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Subsequent Events
9 Months Ended
Oct. 29, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Dividends
On November 22, 2022, the Company announced a regular quarterly cash dividend of $0.225 per share on the Company’s common stock. The cash dividend will be paid on December 23, 2022 to shareholders of record as of the close of business on December 7, 2022. As a result of this dividend declaration and in accordance
with the terms of the indenture governing the Notes, the Company will adjust the conversion rate (which is expected to increase) and the conversion price (which is expected to decrease) of the Notes effective as of December 6, 2022. A corresponding adjustment is expected to be made to the strike prices with respect to the convertible note hedges and the warrants entered into by the Company in connection with the offering of the Notes, each of which will be decreased in accordance with the terms of the convertible note hedge confirmations and warrant confirmations, respectively.