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Other Current Assets and Other Assets
6 Months Ended
Jul. 30, 2022
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 30, 2022January 29, 2022
Prepaid expenses$25,960 $14,640 
Deposits and other current assets16,515 14,083 
Insurance recoveries/receivables for accrued insurance claims69 756 
Restricted cash1,372 1,372 
Receivables on equipment sales380 25 
Other current assets$44,296 $30,876 

Other assets consisted of the following (dollars in thousands):
July 30, 2022January 29, 2022
Long-term contract assets$10,991 $14,056 
Deferred financing costs4,221 4,834 
Restricted cash432 432 
Insurance recoveries/receivables for accrued insurance claims3,405 3,687 
Other non-current deposits and assets9,420 8,909 
Other assets$28,469 $31,918 

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.