DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jan. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair values of derivative financial instruments

The fair values of our derivative financial instruments and their classifications in our consolidated balance sheets as of January 31, 2018 and 2017 were as follows:

		January 31,
(in thousands)	Balance Sheet Classification	2018		2017
Derivative assets:
Foreign currency forward contracts:
Designated as cash flow hedges	Prepaid expenses and other current assets	$	3,682	$	927
Not designated as hedging instruments	Prepaid expenses and other current assets	—		719
Interest rate swap agreement:
Designated as a cash flow hedge	Other assets	—		1,429
Not designated as a hedging instrument	Prepaid expenses and other current assets	1,330		—
	Other assets	1,250		—
Total derivative assets		$	5,012	$	3,075
Derivative liabilities:
Foreign currency forward contracts:
Designated as cash flow hedges	Accrued expenses and other current liabilities	$	—	$	288
Not designated as hedging instruments	Accrued expenses and other current liabilities	1,061		958
	Other liabilities	247		—
Interest rate swap agreement:
Designated as a cash flow hedge	Accrued expenses and other current liabilities	—		408
Total derivative liabilities		$	1,308	$	1,654

Schedule of the effects of derivative financial instruments designated as cash flow hedging instruments

The effects of derivative financial instruments designated as cash flow hedges on accumulated other comprehensive loss (“AOCL”) and on the consolidated statement of operations for the years ended January 31, 2018, 2017, and 2016 were as follows:

	Year Ended January 31,
(in thousands)	2018			2017		2016
Net gains (losses) recognized in Other comprehensive (loss) income:
Foreign currency forward contracts	$	3,312		$	575	$	(1,871	)
Interest rate swap agreement	(341		)	632		—
	$	2,971		$	1,207	$	(1,871	)
Net gains (losses) reclassified from Other comprehensive (loss) income to the consolidated statements of operations:
Foreign currency forward contracts	$	6,813		$	1,257	$	(8,151	)
Interest rate swap agreement	(254		)	—		—
	$	6,559		$	1,257	$	(8,151	)

For information regarding the line item locations of the net gains (losses) on derivative financial instruments reclassified out of AOCL into the consolidated statements of operations, see Note 8, “Stockholders’ Equity”.

Schedule of (losses) gains recognized on derivative financial instruments not designated as hedging instruments

(Losses) gains recognized on derivative financial instruments not designated as hedging instruments in our consolidated statements of operations for the years endedJanuary 31, 2018, 2017, and 2016 were as follows: 

	Classification in Consolidated Statements of Operations	Year Ended January 31,
(in thousands)		2018			2017			2016
Foreign currency forward contracts	Other (expense) income, net	$	(2,546	)	$	(323	)	$	394
Interest rate swap	Other (expense) income, net	2,529			—			—
		$	(17	)	$	(323	)	$	394