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Other Current Assets and Other Assets
12 Months Ended
Jan. 26, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets and Other Assets
Other Current Assets and Other Assets
 
Other current assets consisted of the following (dollars in thousands):
 
January 26, 2019
 
January 27, 2018
Prepaid expenses
$
12,758

 
$
13,167

Insurance recoveries/receivables for accrued insurance claims

 
13,701

Receivables on equipment sales
69

 
31

Deposits and other current assets, including restricted cash
16,318

 
12,811

Total other current assets
$
29,145

 
$
39,710



Other assets (long-term) consisted of the following (dollars in thousands):
 
January 26, 2019
 
January 27, 2018
Deferred financing costs
$
9,036

 
$
3,873

Restricted cash
4,253

 
5,253

Insurance recoveries/receivables for accrued insurance claims
13,684

 
6,722

Long-term contract assets
30,399

 
5,486

Long-term accounts receivable, net
24,815

 

Other non-current deposits and assets
7,251

 
6,856

Total other assets
$
89,438

 
$
28,190



Insurance recoveries/receivables represent the amount of accrued insurance claims that are covered by insurance as the amounts exceed the Company’s loss retention. During fiscal 2019, total insurance recoveries/receivables decreased approximately $6.7 million primarily due to the settlement of claims.

Long-term contract assets represent payments made to customers pursuant to long-term agreements and are recognized as a reduction of contract revenues over the period for which the related services are provided to the customers. During fiscal 2019, long-term contract assets increased approximately $24.9 million primarily due to a long-term customer agreement entered into during fiscal 2019.

Long-term accounts receivable, net of allowance for doubtful accounts, represent trade receivables due from Windstream as of January 26, 2019. On February 25, 2019, Windstream filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. As of January 26, 2019, the Company had outstanding receivables and contract assets in aggregate of approximately $45.0 million. Against this amount, the Company has recorded a non-cash charge of $17.2 million reflecting its current evaluation of recoverability of these receivables and contract assets as of January 26, 2019.