Risk Management and Derivatives (Tables)

9 Months Ended

Oct. 28, 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 October 28, 2017, October 29, 2016 and January 28, 2017, the Company had forward contracts maturing at various dates through November 2018, October 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)	October 28, 2017		October 29, 2016		January 28, 2017
Financial Instruments
U.S. dollars (purchased by the Company’s Canadian division with Canadian dollars)	$	18,242	$	17,229	$	18,826
Euro	18,815		10,854		13,297
Chinese yuan	12,613		13,038		7,723
New Taiwanese dollars	580		538		526
United Arab Emirates dirham	—		1,143		823
Japanese yen	—		1,145		769
Other currencies	—		206		124
Total financial instruments	$	50,250	$	44,153	$	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 October 28, 2017, October 29, 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
October 28, 2017	Prepaid expenses and other current assets	$	760	Other accrued expenses	$	564
October 29, 2016	Prepaid expenses and other current assets	362		Other accrued expenses	570
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 periods ended October 28, 2017 and October 29, 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)	October 28, 2017					October 29, 2016
Foreign Exchange Forward Contracts: Income Statement Classification (Losses) Gains - Realized	(Loss) Gain Recognized in OCL on Derivatives			Gain Reclassified from Accumulated OCL into Earnings		Gain (Loss) Recognized in OCL on Derivatives			Loss Reclassified from Accumulated OCL into Earnings
Net sales	$	(4	)	$	6	$	16		$	(55	)
Cost of goods sold	(42		)	3		(181		)	(8		)
Selling and administrative expenses	364			109		(97		)	(15		)
Interest expense	6			—		5			(1		)

	Thirty-Nine Weeks Ended						Thirty-Nine Weeks Ended
($ thousands)	October 28, 2017						October 29, 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 Recognized in OCL on Derivatives			(Loss) Gain Reclassified from Accumulated OCL into Earnings
Net sales	$	(44	)	$	30		$	(173	)	$	(127	)
Cost of goods sold	695			164			(766		)	109
Selling and administrative expenses	480			42			(121		)	(373		)
Interest expense	(4		)	(1		)	(19		)	(1		)