Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive (Loss) Income

v3.19.2
Accumulated Other Comprehensive (Loss) Income
3 Months Ended
May 04, 2019
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 May 4, 2019 (in thousands and net of tax):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

 

Currency

 

Cash Flow

 

Pension

 

 

 

 

 

    

Translation

    

Hedges

    

Plan

    

Total

 

BALANCE— February 2, 2019

 

$

(29,820)

 

$

(4,314)

 

$

155

 

$

(33,979)

 

Other comprehensive loss before reclassifications

 

 

(1,585)

 

 

(5,098)

 

 

 —

 

 

(6,683)

 

Amounts reclassified from accumulated other comprehensive loss

 

 

 —

 

 

(516)

 

 

 —

 

 

(516)

 

Net current-period other comprehensive loss

 

 

(1,585)

 

 

(5,614)

 

 

 —

 

 

(7,199)

 

BALANCE— May 4, 2019

 

$

(31,405)

 

$

(9,928)

 

$

155

 

$

(41,178)

 

 

The following table summarizes the components of accumulated other comprehensive (loss) income for the three months ended May 5, 2018 (in thousands and net of tax):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

 

Currency

 

Cash Flow

 

Pension

 

 

 

 

 

     

Translation

    

Hedges

    

Plan

    

Total

 

BALANCE— February 3, 2018

 

$

(11,116)

 

$

145

 

$

189

 

$

(10,782)

 

Other comprehensive (loss) income before reclassifications

 

 

(14,143)

 

 

2,087

 

 

 

 

(12,056)

 

Amounts reclassified from accumulated other comprehensive income

 

 

 —

 

 

713

 

 

 

 

713

 

Net current-period other comprehensive (loss) income

 

 

(14,143)

 

 

2,800

 

 

 —

 

 

(11,343)

 

BALANCE— May 5, 2018

 

$

(25,259)

 

$

2,945

 

$

189

 

$

(22,125)

 

 

Amounts reclassified from other comprehensive (loss) income for the three months ended May 4, 2019 and May 5, 2018 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.