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Other Current Assets and Other Assets
6 Months Ended
Jul. 25, 2020
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):
July 25, 2020January 25, 2020
Prepaid expenses$25,235 $12,769 
Deposits and other current assets23,092 17,447 
Restricted cash1,372 1,556 
Receivables on equipment sales141 219 
Other current assets$49,840 $31,991 

Other assets consisted of the following (dollars in thousands):
July 25, 2020January 25, 2020
Long-term contract assets$19,910 $22,653 
Deferred financing costs6,153 7,133 
Restricted cash3,753 3,753 
Insurance recoveries/receivables for accrued insurance claims12,634 4,864 
Other non-current deposits and assets8,047 9,035 
Other assets$50,497 $47,438 

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.

See Note 10, Accrued Insurance Claims, for information on our Insurance recoveries/receivables.