Risk Management and Derivatives (Tables)

3 Months Ended

Apr. 29, 2017

General Discussion of Derivative Instruments and Hedging Activities [Abstract]

Schedule of Contract Notional Amount of All Purchase and Sale Contracts of a Foreign Currency

As of April 29, 2017, April 30, 2016 and January 28, 2017, the Company had forward contracts maturing at various dates through May 2018, April 2017 and February 2018, respectively. The contract amounts in the following table represent the net notional amount of all purchase and sale contracts of a foreign currency. 

(U.S. $ equivalent in thousands)	April 29, 2017		April 30, 2016		January 28, 2017
Financial Instruments
U.S. dollars (purchased by the Company’s Canadian division with Canadian dollars)	$	20,813	$	15,767	$	18,826
Euro	16,446		15,182		13,297
Chinese yuan	4,476		14,066		7,723
Japanese yen	416		1,152		769
United Arab Emirates dirham	528		900		823
New Taiwanese dollars	545		514		526
Other currencies	66		170		124
Total financial instruments	$	43,290	$	47,751	$	42,088

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

The classification and fair values of derivative instruments designated as hedging instruments included within the condensed consolidated balance sheets as of April 29, 2017, April 30, 2016 and January 28, 2017 are as follows:

	Asset Derivatives			Liability Derivatives
($ thousands)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange forward contracts:
April 29, 2017	Prepaid expenses and other current assets	$	610	Other accrued expenses	$	187
April 30, 2016	Prepaid expenses and other current assets	615		Other accrued expenses	962
January 28, 2017	Prepaid expenses and other current assets	234		Other accrued expenses	874

Schedule of Effect of Derivative Instruments in Cash Flow Hedging Relationships on Condensed Consolidated Statements of Earnings

For the thirteen weeks ended April 29, 2017 and April 30, 2016, the effect of derivative instruments in cash flow hedging relationships on the condensed consolidated statements of earnings was as follows:

	Thirteen Weeks Ended						Thirteen Weeks Ended
($ thousands)	April 29, 2017						April 30, 2016
Foreign exchange forward contracts: Income Statement Classification (Losses) Gains - Realized	(Loss) Gain Recognized in OCL on Derivatives			Gain (Loss) Reclassified from Accumulated OCL into Earnings			(Loss) Gain Recognized in OCL on Derivatives			(Loss) Gain Reclassified from Accumulated OCL into Earnings
Net sales	$	(32	)	$	18		$	(164	)	$	(36	)
Cost of goods sold	793			3			(113		)	83
Selling and administrative expenses	310			(67		)	51			(170		)
Interest expense	4			(1		)	(38		)	—