Restructuring

12 Months Ended

Jan. 29, 2023

Restructuring and Related Activities [Abstract]

From time to time, the Company takes steps to realign the business to focus on high-growth areas, provide customer value and make the Company more efficient. As a result, the Company has re-aligned resources and infrastructure, which resulted in restructuring charges of $12.0 million in fiscal year 2023. The Company did not have any restructuring charges during fiscal year 2022 and had a restructuring recovery of $0.2 million during fiscal year 2021. Restructuring related liabilities are included in "Accrued liabilities" in the Balance Sheets.

Restructuring activity is summarized as follows:


(in thousands)	One-time employee termination benefits		Other restructuring		Total
Balance at January 26, 2020	$	114	$	124	$	238
Recoveries	(114)		(124)		(238)

Balance at January 31, 2021	—		—		—


Balance at January 30, 2022	—		—		—
Charges	11,320		655		11,975
Assumed restructuring liability in Sierra Wireless Acquisition	586		—		586
Cash payments	(7,879)		(643)		(8,522)
Balance at January 29, 2023	$	4,027	$	12	$	4,039

Restructuring charges (recoveries) were included in the Statements of Income as follows:


	Fiscal Year Ended
(in thousands)	January 29, 2023		January 30, 2022		January 31, 2021
Cost of sales	$	417	$	—	$	—
Selling, general and administrative	11,055		—		(238)
Product development and engineering	503		—		—
Total restructuring charges (recoveries)	$	11,975	$	—	$	(238)