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Shareholders' Equity
12 Months Ended
Feb. 03, 2018
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
SHAREHOLDERS' EQUITY


Stock Repurchase Program
On August 25, 2011, the Board of Directors approved a stock repurchase program (“2011 Program”) authorizing the repurchase of up to 2.5 million shares of the Company’s outstanding common stock. The Company can use the repurchase program to repurchase shares on the open market or in private transactions from time to time, depending on market conditions. The repurchase program does not have an expiration date. Repurchases of common stock are limited under the Company’s debt agreements. During 2017, 2016 and 2015 there were 225,000, 900,000 and 151,500 shares, respectively, repurchased under the 2011 Program. Therefore, there were 1.2 million shares remaining that are authorized to be repurchased under the 2011 Program as of February 3, 2018.

Repurchases Related to Employee Share-based Awards
During 2017, 2016 and 2015, employees tendered 141,713, 205,569 and 222,110 shares, respectively, related to certain share-based awards. These shares were tendered in satisfaction of the exercise price of stock options and/or to satisfy tax withholding amounts for non-qualified stock options, restricted stock and stock performance awards. Accordingly, these share repurchases are not considered a part of the Company’s publicly announced stock repurchase programs.

Accumulated Other Comprehensive Loss
The following table sets forth the changes in accumulated other comprehensive loss, net of tax, by component for 2017, 2016 and 2015:
($ thousands)
Foreign Currency Translation

 
Pension and Other Postretirement Transactions (1)

 
Derivative Transactions (2)

 
Accumulated Other Comprehensive Income (Loss)

Balance January 31, 2015
$
(745
)
 
$
3,233

 
$
224

 
$
2,712

Other comprehensive (loss) income before reclassifications
(155
)
 
(7,559
)
 
74

 
(7,640
)
Reclassifications:
 
 
 
 
 
 
 
Amounts reclassified from accumulated other comprehensive loss

 
(1,706
)
 
177

 
(1,529
)
Tax provision (benefit)

 
676

 
(83
)
 
593

Net reclassifications

 
(1,030
)
 
94

 
(936
)
Other comprehensive (loss) income
(155
)
 
(8,589
)
 
168

 
(8,576
)
Balance January 30, 2016
$
(900
)
 
$
(5,356
)
 
$
392

 
$
(5,864
)
Other comprehensive income (loss) before reclassifications
1,092

 
(23,888
)
 
(1,255
)
 
(24,051
)
Reclassifications:
 
 
 
 
 
 
 
Amounts reclassified from accumulated other comprehensive loss

 
(1,395
)
 
506

 
(889
)
Tax provision (benefit)

 
555

 
(185
)
 
370

Net reclassifications

 
(840
)
 
321

 
(519
)
Other comprehensive income (loss)
1,092

 
(24,728
)
 
(934
)
 
(24,570
)
Balance January 28, 2017
$
192

 
$
(30,084
)
 
$
(542
)
 
$
(30,434
)
Other comprehensive income before reclassifications
1,043

 
18,627

 
1,337

 
21,007

Reclassifications:
 
 
 
 
 
 
 
Amounts reclassified from accumulated other comprehensive loss

 
225

 
(357
)
 
(132
)
Tax (benefit) provision

 
(58
)
 
121

 
63

Net reclassifications

 
167

 
(236
)
 
(69
)
Other comprehensive income
1,043

 
18,794

 
1,101

 
20,938

Reclassification of stranded tax effects

 
(5,882
)
 
208

 
(5,674
)
Balance February 3, 2018
$
1,235

 
$
(17,172
)
 
$
767

 
$
(15,170
)
(1) Amounts reclassified are included in selling and administrative expenses. Refer to Note 5 to the consolidated financial statements for additional information related to pension and other postretirement benefits.
(2) Amounts reclassified are included in net sales, costs of goods sold, selling and administrative expenses and interest expense. Refer to Note 13 and Note 14 to the consolidated financial statements for additional information related to derivative financial instruments.