Debt (Tables)

3 Months Ended

Oct. 29, 2021

Debt [Abstract]

Outstanding Principal Amount and Carrying Value of the Notes

The following table includes the outstanding principal amount and carrying value of the Notes as of the period indicated:

	October 29, 2021
Liability component       Principal	$	300,000
Less: Debt issuance costs (1)		8,300
Net carrying amount	$	291,700

(1) Debt issuance costs are amortized to interest expense using the effective interest method over the expected life of the Notes.

Summary of Interest Expense

The effective rate of the Notes over their expected life is 1.24%. The following is a summary of interest expense for the Notes for the quarter ended October 29, 2021:

	Quarter Ended October 29, 2021
Coupon interest	$	474
Amortization of issuance costs		479
Total interest expense	$	953