Other Current Assets and Other Assets

9 Months Ended

Oct. 24, 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):

	October 24, 2020		January 25, 2020
Prepaid expenses	$	22,745	$	12,769
Deposits and other current assets	14,255		17,447
Restricted cash	1,372		1,556
Receivables on equipment sales	90		219
Other current assets	$	38,462	$	31,991

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

	October 24, 2020		January 25, 2020
Long-term contract assets	$	18,640	$	22,653
Deferred financing costs	5,734		7,133
Restricted cash	3,731		3,753
Insurance recoveries/receivables for accrued insurance claims	12,506		4,864
Other non-current deposits and assets	7,767		9,035
Other assets	$	48,378	$	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.