Other Current Assets and Other Assets

6 Months Ended

Jul. 27, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other current assets consisted of the following (dollars in thousands):



	July 27, 2019		January 26, 2019
Prepaid expenses	$	16,704	$	12,758
Deposits and other current assets	12,860		14,762
Insurance recoveries/receivables for accrued insurance claims	16		—
Restricted cash	1,556		1,556
Receivables on equipment sales	835		69
Total other current assets	$	31,971	$	29,145

Other assets consisted of the following (dollars in thousands):



	July 27, 2019		January 26, 2019
Long-term contract assets	$	26,173	$	30,399
Deferred financing costs	8,044		9,036
Restricted cash	3,753		4,253
Insurance recoveries/receivables for accrued insurance claims	5,000		13,684
Long-term accounts receivable, net	—		24,815
Other non-current deposits and assets	9,619		7,251
Total other assets	$	52,589	$	89,438

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 the six months ended July 27, 2019, total insurance recoveries/receivables decreased approximately $8.7 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.

Long-term accounts receivable, net of allowance for doubtful accounts, represent trade receivables due from Windstream Holdings, Inc. as of January 26, 2019. During the six months ended July 27, 2019 the Company collected a substantial portion of these accounts receivable.