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Significant Accounting Policies (Tables) | 12 Months Ended
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Jan. 27, 2019
Accounting Policies [Abstract] |
Schedule of new accounting pronouncements and changes in accounting principles | The following presents the amounts by which financial statement line items were affected in the current period due to the adoption of Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers ("ASC 606") as compared with the guidance that was in effect before the change:
| Fiscal Year Ended
Statements of Income | January 27, 2019
(in thousands, except per share amounts) | Increase/(decrease)
Net sales | $ | 9,848 |
Cost of sales | $ | 2,247 |
Provision for income taxes | $ | 1,596 |
Net income | $ | 6,005 |
Earnings per share: |
Basic | $ | 0.09 |
Diluted | $ | 0.09 |
Balance Sheets | January 27, 2019
(in thousands) | Increase/(decrease)
Deferred revenue | $ | (19,987 | )
Schedule of changes in other comprehensive income (loss) by component | he following table summarizes the changes in other comprehensive (loss) income by component:
| Fiscal Year Ended
| January 27, 2019 |  | January 28, 2018 |  | January 29, 2017
(in thousands) | Pre-tax Amount |  | Tax Benefit (Expense) |  | Net Amount |  | Pre-tax Amount |  | Tax (Expense) Benefit |  | Net Amount |  | Pre-tax Amount |  | Tax Benefit (Expense) |  | Net Amount
Defined benefit plan: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other comprehensive (loss) gain before reclassifications | $ | (2,597 | ) |  | $ | 116 |  |  | (2,481 | ) |  | $ | 637 |  |  | $ | (253 | ) |  | $ | 384 |  |  | $ | (2,861 | ) |  | $ | 447 |  |  | $ | (2,414 | )
Foreign currency hedge: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other comprehensive (loss) gain before reclassifications | (164 | ) |  | 49 |  |  | (115 | ) |  | 1,205 |  |  | (263 | ) |  | 942 |  |  | 586 |  |  | (64 | ) |  | 522 |
Reclassification adjustments included in "Selling, general and administrative" | 233 |  |  | (44 | ) |  | 189 |  |  | (1,531 | ) |  | 299 |  |  | (1,232 | ) |  | (260 | ) |  | 28 |  |  | (232 | )
Interest rate hedge: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other comprehensive gain before reclassifications | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 48 |  |  | — |  |  | 48 |
Other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other comprehensive gain before reclassifications | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 129 |  |  | — |  |  | 129 |
Other comprehensive (loss) income | $ | (2,528 | ) |  | $ | 121 |  |  | $ | (2,407 | ) |  | $ | 311 |  |  | $ | (217 | ) |  | $ | 94 |  |  | $ | (2,358 | ) |  | $ | 411 |  |  | $ | (1,947 | )
Schedule of accumulated other comprehensive income (loss) | The following summarizes the changes in accumulated other comprehensive (loss) income by component:
(in thousands) | Defined Benefit Plan |  | Foreign Currency Hedge |  | Interest Rate Hedge |  | Other |  | Accumulated Other Comprehensive (Loss) Income
Balance as of January 31, 2016 | $ | — |  |  | $ | — |  |  | $ | (48 | ) |  | $ | 701 |  |  | $ | 653 |
Other comprehensive (loss) income | (2,414 | ) |  | 290 |  |  | 48 |  |  | 129 |  |  | (1,947 | )
Balance as of January 29, 2017 | (2,414 | ) |  | 290 |  |  | — |  |  | 830 |  |  | (1,294 | )
Other comprehensive income (loss) | 384 |  |  | (290 | ) |  | — |  |  | — |  |  | 94 |
Balance as of January 28, 2018 | (2,030 | ) |  | — |  |  | — |  |  | 830 |  |  | (1,200 | )
Other comprehensive (loss) income | (2,481 | ) |  | 74 |  |  | — |  |  | — |  |  | (2,407 | )
Balance as of January 27, 2019 | $ | (4,511 | ) |  | $ | 74 |  |  | $ | — |  |  | $ | 830 |  |  | $ | (3,607 | )
Schedule of earnings per share calculation, basic and diluted | The computation of basic and diluted earnings per common share was as follows:
| Fiscal Year Ended
(in thousands, except per share amounts) | January 27, 2019 |  | January 28, 2018 |  | January 29, 2017
Net income | $ | 63,056 |  |  | $ | 36,426 |  |  | $ | 54,661 |
Weighted average common shares outstanding - basic | 65,982 |  |  | 66,027 |  |  | 65,427 |
Dilutive effect of share-based compensation | 2,499 |  |  | 1,578 |  |  | 682 |
Weighted average common shares outstanding - diluted | 68,481 |  |  | 67,605 |  |  | 66,109 |
Basic earnings per common share | $ | 0.96 |  |  | $ | 0.55 |  |  | $ | 0.84 |
Diluted earnings per common share | $ | 0.92 |  |  | $ | 0.54 |  |  | $ | 0.83 |
Anti-dilutive shares not included in the above calculations | 553 |  |  | 402 |  |  | 1,111 |

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