Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Aug. 02, 2013

Derivative Instruments and Hedging Activities

Fair value of the company's derivatives and consolidated balance sheet location

Asset Derivatives

Liability Derivatives

August 2, 2013

August 3, 2012

August 2, 2013

August 3, 2012

Balance

Balance

Balance

Balance

Sheet

Fair

Sheet

Fair

Sheet

Fair

Sheet

Fair

(Dollars in thousands)

Location

Value

Location

Value

Location

Value

Location

Value

Derivatives Designated as Hedging Instruments

Forward currency contracts

Prepaid expenses

$

796

Prepaid expenses

$

3

Accrued liabilities

$

178

Accrued liabilities

$

—

Cross currency swaps

Prepaid expenses

—

Prepaid expenses

624

Accrued liabilities

428

Accrued liabilities

—

Derivatives Not Designated as Hedging Instruments

Forward currency contracts

Prepaid expenses

2,305

Prepaid expenses

970

Accrued liabilities

178

Accrued liabilities

175

Cross currency swaps

Prepaid expenses

83

Prepaid expenses

1,019

Accrued liabilities

—

Accrued liabilities

—

Total Derivatives

$

3,184

$

2,616

$

784

$

175

Impact of derivative instruments on the consolidated statements of earnings for the company's derivatives designated as cash flow hedging instruments

														Location of Gain (Loss)	Gain (Loss)
							Location of Gain							Recognized in Income	Recognized in Income
	Gain (Loss)						(Loss) Reclassified	Gain (Loss)						on Derivatives	on Derivatives
	Recognized in OCI on						from AOCL	Reclassified from						(Ineffective Portion	(Ineffective Portion and
	Derivatives						into Income	AOCL into Income						and excluded from	Excluded from
	(Effective Portion)						(Effective Portion)	(Effective Portion)						Effectiveness Testing)	Effectiveness Testing)
(Dollars in thousands)	August 2,			August 3,				August 2,			August 3,				August 2,		August 3,
For the three months ended	2013			2012				2013			2012				2013		2012
Forward currency contracts	$	459		$	(463	)	Net sales	$	(114	)	$	1,033		Other income, net	$	5	$	394
Forward currency contracts	(491		)	(16		)	Cost of sales	185			(475		)
Cross currency contracts	(97		)	387			Other income, net	126			386
Total	$	(129	)	$	(92	)		$	197		$	944

	August 2,			August 3,				August 2,			August 3,				August 2,		August 3,
For the nine months ended	2013			2012				2013			2012				2013		2012
Forward currency contracts	$	1,133		$	(222	)	Net sales	$	(1,456	)	$	2,738		Other income, net	$	706	$	597
Forward currency contracts	110			675			Cost of sales	426			(1,120		)
Cross currency contracts	(702		)	387			Other income, net	(713		)	386
Total	$	541		$	840			$	(1,743	)	$	2,004

Impact of derivative instruments on the consolidated statements of earnings for the company's derivatives not designated as hedging instruments

		Gain (Loss) Recognized in Net Earnings
		Three Months Ended					Nine Months Ended
	Location of Gain (Loss)	August 2,			August 3,		August 2,			August 3,
(Dollars in thousands)	Recognized in Net Earnings	2013			2012		2013			2012
Forward currency contracts	Other income, net	$	3,227		$	2,233	$	2,267		$	6,930
Cross currency swaps	Other income, net	(100		)	899		(281		)	997
		$	3,127		$	3,132	$	1,986		$	7,927