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Stockholders' Equity (Tables) | 12 Months Ended
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Jan. 30, 2021
Stockholders' Equity Note [Abstract] |
Dividends declared | The following table sets forth the cash dividend declared per share for the years ended January 30, 2021, February 1, 2020 and February 2, 2019:
|  |  | Year Ended |  | Year Ended |  | Year Ended
|  |  |  |  | Jan 30, 2021 |  | Feb 1, 2020 |  | Feb 2, 2019
Cash dividend declared per share |  |  |  |  | $ | 0.2250 |  |  | $ | 0.5625 |  |  | $ | 0.9000 |
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 fiscal 2021, fiscal 2020 and fiscal 2019 are as follows (in thousands):
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  | Defined Benefit Plans |  | Total
Balance at February 3, 2018 | $ | (67,049) |  |  | $ | (14,369) |  |  | $ | (11,644) |  |  | $ | (93,062) |
Gains (losses) arising during the period | (52,497) |  |  | 10,962 |  |  | 1,516 |  |  | (40,019) |
Reclassification to net earnings for losses realized | — |  |  | 6,406 |  |  | 496 |  |  | 6,902 |
Net other comprehensive income (loss) | (52,497) |  |  | 17,368 |  |  | 2,012 |  |  | (33,117) |
Balance at February 2, 2019 | $ | (119,546) |  |  | $ | 2,999 |  |  | $ | (9,632) |  |  | $ | (126,179) |
Gains (losses) arising during the period | (17,743) |  |  | 8,316 |  |  | 342 |  |  | (9,085) |
Reclassification to net earnings for (gains) losses realized | — |  |  | (6,996) |  |  | 369 |  |  | (6,627) |
Net other comprehensive income (loss) | (17,743) |  |  | 1,320 |  |  | 711 |  |  | (15,712) |
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance 1 | — |  |  | 1,981 |  |  | — |  |  | 1,981 |
Balance at February 1, 2020 | $ | (137,289) |  |  | $ | 6,300 |  |  | $ | (8,921) |  |  | $ | (139,910) |
Gains (losses) arising during the period | 31,319 |  |  | (5,709) |  |  | (1,203) |  |  | 24,407 |
Reclassification to net loss for (gains) losses realized | — |  |  | (5,467) |  |  | 295 |  |  | (5,172) |
Net other comprehensive income (loss) | 31,319 |  |  | (11,176) |  |  | (908) |  |  | 19,235 |
Balance at January 30, 2021 | $ | (105,970) |  |  | $ | (4,876) |  |  | $ | (9,829) |  |  | $ | (120,675) |
______________________________________________________________________ 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) beginning with the fiscal year ended February 1, 2020. 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 fiscal 2021, fiscal 2020 and fiscal 2019 are as follows (in thousands):
|  |  |  |  |  |  | Location of (Gain) Loss Reclassified from Accumulated OCI into Earnings (Loss)
| Year Ended Jan 30, 2021 |  | Year Ended Feb 1, 2020 |  | Year Ended Feb 2, 2019 |
Derivative financial instruments designated as cash flow hedges: |  |  |  |  |  |  |
Foreign exchange currency contracts | $ | (6,298) |  |  | $ | (7,776) |  |  | $ | 7,020 |  |  | Cost of product sales
Foreign exchange currency contracts | — |  |  | — |  |  | 201 |  |  | Other income (expense)
Interest rate swap | 181 |  |  | (128) |  |  | (103) |  |  | Interest expense
Less income tax effect | 650 |  |  | 908 |  |  | (712) |  |  | Income tax expense
| (5,467) |  |  | (6,996) |  |  | 6,406 |  |  |
Defined benefit plans: |  |  |  |  |  |  |
Net actuarial loss amortization | 397 |  |  | 446 |  |  | 600 |  |  | Other income (expense)
Prior service credit amortization | (66) |  |  | (39) |  |  | (28) |  |  | Other income (expense)
Less income tax effect | (36) |  |  | (38) |  |  | (76) |  |  | Income tax expense
| 295 |  |  | 369 |  |  | 496 |  |  |
Total reclassifications to net earnings (loss) for (gains) losses realized during the period | $ | (5,172) |  |  | $ | (6,627) |  |  | $ | 6,902 |  |  |

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