Fair Value Measurements (Tables)

12 Months Ended

Jan. 28, 2018

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 28, 2018								Fair Value as of January 29, 2017
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)		Total		(Level 1)		(Level 2)		(Level 3)
Financial assets:
Cash equivalents	$	—	$	—	$	—	$	—	$	16,945	$	16,945	$	—	$	—
Convertible debt	1,960		—		—		1,960		1,425		—		—		1,425
Derivative financial instruments	—		—		—		—		326		—		326		—
Total financial assets	$	1,960	$	—	$	—	$	1,960	$	18,696	$	16,945	$	326	$	1,425

Financial liabilities:
AptoVision Earn-out	$	21,000	$	—	$	—	$	21,000	$	—	$	—	$	—	$	—
Cycleo Earn-out	668		—		—		668		1,242		—		—		1,242
Total financial liabilities	$	21,668	$	—	$	—	$	21,668	$	1,242	$	—	$	—	$	1,242

Reconciliation of the change in the earn-out liability

A reconciliation of the change in the earn-out liability during the fiscal year ended January 28, 2018 is as follows:



(in thousands)	AptoVision		Cycleo			Total
Balance at January 29, 2017	$	—	$	1,242		$	1,242
Current acquisitions	17,000		—			17,000
Changes in fair value of contingent earn-out obligations	4,000		(108		)	3,892
Payments	—		(466		)	(466		)
Balance as of January 28, 2018	$	21,000	$	668		$	21,668