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Available-for-sale securities

3 Months Ended

Apr. 28, 2024

The following table summarizes the values of the Company’s available-for-sale securities:


	April 28, 2024						January 28, 2024
(in thousands)	Fair Value		Amortized Cost		Gross Unrealized Loss		Fair Value		Amortized Cost		Gross Unrealized Loss
Convertible debt investments	$	12,092	$	14,101	$	(2,009)	$	12,117	$	14,454	$	(2,337)
Total available-for-sale securities	$	12,092	$	14,101	$	(2,009)	$	12,117	$	14,454	$	(2,337)

The following table summarizes the maturities of the Company’s available-for-sale securities:


	April 28, 2024
(in thousands)	Fair Value		Amortized Cost
Within 1 year	$	12,092	$	14,101
After 1 year through 5 years	—		—
Total available-for-sale securities	$	12,092	$	14,101

The Company's available-for-sale securities consist of investments in convertible debt instruments issued by privately-held companies and are recorded at fair value. See Note 6, Fair Value Measurements, for further discussion of the valuation of the available-for-sale securities. The available-for-sale securities with maturities within one year are included in "Other current assets" and with maturities greater than one year are included in "Other assets" in the Balance Sheets. Unrealized gains or losses, net of tax, are recorded in "Accumulated other comprehensive income (loss), net" in the Balance Sheets, and realized gains or losses, as well as current expected credit loss reserves were recorded in "Non-operating income, net" in the Statements of Operations.