Shareholders' Equity

6 Months Ended

Aug. 03, 2024

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 August 3, 2024 and July 29, 2023:

			Pension and		Accumulated
	Foreign		Other		Other
	Currency		Postretirement		Comprehensive
($ thousands)	Translation		Transactions (1)		(Loss) Income
Balance at May 4, 2024	$	(1,855)	$	(32,266)	$	(34,121)
Other comprehensive income before reclassifications		3,565		—		3,565
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—		1,459		1,459
Tax benefit		—		(376)		(376)
Net reclassifications		—		1,083		1,083
Other comprehensive income		3,565		1,083		4,648
Balance at August 3, 2024	$	1,710	$	(31,183)	$	(29,473)
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 February 3, 2024	$	(1,098)	$	(33,406)	$	(34,504)
Other comprehensive income before reclassifications		2,808		—		2,808
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—		2,994		2,994
Tax benefit		—		(771)		(771)
Net reclassifications		—		2,223		2,223
Other comprehensive income		2,808		2,223		5,031
Balance at August 3, 2024	$	1,710	$	(31,183)	$	(29,473)
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)

(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.