Note 11 - Shareholders' Equity

3 Months Ended

May 02, 2020

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

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 May 2, 2020 and May 4, 2019:

($ thousands)	Foreign Currency Translation			Pension and Other Postretirement Transactions (1)			Derivative Financial Instrument Transactions (2)			Accumulated Other Comprehensive (Loss) Income
Balance at February 1, 2020	$	(580	)	$	(31,171	)	$	(92	)	$	(31,843	)
Other comprehensive (loss) income before reclassifications		(1,531	)		—			87			(1,444	)
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—			694			6			700
Tax benefit		—			(628	)		(1	)		(629	)
Net reclassifications		—			66			5			71
Other comprehensive (loss) income		(1,531	)		66			92			(1,373	)
Balance at May 2, 2020	$	(2,111	)	$	(31,105	)	$	—		$	(33,216	)
Balance at February 2, 2019	$	62		$	(31,055	)	$	(608	)	$	(31,601	)
Other comprehensive (loss) income before reclassifications		(970	)		—			169			(801	)
Reclassifications:
Amounts reclassified from accumulated other comprehensive loss		—			533			171			704
Tax benefit		—			(138	)		(37	)		(175	)
Net reclassifications		—			395			134			529
Other comprehensive (loss) income		(970	)		395			303			(272	)
Balance at May 4, 2019	$	(908	)	$	(30,660	)	$	(305	)	$	(31,873	)

⁽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.

⁽²⁾ Amounts reclassified are included in net sales, costs of goods sold and selling and administrative expenses.  Refer to Note 14 and Note 15 to the condensed consolidated financial statements for additional information related to derivative financial instruments.