Fair Value Measurement (Tables)

9 Months Ended

Oct. 29, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

As of October 29, 2023 and January 29, 2023, the Company held certain assets and liabilities that are required to be measured at fair value on a recurring basis:


						October 29, 2023						Level 1						Level 2						Level 3						Balance Sheet Classification
						(In thousands)
Money market funds						$	316,770					$	316,770					$	—					$	—					Cash and cash equivalents

Term deposits						47						—						47						—						Cash and cash equivalents
Forward currency contract assets						15,854						—						15,854						—						Prepaid expenses and other current assets
Forward currency contract liabilities						11,497						—						11,497						—						Other current liabilities


						January 29, 2023						Level 1						Level 2						Level 3						Balance Sheet Classification
						(In thousands)
Money market funds						$	568,000					$	568,000					$	—					$	—					Cash and cash equivalents

Term deposits						8						—						8						—						Cash and cash equivalents
Forward currency contract assets						16,707						—						16,707						—						Prepaid expenses and other current assets
Forward currency contract liabilities						25,625						—						25,625						—						Other current liabilities