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Convertible Senior Notes (Tables)
9 Months Ended
Oct. 30, 2021
Convertible senior notes due 2024  
Carrying Values of Notes Excluding the Discounts upon Original Issuance and Third Party Offering Costs

The carrying value of the 2024 Notes, excluding the discounts upon original issuance and third party offering costs, is as follows (in thousands):

    

OCTOBER 30,

    

JANUARY 30,

2021

2021 

Liability component

 

  

 

  

Principal

$

282,768

$

350,000

Less: Debt discount

 

(42,836)

 

(65,818)

Net carrying amount (1)

$

239,932

$

284,182

Equity component (2)

$

81,643

$

87,252

(1)Includes $56.7 million classified within total current liabilities on the condensed consolidated balance sheets as of October 30, 2021 for the early conversion of $56.7 million in principal amount of 2024 Notes to be settled in the fourth quarter of fiscal 2021.
(2)Includes $8.6 million in mezzanine equity and the remaining amount in additional paid-in capital on the condensed consolidated balance sheets as of October 30, 2021. As of January 30, 2021, the full amount is included in additional paid-in capital on the condensed consolidated balance sheets.
Convertible senior notes due 2023  
Carrying Values of Notes Excluding the Discounts upon Original Issuance and Third Party Offering Costs

The carrying values of the 2023 Notes, excluding the discounts upon original issuance and third party offering costs, are as follows (in thousands):

    

OCTOBER 30,

    

JANUARY 30,

2021

2021 

Liability component

 

  

 

  

Principal

$

128,030

$

335,000

Less: Debt discount

 

(11,912)

 

(47,064)

Net carrying amount (1)

$

116,118

$

287,936

Equity component (2)

$

82,834

$

90,990

(1)Includes $53.5 million classified within total current liabilities on the condensed consolidated balance sheets as of October 30, 2021 for the early conversion of $53.5 million in principal amount of 2023 Notes to be settled in the fourth quarter of fiscal 2021.
(2)Includes $5.0 million in mezzanine equity and the remaining amount in additional paid-in capital on the condensed consolidated balance sheets as of October 30, 2021. As of January 30, 2021, the full amount is included in additional paid-in capital on the condensed consolidated balance sheets.