Quarterly report pursuant to Section 13 or 15(d)

Derivative Financial Instruments (Tables)

v3.19.2
Derivative Financial Instruments (Tables)
3 Months Ended
May 04, 2019
Derivative Financial Instruments  
Schedule of derivative instruments recorded in the condensed consolidated balance sheets

The following table provides details on our derivative instruments recorded in the condensed consolidated balance sheets as of May 4, 2019, May 5, 2018 and February 2, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

May 4, 2019

 

May 5, 2018

 

February 2, 2019

 

 

 

Balance

 

Estimated

 

Balance

 

Estimated

 

Balance

 

Estimated

 

 

    

Sheet Location

    

Fair Value

    

Sheet Location

    

Fair Value

    

Sheet Location

    

Fair Value

 

Interest rate contracts

 

Other current assets 

 

$

1,154

 

Other current assets 

 

$

1,018

 

Other current assets 

 

$

1,610

 

Interest rate contracts

 

Other assets

 

 

489

 

Other assets

 

 

4,341

 

Other assets

 

 

1,355

 

Foreign exchange contracts

 

Other current assets 

 

 

221

 

Other current assets 

 

 

280

 

Other current assets 

 

 

109

 

Total assets

 

 

 

 

$

1,864

 

 

 

 

$

5,639

 

 

 

 

$

3,074

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate contracts

 

Accrued expenses and other current liabilities

 

$

2,084

 

Accrued expenses and other current liabilities

 

$

 —

 

Accrued expenses and other current liabilities

 

$

1,625

 

Interest rate contracts

 

Deferred taxes, net and other liabilities

 

 

12,719

 

Deferred taxes, net and other liabilities

 

 

 —

 

Deferred taxes, net and other liabilities

 

 

7,605

 

Foreign exchange contracts

 

Accrued expenses and other current liabilities

 

 

 —

 

Accrued expenses and other current liabilities

 

 

83

 

Accrued expenses and other current liabilities

 

 

77

 

Total liabilities

 

 

 

 

$

14,803

 

 

 

 

$

83

 

 

 

 

$

9,307

 

 

Schedule of derivative instruments recorded in the condensed consolidated statements of earnings and comprehensive income (loss)

The following table provides details on our derivative instruments recorded in the condensed consolidated statements of earnings and comprehensive (loss) income for the three months ended May 4, 2019 and May 5, 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Gain/(Loss) Recognized in Other Comprehensive Loss, net of tax

 

Location of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings

Amount of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings

 

 

For the Three Months Ended

 

 

For the Three Months Ended

 

    

May 4, 2019

    

May 5, 2018

 

 

May 4, 2019

    

May 5, 2018

Derivatives in Cash Flow Hedging Relationships:

 

 

    

 

 

    

 

 

 

    

 

 

    

Interest rate contracts

 

$

(5,195)

 

$

1,040

 

Interest expense

$

14

 

$

154

Foreign exchange contracts

 

 

97

 

 

1,047

 

Cost of sales

 

(530)

 

 

559

Total

 

$

(5,098)

 

$

2,087

 

 

$

(516)

 

$

713