Shareholders' Equity

6 Months Ended

Jul. 29, 2023

Shareholders' Equity

Shareholders' Equity

Note 11  Shareholders’ Equity

Accumulated Other Comprehensive Loss

The following table sets forth the changes in accumulated other comprehensive loss (OCL) by component for the periods ended July 29, 2023 and July 30, 2022:

			Pension and		Accumulated
	Foreign		Other		Other
	Currency		Postretirement		Comprehensive
($ thousands)	Translation		Transactions (1)		(Loss) Income
Balance at April 29, 2023	$	(1,433)	$	(24,827)	$	(26,260)
Other comprehensive income before reclassifications		120		—		120
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—		821		821
Tax benefit		—		(211)		(211)
Net reclassifications		—		610		610
Other comprehensive income		120		610		730
Balance at July 29, 2023	$	(1,313)	$	(24,217)	$	(25,530)
Balance at April 30, 2022	$	(950)	$	(7,378)	$	(8,328)
Other comprehensive income before reclassifications		465		—		465
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—		773		773
Tax benefit		—		(190)		(190)
Net reclassifications		—		583		583
Other comprehensive income		465		583		1,048
Balance at July 30, 2022	$	(485)	$	(6,795)	$	(7,280)
Balance at January 28, 2023	$	(1,213)	$	(25,537)	$	(26,750)
Other comprehensive loss before reclassifications		(100)		—		(100)
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—		1,776		1,776
Tax benefit		—		(456)		(456)
Net reclassifications		—		1,320		1,320
Other comprehensive (loss) income		(100)		1,320		1,220
Balance at July 29, 2023	$	(1,313)	$	(24,217)	$	(25,530)
Balance at January 29, 2022	$	(788)	$	(7,818)	$	(8,606)
Other comprehensive income before reclassifications		303		—		303
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—		1,354		1,354
Tax benefit		—		(331)		(331)
Net reclassifications		—		1,023		1,023
Other comprehensive income		303		1,023		1,326
Balance at July 30, 2022	$	(485)	$	(6,795)	$	(7,280)

(1) Amounts reclassified are included in other income, net. Refer to Note 13 to the condensed consolidated financial statements for additional information related to pension and other postretirement benefits.