| Summary of Estimated Fair Value of 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 2, 2019 |
|
|
|
|
Amortized
Cost |
|
|
Gross
Unrealized
Holding
Gains |
|
|
Gross
Unrealized
Holding
Losses |
|
|
Estimated
Fair Value |
|
|
Cash and cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
26,336 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
26,336 |
|
|
Money market funds |
|
|
3,689 |
|
|
|
— |
|
|
|
— |
|
|
|
3,689 |
|
|
Corporate debt securities |
|
|
22,397 |
|
|
|
— |
|
|
|
— |
|
|
|
22,397 |
|
|
Total cash and cash equivalents |
|
|
52,422 |
|
|
|
— |
|
|
|
— |
|
|
|
52,422 |
|
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. treasury and government agency securities |
|
|
4,326 |
|
|
|
2 |
|
|
|
— |
|
|
|
4,328 |
|
|
Corporate debt securities |
|
|
55,122 |
|
|
|
98 |
|
|
|
(8 |
) |
|
|
55,212 |
|
|
State and local government securities |
|
|
51,462 |
|
|
|
13 |
|
|
|
(43 |
) |
|
|
51,432 |
|
|
Variable-rate demand notes |
|
|
1,940 |
|
|
|
— |
|
|
|
— |
|
|
|
1,940 |
|
|
Total marketable securities |
|
$ |
112,850 |
|
|
$ |
113 |
|
|
$ |
(51 |
) |
|
$ |
112,912 |
|
|
|
|
February 3, 2018 |
|
|
|
|
Amortized
Cost |
|
|
Gross
Unrealized
Holding
Gains |
|
|
Gross
Unrealized
Holding
Losses |
|
|
Estimated
Fair Value |
|
|
Cash and cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
21,911 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
21,911 |
|
|
Money market funds |
|
|
2,130 |
|
|
|
— |
|
|
|
— |
|
|
|
2,130 |
|
|
Total cash and cash equivalents |
|
|
24,041 |
|
|
|
— |
|
|
|
— |
|
|
|
24,041 |
|
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
State and local government securities |
|
|
68,620 |
|
|
|
9 |
|
|
|
(130 |
) |
|
|
68,499 |
|
|
Variable-rate demand notes |
|
|
29,365 |
|
|
|
— |
|
|
|
— |
|
|
|
29,365 |
|
|
Total marketable securities |
|
$ |
97,985 |
|
|
$ |
9 |
|
|
$ |
(130 |
) |
|
$ |
97,864 |
|
|
| Summary of Gross Unrealized Holding Losses and Fair Value for Investments in an Unrealized Loss Position |
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 2, 2019 |
|
|
|
|
Less Than Twelve Months |
|
|
12 Months or Greater |
|
|
Total |
|
|
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate debt securities |
|
$ |
14,523 |
|
|
$ |
(8 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
14,523 |
|
|
$ |
(8 |
) |
|
State and local government securities |
|
|
26,986 |
|
|
|
(20 |
) |
|
|
9,548 |
|
|
|
(23 |
) |
|
|
36,534 |
|
|
|
(43 |
) |
|
Total marketable securities |
|
$ |
41,509 |
|
|
$ |
(28 |
) |
|
$ |
9,548 |
|
|
$ |
(23 |
) |
|
$ |
51,057 |
|
|
$ |
(51 |
) |
|
|
|
February 3, 2018 |
|
|
|
|
Less Than Twelve Months |
|
|
12 Months or Greater |
|
|
Total |
|
|
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
State and local government securities |
|
$ |
53,655 |
|
|
$ |
(129 |
) |
|
$ |
610 |
|
|
$ |
(1 |
) |
|
$ |
54,265 |
|
|
$ |
(130 |
) |
|
Total marketable securities |
|
$ |
53,655 |
|
|
$ |
(129 |
) |
|
$ |
610 |
|
|
$ |
(1 |
) |
|
$ |
54,265 |
|
|
$ |
(130 |
) |
|