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Subsequent Events
6 Months Ended
Aug. 02, 2024
Subsequent Events [Abstract]  
Subsequent Events
Note 13—Subsequent Events
Sale of Equity Method Investment
On August 30, 2024, Morpheus Data, one of the Company’s unconsolidated venture investments, completed a transaction to sell all its outstanding equity to Hewlett Packard Enterprise (NYSE: HPE). The carrying value of the Company’s investment was $5 million as of August 2, 2024 and is recorded within "Other assets" on the condensed consolidated balance sheets. The transaction is not expected to result in a loss for the Company.
Quarterly Dividend Declared
On August 29, 2024, the Company's Board of Directors declared a quarterly dividend of $0.37 per share of the Company's common stock payable on October 25, 2024 to stockholders of record on October 11, 2024.