Derivative Financial Instruments (Tables)

12 Months Ended

Feb. 02, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Forward Currency Contracts, Statement of Financial Position

The notional amounts and fair values of forward currency contracts were as follows:

	February 2, 2025						January 28, 2024
	Gross Notional		Assets		Liabilities		Gross Notional		Assets		Liabilities
	(In thousands)
Derivatives designated as net investment hedges:
Forward currency contracts	$	1,969,000	$	74,908	$	—	$	1,242,000	$	—	$	258
Derivatives not designated in a hedging relationship:
Forward currency contracts	2,167,657		1,940		74,638		1,543,351		647		2,614
Net derivatives recognized on consolidated balance sheets:
Forward currency contracts			$	76,848	$	74,638			$	647	$	2,872

Schedule of Pre-tax Gains (Losses) on Derivatives in Accumulated Other Comprehensive Income

The pre-tax gains and losses on foreign currency exchange forward contracts recorded in accumulated other comprehensive income or loss were as follows:

	2024		2023		2022
	(In thousands)
Gains (losses) recognized in net investment hedge gains (losses):
Derivatives designated as net investment hedges	$	125,378	$	15,344	$	12,125

Schedule of Pre-Tax Net Foreign Exchange and Derivative Gains and Losses

The pre-tax net foreign currency exchange and derivative gains and losses recorded in the consolidated statement of operations were as follows:

	2024		2023		2022
	(In thousands)
Gains (losses) recognized in selling, general and administrative expenses:
Foreign exchange gains (losses)	$	127,843	$	(23,232)	$	4,410
Derivatives not designated in a hedging relationship	(118,423)		22,765		(11,945)
Net foreign exchange and derivative gains (losses)	$	9,420	$	(467)	$	(7,535)