes on cash and cash equivalents (430,000) (1,922,000)
Net increase (decrease) in cash and cash equivalents 7,919,000 (111,690,000)
Cash and cash equivalents at beginning of period 128,585,000 235,510,000
Cash and cash equivalents at end of period 136,504,000 123,820,000
Supplemental disclosure of cash flow information:    
Interest paid 60,563,000 63,525,000
Income taxes paid 6,881,000 19,655,000
Non-cash investing and financing activities:    
Accounts payable related to capital expenditures 511,000 281,000
Accrued deferred financing costs 0 8,418,000
Accrued purchases of intangibles 2,950,000 0
Debt extinguished in exchange for common stock 188,050,000 0
Conversion of notes into equity $ 0 $ 1,271,000