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DERIVATIVE INSTRUMENTS (Location and Amounts of Derivative Fair Values - Statements of Operations and Comprehensive Income) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 29, 2022
Jan. 30, 2021
Feb. 01, 2020
Derivative Instruments, Gain (Loss) [Line Items]      
Foreign Currency Cash Flow Hedge Asset at Fair Value $ 4,973 $ 79  
Gain/(Loss) 1,205 742 $ (298)
Amount of (Loss) Gain Recognized in OCI on Derivative Contracts (Effective Portion) [1] 11,987 7,619 7,495
Amount of (Loss) Gain Reclassified from AOCL into Earnings (Effective Portion) [2] 1,263 13,235 $ 9,160
Foreign Currency Cash Flow Hedge Liability at Fair Value 0 4,694  
Derivative Instruments Not Designated as Hedging Instruments, Gain 12,600    
Fair Value, Recurring [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Asset [3] 4,973 79  
Derivative Liability [3]   4,694  
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Asset [3] $ 4,973 79  
Derivative Liability [3]   $ 4,694  
[1] Amount represents the change in fair value of derivative instruments. As a result of COVID-19 in Fiscal 2020, there was a significant change in the expected timing of previously hedged intercompany sales transactions, resulting in a dedesignation of the related hedge instruments. At the time of dedesignation of these hedges, they were in a net gain position of approximately $12.6 million. Due to the extenuating circumstances leading to dedesignation, gains associated with these hedges at the time of dedesignation were deferred in AOCL until being reclassified into cost of goods sold, exclusive of depreciation and amortization when the originally forecasted transactions occurred and the hedged items affected earnings. During Fiscal 2020 and subsequent to the dedesignation of these hedges, these hedge contracts were settled.
[2] Amount represents gain reclassified from AOCL to cost of sales, exclusive of depreciation and amortization, on the Consolidated Statements of Operations and Comprehensive Income (Loss) when the hedged item affected earnings, which was when merchandise was converted to cost of sales, exclusive of depreciation and amortization.
[3] Level 2 assets and liabilities consisted primarily of foreign currency exchange forward contracts.