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Derivatives (Tables) | 9 Months Ended
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Oct. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table summarizes the fair value and presentation of derivative instruments in the condensed consolidated balance sheets:
| Fair value of derivative assets
(in millions) | Balance sheet location |  | October 30, 2021 |  | January 30, 2021 |  | October 31, 2020
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current assets |  | $ | 0.1 |  |  | $ | — |  |  | $ | — |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current assets |  | — |  |  | 0.1 |  |  | — |
Total derivative assets |  |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | — |
| Fair value of derivative liabilities
(in millions) | Balance sheet location |  | October 30, 2021 |  | January 30, 2021 |  | October 31, 2020
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current liabilities |  | $ | — |  |  | $ | (0.3) |  |  | $ | — |
Commodity contracts | Other current liabilities |  | — |  |  | (0.1) |  |  | — |
|  |  | — |  |  | (0.4) |  |  | — |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current liabilities |  | (0.5) |  |  | — |  |  | (0.5) |
Total derivative liabilities |  |  | $ | (0.5) |  |  | $ | (0.4) |  |  | $ | (0.5) |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The following table summarizes the pre-tax gains (losses) recorded in AOCI for derivatives designated in cash flow hedging relationships:
(in millions) | October 30, 2021 |  | January 30, 2021 |  | October 31, 2020
Foreign currency contracts | $ | (0.1) |  |  | $ | (0.7) |  |  | $ | — |
Commodity contracts | (0.2) |  |  | (0.4) |  |  | 3.5 |
Gains (losses) recorded in AOCI | $ | (0.3) |  |  | $ | (1.1) |  |  | $ | 3.5 |
Derivative Instruments, Gain (Loss) | The following tables summarize the effect of derivative instruments designated as cash flow hedges on OCI and the condensed consolidated statements of operations: Foreign currency contracts
|  |  | 13 weeks ended |  | 39 weeks ended
(in millions) | Statement of operations caption |  | October 30, 2021 |  | October 31, 2020 |  | October 30, 2021 |  | October 31, 2020
Gains (losses) recorded in AOCI, beginning of period |  |  | $ | (0.6) |  |  | $ | — |  |  | $ | (0.7) |  |  | $ | (1.0) |
Current period gains (losses) recognized in OCI |  |  | 0.4 |  |  | — |  |  | 0.2 |  |  | 1.6 |
Losses (gains) reclassified from AOCI to net income | Cost of sales (1) |  | 0.1 |  |  | — |  |  | 0.4 |  |  | — |
Gains from de-designated hedges reclassified from AOCI to net income | Other operating income, net (1) |  | — |  |  | — |  |  | — |  |  | (0.6) |
Gains (losses) recorded in AOCI, end of period |  |  | $ | (0.1) |  |  | $ | — |  |  | $ | (0.1) |  |  | $ | — |
Commodity contracts
|  |  | 13 weeks ended |  | 39 weeks ended
(in millions) | Statement of operations caption |  | October 30, 2021 |  | October 31, 2020 |  | October 30, 2021 |  | October 31, 2020
Gains (losses) recorded in AOCI, beginning of period |  |  | $ | (0.2) |  |  | $ | 5.3 |  |  | $ | (0.4) |  |  | $ | 17.7 |
Current period gains (losses) recognized in OCI |  |  | — |  |  | — |  |  | — |  |  | (1.4) |
Losses (gains) reclassified from AOCI to net income | Cost of sales (1) |  | — |  |  | (1.8) |  |  | 0.2 |  |  | (3.5) |
Gains from de-designated hedges reclassified from AOCI to net income | Other operating income, net (1) |  | — |  |  | — |  |  | — |  |  | (9.3) |
Gains (losses) recorded in AOCI, end of period |  |  | $ | (0.2) |  |  | $ | 3.5 |  |  | $ | (0.2) |  |  | $ | 3.5 |
(1) Refer to the condensed consolidated statements of operations for total amounts of each financial statement caption impacted by cash flow hedges. The following table presents the effects of the Company’s derivatives instruments not designated as cash flow hedges in the condensed consolidated statements of operations:
|  |  | 13 weeks ended |  | 39 weeks ended
(in millions) | Statement of operations caption |  | October 30, 2021 |  | October 31, 2020 |  | October 30, 2021 |  | October 31, 2020
Foreign currency contracts | Other operating income, net |  | $ | (1.3) |  |  | $ | (1.1) |  |  | $ | (0.4) |  |  | $ | (2.1) |

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