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Derivative Financial Instruments (Tables)

12 Months Ended

Jan. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of fair value of derivative instruments in the consolidated balance sheets

The fair value of derivative instruments in the consolidated balance sheets as of January 30, 2016 and January 31, 2015 is as follows (in thousands):

		Derivative Balance Sheet Location		Fair Value at Jan 30, 2016				Fair Value at Jan 31, 2015
ASSETS:
Derivatives designated as hedging instruments:
Cash flow hedges:
Foreign exchange currency contracts		Other current assets/ Other assets		$	7,491			$	6,597
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts		Other current assets		2,306				8,945
Total				$	9,797			$	15,542
LIABILITIES:
Derivatives designated as hedging instruments:
Cash flow hedges:
Foreign exchange currency contracts		Accrued expenses/ Other long-term liabilities		$	47			$	—
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts		Accrued expenses		319				—
Interest rate swap		Accrued expenses/ Other long-term liabilities		37				270
Total derivatives not designated as hedging instruments				356				270
Total				$	403			$	270

Summary of gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings

The following table summarizes the gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings for fiscal 2016, fiscal 2015 and fiscal 2014 (in thousands):

	Gain Recognized in OCI				Location of Gain Reclassified from Accumulated OCI into Earnings (1)		Gain Reclassified from Accumulated OCI into Earnings
	Year Ended Jan 30, 2016						Year Ended Jan 30, 2016
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	9,301			Cost of product sales		$	8,314
Foreign exchange currency contracts	$	500			Other income/expense		$	833

	Gain Recognized in OCI				Location of Gain (Loss) Reclassified from Accumulated OCI into Earnings (1)		Gain (Loss) Reclassified from Accumulated OCI into Earnings
	Year Ended Jan 31, 2015						Year Ended Jan 31, 2015
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	6,962			Cost of product sales		$	(272	)
Foreign exchange currency contracts	$	922			Other income/expense		$	165

	Gain Recognized in OCI				Location of Gain Reclassified from Accumulated OCI into Earnings (1)		Gain Reclassified from Accumulated OCI into Earnings
	Year Ended Feb 1, 2014						Year Ended Feb 1, 2014
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	4,595			Cost of product sales		$	3,050
Foreign exchange currency contracts	$	370			Other income/expense		$	9

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(1) The ineffective portion was immaterial during fiscal 2016, fiscal 2015 and fiscal 2014 and was recorded in net earnings and included in interest income/expense.

Summary of net after-tax derivative activity recorded in accumulated other comprehensive income (loss)

The following table summarizes net after-tax derivative activity recorded in accumulated other comprehensive income (loss) (in thousands):

	Year Ended Jan 30, 2016				Year Ended Jan 31, 2015
Beginning balance gain (loss)	$	7,157			$	(113	)
Net gains from changes in cash flow hedges	7,944				6,734
Net (gains) losses reclassified to earnings	(7,849		)		536
Ending balance gain	$	7,252			$	7,157

Summary of gains before taxes recognized on the derivative instruments not designated as hedging instruments in other income

The following table summarizes the gains before taxes recognized on the derivative instruments not designated as hedging instruments in other income for fiscal 2016, fiscal 2015 and fiscal 2014 (in thousands):

		Location of Gain Recognized in Earnings		Gain Recognized in Earnings
				Year Ended Jan 30, 2016				Year Ended Jan 31, 2015				Year Ended Feb 1, 2014
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts		Other income/expense		$	4,346			$	14,723			$	1,843
Interest rate swap		Other income/expense		$	179			$	242			$	238

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- References

No definition available.

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- Definition

Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959

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- Definition

Tabular disclosure for other derivative instruments not designated as hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

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