Derivative Financial Instruments (Tables)

9 Months Ended

Aug. 01, 2014

Fair values of derivative instruments in the Consolidated Balance Sheet at August 1, 2014, and October 25, 2013, consisted of:

(In thousands)		Fair Value
		August 1,		October 25,
	Classification	2014		2013
Foreign Currency Forward Exchange Contracts:
	Other current assets	$	2,969	$	4,547
	Other assets		1,175		1,393
	Accrued liabilities		7,612		3,002
	Other liabilities		1,458		1,661

Embedded Derivative Instruments:
	Other current assets	$	141	$	59
	Other assets		1,081		647
	Accrued liabilities		312		344
	Other liabilities		206		-

We recognized the following gains (losses) on contracts designated as fair value hedges:

(In thousands)	Three Months Ended					Nine Months Ended
Gain (Loss)	August 1,			July 26,		August 1,		July 26,
	2014			2013		2014		2013
Interest rate swap contracts:
Recognized in interest expense	$	-		$	-	$	-	$	(1,058	)
Recognized in loss on extinguishment of debt		-			-		-		2,918

Embedded derivatives:
Recognized in sales		(651	)		284		215		1,541

We recognized the following gains (losses) on contracts designated as cash flow hedges:

(In thousands)	Three Months Ended						Nine Months Ended
Gain (Loss)	August 1,			July 26,			August 1,			July 26,
	2014			2013			2014			2013
Foreign currency forward exchange contracts:
Recognized in AOCI (effective portion)	$	1,873		$	(544	)	$	(858	)	$	(1,975	)
Reclassified from AOCI into sales		(893	)		(551	)		(3,638	)		(1,187	)

We recognized the following gains (losses) on contracts designated as net investment hedges: