v3.23.2
Restructuring (Tables)
 6 Months Ended
Jul. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
Restructuring activity is summarized as follows:
(in thousands)One-time employee termination benefitsOther restructuringTotal
Balance at January 29, 2023$4,027 $12 $4,039 
Charges (1)
10,065 1,756 11,821 
Cash payments(5,744)(1,287)(7,031)
Balance at July 30, 2023$8,348 $481 $8,829 
(1) Restructuring charges include $5.8 million during the six months ended July 30, 2023 related to the reduction in workforce plan that commenced during the second quarter of fiscal year 2024.
Restructuring charges were included in the Statements of Operations as follows:
Three Months EndedSix Months Ended
(in thousands)July 30, 2023July 31, 2022July 30, 2023July 31, 2022
Cost of sales$362 $— $859 $— 
Selling, general and administrative5,445 — 5,782 — 
Product development and engineering3,954 — 5,180 — 
Total restructuring charges (1)
$9,761 $— $11,821 $— 
(1) Restructuring charges include $5.8 million during each of the three and six months ended July 30, 2023 related to the reduction in workforce plan that commenced during the second quarter of fiscal year 2024.