Derivatives and Hedging Activities (Tables)

12 Months Ended

Jan. 31, 2015

Summary of Financial Statement Effect of Derivative Financial Instruments Designated as Interest rate Cash Flow Hedges

The following tables provide a summary of the financial statement effect of the Company’s derivative financial instruments designated as interest rate cash flow hedges during Fiscal 2012 (in thousands):

Derivatives in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
	Fiscal 2012
Interest Rate Swap	$	375
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) (1)
	Fiscal 2012(2)
Interest expense, net	$	(2,620	)

(1) Represents reclassification of amounts from accumulated other comprehensive income (loss) into earnings as interest expense is recognized on the Former Term Loan. No ineffectiveness is associated with the interest rate cash flow hedges.

(2) Includes a reclassification amount of $1,784 from accumulated other comprehensive income (loss) into interest expense resulting from the termination of the former interest rate swap.