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Stockholders' Equity (Tables) | 9 Months Ended
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Oct. 31, 2020
Equity [Abstract] |
Schedule of cash dividend declared per share | The following table sets forth the cash dividend declared per share for the three and nine months ended October 31, 2020 and November 2, 2019:
| Three Months Ended |  | Nine Months Ended
| Oct 31, 2020 |  | Nov 2, 2019 |  | Oct 31, 2020 |  | Nov 2, 2019
Cash dividend declared per share | $ | 0.1125 |  |  | $ | 0.1125 |  |  | $ | 0.1125 |  |  | $ | 0.4500 |
Schedule of changes in accumulated other comprehensive income (loss), net of related income taxes | The changes in accumulated other comprehensive income (loss), net of related income taxes, for the three and nine months ended October 31, 2020 and November 2, 2019 are as follows (in thousands):
| Three Months Ended Oct 31, 2020
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  |  |  | Defined Benefit Plans |  | Total
Balance at August 1, 2020 | $ | (121,119) |  |  | $ | (1,499) |  |  |  |  | $ | (8,991) |  |  | $ | (131,609) |
Gains (losses) arising during the period | (2,209) |  |  | 1,286 |  |  |  |  | (2) |  |  | (925) |
Reclassification to net earnings for (gains) losses realized | — |  |  | (1,553) |  |  |  |  | 74 |  |  | (1,479) |
Net other comprehensive income (loss) | (2,209) |  |  | (267) |  |  |  |  | 72 |  |  | (2,404) |
Balance at October 31, 2020 | $ | (123,328) |  |  | $ | (1,766) |  |  |  |  | $ | (8,919) |  |  | $ | (134,013) |
| Nine Months Ended Oct 31, 2020
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  |  |  | Defined Benefit Plans |  | Total
Balance at February 1, 2020 | $ | (137,289) |  |  | $ | 6,300 |  |  |  |  | $ | (8,921) |  |  | $ | (139,910) |
Gains (losses) arising during the period | 13,961 |  |  | (2,546) |  |  |  |  | (214) |  |  | 11,201 |
Reclassification to net loss for (gains) losses realized | — |  |  | (5,520) |  |  |  |  | 216 |  |  | (5,304) |
Net other comprehensive income (loss) | 13,961 |  |  | (8,066) |  |  |  |  | 2 |  |  | 5,897 |
Balance at October 31, 2020 | $ | (123,328) |  |  | $ | (1,766) |  |  |  |  | $ | (8,919) |  |  | $ | (134,013) |
| Three Months Ended Nov 2, 2019
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  |  |  | Defined Benefit Plans |  | Total
Balance at August 3, 2019 | $ | (136,764) |  |  | $ | 9,069 |  |  |  |  | $ | (9,507) |  |  | $ | (137,202) |
Gains arising during the period | 2,941 |  |  | 776 |  |  |  |  | 13 |  |  | 3,730 |
Reclassification to net earnings for (gains) losses realized | — |  |  | (2,527) |  |  |  |  | 90 |  |  | (2,437) |
Net other comprehensive income (loss) | 2,941 |  |  | (1,751) |  |  |  |  | 103 |  |  | 1,293 |
Balance at November 2, 2019 | $ | (133,823) |  |  | $ | 7,318 |  |  |  |  | $ | (9,404) |  |  | $ | (135,909) |
| Nine Months Ended Nov 2, 2019
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  |  |  | Defined Benefit Plans |  | Total
Balance at February 2, 2019 | $ | (119,546) |  |  | $ | 2,999 |  |  |  |  | $ | (9,632) |  |  | $ | (126,179) |
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance 1 | — |  |  | 1,981 |  |  |  |  | — |  |  | 1,981 |
Gains (losses) arising during the period | (14,277) |  |  | 6,618 |  |  |  |  | (42) |  |  | (7,701) |
Reclassification to net earnings for (gains) losses realized | — |  |  | (4,280) |  |  |  |  | 270 |  |  | (4,010) |
Net other comprehensive income (loss) | (14,277) |  |  | 2,338 |  |  |  |  | 228 |  |  | (11,711) |
Balance at November 2, 2019 | $ | (133,823) |  |  | $ | 7,318 |  |  |  |  | $ | (9,404) |  |  | $ | (135,909) |
______________________________________________________________________ Notes: 1 During the first quarter of fiscal 2020, the Company adopted new authoritative guidance which eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss). Upon adoption of this guidance, the Company reclassified approximately $2.0 million in gains from retained earnings to accumulated other comprehensive loss related to the previously recorded interest component on outstanding instruments that qualified for hedge accounting.
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss) | Details on reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss) during the three and nine months ended October 31, 2020 and November 2, 2019 are as follows (in thousands):
| Three Months Ended |  | Nine Months Ended |  | Location of (Gain) Loss Reclassified from Accumulated OCI into Earnings (Loss)
| Oct 31, 2020 |  | Nov 2, 2019 |  | Oct 31, 2020 |  | Nov 2, 2019 |
Derivative financial instruments designated as cash flow hedges: |  |
Foreign exchange currency contracts | $ | (1,804) |  |  | $ | (2,826) |  |  | $ | (6,299) |  |  | $ | (4,813) |  |  | Cost of product sales
Interest rate swap | 67 |  |  | (28) |  |  | 112 |  |  | (118) |  |  | Interest expense
Less income tax effect | 184 |  |  | 327 |  |  | 667 |  |  | 651 |  |  | Income tax expense (benefit)
| (1,553) |  |  | (2,527) |  |  | (5,520) |  |  | (4,280) |  |  |
Defined benefit plans: |  |  |  |  |  |  |  |  |
Net actuarial loss amortization | 101 |  |  | 112 |  |  | 294 |  |  | 334 |  |  | Other income (expense)
Prior service credit amortization | (17) |  |  | (10) |  |  | (49) |  |  | (29) |  |  | Other income (expense)
Less income tax effect | (10) |  |  | (12) |  |  | (29) |  |  | (35) |  |  | Income tax expense (benefit)
| 74 |  |  | 90 |  |  | 216 |  |  | 270 |  |  |
Total reclassifications during the period | $ | (1,479) |  |  | $ | (2,437) |  |  | $ | (5,304) |  |  | $ | (4,010) |  |  |

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