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Other Current Assets and Other Assets
6 Months Ended
Jul. 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):
July 29, 2023January 28, 2023
Prepaid expenses$27,584 $17,357 
Deposits and other current assets22,337 19,642 
Insurance recoveries/receivables for accrued insurance claims— 
Restricted cash1,372 1,372 
Receivables on equipment sales982 277 
Other current assets$52,282 $38,648 
Other assets consisted of the following (dollars in thousands):
July 29, 2023January 28, 2023
Long-term contract assets$5,268 $8,333 
Deferred financing costs3,079 3,685 
Restricted cash432 432 
Insurance recoveries/receivables for accrued insurance claims4,803 4,957 
Other non-current deposits and assets8,617 8,964 
Other assets$22,199 $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.