Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive (Loss) Income

v3.7.0.1
Accumulated Other Comprehensive (Loss) Income
3 Months Ended
Apr. 29, 2017
Accumulated Other Comprehensive (Loss) Income.  
Accumulated Other Comprehensive (Loss) Income

10.  Accumulated Other Comprehensive (Loss) Income 

 

The following table summarizes the components of accumulated other comprehensive (loss) income for the three months ended April 29, 2017 (in thousands and net of tax):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

 

Currency

 

Cash Flow

 

Pension

 

 

 

 

 

    

Translation

    

Hedges

    

Plan

    

Total

 

BALANCE— January 28, 2017

 

 

(40,205)

 

 

(82)

 

 

204

 

 

(40,083)

 

Other comprehensive income (loss) before reclassifications

 

 

1,341

 

 

(3,926)

 

 

 —

 

 

(2,585)

 

Amounts reclassified from accumulated other comprehensive loss

 

 

 —

 

 

460

 

 

 —

 

 

460

 

Net current-period other comprehensive income (loss)

 

 

1,341

 

 

(3,466)

 

 

 —

 

 

(2,125)

 

BALANCE— April 29, 2017

 

$

(38,864)

 

$

(3,548)

 

$

204

 

$

(42,208)

 

 

The following table summarizes the components of accumulated other comprehensive (loss) income for the three months ended April 30, 2016 (in thousands and net of tax):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

 

Currency

 

Cash Flow

 

Pension

 

 

 

 

 

     

Translation

    

Hedges

    

Plan

    

Total

 

BALANCE— January 30, 2016

 

$

(26,659)

 

$

(2,007)

 

$

180

 

$

(28,486)

 

Other comprehensive income (loss) before reclassifications

 

 

16,429

 

 

(125)

 

 

 

 

16,304

 

Amounts reclassified from accumulated other comprehensive loss

 

 

 —

 

 

365

 

 

 

 

365

 

Net current-period other comprehensive income

 

 

16,429

 

 

240

 

 

 —

 

 

16,669

 

BALANCE— April 30, 2016

 

$

(10,230)

 

$

(1,767)

 

$

180

 

$

(11,817)

 

 

Amounts reclassified from other comprehensive (loss) income for the three months ended April 29, 2017 relate to changes in the fair value of our interest rate swaps which is recorded within interest expense in the condensed consolidated statement of earnings and changes in the fair value of cash flow hedges related to inventory purchases, which is recorded within cost of sales in the condensed consolidated statement of earnings.  Amounts reclassified from other comprehensive (loss) income for the three months ended April 30, 2016 relate to changes in the fair value of our  interest rate swap, which is recorded within interest expense in the condensed consolidated statement of earnings.