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Other Income, Net
12 Months Ended
Jan. 27, 2024
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
The components of other income, net, were as follows (dollars in thousands):
Fiscal Year Ended
January 27, 2024January 28, 2023January 29, 2022
Gain on sale of fixed assets$28,348 $16,759 $4,203 
Miscellaneous (expense) income, net(6,739)(6,558)243 
Other income, net$21,609 $10,201 $4,446 

We participate in a vendor payment program sponsored by one of our customers. Eligible accounts receivable from this customer are included in the program and payment is received pursuant to a non-recourse sale to a bank partner. This program effectively reduces the time to collect these receivables as compared to that customer’s standard payment terms. We incur a discount fee to the bank on the payments received that is included as an expense component in miscellaneous income (expense), net in the table above.