Debt (Tables)

6 Months Ended

Jan. 26, 2024

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 dates indicated:

	January 26, 2024		July 28, 2023
Liability component       Principal	$	300,000	$	300,000
Less: Debt issuance costs (1)		4,297		5,171
Net carrying amount	$	295,703	$	294,829

(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				Six Months Ended
	January 26, 2024		January 27, 2023		January 26, 2024		January 27, 2023
Coupon interest	$	474	$	474	$	948	$	948
Amortization of issuance costs		438		431		874		862
Total interest expense	$	912	$	905	$	1,822	$	1,810