Fair Value Measurements (Tables)

3 Months Ended

Apr. 29, 2018

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Financial assets and liabilities measured and recorded at fair value on a recurring basis were presented within the Company's Balance Sheets as follows:



	Fair Value as of April 29, 2018								Fair Value as of January 28, 2018
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)		Total		(Level 1)		(Level 2)		(Level 3)
Financial assets:
Cash equivalents	$	30,000	$	30,000	$	—	$	—	$	—	$	—	$	—	$	—
Derivative financial instruments	64		—		64		—		—		—		—		—
Convertible debt	2,500		—		—		2,500		1,960		—		—		1,960
Total financial assets	$	32,564	$	30,000	$	64	$	2,500	$	1,960	$	—	$	—	$	1,960

Financial liabilities:
AptoVision Earn-out	$	21,000	$	—	$	—	$	21,000	$	21,000	$	—	$	—	$	21,000
Cycleo Earn-out	668		—		—		668		668		—		—		668
Total financial liabilities	$	21,668	$	—	$	—	$	21,668	$	21,668	$	—	$	—	$	21,668

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

A reconciliation of the change in the earn-out liability during the three months ended April 29, 2018 is as follows:



(in thousands)	AptoVision		Cycleo		Total
Balance at January 28, 2018	$	21,000	$	668	$	21,668
Changes in the fair value of contingent earn-out obligations	—		—		—
Current acquisitions	—		—		—
Payments	—		—		—
Balance as of April 29, 2018	$	21,000	$	668	$	21,668