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Derivative Financial Instruments (Tables) | 9 Months Ended
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Nov. 01, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets | The fair value of derivative instruments in the condensed consolidated balance sheets is (in thousands):
| Fair Value at Nov 1, 2025 |  | Fair Value at Feb 1, 2025 |  | Derivative Balance Sheet Location |  |
ASSETS: |  |  |  |  |  |  |
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Cash flow hedges: |  |  |  |  |  |  |
Foreign exchange currency contracts | $ | 727 |  |  | $ | 7,456 |  |  | Other current assets/Other assets |  |
Total derivatives designated as hedging instruments | 727 |  |  | 7,456 |  |  |  |  |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign exchange currency contracts | 658 |  |  | 3,011 |  |  | Other current assets |  |
2028 Bond Hedge | 30,142 |  |  | 11,252 |  |  | Other assets |  |
Total derivatives not designated as hedging instruments | 30,800 |  |  | 14,263 |  |  |  |  |
Total | $ | 31,527 |  |  | $ | 21,719 |  |  |  |  |
LIABILITIES: |  |  |  |  |  |  |
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Cash flow hedges: |  |  |  |  |  |  |
Foreign exchange currency contracts | $ | 6,744 |  |  | $ | — |  |  | Accrued expenses and other current liabilities |  |
Total derivatives designated as hedging instruments | 6,744 |  |  | — |  |  |  |  |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign exchange currency contracts | 3,309 |  |  | 8 |  |  | Accrued expenses/Other long-term liabilities |  |
Embedded derivative | 6,590 |  |  | 2,460 |  |  | Convertible senior notes due 2028, net |  |
Total derivatives not designated as hedging instruments | 9,899 |  |  | 2,468 |  |  |  |  |
Total | $ | 16,643 |  |  | $ | 2,468 |  |  |  |  |
Schedule of Gains (Losses) Before Taxes Recognized on the Derivative Instruments Designated as Cash Flow Hedges | The following summarizes the gains (losses) before income taxes recognized on derivative instruments designated as cash flow hedges in other comprehensive income (loss) (“OCL”) and net earnings (loss) (in thousands):
| Gain (Loss) Recognized in OCL |  | Gain (Loss) Reclassified from AOCL into Earnings (Loss) |  | Location of Gain (Loss) Reclassified from AOCL into Earnings (Loss)
| Nov 1, 2025 |  | Nov 2, 2024 |  | Nov 1, 2025 |  | Nov 2, 2024 |
| Three Months Ended
Derivatives designated as cash flow hedges: |  |  |  |  |  |  |  |  |
Foreign exchange currency contracts | $ | 1,449 |  |  | $ | 1,898 |  |  | $ | (2,225) |  |  | $ | 418 |  |  | Cost of product sales
Interest rate swap | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | Interest expense
| Nine Months Ended
Derivatives designated as cash flow hedges: |  |  |  |  |  |  |  |  |
Foreign exchange currency contracts | $ | (18,857) |  |  | $ | 1,647 |  |  | $ | (568) |  |  | $ | (1,683) |  |  | Cost of product sales
Interest rate swap | $ | — |  |  | $ | (604) |  |  | $ | — |  |  | $ | 212 |  |  | Interest expense
Schedule of Net After-tax Derivative Activity Recorded in Accumulated Other Comprehensive Income (Loss) | The following summarizes net after income tax derivative activity recorded in AOCL (in thousands):
| Three Months Ended |  | Nine Months Ended
| Nov 1, 2025 |  | Nov 2, 2024 |  | Nov 1, 2025 |  | Nov 2, 2024
Beginning balance gain (loss) | $ | (12,289) |  |  | $ | 476 |  |  | $ | 7,300 |  |  | $ | (544) |
Net gain (loss) from changes in cash flow hedges | 1,289 |  |  | 1,688 |  |  | (16,824) |  |  | 1,001 |
Net (gain) loss reclassified into earnings (loss) | 1,981 |  |  | (372) |  |  | 505 |  |  | 1,335 |
Ending balance gain (loss) | $ | (9,019) |  |  | $ | 1,792 |  |  | $ | (9,019) |  |  | $ | 1,792 |
Schedule of Derivative Instruments Not Designated as Hedging Instruments | The following summarizes the gains (losses) before income taxes recognized on derivative instruments not designated as hedging instruments in other income (expense) (in thousands):
| Location of Gain (Loss) Recognized in Earnings (Loss) |  | Gain (Loss) Recognized in Earnings (Loss)
|  | Three Months Ended |  | Nine Months Ended
|  | Nov 1, 2025 |  | Nov 2, 2024 |  | Nov 1, 2025 |  | Nov 2, 2024
Foreign exchange currency contracts | Other income (expense), net |  | $ | 1,295 |  |  | $ | 468 |  |  | $ | (8,607) |  |  | $ | 50 |
2028 Bond Hedge | Other income (expense), net |  | $ | 22,961 |  |  | $ | (50,953) |  |  | $ | 18,890 |  |  | $ | (56,963) |
Embedded derivative | Other income (expense), net |  | $ | (5,020) |  |  | $ | 11,140 |  |  | $ | (4,130) |  |  | $ | 15,168 |

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