Acquisition (Tables)

6 Months Ended

Jul. 30, 2023

Business Combination and Asset Acquisition [Abstract]

Business Acquisition, Pro Forma Information

The following table provides a summary of the pro forma unaudited consolidated results of operations as if the Sierra Wireless Acquisition had been completed on February 1, 2021 (the first day of fiscal year 2022):

	Three Months Ended		Six Months Ended
	July 31, 2022		July 31, 2022
(in thousands)	(unaudited)		(unaudited)
Total revenues	$	397,205	$	772,311
Net loss	$	38,444	39,404

Schedule of Business Acquisitions, by Acquisition

The following table presents the preliminary estimated fair values of assets and liabilities assumed on the Acquisition Date based on valuations and management's estimates:

(in thousands)	Amounts recognized as of Acquisition Date (as initially reported)		Measurement period adjustment		Amounts recognized as of Acquisition Date (as adjusted)
Total purchase price consideration, net of cash acquired $68,794	$	1,240,757			$	1,240,757
Assets:					—
Accounts receivable, net	92,633		—		92,633
Inventories	96,339		(1,899)		94,440
Other current assets	72,724		5,003		77,727
Property, plant and equipment	29,086		(2,628)		26,458
Intangible assets	214,780		—		214,780
Prepaid taxes	3,001		—		3,001
Deferred tax assets	22,595		677		23,272
Other assets	14,878		—		14,878
Liabilities:					—
Accounts payable	50,413		210		50,623
Accrued liabilities	148,654		24,644		173,298
Deferred tax liabilities	4,824		64		4,888
Other long-term liabilities	32,785		(2,106)		30,679
Net assets acquired, excluding goodwill	$	309,360	$	(21,659)	$	287,701
Goodwill	$	931,397	$	21,659	$	953,056