Inventories

6 Months Ended

Jul. 30, 2023

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories, consisting of material, material overhead, labor, and manufacturing overhead, are stated at the lower of cost (first-in, first-out) or net realizable value and consisted of the following:

(in thousands)	July 30, 2023		January 29, 2023
Raw materials and electronic components	$	63,536	$	76,919
Work in progress	78,642		88,764
Finished goods	38,053		42,021
Total inventories	$	180,231	$	207,704

In the six months ended July 30, 2023, the Company recorded $3.3 million of amortization of inventory step-up related to the Sierra Wireless Acquisition in Cost of Sales in the Statements of Operations.