Available-for-sale securities

3 Months Ended

Apr. 27, 2025

Investments [Abstract]

Available-for-sale securities

Available-for-sale securities

The following table summarizes the values of the Company's available-for-sale securities:

	April 27, 2025						January 26, 2025
(in thousands)	Fair Value		Amortized Cost		Gross Unrealized Loss		Fair Value		Amortized Cost		Gross Unrealized Loss
Convertible debt investments	$	12,715	$	14,725	$	(2,010)	$	12,715	$	14,725	$	(2,010)
Total available-for-sale securities	$	12,715	$	14,725	$	(2,010)	$	12,715	$	14,725	$	(2,010)

The following table summarizes the maturities of the Company's available-for-sale securities:

	April 27, 2025
(in thousands)	Fair Value		Amortized Cost
Within 1 year	$	12,715	$	14,725
After 1 year through 5 years	—		—
Total available-for-sale securities	$	12,715	$	14,725

The Company's available-for-sale securities consist of investments in convertible debt instruments issued by privately-held companies and are recorded at fair value. See Note 5, Fair Value Measurements, for further discussion of the valuation of the available-for-sale securities. The available-for-sale securities with maturities within one year are included in "Other current assets". Unrealized gains or losses, net of tax, are recorded in "Accumulated other comprehensive loss, net" in the Balance Sheets, and realized gains or losses, as well as current expected credit loss reserves were recorded in "Non-operating expense, net" in the Statements of Operations.