RISK MANAGEMENT AND DERIVATIVES (Tables)

9 Months Ended

Oct. 31, 2020

RISK MANAGEMENT AND DERIVATIVES

Schedule of net notional amount of all purchase and sale contracts of a foreign currency

(U.S. $equivalent in thousands)	October 31, 2020		November 2, 2019		February 1, 2020
Financial Instruments
U.S. dollars (purchased by the Company’s Canadian division with Canadian dollars)	$	—	$	3,235	$	3,963
Euro		—		5,763		1,251
Chinese yuan		—		2,905		2,355
New Taiwanese dollars		—		—		—
Other currencies		—		139		69
Total financial instruments	$	—	$	12,042	$	7,638

Schedule of classification and fair values of derivative instruments within condensed consolidated balance sheets

	Asset Derivatives		Liability Derivatives
($ thousands)	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign Exchange Forward Contracts
October 31, 2020	Prepaid expenses and other current assets	—	Other accrued expenses	—
November 2, 2019	Prepaid expenses and other current assets	17	Other accrued expenses	325
February 1, 2020	Prepaid expenses and other current assets	—	Other accrued expenses	103

Schedule of effect of derivative instruments in cash flow hedging relationships on condensed consolidated statements of earnings (loss)

	Thirteen Weeks Ended
($ thousands)	October 31, 2020					November 2, 2019
				Gain (Loss)
			Reclassified					Loss Reclassified
	Gain (Loss)			from		(Loss) Gain		from
	Recognized			Accumulated		Recognized		Accumulated
Foreign Exchange Forward Contracts: Income Statement	in OCL on			OCL into		in OCL on		OCL into
Classification Gains (Losses) – Realized	Derivatives			Earnings		Derivatives		Earnings
Net sales	$	—		$	—	$	69	$	2
Cost of goods sold		—			—		38		—
Selling and administrative expenses		—			—		(33)		2

	Thirty-Nine Weeks Ended
($ thousands)	October 31, 2020				November 2, 2019
			Loss				Loss
			Reclassified				Reclassified
	Gain		from		(Loss) Gain		from
	Recognized		Accumulated		Recognized		Accumulated
Foreign Exchange Forward Contracts: Income Statement	in OCL on		OCL into		in OCL on		OCL into
Classification Gains (Losses) – Realized	Derivatives		Earnings		Derivatives		Earnings
Net sales	$	23	$	—	$	(51)	$	(3)
Cost of goods sold		60		—		390		(38)
Selling and administrative expenses		33		(6)		(147)		(213)