FAIR VALUE MEASUREMENT (Tables)

6 Months Ended

Aug. 02, 2020

Fair Value Disclosures [Abstract]

Fair Value, Assets and Liabilities Measured on Recurring Basis

As of August 2, 2020 and February 2, 2020, the Company held certain assets and liabilities that are required to be measured at fair value on a recurring basis:

	August 2, 2020		Level 1		Level 2		Level 3		Balance Sheet Classification
	(In thousands)
Money market funds	$	179,151	$	179,151	$	—	$	—	Cash and cash equivalents
Term deposits	70,136		—		70,136		—		Cash and cash equivalents
Forward currency contract assets	6,513		—		6,513		—		Prepaid expenses and other current assets
Forward currency contract liabilities	6,559		—		6,559		—		Other current liabilities

	February 2, 2020		Level 1		Level 2		Level 3		Balance Sheet Classification
	(In thousands)
Money market funds	$	610,800	$	610,800	$	—	$	—	Cash and cash equivalents
Term deposits	203,360		—		203,360		—		Cash and cash equivalents
Forward currency contract assets	1,735		—		1,735		—		Prepaid expenses and other current assets
Forward currency contract liabilities	1,920		—		1,920		—		Other current liabilities