Debt (Tables)

3 Months Ended

Oct. 28, 2022

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 periods indicated:

	October 28, 2022		July 29, 2022
Liability component       Principal	$	300,000	$	300,000
Less: Debt issuance costs (1)		6,470		6,901
Net carrying amount	$	293,530	$	293,099

(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 1.23%. The following is a summary of interest expense for the Notes for specified periods:

	Quarter Ended October 28, 2022		Quarter Ended October 29, 2021
Coupon interest	$	474	$	474
Amortization of issuance costs		431		479
Total interest expense	$	905	$	953