Fair Value Measurement (Tables)

9 Months Ended

Oct. 27, 2024

Fair Value Disclosures [Abstract]

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

As of October 27, 2024 and January 28, 2024, the Company held certain assets and liabilities that are required to be measured at fair value on a recurring basis:


						October 27, 2024						Level 1						Level 2						Level 3						Balance Sheet Classification
						(In thousands)
Money market funds						$	37,510					$	37,510					$	—					$	—					Cash and cash equivalents

Term deposits						8						—						8						—						Cash and cash equivalents
Forward currency contract assets						36,076						—						36,076						—						Prepaid expenses and other current assets
Forward currency contract liabilities						33,768						—						33,768						—						Other current liabilities


						January 28, 2024						Level 1						Level 2						Level 3						Balance Sheet Classification
						(In thousands)
Money market funds						$	1,102,119					$	1,102,119					$	—					$	—					Cash and cash equivalents

Term deposits						8						—						8						—						Cash and cash equivalents
Forward currency contract assets						647						—						647						—						Prepaid expenses and other current assets
Forward currency contract liabilities						2,872						—						2,872						—						Other current liabilities