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Fair Value Measurements (Tables)
12 Months Ended
Jan. 28, 2023
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
The following tables present the fair value hierarchy for the Company’s assets measured at fair value on a recurring basis as of the periods presented (in thousands):
As of January 28, 2023
Level 1Level 2Level 3Total
Cash equivalents and restricted cash:
Cash equivalents
Money market funds$120,751 $— $— $120,751 
Commercial paper— 36,337 — 36,337 
U.S. government and agency securities— 12,973 — 12,973 
Restricted cash—letters of credit23,096 — — 23,096 
Total cash equivalents and restricted cash$143,847 $49,310 $— $193,157 
Marketable debt securities:
Commercial paper
$— $182,869 $— $182,869 
Corporate notes and bonds
— 190,553 — 190,553 
U.S. government and agency securities
— 228,871 — 228,871 
Total marketable debt securities$— $602,293 $— $602,293 
As of January 29, 2022
Level 1Level 2Level 3Total
Cash equivalents—money market funds$866,364 $— $— $866,364 
Restricted cash—letters of credit23,092 — — 23,092 
Total cash equivalents and restricted cash$889,456 $— $— $889,456