Summary of Significant Accounting Policies (Tables)

6 Months Ended

Aug. 03, 2019

The carrying amounts and fair values of the Company’s financial instruments at August 3, 2019 and February 2, 2019 are as follows:



Fair Values
In Thousands	August 3, 2019				February 2, 2019
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
U.S. Credit Facility Borrowings	$	60,249	$	60,538	$	56,773	$	56,861
UK Term Loans	7,595		7,624		8,970		9,063
UK Revolver Borrowings	7,296		7,343		—		—

The following table summarizes the components of accumulated other comprehensive loss ("AOCI") for the six months ended August 3, 2019:



In Thousands	Foreign Currency Translation		Unrecognized Pension Postretirement Benefit Costs		Total Accumulated Other Comprehensive Income (Loss)

Balance February 2, 2019	$(33,752)		$(4,184)		$(37,936)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	(9,869	)	—		(9,869	)
Loss on intra-entity foreign currency transactions
(long-term investment nature)	(123	)	—		(123	)
Amounts reclassified from AOCI:
Amortization of net actuarial loss and prior service cost ⁽¹⁾	—		(307	)	(307	)
Income tax expense	—		(80	)	(80	)
Current period other comprehensive loss, net of tax	(9,992	)	(227	)	(10,219	)
Balance August 3, 2019	$(43,744)		$(4,411)		$(48,155)

⁽¹⁾ Amount is included in other components of net periodic benefit cost on the Condensed Consolidated Statements of Operations.