v3.24.1
Restructuring (Tables)
 12 Months Ended
Jan. 28, 2024
Restructuring and Related Activities [Abstract]  
Schedule of restructuring reserve activity
Restructuring activity is summarized as follows:
(in thousands)One-time employee termination benefitsOther restructuringTotal
Balance at January 31, 2021$— $— $— 
Balance at January 30, 2022— — — 
Charges11,320 655 11,975 
Assumed restructuring liability in Sierra Wireless Acquisition586 — 586 
Cash payments and non-cash releases(7,879)(643)(8,522)
Balance at January 29, 20234,027 12 4,039 
Charges (1)
17,793 6,841 24,634 
Cash payments and non-cash releases(16,021)(6,375)(22,396)
Balance at January 28, 2024$5,799 $478 $6,277 
(1) Restructuring charges include $6.0 million during fiscal year 2024 related to the reduction in workforce plan that commenced during the second quarter of fiscal year 2024 and was completed during the second half of fiscal year 2024.
Restructuring charges were included in the Statements of Operations as follows:
Fiscal Year Ended
(in thousands)January 28, 2024January 29, 2023January 30, 2022
Cost of sales$859 $417 $— 
Restructuring23,775 11,558 — 
Total restructuring charges (1)
$24,634 $11,975 $— 
(1) Restructuring charges include $6.0 million during fiscal year 2024 related to the reduction in workforce plan that commenced during the second quarter of fiscal year 2024 and was completed during the second half of fiscal year 2024.