Cash, Cash Equivalents and Marketable Securities

12 Months Ended

Feb. 03, 2024

Cash And Cash Equivalents [Abstract]

Cash, Cash Equivalents and Marketable Securities

4. Cash, Cash Equivalents and Marketable Securities

The following tables summarize the estimated fair value of our cash, cash equivalents and marketable securities and the gross unrealized holding gains and losses (in thousands):

	February 3, 2024
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Estimated Fair Value
Cash and cash equivalents:
Cash	$	38,188	$	—	$	—		$	38,188
Money market funds		11,322		—		—			11,322
Corporate debt securities		39,374		—		(9	)		39,365
Total cash and cash equivalents		88,884		—		(9	)		88,875
Marketable securities:
U.S. treasury and government agency securities		17,610		—		(2,834	)		14,776
Corporate debt securities		41,218		1		(948	)		40,271
Certificates of deposit		16,607		—		—			16,607
State and local government securities		6,525		—		(105	)		6,420
Variable-rate demand notes		4,630		—		—			4,630
Total marketable securities	$	86,590	$	1	$	(3,887	)	$	82,704

	January 28, 2023
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Estimated Fair Value
Cash and cash equivalents:
Cash	$	30,587	$	—	$	—		$	30,587
Money market funds		22,121		—		—			22,121
Corporate debt securities		28,802		—		(7	)		28,795
Total cash and cash equivalents		81,510		—		(7	)		81,503
Marketable securities:
U.S. treasury and government agency securities		20,973		—		(2,891	)		18,082
Corporate debt securities		60,832		—		(2,848	)		57,984
State and local government securities		16,490		—		(570	)		15,920
Total marketable securities	$	98,295	$	—	$	(6,309	)	$	91,986

All of our available-for-sale debt securities have an effective maturity date of five years or less and may be liquidated, at our discretion, prior to maturity.

The following tables summarize the gross unrealized holding losses and fair value for investments in an unrealized loss position, and the length of time that individual securities have been in a continuous loss position (in thousands):

	February 3, 2024
	Less Than Twelve Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Cash and cash equivalents:
Corporate debt securities	$	29,093	$	(9	)	$	—	$	—		$	29,093	$	(9	)
Total cash and cash equivalents	$	29,093	$	(9	)	$	—	$	—		$	29,093	$	(9	)
Marketable securities:
U.S. treasury and government agency securities	$	—	$	—		$	14,777	$	(2,834	)	$	14,777	$	(2,834	)
Corporate debt securities		-		-			37,878		(948	)		37,878		(948	)
State and local government securities		-		-			6,420		(105	)		6,420		(105	)
Total marketable securities	$	—	$	—		$	59,075	$	(3,887	)	$	59,075	$	(3,887	)

	January 28, 2023
	Less Than Twelve Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Cash and cash equivalents:
Corporate debt securities	$	27,099	$	(7	)	$	—	$	—		$	27,099	$	(7	)
Total cash and cash equivalents	$	27,099	$	(7	)	$	—	$	—		$	27,099	$	(7	)
Marketable securities:
U.S. treasury and government agency securities	$	3,682	$	(229	)	$	14,399	$	(2,662	)	$	18,081	$	(2,891	)
Corporate debt securities		12,044		(604	)		45,940		(2,244	)		57,984		(2,848	)
State and local government securities		2,434		(50	)		13,487		(520	)		15,921		(570	)
Total marketable securities	$	18,160	$	(883	)	$	73,826	$	(5,426	)	$	91,986	$	(6,309	)

We did not record a realized loss for other-than-temporary impairments during the fiscal years ended February 3, 2024, January 28, 2023 and January 29, 2022.