XML 39 R17.htm IDEA: XBRL DOCUMENT
v3.20.4

COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS | 6 Months Ended
--- | ---
Jan. 30, 2021
Equity [Abstract] |
COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS | NOTE 9—COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS Changes in Accumulated other comprehensive loss by component, net of tax, for fiscal 2021 year-to-date are as follows:
(in thousands) | Other Cash Flow Derivatives |  | Benefit Plans |  | Foreign Currency Translation |  | Swap Agreements |  | Total
Accumulated other comprehensive loss at August 1, 2020 | $ | (67) |  |  | $ | (115,296) |  |  | $ | (21,419) |  |  | $ | (101,164) |  |  | $ | (237,946) |
Other comprehensive (loss) income before reclassifications | (165) |  |  | — |  |  | 3,257 |  |  | 4,494 |  |  | 7,586 |
Reclassification of amounts included in net periodic benefit income | — |  |  | (506) |  |  | — |  |  | — |  |  | (506) |
Reclassification of cash flow hedges | 120 |  |  | — |  |  | — |  |  | 17,217 |  |  | 17,337 |
Net current period Other comprehensive (loss) income | (45) |  |  | (506) |  |  | 3,257 |  |  | 21,711 |  |  | 24,417 |
Accumulated other comprehensive loss at January 30, 2021 | $ | (112) |  |  | $ | (115,802) |  |  | $ | (18,162) |  |  | $ | (79,453) |  |  | $ | (213,529) |
Changes in Accumulated other comprehensive loss by component, net of tax, for fiscal 2020 year-to-date are as follows:
(in thousands) |  | Benefit Plans |  | Foreign Currency Translation |  | Swap Agreements |  | Total
Accumulated other comprehensive loss at August 3, 2019 |  | $ | (32,458) |  |  | $ | (20,082) |  |  | $ | (56,413) |  |  | $ | (108,953) |
Other comprehensive income (loss) before reclassifications |  | 1,480 |  |  | 24 |  |  | (2,588) |  |  | (1,084) |
Reclassification of amounts included in net periodic benefit income |  | (1,148) |  |  | — |  |  | — |  |  | (1,148) |
Reclassification of cash flow hedges |  | — |  |  | — |  |  | (4,845) |  |  | (4,845) |
Pension settlement charge |  | 7,610 |  |  | — |  |  | — |  |  | 7,610 |
Net current period Other comprehensive income (loss) |  | 7,942 |  |  | 24 |  |  | (7,433) |  |  | 533 |
Accumulated other comprehensive loss at February 1, 2020 |  | $ | (24,516) |  |  | $ | (20,058) |  |  | $ | (63,846) |  |  | $ | (108,420) |
Items reclassified out of Accumulated other comprehensive loss had the following impact on the Condensed Consolidated Statements of Operations:
| 13-Week Period Ended |  | 26-Week Period Ended |  | Affected Line Item on the Condensed Consolidated Statements of Operations
(in thousands) | January 30, 2021 |  | February 1, 2020 |  | January 30, 2021 |  | February 1, 2020 |
Pension and postretirement benefit plan obligations: |  |  |  |  |  |  |  |  |
Reclassification of amounts included in net periodic benefit income(1) | $ | (404) |  |  | $ | (777) |  |  | $ | (713) |  |  | $ | (1,551) |  |  | Net periodic benefit income, excluding service cost
Pension settlement charge | — |  |  | 10,303 |  |  | — |  |  | 10,303 |  |  | Net periodic benefit income, excluding service cost
Total reclassifications | (404) |  |  | 9,526 |  |  | (713) |  |  | 8,752 |  |  |
Income tax expense (benefit) | 104 |  |  | (2,492) |  |  | 207 |  |  | (2,290) |  |  | Provision (benefit) for income taxes
Total reclassifications, net of tax | $ | (300) |  |  | $ | 7,034 |  |  | $ | (506) |  |  | $ | 6,462 |  |  |
Swap agreements: |  |  |  |  |  |  |  |  |
Reclassification of cash flow hedge | $ | 11,498 |  |  | $ | (4,251) |  |  | $ | 23,534 |  |  | $ | (6,621) |  |  | Interest expense, net
Income tax benefit | (3,087) |  |  | (1,348) |  |  | (6,317) |  |  | (1,776) |  |  | Provision (benefit) for income taxes
Total reclassifications, net of tax | $ | 8,411 |  |  | $ | (2,903) |  |  | $ | 17,217 |  |  | $ | (4,845) |  |  |
Other cash flow hedges: |  |  |  |  |  |  |  |  |
Reclassification of cash flow hedge | $ | (5) |  |  | $ | — |  |  | $ | 164 |  |  | $ | — |  |  | Cost of sales
Income tax expense (benefit) | 1 |  |  | — |  |  | (44) |  |  | — |  |  | Provision (benefit) for income taxes
Total reclassifications, net of tax | $ | (4) |  |  | $ | — |  |  | $ | 120 |  |  | $ | — |  |  |
(1)Reclassification of amounts included in net periodic benefit income include reclassification of prior service benefit and reclassification of net actuarial loss as reflected in Note 11—Benefit Plans. As of January 30, 2021, the Company expects to reclassify $44.1 million out of Accumulated other comprehensive loss and primarily into Interest expense, net during the following twelve-month period.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration