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Other Current Assets and Other Assets
3 Months Ended
Apr. 29, 2023
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):
April 29, 2023January 28, 2023
Prepaid expenses$31,245 $17,357 
Deposits and other current assets20,447 19,642 
Insurance recoveries/receivables for accrued insurance claims794 — 
Restricted cash1,372 1,372 
Receivables on equipment sales589 277 
Other current assets$54,447 $38,648 

Other assets consisted of the following (dollars in thousands):
April 29, 2023January 28, 2023
Long-term contract assets$6,801 $8,333 
Deferred financing costs3,382 3,685 
Restricted cash432 432 
Insurance recoveries/receivables for accrued insurance claims4,859 4,957 
Other non-current deposits and assets9,705 8,964 
Other assets$25,179 $26,371 

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.